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October 20, 2025

Dev Information Technology Limited has announced a strategic move to raise ₹68.18 crore through the issuance of 1.5 crore convertible warrants. The company’s Board of Directors approved the preferential allotment to Aeroflex Enterprises Limited, a non-promoter entity, marking a key step in bolstering its financial position and supporting…

October 20, 2025

Lucknow-based PTC Industries Limited has signed a landmark agreement with Bharat Dynamics Limited (BDL) to create a joint venture (JV) focused on advanced propulsion systems for missiles, UAVs, and loitering munitions. This partnership underscores India’s ongoing push for self-reliance in defence manufacturing under the ‘Make in India’ initiative.…

October 20, 2025

The Ministry of Mines has introduced amendments to the Mineral (Auction) Rules, 2015, aimed at fast-tracking the operationalisation of auctioned mineral blocks. The reforms, effective October 17, 2025, establish clear milestones, time-bound incentives, and penalties to encourage timely production and discourage delays by successful bidders. Clear Milestones for…

October 20, 2025

Brazilian President Luiz Inácio Lula da Silva has announced plans to forge a strategic alliance with India, aiming to enhance trade, technology cooperation, and bilateral economic ties. The initiative targets US$20 billion in trade within five years, reflecting ambitions to strengthen both nations’ economic growth. Brazil-India Trade Ambitions…