In a ground breaking development, TATA Group has inked an agreement to acquire Wistron’s India entity – Wistron InfoComm Manufacturing (India) Pvt Ltd. This strategic move positions TATA Group as the first Indian company to undertake the local manufacturing of Apple iPhones. The Bangalore-based facility is now under TATA’s ownership, pending necessary regulatory approvals.The acquisition marks a

Indian conglomerate JSW Group enters defence sector with new business vertical, JSW Defence, focusing on domestic and overseas markets. JSW Defence aims to supply equipment to Indian Armed Forces, become a global player, and contribute to India’s ambition of being a USD 5 billion defence export economy.JSW Defence acquires majority stake in Gecko Motors, renamed as JSW Gecko, and secures ₹250

Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly ₹4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC).In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the inducted products are in the last

by Girish LingannaOn February 1, Union Finance Minister Nirmala Sitharaman will be presenting not the final Union Budget, but an interim one, since the Lok Sabha elections in the country are scheduled to be held in April/ May this year. Sitharaman was unequivocal that there will be no ‘big announcements’ this time around, meaning that this year’s Budget will be passed only as an end to meet

New Delhi: External Affairs Minister, S Jaishankar, met with his French counterpart, Stephane Sejourne and held a discussion on a range of regional and global issues.The meeting, held in the spirit of the enduring India-France strategic partnership, focused on key matters pertinent to both nations."Great to meet with French FM @steph_sejourne. A good discussion on regional and global issues,

NEW DELHI: Demonstrating cutting-edge military technology, approaching the saluting dais in the sky is Rudra formation of the Indian Army Aviation Corps. Next was the Amrit formation of six Jaguar aircrafts flying past over the water channel north of Kartavya Path in ‘Arrow-head’ formation.The Indian Air Force (IAF) on Friday conducted a fly-past with advanced light helicopters comprising of one