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PRIVATE SECTOR DEFENCE PRODUCTION
Steptrade’s pre-IPO fund secures Rs 100 crore in first closeSteptrade Capital has raised over Rs 100 crore in the first close of its Rs 500 crore Chanakya Opportunities Fund II. The Category II AIF w...
India's private space startups gear up for commercial push after Skyroot's historic Vikram-1 successSkyroot Aerospace's orbital success fuels India's private space sector expansion. Startups are accelerating plans for commercial rocket and...
Skyroot Aerospace to undertake maiden orbital launch of Vikram-1: PMPrime Minister Narendra Modi announced Skyroot Aerospace's upcoming Vikram-1 launch. This mission marks India's first privately developed o...
Big boost for Atmanirbhar Bharat! After Skyroot's success, another private firm announces breakthrough in indigenous fighter jet engine technologyPaninian India has unveiled its Yantur 4.5 kN turbofan engine programme. This initiative aims to develop India's first privately built comp...
Spacetech unicorn Skyroot launches Vikram-1, marks India's first private orbital rocket missionThe mission, named Aagaman, lifted off from the First Launch Pad at the Satish Dhawan Space Centre (SDSC-SHAR) in Sriharikota at 12:05 noon...
Skyroot crashes an elite party with Vikram-1. Next comes a big prizeSkyroot Aerospace's successful Vikram-1 mission marks India's entry into the global commercial launch market through a private company. Bey...
Zero tolerance against terrorism is not merely statement for India, but a Line of Action: RajnathIndia is becoming a credible global security partner due to increased indigenous defence production. Defence Minister Rajnath Singh highlig...
PM Modi congratulates Skyroot after private rocket reaches orbit: ‘You have planted new seeds in the sky’In a phone conversation following the launch, Modi told founder Pawan Chandana and the Skyroot team that they had “planted new seeds in the...
PTC Industries bags two-year BrahMos missile subsystem orderPTC Industries has secured a two-year order from BrahMos Aerospace. This order involves developing and integrating a strategic missile subs...
Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
India's space sector takes off as private rocket readies launchIndia has sent spacecraft to Mars and the Moon, put hundreds of satellites into orbit and will in the coming days launch its first privatel...
Indian spacetech industry shoots for the starsPrivate companies are reshaping India's space ambitions, building rockets and satellites as the country pushes to capture a bigger share of...
Corporate demand resilient amid new opportunities opened up by FTAs, says Ficci chiefIndian companies have seen firm demand despite inflationary pressures, and global crude oil moderation and improving economic conditions ha...
India floats stratospheric airship project, invites private playersIndia is developing indigenous stratospheric airships for persistent surveillance missions. The Air Ship-based High Altitude Pseudo Satelli...
India's capex cycle to strengthen as investments seen rising to $2.2 tn by FY30: Morgan StanleyIndia's capital expenditure is projected to rise significantly by FY2030. Private sector investment is expected to accelerate, driven by do...
Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
Premier Explosives rises 4% on Apollo Micro Systems deal buzzApollo Micro Systems gained 1% and Premier Explosives climbed 4% after ET reported that Apollo is nearing a Rs 2,300-2,500 crore deal to ac...