IndianWeb2

JS Auto Cast Foundry India Pvt. Ltd. (JSA), 100% wholly owned step- down subsidiary of Bharat Forge Ltd and a leading supplier of critical ferrous castings for industrial and automotive applications, has successfully raised equity of Rs. 300 crores from Premji Invest (PI) by way of primary infusion into the company. PI will hold 23% stake on a fully diluted basis post the infusion. 𝗥𝗲𝗮𝗱» https://lnkd.in/g9naAcNu #manufacturing #casting

SpaceX has officially acquired Elon Musk’s AI startup xAI in a record-setting $250 billion deal, making SpaceX the world’s most valuable private company at a $1 trillion valuation.🔗https://lnkd.in/gYUnDsYu #merger #spacetech #aiinspsce #spacex #space #xai

Ajit Doval's visit was undertaken on the direct instructions of Prime Minister Narendra Modi, and aimed at examining whether the back-to-back mission failures had any #NationalSecurity implications, including the possibility of sabotage. 𝗙𝘂𝗹𝗹 𝗥𝗲𝗮𝗱» https://lnkd.in/gBcXpRsT #spacetech #isro #pslv #Doval #isromissions

Equirus InnovateX Fund (EIF), an early-stage venture fund backing next-generation enterprise and infrastructure technologies, has participated in the seed round of Neverinstall, a Cloud PC platform enabling enterprises to stream any application to any device directly through a web browser. 𝗥𝗲𝗮𝗱» https://lnkd.in/gXz8iUau #startups #funding #cloudpc #vdi

Air India Limited, India’s leading global airline, announced the conversion of 15 of its current orders for Airbus A321neo aircraft to the advanced Airbus A321XLR (Extra Long Range) variant. 𝗥𝗲𝗮𝗱» https://lnkd.in/gw9nFah5 #airindia #aviation #a321xlr #airbus

Luminous Power Technologies (P) Ltd, India’s leading consumer energy fulfillment company, has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. 𝗥𝗲𝗮𝗱» https://lnkd.in/gpBCpYiy https://lnkd.in/gpBCpYiy #Lithium #batterytech #makeinindia #manufacturing #himachal

Raana Semiconductors Private Limited, a Tamil Nadu-based deep-tech startup, has raised $3 million in a seed funding round led by Equirus Innovatex Fund and Artha Venture Fund, with participation from IvyCap Ventures, PointOne Capital, CIIE Initiative (IIMA Ventures), and angel investor Garimella Laxminarayana. 𝗥𝗲𝗮𝗱» https://lnkd.in/gf2iSHZb #semiconductor #funding ##startups #deeptech

Mahindra University and the Indian Institute of Technology Hyderabad (IITH) have entered into a strategic Memorandum of Understanding (MoU) to establish a long-term partnership in research, education, training, and innovation, with a strong emphasis on Critical Minerals, Sustainable Mining, and Advanced industrial processes. 𝗥𝗲𝗮𝗱» https://lnkd.in/gYyCsj7Z #aiinmining #startups #industry40

The #UnionBudget 2026-27 has allocated a record ₹7.85 lakh crore (≈ $85.6 billion) to the Ministry of Defence, making it the single largest component of Government of India (GoI) spending and accounting for 14.68% of the total budget. 𝙍𝙚𝙖𝙙» https://lnkd.in/gqYuT_9c #budget #budget2026 #defence #military

Vertiv, a global leader in critical digital infrastructure, announced the launch of Vertiv™ Next Predict, an AI-powered managed service that fundamentally transforms data center maintenance. 𝙍𝙚𝙖𝙙» https://lnkd.in/gKCbzKmn #datacentre #aifactory #vertiv