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Brahmos gets another customer: One of Middle East's biggest arms importers and top US weapons buyer eyes India's BrahMos and Akashteer systemsIndia and the UAE are in early-stage discussions for the potential sale of Indian defence platforms, including the supersonic BrahMos missi...
Next ECMS tranche likely in August, to target rare earths, componentsGovernment officials anticipate announcing the next wave of Electronic Component Manufacturing Scheme (ECMS) beneficiaries next month. The ...
Madhusudan Kela-backed firm picks stake in SME stock Yash Highvoltage via preferential issueYash Highvoltage shares surged after ace investor Madhusudan Kela's firm bought nearly 14,000 shares. The company's board approved a prefer...
Kunal Shah heads to Meta; New-age IPO playbookHappy Tuesday! Kunal Shah has taken over as WhatsApp's chief, while Meta backs Cred in a major funding deal. This and more in today’s ETtec...
US notifies sale of support services for India's Apache helicopters, M777A2 howitzersThe US has formally approved a significant military support package for India, including sustainment services for its Apache attack helicop...
Scanning cancer, up close & personal: A revolution is underway in cancer diagnosisA gene-based test called next-generation sequencing can identify precise mutations, which can then be treated with targeted therapies. Sinc...
Carlyle eyes $1 billion raise via auto, healthcare IPOsPrivate equity giant Carlyle is gearing up for significant IPOs in India, planning a $500 million listing for its automotive platform, High...
Scientists discover a hidden underground lake that may be the largest on EarthLargest underground lake on Earth: Scientists have unearthed a colossal underground thermal lake, dubbed Lake Neuron, in southern Albania's...
Plan in the works to let hospitals import med equipment directlyIndia's drug regulator is proposing to allow hospitals to directly import advanced medical equipment like MRI and CT scanners, bypassing cu...
India tests it heaviest 120mm mortar system 'Garudastra', check range, firing rate, drone integration and key featuresPrivate sector firm Nibe limited demonstrated a 120mm vehicle-mounted system to Indian Army at Madhya Pradesh. This advanced weapon offers ...
SMPP, KNDS forge India partnership for next-generation loitering munitionsIndian defence firm SMPP and European giant KNDS have teamed up to manufacture advanced loitering munitions in India. This collaboration ai...
JBM Auto secures Rs 750 crore investment for e-bus deploymentJBM Auto's unit has secured a significant Rs 750 crore long-term investment from Motilal Oswal to deploy 2,000 e-buses and bolster India's ...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
LIC won’t sell stake in NSE IPO OFS, betting on exchange's long-term potentialLife Insurance Corporation of India will not sell its stake in the National Stock Exchange's IPO. LIC holds a significant 10.7% stake in NS...
Jeh Aerospace signs multi-year manufacturing pact with Solestra for dedicated unit in HyderabadHyderabad's Jeh Aerospace is partnering with North America's Solestra Group to establish a dedicated manufacturing center. This Global Manu...
Nibe showcases capabilities of its 120mm vehicle-mounted mortar 'Garudastra' to Indian ArmyNibe Limited showcased its Garudastra mortar system. The advanced weapon demonstrated rapid shoot-and-scoot maneuvers. It fired multiple ro...
HAL, Tata, L&T among 10 firms in race for Rs 30,000 crore defence drone dealAround ten Indian companies have submitted bids for a major defence project. The Defence Ministry is acquiring 87 Medium-Altitude Long-Rang...
Liotech Industries Rs 36-cr IPO to open on WednesdayLiotech Industries is launching its Rs 36 crore initial public offering on June 17. The bidding will be open until June 19. Shares are expe...
IPO-bound Zetwerk’s FY26 operating revenue rises to Rs 15,900 crore: CrisilIPO-bound Zetwerk anticipates a rise in operating income to Rs 15,900 crore in FY26, driven by strategic exits from non-core segments and r...
China's Ministry of State Security warns 'spy turtles' are fishing for sea secretsForeign spies are fitting turtles and fish with sensors to create underwater maps of China's coastline, Beijing warned Friday in apparent r...