Gujarat MSMEs Seek Rs 3.36 Bn Relief After Heavy Rain Losses

Covestro Joins KOLLEKT Circular Automotive Research Project

Covestro has joined the KOLLEKT research project, a three-year initiative focused on developing recyclable automotive lighting, mechatronic and electronic components through circular product design and advanced recycling technologies.The project brings together FORVIA HELLA as coordinator alongside BMW, Covestro, Geba, Fraunhofer IEM, Fraunhofer UMSICHT, the University of Paderborn, Hamm-Lippstadt University of Applied Sciences, Helmholtz-Zentrum Dresden-Rossendorf and SW Maschinenservice.Running from June 2026 to May 2029, KOLLEKT is funded by the German Federal Ministry for Research, Technol..

Dreamfly Innovations Wins Nasscom Emerge 50 Recognition

Dreamfly Innovations, a next-generation drone battery solutions provider, has been recognised as a Nasscom Emerge 50 winner in the Climate Tech and Sustainability category.The recognition highlights the company’s work in developing advanced battery technologies aimed at enabling safer, cleaner and more efficient drone and aviation operations.The Nasscom Emerge 50 programme recognises technology startups developing innovative solutions to real-world challenges through research and engineering. The recognition also reflects the growing role of deep-tech startups in India’s innovation ecosyst..

Capacit'e Infraprojects Q1 Revenue Rises 7% to Rs 6.29 Billion

Capacit'e Infraprojects reported a 7% year-on-year increase in consolidated revenue from operations to Rs 6.29 billion in Q1 FY27, compared with Rs 5.89 billion in Q1 FY26.The company said revenue growth during the quarter was affected by a shortage of workmen during the first half of the period.EBITDA stood at Rs 0.99 billion, down 3% from Rs 1.02 billion in Q1 FY26, while EBITDA margin moderated to 15.7% from 17.2%. EBIT declined 8% to Rs 0.80 billion, with an EBIT margin of 12.5%.Profit after tax stood at Rs 0.40 billion compared with Rs 0.47 billion in the corresponding quarter of the prev..