The Ministry of Defence has signed contracts worth ₹1,577 crore with TATA Advanced Systems Ltd and NIBE Pvt Ltd for the procurement of Loiter Munition Systems, along with munitions and accessories, for the Indian Army. The system is developed to enhance the operational capabilities of the Artillery Regiments.
According to the 'Brand Finance India 100 Report 2026', Tata Group is ranked as the most valuable brand in India for the 10th consecutive year, with a brand value of $33.6 billion. It is followed by Infosys and LIC Group.
Adani Group is ranked 8th in the list, becoming the fastest company to enter India's 'Top 10 Most Valuable Brands'. Suzlon Energy is the fastest-growing Indian brand in 2026, while Taj Hotels is ranked as India's strongest brand for the 5th consecutive year.
The Union Cabinet has approved 'Semicon 2.0' with a total outlay of ₹1.27 lakh crore to holistically develop the semiconductor design and manufacturing ecosystem in India.
The scheme is structured around 6 key pillars: Design, Machines and materials, setting up more fabs, strengthening the Assembly, Testing, Marking, and Packaging (ATMP) and Outsourced Semiconductor Assembly and Test (OSAT) industry, Research & Development (R&D), and Talent development.
To date, the government has approved 12 semiconductor manufacturing units with a cumulative investment of over ₹1.64 lakh crore. Additionally, 24 semiconductor design projects from start-ups and Micro, Small and Medium Enterprises (MSMEs) have been approved for financial support, and 105 entities have been granted access to industry-standard Electronic Design Automation (EDA) tools.
The 5th edition of the "Burgundy Private Hurun India 500" report, a collaboration between Axis Bank's Burgundy Private and Hurun India, values the 500 most valuable non-state-run companies in India at $3.4 trillion.
Reliance Industries Ltd is the most valuable company in India, followed by HDFC Bank and Bharti Airtel. The Tata Group is the leading conglomerate, with 14 companies valued at ₹24.9 lakh crore. Bharti Airtel is the top wealth creator over a 5-year period, adding ₹7.64 trillion in value.
The National Stock Exchange (NSE) is the most valuable unlisted firm in India, with a valuation of ₹4.86 lakh crore. The report also featured 5 Indian Premier League (IPL) franchises as new entrants, with Kolkata Knight Riders (KKR) ranked as the most valuable franchise at ₹20,850 crore, followed by Chennai Super Kings, Royal Challengers Bengaluru, Rajasthan Royals, and Punjab Kings.
Tata Advanced Systems Ltd (TASL) and Airbus SE have successfully completed the first test flight of India’s first domestically manufactured Airbus C295 military transport aircraft from the Final Assembly Line in Vadodara, Gujarat.
This marks India’s first large-scale private-sector military aircraft programme, executed under a Ministry of Defence contract worth ₹21,935 crore. The contract involves the supply of 56 C295 aircraft to the Indian Air Force, with deliveries scheduled between 2026 and 2031.
This initiative aims to modernise the transport fleet of the IAF by replacing the ageing Avro-748 fleet and phasing out the Antonov An-32 aircraft.
India has issued a Letter of Request (LoR) to France for a government-to-government (G2G) deal worth ₹3.25 lakh crore to procure 114 Rafale fighter jets for the Indian Air Force (IAF).
Under this agreement, 94 of these aircraft will be manufactured in India by Dassault Aviation in collaboration with an Indian partner. The first Rafale-M jets are expected to be delivered by 2028.
R Mukundan has been elected as the President of the Confederation of Indian Industry (CII) for the 2026-27 term. He succeeds Rajiv Memani.
It is to be noted that the newly constituted National Council of the CII has also appointed Suchitra Ella as the President-Designate and Shashwat Goenka as the Vice President for the same term.
The Ministry of Commerce and Industry (MoC&I) has notified the establishment of the first semiconductor fabrication plant in India as a Special Economic Zone (SEZ) in Dholera, Gujarat.
The project is developed by Tata Semiconductor Manufacturing Pvt Ltd (TSMPL), a subsidiary of the Tata Group, with a total investment of ₹91,000 crore. The SEZ, spanning 66.166 hectares (ha), aims to strengthen the domestic semiconductor ecosystem and the national import substitution strategy.