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MAHINDRA DEFENCE SYSTEMS
Mahindra to sell majority stake in aerospace subsidiary to Brazil's Embraer for Rs 5,100 croreMahindra & Mahindra Ltd has entered into an agreement with Embraer SA for selling a 51% stake in Novavaayu Aerospace Ltd. The total conside...- Factories of future: Built on 25 years of reform & executionIndia's industrial sector has seen significant growth under Modi's leadership, emphasising infrastructure development and reforms. The Vibr...
- Lockheed Martin to expand production in India, if it wins transport aircraft bidLockheed Martin is planning to enhance its production capabilities in India based on a tender for 60 medium transport aircraft. This procur...
- Kia Sonet owner to get Rs 10.99 lakh refund, 9% interest and compensation over repeated DPF issues in his car during warranty period: Consumer commission orderRepeated DPF issue in BS6 Diesel car under warranty period with no solution amounts to deficiency in service, rules consumer commission and...
- Chip startup Mythic AI enters India, eyes data centre, robotics opportunitiesFounded in 2012 and headquartered in Austin and Palo Alto, the company is developing analogue compute-in-memory technology for energy-effic...
- Solar's $1.3 bn bet is a turn for India's defence-industrial complexThe piece argues that Solar Industries’ ₹12,951-crore acquisition of South Africa’s Omnia Holdings could mark a new phase for India’s defen...
- BRICS Summit 2026: Putin slams West's 'ugly' economic warfare, claims BRICS bloc has left G7 behindRussian President Vladimir Putin stated BRICS nations now lead global economic growth. Western competitors are attempting to regain their f...
- Embraer eyes bigger manufacturing footprint in India, looks to deepen local sourcingEmbraer is set to enhance its local production and sourcing capabilities in India, aligning with initiatives like 'Make in India' and Aatma...
- Tata emerges lowest bidder for Rs 20,000-crore Project Zorawar light tank; Mahindra to also develop prototypeTata Advanced Systems Ltd has emerged as the lowest bidder in the Army's prestigious Project Zorawar defence contract. This major initiativ...
- Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
- ISRO’s ‘Bahubali’ draws big industry interest as L&T, Adani, others eye rocket technologyLarsen & Toubro, JSW, Adani Group and Mahindra are among companies considering bids to manufacture and operate ISRO’s LVM3 heavy-lift rocke...
- Nifty mega caps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his Flexicap fund beyond largecapsMutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum sh...
- Meta’s Sandhya Devanathan to join OpenAI; IT stocks rallyMeta’s India and South East Asia head Sandhya Devanathan is departing after 10 years to join OpenAI. This and more in today’s ETtech Top 5.
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 20% in one year, as per analystsWhen the stock market is hit by a mix of head and tail winds, it is probably the right time to look at stocks from sectors witnessing struc...
- Defence Ministry floats Rs 1 lakh crore tender for transport aircraftIndia's defence ministry has embarked on a pivotal initiative to procure new military transport aircraft, with an investment of around one ...
- Mahindra incorporates step-down subsidiary Novavayu Aerospace for aircraft manufacturingMahindra Group has established Novavayu Aerospace Ltd as a new subsidiary. This entity will focus on manufacturing aircraft and aerospace p...
- Indian Army to get 1,300 'Made in India' specialist vehicles"The induction of vehicles is planned to be completed in four years. The Light Specialist Vehicle is a modern fighting vehicle and will be ...
- M&M appoints SP Shukla as President of Mahindra Defence SystemThe $15.9 billion, Mahindra Group on Wednesday announced that S.P. Shukla will head Mahindra Defence Systems, a wholly owned subsidiary of ...
- Mahindra & Mahindra to acquire 26% stake in defence JV with BAE SystemsIn DLSI, Mahindra Defence Systems - a part of the M&M group -- has 74 per cent stakes while the global defence major had thee remaining 26%.
- Mahindra & Mahindra targeting $18 bn revenue from supply of defence equipmentMahindra & Mahindra is looking to develop infantry combat vehicles and artillery systems under its product portfolio expansion plans.
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