Himanshu Thakur

DRDO, IAF successfully test BVR air-to-air missile Astra from Su-30 Mk-I

The launch platform was a Su-30 MKI fighter jet operating from the Odisha coast. The ministry stated that two rounds were fired at unmanned aerial targets set at different distances and approach angle

Asian Paints divests entire stake in Akzo Nobel India for ₹734 crore

The transaction, executed via the bulk deal mechanism at ₹3,651 per share, fetched Asian Paints approximately ₹734 crore

Emmvee Photovoltaic Power files DRHP with Sebi to raise ₹3,000 cr via IPO

The IPO includes a ₹2,143.86-cr fresh issue and ₹856.14-cr OFS; proceeds will go toward debt repayment, working capital and general corporate purposes

Bharat Forge acquires AAM India Manufacturing for ₹746.46 crore

Pune-based Bharat Forge acquired AAM India Manufacturing at an equity value of ₹746.46 crore. The acquired company has ₹189.48 crore cash on its books

Adani group acquires 85% stake in MRO firm Air Works for ₹400 crore

The acquisition is part of Adani Group's plans to expand in the aircraft services and maintenance, repair, and overhaul segment

Kalpataru Projects receives orders in T&D segment worth ₹989 crore

The company operates as an Engineering, Procurement, and Construction (EPC) entity in the power T&D and civil infrastructure sectors

Hindustan Zinc contributes ₹18,963 cr to govt exchequer in FY25, shows data

The FY25 contribution of ₹18,963 crore by Hindustan Zinc included ₹4,154 crore in government royalties, ₹3,619 crore as corporate dividend to the government, ₹5,963 crore in indirect taxes

Hitachi Energy gets order for 30 765 kV transformers from Power Grid Corp

These ultra-high voltage alternating current (UHV AC) transformers are capable of handling power equivalent to the average consumption of 30 mn households

Govt to set up electronics manufacturing cluster worth ₹417 cr in Noida

The cluster will be developed by YEIDA over 200 acres and aims to attract ₹2,500 crore in investments while generating 15,000 jobs with plug-and-play infra for MSMEs and startups

Hindalco Industries to acquire US-based AluChem for $125 million

Hindalco to acquire 100% equity in US-based specialty alumina maker AluChem for $125 million through Aditya Holdings LLC, aiming to double global alumina capacity by FY30

Cargo ship carrying over 3,000 vehicles sinks in Pacific Ocean after fire

Salvage firm Resolve Marine confirmed the EV fire-damaged Morning Midas sank in deep international waters; all 22 crew were rescued, and pollution monitoring is ongoing

Cochin Shipyard receives cruise vessel order from Antara River Cruises

Cochin Shipyard subsidiary to construct two inland luxury cruise vessels for Antara River Cruises, marking India's first deployment under IV Rules 2022 on the Brahmaputra River

Putin meets Iranian Foreign Minister in Moscow, condemns US strikes

Putin met Iran's Foreign Minister Abbas Araghchi in Moscow, denounced US airstrikes on Iran's nuclear sites as unjustified, and reaffirmed Russia's diplomatic and nuclear cooperation with Tehran

EPFO adds 1.91 mn in April; youth, rejoiners, women boost numbers

Net additions under EPFO rose by 1.17 per cent in April 2025 over a year ago, driven by new youth subscribers, rejoining members and growing female participation

Air India to reroute international flights amid tensions in West Asia

Air India will avoid parts of Persian Gulf in addition to Iran, Iraq and Israel, with some routes to Europe and North America likely to see longer travel times

Tata Elxsi, Infineon partner to develop application-ready EV solutions

The partnership also plans to explore electric Vertical Take-Off and Landing (eVTOL), energy, and off-highway applications

Arisinfra Solutions' IPO receives 24% subscription on day 1 of offer

The retail investor segment was subscribed 1.04 times on the first day, while non-institutional investor participation stood at 19 per cent of the allocated quota

Jio Financial acquires SBI's full stake in JPBL for ₹104.54 crore

Prior to this stake acquisition, Jio Financial already held an 82.17 per cent stake in JPBL, with SBI owning the remaining 79.08 million shares (17.83 per cent)

Vi, AST SpaceMobile tie-up to offer direct-to-device satellite connectivity

US-based AST SpaceMobile develops satellites that deliver 4G and 5G connectivity directly to standard smartphones without the need for any other equipment

Bihar Cabinet decisions: 6 new airports, MSP for chana, pulses, and more

Airports in six districts, MSP for chana, masoor and mustard, hotel on Patliputra Ashok land, SAP contract renewal, and river replenishment study among key decisions