An Indian firm, Bharat Forge, and US defence major Pratt & Whitney Canada have announced a collaboration to develop India's high-altitude, long-endurance (HALE) unmanned aerial vehicle (UAV). This partnership will focus on integrating advanced turboprop engines into the DRDO-designed HALE UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative. The collaboration aims to enhance India's strategic self-reliance in surveillance and reconnaissance technology.
Six initial public offerings, including Rentomojo Ltd and Karamtara Engineering, were fully subscribed on their final day of bidding, with Rentomojo's IPO subscribed 72.88 times and Karamtara's 62.63 times, reflecting robust investor appetite in the primary market.
A Kanpur-based engineer, Chandan Gupta, alleges he was abused, threatened, and tortured during a 48-hour detention by Russian police in Moscow. He denies charges of public intoxication and property damage, claiming police provided no evidence and denied him contact with family or a translator. Gupta also criticises the Indian Embassy's handling of the situation, stating they relied solely on the Russian police's version of events. Traumatised, he has returned to India and vows never to work abroad again.
Indian firm Bharat Forge and US defence major Pratt & Whitney Canada have announced a collaboration to support the development of India's high-altitude, long-endurance (HALE) unmanned aerial vehicle. This partnership involves integrating advanced turboprop engines into a DRDO-designed UAV, bolstering India's indigenous defence capabilities under the Aatmanirbhar Bharat initiative.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
Precision engineering components maker Indo MIM Ltd is optimistic about the growth of the domestic aerospace industry, particularly focusing on engine applications. The company notes a significant acceleration in foreign OEM interest in India for engineering talent and manufacturing. Indo MIM recently announced its Rs 3,812 crore IPO, opening on July 23, to fund borrowings and general corporate purposes.
The initial public offering (IPO) of auto components maker Hero Motors Ltd was fully subscribed on its first day of bidding, receiving bids for 1.38 times the shares on offer, with strong interest from retail investors.
The Indian government has defended its E20 ethanol blending programme, stating that extensive testing and field experience show no evidence of abnormal engine wear, corrosion, or reduced vehicle life, despite a potential 2-6% reduction in fuel economy.
Aviation regulator DGCA had flagged safety issues concerning Tecnam aircraft over a month before a Tecnam P2006T training aircraft crashed in Kanpur on August 27, killing a trainee pilot and an instructor.
A rocket designed and developed by ISRO is being transferred to industry for production.
Nine ISRO associations want to know whether this is simply an effort to expand India's industrial capacity or part of a larger policy under which ISRO itself will eventually withdraw from rocket manufacturing.
Olectra Greentech Ltd has become the first company in India to deploy 4,000 electric buses on Indian roads, marking a significant milestone in the country's transition to sustainable public transport and reinforcing its leadership in electric mobility.
"When Royal Enfield turned 100, we were struggling for survival"
Maruti Suzuki India Ltd has launched the Wagon R, India's first flex-fuel car, capable of running on any blend of ethanol and petrol from E20 to E100, aligning with national energy security and sustainability goals.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
More than a dozen companies, including quick commerce firm Zepto, logistics platform Shiprocket, and housing finance company Truhome Finance, are preparing to launch their initial public offerings (IPOs) next month, collectively aiming to raise over Rs 25,000 crore.
Engineers India Ltd named S Ramana Moorthy company secretary.
Hyundai Motor India Ltd (HMIL) announced plans to make Tamil Nadu its 'flagship EV hub for India', committing over 26,000 crore in investment, enhancing localisation, and creating approximately 2,000 additional jobs over the next five to six years. The company will roll out two new EV models from its Chennai facility this year, including its first mass-market dedicated EV.
Dilip Buildcon Ltd, the contractor for the Anakkampoyil-Kalladi-Meppadi road tunnel project in Wayanad, attributed a recent fatal landslide to exceptionally heavy rainfall. The company stated that the project adheres to all safety and environmental protocols, despite allegations from Kerala Ministers of a "man-made disaster."
The Indian Air Force (IAF) is establishing a maintenance facility for GE Aerospace's F404-IN20 jet engines, which power the Tejas light combat aircraft, with technical support from GE Aerospace. This initiative aims to enhance India's indigenous defence capabilities and reduce reliance on overseas repair centres.
Approximately 27 workers are trapped inside an under-construction tunnel in Sikkim's Namchi district following a landslide and suspected gas leak. Rescue operations are underway, but the presence of gas, believed to be methane, is complicating efforts, causing dizziness among rescue personnel. Teams from NDRF, SDRF, and West Bengal are involved in the challenging operation to save the workers.
Hyderabad-based SETL, a precision engineering company, has acquired a 51% majority stake in GScale Energy Private Limited, an AI Datacenter Engineering infrastructure specialist. This strategic move involves an initial investment of Rs 190 crore, with a total commitment of Rs 500 crore, marking SETL's expansion into the rapidly growing AI Datacenter sector and leveraging its expertise from pharmaceutical and chemical industries.
Beijing clearly intends to extend the China-Myanmar Economic Corridor to Bangladesh as part of its larger Maritime Belt and Road Initiative to boost its Indian Ocean presence.
Legal database platform India Kanoon has approached the Delhi High Court, challenging a single-judge order that recognised an individual's 'right to be forgotten' and directed the platform to de-index and disable 'name-based search functionality' for certain judicial orders.
The India-Oman free trade agreement, operationalised on June 1, is set to create significant export opportunities for India's labour-intensive and value-added sectors, including textiles, gems and jewellery, and marine products, while also strengthening energy security.
A sophisticated cross-bank syndicate is systematically defrauding non-resident Indians (NRIs) and elderly citizens by exploiting their fixed deposits through forged documents and fictitious loans, often involving colluding bank employees and real estate deals.
At an aggressive starting price of 18.79 lakh, the Tata Sierra.ev has a real-world range of 510 to 530 km with the 75 kWh battery pack on a single charge while the smaller 63 kWh battery coughs out a real-world range of 440 to 460 km, plus lifetime battery warranty as standard. And with the intelligent Quad-Wheel Drive system pushing out 504 Nm of torque, the EV flies from 0 to 100 km/h in just 5.8 seconds, says Rajesh Karkera.
Japanese automaker Honda plans to introduce over 10 new models, including electric vehicles and compact SUVs, in India by 2030, identifying India as one of its three key markets for future growth.
Reliance Industries Ltd reported a 22 per cent year-on-year decline in consolidated net profit for the June quarter, primarily because the previous year's earnings were inflated by a one-time gain from the sale of its stake in Asian Paints.
Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.
Pilots' grouping FIP has suggested that the AAIB should investigate whether a 'pre-lift off electrical disturbance' could have led to the Air India Dreamliner crash in June last year, which resulted in 260 fatalities.
Companies are already diversifying sourcing, raising prices, and reworking operating models as the disruption drags on.
Leading Fast-Moving Consumer Goods (FMCG) companies in India are expressing strong optimism for the current fiscal year, anticipating robust consumption trends, significant growth, and improved profit margins. This positive outlook is largely driven by resilient demand and the expected easing of elevated input costs, despite ongoing inflationary pressures and potential weather volatility.
The Delhi High Court has recognised an individual's 'right to be forgotten', ruling that search engines cannot perpetually display judicial records in name-based searches for private cases or those ending in acquittal.
Prime Minister Narendra Modi on Sunday used two major public engagements in Kolkata to outline a broader vision for India's future -- one rooted in inner balance and collective well-being through yoga, and the other in national self-reliance and maritime strength.
The Central Information Commission has ruled that the Board of Control for Cricket in India does not qualify as a 'public authority' under the Right to Information Act, effectively placing it outside the scope of RTI disclosures.
Aequs Group, in collaboration with IIT-Dharwad, has established an advanced research and development facility for materials science and manufacturing innovation at the IIT-Dharwad campus.
A meeting of the board of directors of Engineers India Ltd is scheduled on January 30, 2003 to take on record the unaudited financial results (provisional) for the third quarter ended December 31, 2002.\n\n\n\n
India's electric passenger vehicle market saw an 87.4 per cent year-on-year increase in FY26, reaching 233,246 units, primarily driven by the mid-size SUV segment (20-30 lakh price bracket), while the entry-level segment (sub-10 lakh) experienced a decline.
The Department of Disinvestment will soon appoint merchant bankers to manage 10 per cent stake sale in Engineers India which may fetch Rs 520 crore to the exchequer.
In many ways, this is only the beginning -- of a new chapter in India's nuclear story, and of a future where its vast thorium reserves could finally power its ambitions.
