Author: News Desk

Russia is offering India more than just a purchase deal for its Su-57 fifth-generation stealth fighter, it has proposed a full technology transfer, allowing India to build these jets locally. This offer could be a major boost to the Indian Air Force (IAF), helping it close its critical squadron strength gap while also advancing its long-term goal of defence self-reliance. By manufacturing the Su-57 in India, the IAF could leverage its existing infrastructure and reduce dependency on foreign spare parts. Technically, the Su-57 brings significant advantages: it offers supermaneuverability thanks to thrust-vectoring engines, sustained supersonic (“supercruise”) capability, and a robust weapons payload. While its stealth…

India has achieved a major milestone in its journey toward greater private-sector participation in the space industry, with the country’s first commercially built PSLV rocket now ready to launch the upcoming Oceansat mission. The historic launcher has been fully manufactured by a Hindustan Aeronautics Limited (HAL)–Larsen & Toubro (L&T) consortium, marking the first time that the nation’s trusted PSLV has been built entirely by industry partners rather than ISRO. The project is part of a larger 2022 contract awarded by NewSpace India Limited (NSIL) — the commercial arm of ISRO, which entrusted the HAL–L&T team with the end-to-end production of five PSLV-XL variants. This includes everything from manufacturing…

TiEcon Kerala 2025 opened at The Zuri, Kumarakom with a clear intent: bring the State’s startup community together and spark new ideas, new connections and new possibilities. The event has drawn founders, investors, mentors and business leaders from across India. Ranganathan’s Roadmap for Founders C K Ranganathan, Founder and Chairman of CavinKare, opened the sessions with a practical look at the six stages of an entrepreneur’s journey. He spoke about the confusion of the early phase, the need for structure and the importance of building systems that help a company grow. His main point was that founders should know where…

Russia has offered India a broad package of maritime cooperation, including joint shipbuilding, port infrastructure development, and maritime logistics, according to senior diplomatic discussions. At a recent meeting between Russian presidential aide Nikolai Patrushev and Indian Shipping Minister Sarbananda Sonowal, Moscow proposed sharing existing or custom ship designs for fishing vessels, passenger ships, and auxiliary vessels. Russia highlighted its unmatched expertise in specialized vessels like ice-class ships and icebreakers, suggesting these could be jointly built to serve India’s strategic maritime interests. The two countries also discussed green shipbuilding, reflecting India’s increasing focus on sustainable maritime infrastructure. In addition, the talks covered deep-sea research capabilities and crew…

Wipro Electronics is moving rapidly to strengthen India’s electronics manufacturing ecosystem with its upcoming ₹500 crore Printed Circuit Board (PCB) facility in Bengaluru North. The company has confirmed that the plant will become operational within the next nine months, marking a major milestone in its strategic expansion into high-value electronics production. The new unit will focus on manufacturing high-reliability, multi-layer PCBs that cater to fast-growing industries such as telecommunications, electric vehicles, industrial automation, consumer electronics, defense systems, and emerging IoT devices. With PCB demand rising sharply across sectors, this facility is expected to play a crucial role in reducing India’s reliance on imported components, an area…

PVR Ltd, one of India’s leading multiplex chains, has unveiled an ambitious growth roadmap for FY26 with plans to add nearly 100 new cinema screens across the country. This expansion is not just about increasing capacity, it reflects a strategic shift toward deep-market penetration, with a strong emphasis on tier-III cities, where the company sees growing enthusiasm for organised entertainment. The move comes at a time when consumer behaviour in smaller towns is rapidly evolving. Tier-III markets today are witnessing a noticeable rise in disposable income, improved connectivity, and exposure to diverse content through OTT platforms. As a result, audiences…

The Adani Group is making one of its most aggressive moves in the defence manufacturing sector, preparing to establish an ammunition production ecosystem valued at nearly ₹7,000 crore. This large-scale investment aims to create end-to-end capability across multiple categories of ammunition — from small-calibre rounds to artillery shells, smart munitions, and specialised defence-grade explosives. According to reports, the group has already identified key sites for setting up these facilities and is working closely with defence authorities to secure clearances and long-term supply contracts. With this scale of investment, Adani is positioning itself to become one of India’s largest domestic ammo suppliers, reducing reliance on…

Reliance Industries Ltd (RIL) has announced a major shift in its crude sourcing strategy, confirming that it has halted all imports of Russian crude oil for its Jamnagar Special Economic Zone (SEZ) refinery starting 20 November 2025. The Jamnagar SEZ unit is an export-oriented refinery, and the decision ensures that all fuels exported from this facility will comply with tightening international sanctions. Beginning 1 December 2025, every product exported from the SEZ refinery will be refined entirely from non-Russian crude, marking a complete transition ahead of the European Union’s upcoming ban on refined fuels produced from Russian-origin oil, which takes effect on 21 January 2026. This early compliance reflects Reliance’s…

Tamil Nadu has announced an ambitious ₹1.2 trillion port expansion programme, signalling one of the largest maritime infrastructure upgrades undertaken by the state. The massive investment aims to transform Tamil Nadu into a premier maritime and logistics hub, capable of supporting rising industrial activity, export demands, and global trade ambitions. As part of this expansion, both major and minor ports will undergo capacity enhancement through the development of new berths, deep-draft terminals, advanced cargo-handling systems, and modern storage facilities. These upgrades are designed to accommodate larger vessels, reduce congestion, and ensure faster, more efficient turnaround times. A major component of the plan focuses on multimodal connectivity.…

India and Israel have taken a significant step forward in strengthening their economic partnership by formally agreeing to begin negotiations on a Free Trade Agreement (FTA). Union Commerce Minister Piyush Goyal announced that both countries have already signed the Terms of Reference (ToR), which lays the foundation for structured and comprehensive trade discussions. The next step is to finalize the dates for the first round of talks, which officials say will be confirmed soon. The proposed FTA is expected to broaden bilateral trade opportunities, streamline market access, and boost investment flows between the two nations. Key areas likely to see enhanced cooperation include technology, agriculture,…