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In a monumental milestone for India’s commercial space sector, Skyroot Aerospace successfully completed its first orbital launch as the Vikram-1 rocket placed its payloads precisely into Low Earth Orbit. The critical mission, aptly named Mission Aagaman, lifted off from the historic Satish Dhawan Space Centre in Sriharikota following a brief planned technical hold. The multi-stage vehicle, towering nearly seven storeys tall, functioned flawlessly across all four propulsion stages to deliver a textbook launch and subsequent deployment sequence on its very first try. The successful flight marks the first time an Indian private aerospace enterprise has independently developed and flown an…

Shyam Metalics and Energy Ltd. has commenced commercial production at its aluminium foil manufacturing facility in Sambalpur, Odisha, marking a key milestone in its expansion into value-added downstream aluminium products. The company is investing around ₹800 crore in the aluminium facilities, with its Aluminium Flat Rolled Products (FRP) plant scheduled to begin commercial operations by the end of September 2026. The newly commissioned aluminium foil unit, operated by SMEL Steel Structural Pvt. Ltd., has an installed capacity of 18,000 tonnes per annum (TPA) and will manufacture premium-grade foils ranging from 6 to 40 microns in thickness. The upcoming FRP facility…

JSW MG Motor India has strengthened its long-term electric mobility strategy with the unveiling of MG ADAPT (Advance Drive Architecture Platform Technology), India's first Multi New Energy Vehicle (NEV) platform designed to support Electric Vehicles (EVs), Hybrid Electric Vehicles (HEVs), Plug-in Hybrid Electric Vehicles (PHEVs) and Range Extender Electric Vehicles (REEVs) on a single intelligent architecture. The company also announced plans to introduce one EV and one PHEV built on the platform by FY 2026-27, expanding its future-ready product pipeline. Developed as a modular architecture, MG ADAPT integrates a dedicated hybrid engine, a dedicated battery system, India's first 10-in-1 Intelligent…

Global healthcare technology company Medtronic and Apollo Hospitals have partnered to establish an advanced 11-bed Intensive Care Unit (ICU) at Apollo Hospitals, Jubilee Hills, Hyderabad, aimed at strengthening critical care infrastructure and accelerating healthcare innovation. Branded as the “ICU of the Future,” the facility integrates Medtronic’s Acute Care & Monitoring (ACM) technologies and is expected to serve as a real-world clinical innovation hub for the company’s research and development initiatives. The Memorandum of Understanding (MoU) was signed by Dr. Sangita Reddy, Joint Managing Director, Apollo Hospitals Group, Manpreet Singh, Chief Executive Officer, Apollo HealthAxis, and Mandeep Singh Kumar, Managing Director…

JSW Steel has reported a strong financial performance for the first quarter of the financial year 2026-27, with its consolidated net profit more than doubling year-on-year to ₹4,696 crore. The company had posted a net profit of ₹2,209 crore in the same quarter last year. The steel major’s revenue from operations increased by 9.8 per cent to ₹47,364 crore during the quarter ended June 30, 2026, compared with ₹43,147 crore in the corresponding period a year earlier. The company’s total income also rose by 10.6 per cent to ₹48,088 crore. Profit before tax witnessed a significant rise of 100.5 per…

In a bid to resolve their long-standing corporate standoff, Tata Sons and the Shapoorji Pallonji (SP) Group have initiated fresh discussions to explore a potential share-swap arrangement. This deal aims to help the debt-laden SP Group monetise an estimated 7% of its 18.37% holding in Tata Sons, the unlisted holding company of the massive Tata conglomerate. Under the proposed structure, the SP Group would exchange its unlisted Tata Sons shares for a basket of liquid, publicly listed Tata group equities. This arrangement offers a crucial liquidity route for the Mistry family-led group to address its pressing ₹60,000 crore debt burden,…