Aerospace

Meesho vs Aequs vs Vidya Wires IPO: Which one should you bet on?

Analysts remain largely positive on Meesho IPO and Vidya Wires IPO, citing strong growth prospects and operational efficiency, while views on Aequs IPO are cautious

Aequs IPO opens Dec 3: Know key strengths, risks before you invest

Aequs IPO will be offered at a price band of ₹118 to ₹124 per share and a lot size of 120 shares

Aequs IPO opens Dec 3; sets price band at ₹118-124: Check key details here

Aequs aims to raise ₹921.81 crore through a combination of fresh issue of 54 million shares worth ₹670 crore and an offer for sale of 20.3 million shares worth ₹251.81 crore

Arctus Aerospace raises $2.6 mn to build high-altitude, unmanned aircraft

Arctus Aerospace has secured $2.6 million in pre-seed funding to build long-endurance, high-altitude unmanned aircraft aimed at delivering affordable, real-time, high-resolution Earth intelligence

Jeh Aerospace opens next-gen manufacturing hub as global orders surge

Jeh Aerospace has launched its next-generation Mach 2 manufacturing hub in Hyderabad, expanding capacity nearly fourfold and embedding AI, autonomous machining and digital-twin systems

GE Aerospace to invest $14 million in its Pune manufacturing facility

GE Aerospace will invest USD 14 million to expand the capacity of its manufacturing facility in Pune, taking the total investment announced in less than two years for the 10-year-old site to USD 44 million. The components made at the facility are used for GE90, GEnx, GE9X and LEAP engines. CFM, an equal joint venture between GE and Safran, manufactures the LEAP engines. In a release on Thursday, the company announced it will invest USD 14 million in the Pune manufacturing facility and added that the investment builds upon the USD 30 million announced last year. "The new investment will strengthen the site's capabilities through upgraded manufacturing processes and automation, including enhancements that support advanced engine components," the release said. At current exchange rate, USD 14 million investment is worth around Rs 124 crore. A network of more than 300 suppliers serves the Pune facility, and across India GE Aerospace has over 2,200 suppliers. "Over the past 10 years,

Rajasthan government's aerospace and defence policy to come out soon

The policy will aim at making Rajasthan a leading hub in India's aerospace and defence value chain by creating a strong ecosystem for advanced manufacturing, research and industry-friendly incentives

Karnataka to set up 5 world-class aerospace, defence parks: Dy CM Shivkumar

Shivkumar said the initiative aims to strengthen Karnataka's leadership in aerospace and defence manufacturing while creating new opportunities for skilled talent

Godrej delivers first human-rate L110 stage Vikas engine to Isro

Godrej's aerospace business on Thursday announced that it has delivered the first human-rated L110 stage Vikas engine to the Indian Space Research Organisation (ISRO) for the Gaganyaan project. The first uncrewed test flight under the Gaganyaan project is planned for early next year and ISRO plans to send first Indian astronauts on a home-built rocket to orbit the Earth in 2027. "This achievement reaffirms our long-standing partnership with ISRO and Liquid Propulsion Systems Centre (LPSC), and showcases our capability to deliver mission-critical technology that strengthens India's leadership in space exploration," Maneck Behramkamdin, Executive Vice President and Business Head, Godrej Enterprises Group's Aerospace business, said in a statement. Godrej has been contributing to India's space programme for more than four decades by supplying high-precision engines and components for landmark missions, including Chandrayaan and NISAR. The Gaganyaan mission will use the human-rated LVM-

Rossell Techsys' Board to raise ₹300 crore via QIP, other instruments

Aerospace and defence engineering solutions provider Rossell Techsys on Monday said its Board has approved a proposal to raise up to Rs 300 crore through various instruments, including QIP, to fuel its next phase of growth. Rossell Techsys said it anticipates growth opportunities in its existing operations and continues to evaluate avenues for organic expansion. Rossell Techsys Limited's Board of Directors has approved a fundraise of up to Rs 300 crores. The capital will be raised through the issuance and allotment of fully paid-up equity shares and/or other eligible securities, including through a Qualified Institutions Placement (QIP), in accordance with applicable law, the company said in a statement. It has already initiated a postal ballot seeking shareholder approval, with e-voting scheduled from November 4 to December 3. "This capital infusion will support the company's growth and capability expansion plans and strengthen our financial position, enabling us to continue build

HAL's R&D capabilities set for a boost with new manual, global benchmarks

HAL's new R&D manual to be unveiled Monday; Rs 17,000 crore in internal funds already earmarked for R&D investment over the next few years

Why did Unimech Aerospace share zoom 5% on Muhurat 2025 trading? Details

At 1:48 PM, Unimech Aerospace share price was trading 3.13 per cent higher at 970.15 per share. By comparison, BSE Sensex was trading 0.29 per cent higher at 84,607.02 levels.

BEML, Kineco partner to develop advanced composites for defence, aerospace

State-owned BEML has partnered with Kineco Ltd to work in the field of advanced composite manufacturing for defence and aerospace applications. The Memorandum of Understanding (MoU) was exchanged in the presence of BEML CMD Shantanu Roy, and Shekhar Sardessai, Founder and CMD, Kineco Limited, along with senior officials from both organisations in the national capital. As part of the collaboration, BEML and Kineco will jointly engage in the development and manufacturing of carbon fibre reinforced polymer (CFRP) structures, glass fibre reinforced polymer (GFRP) panels and components, honeycomb cores, foams, and bonding consumables for metallic detail parts. These advanced materials are integral to next-generation aerospace and defence systems, offering lightweight strength, enhanced durability, and superior performance. "By integrating Kineco's composite manufacturing expertise with BEML's engineering excellence, we aim to create world-class solutions that reinforce India's pursuit o

TASE Global acquires US aerospace firm Joined Alloys for Rs 106 crore

The Chennai-based aerospace and precision engineering firm expands its North American footprint with the acquisition of Arizona-based Joined Alloys

Raymond Group to invest ₹1,000 crore in aerospace, auto units in Andhra

The projects in Andhra Pradesh's Anantapur district will create 5,400 jobs and receive Rs 695 crore in incentives as Raymond expands its aerospace and auto footprint

Mukul Agrawal portfolio: PTC Industries stock soars 9%, nears record high

PTC Industries has rallied 25% in the last one month; the Aatmanirbhar Bharat initiative, coupled with increased budgetary allocations and higher indigenisation targets bodes well for the company.

Goldman Sachs turns bullish on India's aerospace, defense sector

Among individual stocks, Solar Industries, Bharat Electronics, Data Patterns and PTC Industries are Goldman Sachs' top buy ideas, while Bharat Dynamics has been rated Sell'.

Tamil Nadu to host global aerospace and defence meet in Chennai in Oct

Tamil Nadu will host Aerospace and Defence Meetings in Chennai from October 7 to 9 as part of its Defence Industrial Corridor plan to attract investments and boost domestic manufacturing

GE Aerospace bets on AI, sees big success finding talent in India

Working on innovative aircraft engine technologies, GE Aerospace is using artificial intelligence to explore design space much more efficiently and ensure improved predictability for maintenance of engines, according to a senior company official. And the 25-year-old John F Welch Technology Centre (JFWTC) in Bengaluru, one of the company's largest integrated multi-disciplinary research and development centres outside the US, is a key contributor in the aerospace major's innovative and sustainable solutions. As Alok Nanda, Chief Technology Officer of GE Aerospace in India, puts it, all the engines launched or certified by GE since the inception of this centre have an imprint from the team in Bengaluru, and the company had "great success with finding talent in India". The team has more than 1,000 aviation technology patents to its credit, besides contributions to the design, development, and certification of CFM LEAP, GEnx, and GE9X engines that power wide-body and narrow-body commerci