Business

Ahmedabad, Feb 2026 : Adani Defence & Aerospace on Tuesday announced a strategic partnership with Italian aerospace major Leonardo to develop, manufacture and sustain a comprehensive helicopter manufacturing ecosystem in India, marking a significant step toward strengthening the country’s indigenous defence capabilities. The two companies signed a Memorandum of Understanding (MoU) aimed at establishing a fully integrated helicopter production framework in India. Describing the collaboration as a landmark initiative, the partners said it would address the rapidly growing requirements of…

Media Registration Open for the Summit; Last Date to Apply: 8th February 2026 The India AI Impact Summit, scheduled to be held in New Delhi from February 16-20, 2026, is anticipated to be the largest of the four global AI summits hosted to date, reflecting the growing international momentum around responsible, inclusive and impact-driven Artificial Intelligence. The Summit, that has attracted unprecedented interest from the global community with over 35,000 registrations, received ahead of the event, will prioritise the translation of…

Collaboration will strengthen cyber security frameworks and forensic reliability in National Highway operations and digital platforms To strengthen digital security and data protection, Indian Highways Management Company Limited (IHMCL), a company promoted by NHAI signed a Memorandum of Understanding (MoU) with the National Forensic Sciences University (NFSU), a Government of India Institution of National Importance headquartered in Gandhinagar, Gujarat to foster collaboration in the fields of research, training and consultancy, particularly in cyber forensics, digital evidence integrity and advanced technological…

Steel Authority of India Limited (SAIL), a Maharatna CPSE has signed Memorandum of Understanding (MoU) with Rail India Technical and Economic Service (RITES) , a Navratna CPSE to strengthen logistics and operational efficiency at plants and mines of SAIL. SAIL runs a dedicated mini rail network within its plants and mines premises to ensure seamless transportation of inbound raw materials, in-process transfers and outbound finished products. The effective maintenance of its diesel locomotive fleet, supplemented by wet leased locos, is…

Hyderabad, Jan 2026 : India’s civil aviation sector is heading toward an unprecedented phase of growth, with global aircraft manufacturer Airbus projecting that the country’s commercial aircraft fleet will triple over the next decade. According to Airbus, India’s fleet of commercial aircraft with more than 100 seats is expected to grow to around 2,250 planes by 2035, positioning the country as the world’s third-largest aviation market. The projection was shared by Jurgen Westermeier, President and Managing Director of Airbus India…

Highest Ever Nine Months Profit After Tax, Disbursements & Sanctions Of ₹12,920 Crore, ₹1,65,458 Crore & ₹3,33,354 Crore Respectively Delhi, January 2026: The Board of Directors of REC Limited, today approved the limited reviewed standalone and consolidated financial results for the quarter and period ended December 31, 2025. Operational and Financial Highlights: 9M FY26 vs 9M FY25 (Standalone) – Net Profit: ₹12,920 crore Vs ₹11,477 crore, up by 13% – Net interest income: ₹15,677 crore Vs ₹14,191 crore, up by 10%…

Mumbai; January 2026: The Indian rupee is expected to open on the lower mode today, on weak Asia risk and flow pressures, with traders saying the central bank remains a key backstop to prevent a move past the 92 level. The one-month non-deliverable forward showed the rupee remains vulnerable to a break past 92-per-dollar level, with the currency likely to open at in between Rs. 91.90, and Rs. 91.96. The rupee had hit an all-time low of 91.9850 yesterday, pressured…

New Delhi; January 2026: India’s state-run Bharat Petroleum Corporation Limited (BPCL) will set up a trading desk in Singapore from February 2026 fecilitating its expansion while dealings in crude oil, liquefied natural gas, and refined fuels, its Chairman, Sanjay Khanna, said on Thursday (29th January 2026). He said the company will initially delve with 05 employees in Singapore. “Our team will identify opportunities for us and can help other companies as well if required”, Khanna told reporters at the India…

Thrissur; January 2026: Indian gold-loan financier Manappuram Finance (MNFL.NS), opens new tab reported a third-quarter profit drop on Thursday, as a slowdown in its struggling microfinance segment and higher financing costs weighed. The Thrissur, Kerala-based company’s consolidated net profit fell 14.5% year-on-year to 2.41 billion rupees ($26.21 million) for the quarter ended December 31st. The lender has faced higher default rates on microfinance loans, which are collateral-free small loans to borrowers, after a period of aggressive lending in the segment.…

India’s Energy Demand Expected to Double by 2050 as Oil & Gas Expected to Remain Central to Global Energy Mix India is projected to be the largest contributor to global oil demand growth till 2050, according to the World Oil Outlook 2025 presented by Dr. Abderrezak Benyoucef, Head, Energy Studies Department, Research Division, Organization of the Petroleum Exporting Countries (OPEC), at India Energy Week 2026 being organised in Goa from 27th to 30th January 2026. Presenting OPEC’s flagship long-term outlook on the Resilience Stage…