Centre Pushes Faster PSP Development At Pinnapuram Meeting
GSV, DRDO Partner To Develop New Defence Tech Solutions
Gati Shakti Vishwavidyalaya (GSV) and the Defence Research and Development Organisation (DRDO) have signed a Memorandum of Understanding in New Delhi on 17 November 2025 in the presence of Dr Samir V. Kamat, Chairman of DRDO and Secretary of Defence R&D. The partnership aims to develop smart technological solutions to enhance national security. Dr Kamat stated that the collaboration is expected to support the development of technological solutions for the deployment aspects of indigenous defence systems. Under the MoU, both organisations will undertake joint studies and research in areas suc..
PVV Infra To Build Rs6.5 Billion Solar Cell Plant In Andhra Pradesh
PVV Infra Ltd., a company engaged in solar rooftop installations, has signed a Memorandum of Understanding with the Andhra Pradesh Economic Development Board to establish a solar cells manufacturing facility in the State. The project represents an investment of Rs6.5 billion. The new manufacturing unit will be set up in Visakhapatnam, near the airport, on a 30-acre industrial site within the region’s solar cells manufacturing cluster. According to the company, the development is expected to generate around 350 direct jobs and more than 450 indirect jobs. PVV Infra stated that it will draw ..
Aviation Losses To Hit Rs95–105 Billion In FY26: Icra
India’s domestic aviation industry is expected to see its net losses almost double to Rs95–105 billion in FY26 as slowing passenger growth and rising costs linked to new aircraft deliveries weigh on carriers, according to a report by Icra released on Tuesday. Although the rating agency has maintained a stable outlook and projects 4–6 per cent domestic passenger growth for FY26, it noted that the sector’s financial performance will remain under pressure. Icra estimates the industry’s net loss will widen from roughly Rs55 billion in FY25 due to moderating demand and higher capital and..
