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Bhubaneswar: In a first, Odisha is set to get its drone park. BonV Aero, a leading startup, will set up the project worth Rs 300 crore of unmanned aerial vehicle-making facility in Khordha. With this, Odisha will become one of India's premier destinations for high-tech UAV making and aerospace innovation. The project will span over 2.5 acres. The facility will have drone assembly lines, a Drone Centre of Excellence and an industrial skilling centre. Besides, there will be an Experience Centre ...Read More >
Hyderabad (Telangana) [India], April 8 (ANI): Tata Lockheed Martin Aerostructures is exploring potential investment opportunities in Telangana as part of its expanding footprint in India's defence sector, which was discussed during a meeting between the company's Managing Director Tim Riffle and Chief Minister A Revanth Reddy in Hyderabad today. According to a post by the Chief Minister's Office on X, Tim Riffle, Chief Operating Officer and Managing Director of Tata Lockheed Martin Aerostructur ...Read More >
New Delhi, Apr 8 (PTI) The Bharat Earth Movers Limited (BEML) under Ministry of Defence has signed an MoU with the Delhi Metro Rail Corporation to collaborate on metro rail projects in India and overseas, marking a step towards expanding integrated urban mobility solutions. The MoU seeks to establish a framework for cooperation between the two organisations to jointly identify, pursue and execute metro projects across domestic and international markets and the partnership will leverage BEML's m ...Read More >
Hyderabad (Telangana) [India], April 8 (ANI): Tata Lockheed Martin Aerostructures is exploring potential investment opportunities in Telangana as part of its expanding footprint in India's defence sector, which was discussed during a meeting between the company's Managing Director Tim Riffle and Chief Minister A Revanth Reddy in Hyderabad today. According to a post by the Chief Minister's Office on X, Tim Riffle, Chief Operating Officer and Managing Director of Tata Lockheed Martin Aerostructur ...Read More >
"Materials are key enablers, whether for systems, weapons, or sensors. If you want capabilities beyond what you currently possess, you must develop materials that can provide that capability," the DRDO chairman said. He cautioned India against depending on foreign countries for material development technology. "You are not going to get it. They will give you the technology only once they have used it in their systems. And, when they move to the next generation technologies... when they give yo ...Read More >
The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
The Ministry of Heavy Industries (MHI) on Tuesday held a pre-bid conference for its 'Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnet', drawing participation from at least 25 companies. The conference, held at India Habitat Centre, followed the release of a Request for Proposal (RFP) on March 20, 2026, inviting bids to set up integrated rare earth permanent magnet (REPM) manufacturing facilities with a total capacity of 6,000 MTPA under an outlay of ₹7,280 crore. MHI sa ...Read More >
Its hospitality arm, Brigade Hotel Ventures Limited, has signed a management agreement with Hyatt for Grand Hyatt Chennai ECR. Separately, BCV Developers Private Limited has entered into a management agreement with Hyatt for Hyatt House Bengaluru Devanahalli. The Grand Hyatt project, located along East Coast Road, will be a beachfront hotel catering to both leisure and business travellers. Slated to open in 2029, the property will feature around 200 rooms, the company said. Also Read: Brigade ...Read More >
New Delhi, Apr 7 (PTI) At least 25 companies, including JSW Group, Vedanta, Hindustan Zinc Ltd (HZL) and NLC India, participated in a pre-bid conference for the Rs 7,280-crore scheme to promote the manufacturing of sintered rare earth permanent magnet called by the heavy industries ministry on Tuesday, sources said. The government will select a maximum of five entities through the bidding, with each entity setting up facilities of up to 1,200 MTPA, aggregating to a total of up to a maximum capa ...Read More >
Jindal Stainless has announced Ranveer Singh, one of India's most celebrated actors and cultural icons, as its first ever brand ambassador and nationwide celebrity endorser. The association marks a significant step in the company's efforts to expand brand visibility and strengthen its connect with consumers. Known for his grit, performance, and reliability, Ranveer Singh's persona mirrors the brand's core ethos. Through this association, Ranveer Singh will lead campaigns across television, digit ...Read More >
New Delhi [India], April 7 (ANI): Air Marshal Umesh Yalla, Air Officer Commanding in Chief of the Maintenance Command of the Indian Air Force, on Tuesday emphasised the need for indigenisation and advanced materials research in military aerospace manufacturing to reduce dependence on foreign Original Equipment Manufacturer (OEMs) and enhance India's strategic autonomy. Speaking at the CAPS-IMR Joint Seminar, Air Marshal Yalla said, "The military aerospace manufacturing industry has largely grow ...Read More >
Bangalore: BCV Developers Private Limited, part of the Brigade Group, today announced the signing of Hyatt House Bengaluru Devanahalli with Hyatt. Brigade Hotel Ventures Limited (BHVL) had earlier signed with Hyatt for Grand Hyatt Chennai ECR. Brigade Hotel Ventures Limited had signed a management agreement with Hyatt for Grand Hyatt Chennai ECR, a premier beachfront hotel on the scenic southeastern coast of India. With plans to open in 2029, Grand Hyatt Chennai ECR will debut on an expansive b ...Read More >
Washington DC: Indian Air Force Air Chief Marshal Amar Preet Singh arrived in the United States to further strengthen the India-US defence partnership. Singh was received by the Indian Ambassador to the US, Vinay Mohan Kwatra. Also Read: Iran issues strict warning to Trump, says will respond 'in kind' to any US attacks In a post on X, Kwatra said, "Pleasure to host and welcome CAS, Indian Air Force Air Chief Marshal Amar Preet Singh as he begins his visit to the United States to further stren ...Read More >
Ground-based analogue missions are a disciplined way of getting subject data. (Image credit: Protoplanet) ShowQuick Read Summary is AI-generated, newsroom-reviewed * India's Gaganyatris are undertaking a high-altitude analogue mission in the cold desert of Ladakh * Ground-based analogue missions are a disciplined way of generating subject data * The mission's emphasis is behavioural and operational, focusing on group dynamics in stressed environments Did our AI summary help? Let us know. ...Read More >
Kozhikode: The Indian Institute of Management Kozhikode (IIM Kozhikode) has opened admissions for the 19th batch of its flagship Executive Post Graduate Programme (EPGP) in Management, a two-year MBA for working professionals. With this announcement, the Institute reaffirms its position as a leading destination for executive education in India, combining academic rigour, managerial relevance and a learning experience that reflects its global academic standards and the changing needs of business ...Read More >
The Indian IPO market is witnessing a remarkable surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, signalling robust issuer confidence and strategic regulatory compliance despite prevailing market volatility. Illustration: Dominic Xavier/Rediff.com Key Points A total of 38 companies filed preliminary IPO papers with SEBI in March 2026, a sharp increase from previous years, indicating improved issuer sentiment and regulatory considerations. High-profile com ...Read More >
Mumbai: India's IPO market is showing strong signs of revival, with 38 companies filing their draft papers in March 2026. This is a big jump compared to 22 filings in March 2025 and just 16 in March 2024, according to Securities and Exchange Board of India data. The surge indicates that companies are preparing to enter the stock market, even though global uncertainties and market volatility continue. Big Names in the Pipeline Several well-known companies are part of this growing IPO pipeline. ...Read More >
During the test, the aerial vehicle developed a mechanical snag and went out of control. ShowQuick Read Summary is AI-generated, newsroom-reviewed * UAV prototype of LAT Aerospace crashed near Nandpur village after test flight loss of control * Test conducted at Saifai airstrip with prior permission from Civil Aviation Department * Crash caused by mechanical snag and strong winds during ground roll test Did our AI summary help? Let us know. Switch To Beeps Mode Etawah: An unmanned aeri ...Read More >
He added that the Indian Air Force's LCA Mk-1 fleet (the first Tejas variant), grounded for nearly two months, will be cleared for flying next week after a software snag in the fighter jet's brake system was fixed. A local modification committee has cleared the correction. The contract for 99 engines specifies liquidated damages for any supply delay, and that clause is being invoked every time an engine is delayed, he said. "It is being done in line with the contract." The US firm has so far ...Read More >
NELLORE: In a major step towards strengthening India's human spaceflight programme, the Indian Space Research Organisation (Isro) has launched Mission Mitra in Leh to study crew performance under extreme environmental and psychological stress. The mission, launched on April 2, is being conducted till April 9 in Leh, Union Territory of Ladakh. The region's high-altitude conditions around 3,500 metres above sea level provide a natural simulation environment, with low oxygen levels, extreme cold a ...Read More >
Telangana Chief Minister A. Revanth Reddy on Friday (April 3, 2026) wooed textile industry to invest in the State by assuring best infrastructure, land, power, water, incentives and government support aimed at fastest execution of the projects. "I have policies that can match the best globally. Most importantly, we have the best human resources. If you have a vision, we are your perfect partner for global success," he said at the 13th Asian Textile Conference (ATEXCON 2026) in Hyderabad. Asser ...Read More >
NEW DELHI: Hindustan Aeronautics Limited chairman DK Sunil on Thursday said American firm General Electric has assured the delivery of 20 F404 engines by Dec and that HAL expects to receive a sixth GE engine for the LCA Tejas Mark 1A project by April-end.It is learnt that HAL is "imposing contractual penalties on GE" for delays in the supply of engines for the LCA Tejas jet and the penalties are being imposed on GE Aerospace as per the contract for 99 engines. In Feb 2021, the defence ministry h ...Read More >
Bengaluru, Apr 3 (PTI) ISRO on Friday said it has undertaken mission MITRA in Leh, Union Territory of Ladakh, from April 2 to 9, a first-of-its-kind team behavioural study for the benefit of human spaceflight missions such as Gaganyaan. The mission, inaugurated by the ISRO chairman V Narayanan, was mainly for the crew safety and performance. "Mission MITRA is a first-of-its-kind team behavioural study designed by ISRO and IAF-Institute of Aerospace Medicine to examine the physiological, psycho ...Read More >
Hyderabad, April 3 (SocialNews.XYZ) Telangana Chief Minister A. Revanth Reddy said on Friday that his government aims to transform the state into the textile capital of South Asia by 2047. Revanth Reddy assured the investors in the textile sector that the government will provide them with infrastructure, land, power, water, and incentives, along with expedited approvals. Addressing the Asian Textile Conference 2026 here, he said that his goal is to ensure that garments made in Telangana are wo ...Read More >
Chennai, April 2 (UNI) Indian government-owned NewSpace India Limited (NSIL) and Hyderabad-based aerospace firm Dhruva Space Private Limited have signed a memorandum of understanding (MoU) to jointly work on the design, manufacture, testing, and supply of solar panels for global satellite manufacturers. Chennai, Apr 2 (UNI) Battery powered two wheeler maker Ola Electric Mobility Ltd today announced price reduction of Rs.60,000 for its electric motorcycle, Roadster X 9.1 kWh, enabled by rapid ec ...Read More >
New Delhi, April 2 (SocialNews.XYZ) India holds rare earth oxide resources of approximately 8.52 million tonnes, but remains dependent on imports for rare earth magnets and related products due to low-grade domestic deposits, regulatory constraints and a limited processing industry, the Parliament was informed on Thursday. In a written reply in Rajya Sabha, Union Minister of State for Science and Technology, Dr Jitendra Singh, said the Atomic Minerals Directorate for Exploration and Research ha ...Read More >
The Hindustan Aeronautics Limited (HAL) has recorded a revenue of ₹32,250 crores (provisional and unaudited) for the financial year ended March 31, 2026, as against the revenue of ₹ 30,981 crores during the previous year. The Bengaluru headquartered defence PSU said that achievement was made possible despite the challenges faced in deliveries of LCA Mk1A and HTT 40 due to supply chain issues arising from geopolitical and technical challenges. However, deliveries of ALH, AL31-FP, RD-33 engin ...Read More >
The Business Research Company's Carbon Fiber Composites In Aerospace Market Report 2026 - Market Size, Trends, And Global Forecast 2026-2035 LONDON, GREATER LONDON, UNITED KINGDOM, March 30, 2026 /EINPresswire.com/ -- "The carbon fiber composites in aerospace market are dominated by a mix of global aerospace material manufacturers and specialized advanced composite firms. Companies are focusing on high-strength lightweight carbon fiber composites, resin systems, thermoplastic and thermoset mate ...Read More >
Bengaluru (Karnataka)/ Hosur (Tamil Nadu) [India], April 1: Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. Also Read | Who Is Sahiba Bali? IPL 2026 Anchor and Actress Facing Backlash Over 'The Kashmir Files ...Read More >
Bengaluru / Hosur : Merlinhawk Composites and Engineering Pvt. Ltd., a joint venture between Merlinhawk Aerospace Pvt. Ltd., India, and Vega Composites, Italy, today marked an important milestone with the ceremonial pooja ahead of the commissioning of its advanced composites manufacturing facility at Shoolagiri in the Tamil Nadu Defence Industrial Corridor. The state-of-the-art facility will focus on the manufacture of advanced composite aero structures and materials for aerospace and defence a ...Read More >
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