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.
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.
Bharat Forge reported modest Q4FY26 results but provided strong guidance, anticipating significant growth from its defence, aerospace, and data centre segments, with a projected 25 per cent revenue growth in Indian manufacturing for FY27, despite current high valuations.
The stock of automotive (auto) components major Bharat Forge has risen 14.6 per cent over the past month. Despite ongoing demand challenges, strong operating performance in the July-September quarter (Q3) of 2025-26 (FY26), a diversified revenue base, and expectations of a gradual recovery have lifted sentiment.
Bharat Forge, the Pune-based automotive component maker, has been one of the top-performing companies in its segment. The company's stock price is up 39.3 per cent since the beginning of the 2023 calendar year, surpassing other leading automotive component makers such as Bosch and Samvardhana Motherson International. The stock also outperformed the benchmark BSE Sensex, which is up 17.3 per cent year to date so far.
The outsourcing story continues to drive the shares of the Bharat Forge.
Bharat Forge, world's second largest forgings company, will supply products to the US operations of Japanese auto giants Toyota and Honda.
Consolidated earnings of Bharat Forge in Q3FY23 missed estimates, largely due to higher-than-expected interest burden, although operational numbers (including standalone numbers) were close to consensus. Still, the management guidance was positive and appeared to be based on logic.
Karmayogi Bharat and OpenAI have signed an MoU to enhance AI capacity development across India's civil services. This partnership aims to equip government personnel with AI skills through the iGOT Karmayogi platform, fostering confident and responsible AI use for improved public outcomes and a future-ready civil service under Mission Karmayogi.
Since its results for the first quarter of the 2023-24 financial year (Q1FY24) earlier this month, the stock of auto component major Bharat Forge is up nearly 15 per cent and hit its all-time high in the process. The recent gains have extended the returns over the last three months to over 34 per cent. After a strong Q1 performance which beat expectations, brokerages had revised their earnings estimates upwards to factor in the improved outlook.
Even though Bharat Forge's performance in the July-September quarter broadly met Street estimates and defence orders are on the rise, the subdued outlook for its global business has prompted some brokerages to adopt a cautious stance on the company. Analysts have reduced the company's earnings per share (EPS) estimates to account for the slow recovery of its overseas subsidiaries. Valuations are also trading at long-term averages, which could limit potential upsides.
Bharat Forge, India's largest auto components maker, said it will cut production as demand from car makers shrink.
Investors should await consistent growth metrics before looking at an investment in the company.
Rajasthan Police's Special Operations Group has arrested four more foreign-trained medical graduates for allegedly using forged Foreign Medical Graduate (FMG) screening certificates to secure internships and registration. This brings the total arrests in the case to 33, including 28 medical graduates, former RMC officials, and middlemen. The accused reportedly paid between Rs 27 lakh and Rs 30 lakh for the fake documents and secured internships at government medical colleges. Investigators suspect over 100 beneficiaries in the racket.
Bharat Forge bore the brunt of profit booking despite posting sterling results, easing from its new 52-week high of Rs 221.65. \n\n\n\n
Kalyani Strategic Systems' subsidiary, Agneyastra Energetics Ltd, has commenced construction of a Rs 1,500-crore defence manufacturing facility in Andhra Pradesh, aiming to enhance India's indigenous defence capabilities and generate employment.
Bharat Forge on Saturday said the company would be investing over Rs 400 crore (Rs 4 billion) for a greenfield facility in India and set up development centres in foreign locations for product design and development.
Mizoram's school education minister inaugurated the northeast region's first 'New Age Tech Skills Centre' at the Government Comprehensive Model School in Aizawl. The centre, established under Bharat Forge Limited's CSR initiative, will offer training in AI, robotics, IoT, 3D printing, CAD, CNC simulation, and drone technology.
Prime Minister Narendra Modi, at the India Mobile Congress (IMC) 2026, articulated a vision for India's communications sector, emphasizing a global framework to combat cyber frauds and deepfakes. He called for India to become a hub for innovation and product development for the world. Industry leaders lauded his vision, highlighting India's robust digital infrastructure and its journey towards becoming a global technology leader, with a focus on trust, security, and responsible innovation.
The Indian government has expanded its Nasha Mukt Bharat Abhiyaan by signing agreements with four spiritual organisations. These partnerships aim to enhance grassroots awareness, prevention, recovery, and social mobilisation efforts against substance abuse, leveraging the extensive reach of these groups.
Bharat Forge Ltd has posted a net profit of Rs 213.60 million for the quarter ended December 31, 2002 (DQ-02) as compared to Rs 63.10 million in the quarter ended December 31, 2001 (DQ-01). \n\n\n\n
The Kalyani Group's flagship company Bharat Forge is planning to make a big foray into the power sector with an investment of up to Rs 50,000 crore (Rs 500 billion) and a targeted generation capacity of up to 10,000 MW, over the next ten years.
Analysts predict that crude oil prices, geopolitical tensions in West Asia, and upcoming inflation data will be the primary drivers of the Indian stock market this week, alongside foreign investor activity and domestic quarterly earnings.
Auto component-maker Bharat Forge Ltd on Monday said it will invest around Rs 1,500 crore (Rs 15 billion) over the next three years to focus on its non-automotive business of making components and heavy forgings for energy, marine, defence, aerospace and locomotive sectors.
During the financial year 2025-2026, the defence ministry has signed a total of 182,492 crore capital acquisition contracts, highlighting the government's push to modernise the armed forces and promote indigenous defence production.
RRP Electronics and Orvis Semi Pvt Ltd have formed a strategic partnership to develop and manufacture low-light imaging sensors for defence, surveillance, and security in India. This collaboration aims to reduce reliance on imports and bolster India's semiconductor and defence electronics ecosystem under government initiatives like Make in India.
Guests at President Droupadi Murmu's Independence Day 'At Home' reception will be welcomed with handwoven Maheshwari stoles, celebrating the vibrant art traditions of Chhattisgarh, Goa, Madhya Pradesh, and Maharashtra, alongside an invitation package highlighting sustainable environmental practices.
Tata Motors Passenger Vehicles (TMPV) reported Q1FY27 results showing significant margin pressures at both Jaguar Land Rover (JLR) and its domestic operations, despite strong volume growth in the India business. Analysts expect these margin headwinds to persist, potentially offsetting gains from increased sales and new launches.
The 515 Army Base Workshop in Bengaluru has signed multiple strategic MoUs to bolster indigenous drone manufacturing and ecosystem resilience, marking a significant step towards modernisation and self-reliance in unmanned systems.
