Cummins India Limited reported broadly stable revenue and an increase in profit for the quarter ended 31 December 2025, reflecting resilient domestic demand and improved operational efficiency despite sequential pressure on exports. The results underline the company’s ability to sustain profitability amid mixed market conditions. Total standalone sales for the quarter stood at INR 30.06 […]
Swan Defence and Heavy Industries Limited approved a long-term refinancing facility and reviewed its financial performance for the quarter and nine months ended 31 December 2025 at a board meeting held on 4 February 2026. The board also approved the constitution of a risk management committee. The board approved the availing of a rupee term […]
Wipro Limited announced on 04 February 2026 that it has joined the Massachusetts Institute of Technology’s Industrial Liaison Program (MIT ILP), a platform that connects industry participants with MIT’s faculty, research infrastructure, and innovation ecosystem to address emerging technology challenges. The development marks an expansion of Wipro’s engagement with academic research aimed at accelerating applied […]
Ashok Leyland Limited has signed a memorandum of understanding (MoU) with PT Pindad (Persero) to jointly develop electric buses and defence vehicles for the Indonesian market. The agreement was signed on 4 February 2026 at PT Pindad’s headquarters in Bandung, Indonesia, and is aimed at addressing Indonesia’s requirements in sustainable public transport and defence mobility. […]
India is advancing a coordinated strategy to develop domestic capabilities in rare earth permanent magnets through a combination of regional infrastructure planning and targeted fiscal incentives announced alongside the Union Budget 2026–27. The measures are aimed at reducing import dependence in critical materials and supporting manufacturing growth in electric mobility, renewable energy, electronics, aerospace, and […]
Yantra India Limited has been granted Miniratna Category-I status following approval by the Ministry of Defence, a move that expands the company’s financial and operational autonomy and allows it to undertake larger capital expenditure without prior government clearance. The decision strengthens the firm’s ability to invest in new projects, modernisation, and capacity expansion within India’s […]
Sagar Defence Engineering Private Limited announced a strategic investment in EndureAir Systems Pvt. Ltd. on 3 February 2026, marking a move to strengthen domestic capabilities in unmanned and autonomous aerial systems. The investment is aimed at advancing indigenous design and deployment of aerial robotics for defence and strategic applications. Sagar Defence Engineering Private Limited focuses […]
Simplex Castings Limited said it has secured a fabrication order valued at INR 225 million from Gaja Engineering Private Limited, strengthening its domestic order book and adding to its portfolio of large-scale structural fabrication projects. The order involves fabrication and blasting of structural components and is scheduled to be executed within 24 months from the […]
Accurate Metrology & Automation Company has opened a new facility and Innovation Center in Pune, marking an expansion of its local infrastructure and the formal start of its sales partnership with LK Metrology in India. The centre is intended to support customer engagement, demonstrations and technical activities related to dimensional metrology systems. The Pune Innovation […]
LMW Limited reported stronger momentum in its Machine Tool Division during the third quarter of FY26, with capacity utilisation at around 75 percent, even as its core textile machinery business remained under pressure. The company said demand for machining centres, particularly for electronics and precision manufacturing applications, is emerging as a key growth driver and […]
