NSIL and French Firm Join Forces for Satellites
India and France have announced a strategic partnership to explore the global satellite launch market, using their respective heavy-lift launch vehicles, LVM-3 and Ariane-6. The MoU was signed during French President Emmanuel Macron’s visit to India, highlighting the deepening space collaboration between the two nations. Background NewSpace India Limited (NSIL) is the commercial arm of […]
DTDC Expands to Malaysia, Boosts Southeast Asia Presence
DTDC, India’s leading integrated express logistics company, through its subsidiary DTDC Global Express PTE Ltd, has entered the Malaysian market by inaugurating a new office in Kuala Lumpur. The move expands DTDC’s presence in Southeast Asia, adding to its existing locations in Singapore and Australia. Malaysia: A Strategic Market for DTDC Malaysia shares a healthy […]
L&T Secures Order for Dubai Solar Plant
Larsen and Toubro (L&T), India’s leading engineering and construction company, has announced that its renewable engineering, procurement, and construction (EPC) arm has been chosen as the turnkey contractor to establish a 1800MWac solar photovoltaic plant in Dubai, the United Arab Emirates . Project details The project is the sixth phase of the Mohammed bin Rashid […]
GAIL and Adnoc Sign Gas Agreement
GAIL (India) Ltd, the country’s largest gas company, has signed a long-term LNG purchase agreement with Abu Dhabi National Oil Company (ADNOC) Gas for around 0.5 million tonnes per annum (MMTPA) of liquefied natural gas (LNG), the Indian firm said in a statement on January 29, 2024. This is the second long-term LNG deal that […]
responsAbility’s $25M Investment in BluSmart’s EV Expansion
responsAbility, a Switzerland-headquartered impact fund, has announced that it will invest up to USD 25 million on behalf of its investors in BluSmart, India’s leading EV ride-hailing service and EV charging infrastructure network. This investment is part of responsAbility’s broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia. BluSmart, […]
Airbus-Tata Helicopter Deal Sealed in Macron’s Visit
Airbus and Tata Group have signed a pact to set up India’s first helicopter final assembly line (FAL) in the private sector for the H125 civil helicopter. The deal was announced during the two-day visit of French President Emmanuel Macron to India as Chief Guest at the Republic Day celebrations on January 26. Details of […]
India-France Sign Defence Space Agreement
India and France have signed a landmark agreement to jointly develop and launch military satellites with both offensive and defensive capabilities. The agreement was one of the key outcomes of French President Emmanuel Macron’s visit to India as the chief guest for the 75th Republic Day celebrations. Defence Industrial Roadmap Apart from the defence space […]
ACME and IHI Ink Green Ammonia Supply Deal
ACME Group, a leader in renewable energy in India, and Japan’s IHI Corporation, have signed a term sheet to supply 0.4 million metric tonnes per annum (MMTPA) of green ammonia from Odisha, India, to Japan. This agreement, a significant step towards reducing global greenhouse gas emissions, is expected to offset 54 million tons of CO2 […]
Reliance Jio and OnePlus Establish 5G Lab in India
Reliance Jio, India’s largest telecom operator, has partnered with OnePlus, a premium smartphone maker, to establish a 5G Innovation Lab in India. The lab will serve as a hub for testing and developing new technologies that will unlock the full potential of 5G technology in India. Jio True 5G Network Jio claims that its True […]
Glenmark, Jiangsu Alphamab, 3D Medicines Sign Cancer Drug Pact
Glenmark Pharmaceuticals Ltd., a leading Indian drugmaker, has secured an exclusive license to develop and commercialize a novel cancer drug in several emerging markets. The drug, known as Envafolimab or KN035, is a subcutaneous injection of PD-L1 antibody that can be administered at home or in outpatient settings. Envafolimab is being developed by Jiangsu Alphamab […]