While the world spent 70 years building supply routes that could provide efficient models such as Just-in-Time delivery and asset-light business models, the West Asia crisis has broken that to a degree where companies are now looking to get shipments “anyhow, anytime”, according to Yuvraj Narayan, Group Chief Executive Officer of DP World — a […]

K. A. Shabir, chief executive officer of Funskool India | Photo Credit: The Hindu Funskool India is targeting turnover of over ₹400 crore in FY27, banking on international partnerships and manufacturing expansion, even as India’s toy industry grapples with dependence on China for specialised tooling and electronic components. The company expects to close FY27 with […]

Hyderabad-based GMR Aero Technic has signed an MoU with Canada-based Corporation Logic Air Inc. to collaborate on aircraft modification, engineering, certification and solutions to address component obsolescence for customers in India and international markets. | Photo Credit: Special Arrangement Navigation and operational upgrades for Boeing 737 Next Generation (737NG) aircraft, along with engine indication system […]

A view of The Guild’s rocket development and testing facility set up in Tirupati district BY ARRANGEMENT | Photo Credit: BY ARRANGEMENT Ethereal Exploration Guild (The Guild), a Bengaluru-based private space technology company, on Friday unveiled The Anchorage, a 150-acre rocket development and testing facility in Space City, about 40 km from the Satish Dhawan […]

The Asian Development Bank (ADB) and the Government of Japan have signed financing agreements with AM Green Ammonia (India) to help build one of the world’s largest plants to make ammonia using renewable energy in India. The investment includes a $100 million loan from the leading Asia’s Private Infrastructure Fund 2, financed by the Japan […]

Image for representational purposes only. Photo: BISWARANJAN ROUT | Photo Credit: BISWARANJAN ROUT India’s crude oil import bill surged 47% year-on-year (YoY) to $15.4 billion in September, amid resurging conflict in West Asia, according to provisional government data. Data from the Petroleum Planning and Analysis Cell (PPAC) showed that crude oil imports rose 7% YoY […]

Beam. Muse Spark Open. Nemotron 3.5 Super VL. Nemotron 3.5 Bolt 74B-A9B. Timestral. These may sound like characters from a science-fiction franchise. They are, in fact, names of open-weight AI models announced or released by technology companies in the United States and Europe in October. Reflection AI released Beam’s weights on October 16. Meta released […]

HDSC said that, excluding treasury performance, profit after tax showed a growth of 12.6% year-on-year. File. | Photo Credit: Reuters HDFC Bank on Saturday (October 17, 2026) reported a 5.55% rise in consolidated net profit to ₹20,700 crore in the September quarter from ₹19,611 crore in the year-ago period. On a standalone basis, net profit […]

Non-interest income of Yes Bank increased by 14.4% to ₹1,882 crore in the July-September quarter from ₹1,644 crore a year ago. File | Photo Credit: Reuters Private sector lender Yes Bank on Saturday (October 17, 2026) reported a 63.2% rise in consolidated net profit to ₹1,084.08 crore in the second quarter of the financial year […]

Interest income of Central Bank of India rose to ₹10,357 crore in the September quarter of FY27 from ₹8,743 crore in the year-ago period. File | Photo Credit: The Hindu Central Bank of India on Saturday (October 17, 2026) reported a 21% rise in net profit to ₹1,469 crore for the second quarter ended September […]