Mumbai, July 27 (IANS) Integrated chemical manufacturer Epigral Limited on Monday reported a 37.9 per cent decline in its consolidated net profit to Rs 99.7 crore for the first quarter of FY27, compared with Rs 160.7 crore in the corresponding quarter of the previous financial year (Q1 FY26).The company’s revenue from operations, however, increased 16.3 per cent year-on-year to Rs 705.4 crore during the April-June quarter, up from Rs 606.5 crore a year earlier, according to its stock exchange fi…
Latest Aerospace News & Updates
New Delhi, July 23 (IANS) India on Thursday achieved a major milestone in indigenous aero-engine technology with the successful development of the country’s first expendable turbojet engine in the 350 kg thrust class, designed by the Defence Research and Development Organisation’s (DRDO) Gas Turbine Research Establishment (GTRE).According to the Ministry of Defence, the engine was successfully realised and delivered to GTRE by Hyderabad-based Azad Engineering on July 22, marking a significant st…
Los Angeles, July 23 (IANS) India’s newest diplomatic mission in the United States is positioning itself as a gateway for expanding trade, technology, investment and people-to-people ties across the American Pacific Southwest, with Indian Consul General in Los Angeles Dr K.J. Srinivasa saying the region offers “tremendous opportunities and potential” for the growing India-US partnership. Less than a year after opening its doors, the Consulate General of India in Los Angeles has begun evolving be…
Mumbai, July 20 (IANS) The recently concluded India-United Kingdom Free Trade Agreement (FTA) is a landmark development that is expected to provide a major boost to Indian businesses across sectors, with benefits extending from large corporations to micro, small and medium enterprises (MSMEs), an industry body said on Monday.Speaking exclusively to IANS, Indian Merchants’ Chamber (IMC) President Prof. Mahendra Kumar Chouhan described the agreement as a “historic step” that would strengthen India…
Hyderabad, July 8 (IANS) Canada’s High Commissioner to India Chris Cooter met Telangana Chief Minister A. Revanth Reddy here on Wednesday and discussed strengthening Canada–Telangana trade, investment, and innovation partnerships. The discussions highlighted opportunities for enhanced collaboration in major infrastructure and urban development projects underway in Telangana, including the Musi River Development Project, Hyderabad Metro Rail expansion, and the proposed Future City initiative….
New Delhi, July 7 (IANS) Quebec is looking to deepen its economic engagement with India by expanding cooperation in artificial intelligence (AI), aerospace, education and clean technologies, while encouraging greater two-way investment and business partnerships, according to a minister from the Canadian province.Speaking to IANS, Christopher Skeete, Quebec’s Minister of International Relations and La Francophonie, has said the province is focused on diversifying its economy and building long-t…
Kolkata, July 2 (IANS) Researchers at Hyderabad’s International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), an autonomous institute of the Department of Science and Technology (DST), have come up with a crack-free bi-metallic structure developed by researchers using a technique called laser-based powder bed fusion additive that can help reduce the overall use of expensive superalloys and import dependency. Stainless steels and nickel-based super alloys are widely use…
Vadodara, June 30 (IANS) Four defence companies on Tuesday signed memoranda of understanding (MoUs) worth a combined Rs 2,550 crore to invest in Gujarat’s defence sector during a seminar on ‘Atmanirbhar Bharat in Aerospace and Defence’ held as part of the second day of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat in Vadodara. The agreements were signed in the presence of Union Defence Minister Rajnath Singh at Gujarat State Fertilisers and Chemicals (GSFC) University, where…
New Delhi, June 30 (IANS) Drones are set to remain among the fastest‑growing segments within India’s defence ecosystem, with the tactical drone procurement opportunity rising from Rs 30‑35 billion in the previous procurement cycle to nearly Rs 120‑140 billion, a report said on Tuesday.India’s defence sector is entering a structural, multi-year growth cycle driven by indigenisation, increasing defence capital expenditure, rising exports and accelerated adoption of advanced technologies, t…
Washington, June 30 (IANS) US President Donald Trump is personally backing efforts to deepen commercial ties with India, including a new Boeing deal that is close to completion, US Ambassador to India Sergio Gor said.Speaking at the US-India Strategic Partnership Forum (USISPF) Leadership Summit, Gor said Boeing featured prominently in discussions between President Trump and Prime Minister Narendra Modi and remained an important component of the broader economic relationship.”We care about Boein…