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October 30, 2024

Tata-Airbus venture a big boost to indigenous defence production

In a path-breaking milestone for India's aerospace and defence (A&D) industry, Prime Minister Narendra Modi and Spanish President Pedro Sánchez Pérez-Castejón inaugurated on Monday the Final Assembly Line (FAL) complex, which will build Airbus C-295 tactical transport aircraft for the Indian Air Force (IAF) in Vadodara, Gujarat. This is the first time India's Ministry of Defence (MoD) has entrusted a private firm to carry out the entire final assembly of a military aircraft.

The defence vertical of the Tata group, Tata Advanced Systems Ltd (TASL), is partnering Airbus Defence and Space in this pioneering "Make in India" project. It is slated to initially deliver 16 C-295 aircraft, fully built in Seville, Spain, followed by the assembly of 40 more at the Vadodara facility. The first Made-in-India aircraft is expected in September 2026.

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Business Standard

Maharashtra overtakes Tamil Nadu in NITI's 2024 export preparedness index

Maharashtra has pipped Tamil Nadu in NITI Aayog’s latest Export Preparedness Index (EPI) for 2024.

time to read

2 mins

January 15, 2026

Business Standard

Business Standard

Greenland to be largest US land acquisition, if Trump has his way

In the 19th century, the young United States (US) grew in leaps and bounds.

time to read

2 mins

January 15, 2026

Business Standard

Harvard sees 31% drop in Indian students enrolment

Indian student enrolment at Harvard University declined 31% in the fall of 2025, at a time when overall foreign enrolment at the Ivy League school rose despite sustained pressure from the Trump administration

time to read

1 min

January 15, 2026

Business Standard

Business Standard

Kashi-Tamil Sangamam and a tribute to 'Ek Bharat, Shreshtha Bharat'

‘A few days ago, I was in the sacred land of Somnath to be part of the Somnath Swabhiman Parv, marking 1,000 years since the first attack on Somnath, which took place in 1026.

time to read

4 mins

January 15, 2026

Business Standard

Amid mixed outlook for markets, BAFs may help stabilise portfolios

Balanced advantage funds (BAFs), also known as dynamic asset allocation (DAA) funds, are suited for volatile and uncertain markets as they provide some equity participation while containing downside risk.

time to read

2 mins

January 15, 2026

Business Standard

Metal stocks extend rally on price, policy cues

Vedanta, Hindustan Zinc lead as commodity prices climb

time to read

3 mins

January 15, 2026

Business Standard

US auto firms hesitant to acquire parts from Indian manufacturers

Acma says tariff impact may become evident in H2FY26

time to read

2 mins

January 15, 2026

Business Standard

2025 best year for Indian cinema since pandemic

Indian box-office collections touched around ₹ 13,397 crore in 2025, up 13 per cent from the previous year.

time to read

2 mins

January 15, 2026

Business Standard

Infosys Q3 profit took 2.2% hit on new Labour Codes

Peers TCS and HCLTech were also impacted in a similar manner.

time to read

2 mins

January 15, 2026

Business Standard

Business Standard

RBI mandates auto transfer of unresolved plaints to internal ombudsman

Final decision must be communicated within 30 days

time to read

2 mins

January 15, 2026

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