TATA ADVANCED SYSTEMS
Stock market update: Nifty IT index advances 0.04%
The Nifty IT index closed 0.04 per cent up at 37314.35.
Stock market update: Nifty IT index advances 0.09%
The Nifty IT index closed 0.09 per cent up at 36157.5.
Stock market update: Nifty IT index advances 0.05% in an upbeat market
The Nifty IT index was trading 0.05 per cent up at 36140.0.
Hunt on for mule bank accounts; Tata Digital pause on funding
The government is working with the central bank to catch mule accounts in India’s banking system and prevent fraud. This and more in today’s ETtech Morning Dispatch.
Stock market update: Nifty IT index advances 0.03%
The Nifty IT index closed 0.03 per cent up at 34936.45.
Made in India Netra, Pinaka Systems attract European, Southeast Asian interest
The AEWC is a system developed by the Centre for Airborne Systems and two of their aircraft are already flying with the Indian Air Force giving wide coverage of the adversaries' activities along both western and northern front of the country. The Indian forces are going to get 12 more of these airborne systems in different configurations.
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Stock market update: Nifty IT index advances 0.36%
The Nifty IT index closed 0.36 per cent up at 34927.1.
India to hold trials in Spain for P-75 India submarine project by June-end
The Indian Navy is set to conduct trials in Spain for critical equipment under Project 75 India, aiming to acquire six advanced submarines with Air Independent Propulsion (AIP) systems. Spanish shipyard Navantia's Chairman, Ricardo Dominguez Garcia-Baquero, highlighted Spain's commitment to the project, including swift export clearance and technological transfer. Navantia, partnered with L&T, offers the S80 submarine design, meeting most P75(I) requirements without redesign. The trials will showcase Navantia's AIP technology, essential for India's strategic self-reliance in submarine capabilities.
Bengaluru Airport launches India's first biometric-enabled self-bag drop facility
DigiYatra passengers using the self-bag drop at Bengaluru airport can select the 'scan your face biometric for baggage drop' option. They will then be prompted to choose the 'DigiYatra' icon to proceed. The machine will instruct the passenger to look directly into the camera to capture their biometric image. It will then generate the passenger's flight details and prompt them to declare any dangerous goods they might be carrying.
Delhi's discoms relying on advanced-technology transformers to ensure uninterrupted power supply
Delhi's power distribution companies (discoms) rely on advanced technology transformers to meet peak demand amid scorching temperatures. BSES and TPDDL utilize transformers designed to operate efficiently even in extreme heat, ensuring uninterrupted power supply. With remote monitoring and cooling systems, these transformers withstand Delhi's environmental challenges, preventing outages.
Now India can hope to have its own SpaceX and Blue Origin
Elon Musk's SpaceX and Jeff Bezos' Blue Origin lead the global space industry discourse. From reusable rockets to space tourism, these companies drive innovation in the space sector.
India's defence capabilities boosted under Modi government, relying on imports only for immediate needs: NITI Aayog member VK Saraswat
India has significantly enhanced its defense capabilities over the past decade, with a focus on indigenous manufacturing and reducing reliance on arms imports. VK Saraswat, a member of NITI Aayog and former chief of the DRDO, highlighted that 60% of India's arms and ammunition are now domestically produced, with major corporations like Adani, Tata, and L&T contributing to radar systems and gun manufacturing. Saraswat also assured that India's power capacity is sufficient to meet its needs, minimizing the risk of significant power cuts. Companies like Hindustan Aeronautics (HAL) and Bharat Electronics are poised to benefit from these trends.
Tata Motors launches Tata Ace EV 1000 mini truck
Tata Motors launched the Ace EV 1000 mini-truck for last-mile mobility with a 1-tonne payload and 161km range. It features advanced technology like the EVOGEN powertrain, robust aggregates, and a 7-year battery warranty.
Shot by shot, Indian military is getting atmanirbhar
The government aims to increase India's annual defense production to nearly three times its current level, reaching Rs 3 lakh crore by 2028-29. Additionally, the target for defense exports is set to more than double, reaching Rs 50,000 crore compared to the current Rs 21,083 crore. For the fiscal year 2024-25, the goal is to achieve a total annual defense production worth Rs 1,75,000 crore, including exports valued at Rs 35,000 crore.
IAF takes delivery of second C295 transport aircraft
The Indian Air Force (IAF) received the second of 56 Airbus C295 aircraft to replace its ageing Avro-748 fleet. The aircraft, part of a Rs 21,935 crore acquisition deal formalized in September 2021, will be produced in Spain and Gujarat's Vadodara under India's 'Make in India' Aerospace program. The first India-made C295 is expected to roll out in September 2026. The C295MW aircraft features modern technology and will replace the Avro aircraft, offering capabilities for quick reaction and paradropping of troops and cargo.
Tata's military-grade satellite successfully placed into orbit
Built by Tata Advanced Systems Ltd (TASL) at its Vemagal facility in Karnataka, the TSAT-1A was onboard the Bandwagon-1 mission launched by SpaceX's Falcon 9 rocket in Florida.
Sub-metre optical satellite assembled, tested in India deployed into space: TASL
Tata Advanced Systems Limited launched TSAT-1A satellite from Kennedy Space Center, offering high-resolution optical images. The satellite, with multispectral and hyperspectral capabilities, was assembled in India and deployed via SpaceX's Falcon 9 rocket.
Electric cars under 20 lakh in India: Here's a look at your top options
This article highlights five electric cars priced under Rs 20 lakhs that are gaining popularity in the Indian market. It discusses the key features and benefits of each car, emphasizing the growing trend towards eco-friendly and technologically advanced vehicles in India.
Paytm shares rebound; Tata builds India’s first spy satellite
Troubled fintech major Paytm has seen a rebound in its stock, which jumped over 10% in the last two trading sessions. This and more in today’s ETtech Top 5.
Air India & Tata Advanced Systems to invest Rs 2,300 cr in Karnataka
Air India and Tata Advanced Systems are set to invest Rs 2,300 crore in Karnataka, potentially creating 1,650 jobs. Air India plans to establish a maintenance, repair & overhaul (MRO) facility in Bengaluru with a Rs 1,300 crore investment, aiming to make it the MRO hub in south India, generating 1,200 jobs. Tata Advanced Systems proposes three projects with a total investment of Rs 1,030 crore
Tata Group companies sign up with Karnataka for investments of Rs 2,300 crore
While Air India has proposed a Rs 1,300 crore maintenance, repair & overhaul (MRO) facility, Tata Advanced Systems has planned three projects with an investment of Rs 1,030 crore, including a passenger-to-freighter aircraft conversion facility, a gun manufacturing facility and aerospace and defence research and development.
Airbus A220 doors will be Made in India
Bengaluru-based Dynamatic Technologies and Airbus signed a deal for Dynamatic to produce all door variants for Airbus A220 planes, marking the largest contract given by Airbus to any Indian supplier. The agreement covers cargo, passenger, and service doors, supporting the A220 program's ramp-up.
Dynamatic Tech to manufacture doors for Airbus' A220 aircraft
Bengaluru-based Dynamatic Technologies has secured a contract from Airbus for manufacturing all doors for its A220 family of aircraft, marking one of the largest export contracts for an Indian aerospace manufacturing company. The deal was announced at a ceremony attended by Civil Aviation Minister Jyotiraditya Scindia, who emphasized the increasing manufacturing of aircraft components in India.
Airbus, Tata to jointly produce H125 single-engine helicopters for commercial use
Airbus and the Tata Group have sealed a deal to jointly manufacture the European aviation major’s H125 single-engine helicopters for commercial purposes in Gujarat's Vadodara. They will also manufacture the H130 helicopter, which is widely used for sightseeing, VIP duties, medical airlift, and surveillance missions. The deal will be announced on Friday, coinciding with the visit of French President Emmanuel Macron for the 25th-anniversary celebration of the India-France Strategic Partnership.
Airbus signs pact with Tata Advanced Systems, Mahindra Aerospace Structures for aircraft components
Today, every Airbus commercial aircraft has components and technologies made in India, including the A220 Escape Hatch Door and the Flap Track Beams for the A320neo and A330neo aircraft. Currently, the company's procurement of components and services stands at about USD 750 million every year, and the latest round of contracts will add significantly to this, Airbus said.
Tata Technologies to invest $1.8 bln in Telangana state
The investment from the unit of Tata Motors is the second commitment to the Telangana government in two days after the Adani Group announced a $1.49 billion investment on Wednesday. Indian states have received a slew of pledges for investment from companies including Maruti Suzuki in the past week at business events such as the Vibrant Gujarat Global Summit and the World Economic Forum.
Make first, design next: Banmali Agrawala, new chairman of Tata Advanced Systems
Speaking at the Global Investors Meet (GIM) in Chennai, Banmali Agrawala, who is the chairman of the aerospace and defence solutions unit of Tata Sons said semiconductor fabrication was necessary, despite being capital intensive.
Tata betting big on high-resolution imagery satellites for military
The Bengaluru-based Tata facility will manufacture sub-metre resolution satellites and will have a ground station that can control their movement and process imagery required by the armed forces to monitor infrastructure or acquire military targets.
Spain ready to supply more C295 transport aircraft to India: Envoy
Spain's Ambassador to India confirms readiness to provide more C295 defence aircraft, emphasizing Spain's interest in bolstering ties with India across defence, tech, and infrastructure. The partnership includes Airbus delivering 16 aircraft by 2025, while Tata Advanced Systems will manufacture 40 in India. Navantia seeks a submarine contract, and Spain eyes contributing to India's high-speed train development through Talgo. The 'Spain-India Forum' highlighted collaboration potentials across various sectors, underscoring Spain's role as India's gateway to Latin America.
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