Mahanagar Gas Limited (MGL) is making a bold move into India’s lithium-ion cell manufacturing industry, partnering with California-based International Battery Company, Inc. (IBC US). Through a Share Subscription Agreement (SSA) and Shareholding Agreement (SHA) signed on November 7, 2024, MGL will secure a 40% stake in International Battery Company India Private Limited (IBC India), a […]
DCX Systems Limited, an Indian electronics manufacturer, has seen a dramatic surge in its share prices after its subsidiary, Raneal Advanced Systems Private Limited, secured a coveted industrial licence to manufacture defence electronic equipment. This licence, granted by the Cochin Special Economic Zone, allows the company to produce cutting-edge missile submodules, avionics, and radar systems, […]
Dixon Technologies, a key player in India’s IT hardware manufacturing sector, has signed a Memorandum of Understanding (MoU) with HP India Sales Private Ltd. through its subsidiary, Padget Electronics Private Ltd. This agreement is part of the Indian government’s Production Linked Incentive (PLI) Scheme 2.0 for IT hardware. Under the deal, Padget Electronics will manufacture […]
Pernod Ricard India, a major player in the Indian spirits and wine market, has announced a bold plan to triple its revenue over the next decade, focusing on premiumization and innovation. The company recently introduced two new premium whiskies—Royal Stag Double Dark Peaty Whisky and Blenders Pride Four Elements Premium Whisky—as part of this strategic […]
Netweb Technologies India Limited, a front-runner in India’s High-End Computing Solutions (HCS) sector, revealed its first-quarter financial results for FY25, showcasing remarkable growth and strategic expansions. The announcement came after a board meeting on July 20, 2024, where the unaudited financial results were officially recorded. The company reported a total income of ₹1,532 million in […]
Nazara Publishing, a division of Nazara Technologies—India’s sole publicly listed gaming company—has announced a significant publishing partnership with nCore Games for the release of FAU-G: Domination. This latest installment in the FAU-G franchise is anticipated to build on the success of its predecessor, which amassed up to 50 million downloads. Pre-registrations for FAU-G: Domination are […]
Wipro 3D and Nikon SLM Solutions have entered into a strategic partnership, poised to transform the Additive Manufacturing sector in India. The alliance integrates Wipro 3D’s robust infrastructure and profound technical expertise with Nikon SLM Solutions’ cutting-edge selective laser melting technology. Together, they aim to enhance the quality of Additive Manufacturing services and streamline manufacturing […]
Hilton Metal Forging Ltd., a key player in the forging industry, has taken a significant step towards self-reliance in the Indian railway sector with the launch of its new product: Wagon Axles for Railway Wagons. Traditionally dependent on imports, this development under the “Make In India” and “AtmaNirbhar Bharat” initiatives is set to conserve foreign […]
Netweb Technologies India Limited, a leader in high-end computing, unveiled its latest state-of-the-art, Made-in-India server range today. The new servers, designed to support the latest 4th Gen AMD EPYC processors, are available in several models including 1U, 2U, 4U configurations, and workstations, catering to a variety of high-performance computing needs across key industries. These advanced […]
In a major advancement of its military capabilities, the Indian Air Force (IAF) has successfully tested the ROCKS missile, an air-launched ballistic missile that can strike targets more than 250 kilometers away. This test was conducted last week from a Su-30 MKI fighter jet over the Andaman and Nicobar Islands, an area under the jurisdiction […]