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INVESTMENT IN AEROSPACE
Karnataka clears Rs 6,253 crore projects in aerospace, food processing, IT, renewable energyThe Karnataka government has green-lit eighty-three industrial projects that amount to an impressive six thousand two hundred fifty-three c...
Andhra CM Naidu-led SIPB approves Rs 2.08 lakh crore investment proposals for 25 projectsThe State Investment Promotion Board approved over two lakh crore rupees in investments. Twenty-five new projects were approved, which will...
Lufthansa Technik eyes Bengaluru for expansion; Karnataka minister pitches state’s aerospace ecosystemIndustries minister MB Patil said this after meeting a delegation led by Marcel Pastuska, CEO, Lufthansa Technik Services India (Bengaluru)...
Lufthansa Technik eyes Bengaluru for expansion; Patil pitches state’s aerospace ecosystemBengaluru is under consideration by Lufthansa Technik for an expansion of its aircraft maintenance capabilities. Recently, representatives ...
HAL Q1 Results: Net profit rises 15% YoY to Rs 1,590 crore, revenue up 14%HAL Shares Q1 Results : Hindustan Aeronautics reported an impressive fifteen percent increase in net profit for the first quarter, showcasi...
Silicon Valley’s South Park Commons bullish on India's deeptech spaceAditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusive interaction that the firm is see...
Vietnam's VinSpace signs deal with Elon Musk's SpaceX to launch its first satellites in 2027VinSpace will launch its satellites on a SpaceX Transporter rideshare mission run by Elon Musk's company, which carries satellites from mul...
Sigma Advanced Systems raises Rs 460 crore via preferential allotmentSigma Advanced Systems secured Rs 460 crore through preferential allotment for expansion. Spark Capital led the fundraising, placing funds ...
Aum Ventures marks first close of Rs 750 crore deeptech fund at Rs 225 croreAum Ventures has closed its second India Innovation Fund at Rs 225 crore. This new fund targets early-stage companies in advanced technolog...
Adani Group 'lying brazenly' to stock exchanges: Mahua Moitra over group's alleged airline plansA purported June 4 letter from Adani Airports to the Airports Authority of India (AAI) seeks a waiver that would allow Adani Defence & Aero...
Jungle Ventures lifts India allocation to 70%, directs new bets to AI, manufacturingFounded by Amit Anand and Anurag Srivastava in 2012 with a $10-million debut fund, Jungle typically prefers main funds of about $400 millio...
L&T Innovation Fund to offer deeptech market access beyond capitalSushma Kaushik, head of the L&T Innovation Fund, told ET that L&T’s business leaders have themselves started scouting startups, a shift fro...
Defence stocks: Time to change strategy? 18 stocks with downside and upside potential from minus 26% to plus 26%When a stock remains in the red for several months, investors naturally begin questioning the investment. Imagine a shipbuilder remaining w...
Pentagon to invest $400 million in Australian rare earth mine scandiumA remote Australian town will become a cornerstone of Western scandium supply. The United States Pentagon has pledged a $400 million loan c...
Karnataka eyes fresh US investments with October roadshowKarnataka will organise an investment roadshow in the US in October to attract fresh investments and invite American companies to the Globa...
Centum Electronics to invest Rs 500 crore in Karnataka: MB PatilCentum Electronics will invest five hundred crore rupees in Karnataka. A new aerospace and defence electronics manufacturing facility will ...
Indo MIM shares surge 10%, extend gains to 82% over issue price. Should investors book profits?Indo-MIM's shares skyrocketed by 82%, surpassing their original IPO price, with robust interest from investors and a firm market position. ...
Investors on a new mission: Funding spacetech startupsIndia's growing space sector is making strides in essential mission technologies and components. With investor interest surging in startups...
JSW Group plans to invest Rs 1.2 lakh crore in Karnataka over 5 years: MB PatilJSW Group plans a significant Rs 1.2 lakh crore investment in Karnataka over five years. The state is also discussing investments with abou...
Lohia Aerospace to invest up to $10 million in India’s first large-format 3D composite tooling facilityLohia Aerospace Systems plans to invest extensively in India's inaugural large-format additive manufacturing facility located in Kanpur. Th...