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Sony and Panasonic agree on developing next-gen Optic Disc
NEW DELHI: Sony and Panasonic have signed a basic agreement with the objective of jointly developing a next-generation standard for professional-use optical discs, with the objective of expanding their archive business for long-term digital data storage.
Both companies aim to improve their development efficiency based on the technologies held by each respective company, and will target the development of an optical disc with recording capacity of at least 300GB by the end of 2015.
Sony and Panasonic will continue to hold discussions regarding the specifications and other items relating to the development of this new standard.
Optical discs have excellent properties to protect them against the environment, such as dust-resistance and water-resistance, and can also withstand changes in temperature and humidity when stored. They also allow inter-generational compatibility between different formats, ensuring that data can continue to be read even as formats evolve. This makes them a robust medium for long-term storage of content.
Both companies have previously developed products based on the Blu-ray format, leveraging the strengths of optical discs. However, both Sony and Panasonic recognised that optical discs will need to accommodate much larger volumes of storage in years to come given the expected future growth in the archive market, and responded by formulating this agreement.
In recent years, there has been an increasing need for archive capabilities, not only from video production industries, such as motion pictures and broadcasting, but also from cloud data centers that handle increasingly large volumes of data following the evolution in network services. Both Sony and Panasonic have a proven track record in developing Blu-ray disc format technologies, and by actively promoting the adoption of a new standard for next-generation high-capacity optical discs, they intend to offer solutions that preserve valuable data for future generations.
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Akasa Air co-founder Praveen Iyer steps down, Anand Srinivasan to lead
Airline shakes up top team as Iyer exits and leadership reshuffles take flight
MUMBAI: Akasa Air has announced that co-founder and chief commercial officer Praveen Iyer is set to resign, marking another shake-up at the fast-growing carrier. Iyer, part of the founding team that launched flights in August 2022, will work closely with the leadership team to ensure a smooth transition until 30 April 2026.
Following his departure, co-founder and chief information officer Anand Srinivasan will take over as chief commercial officer, while the airline’s IT function will now report to chief financial officer Ankur Goel.
Iyer’s exit adds to a string of senior-level departures at Akasa over the past nine months. In October 2025, co-founder and senior vice president for International Operations Neelu Khatri stepped down. Other key exits in the latter half of 2025 included Rishabh Dev, head of long-term operations, strategy, excellence and planning; Anmol Mane, vice president – aircraft acquisition and leasing; and Vineet Mishra, deputy general manager for catering.
Despite the revolving door at the top, Akasa Air continues to push ahead, navigating turbulence with new appointments and leadership reshuffles aimed at keeping the airline on a steady flight path.
