Korean DN Solutions Opens First India Plant In Bengaluru

🔹 Leading machine tool maker inaugurates 25-acre facility in Karnataka's ITIR Industrial Area; full Phase-1 investment of ₹600 crore (∼$62 mn) deployed
🔹 First overseas manufacturing investment since Yantai, China plant in 2003; not a relocation but new capacity creation for India
🔹 Facility to house manufacturing, R&D, technical centre & after-sales; initially SVM vertical machining & LYNX/LEO turning centres, five-axis machines later #MakeinIndia

🔗 The Hindu

India sends second flight carrying 37.5 tonnes of HADR material, Medicines & Food packets for Nepal. #IndianSubcontinent

HAL, Safran Seal Final Deal For Aravalli Engine

🔹 JV SAFHAL to design, develop, make & support 3,500-4,000 shp turboshaft
🔹 To power 13-tonne IMRH & naval DBMRH, replacing Mi-17s
🔹 First co-development in this power class for Safran; self-reliance push
🔹 Production & R&D across India & France; lifecycle support included
#Defence #MakeinIndia

🔗 Economic times

India annouces 18th BRICS Summit, to take place on 12-13th Sept in New Delhi

#Geopolitics

178 Indians and a total of 644 people are missing after the Flash Flood in Nepal.

China state media says more than 550 people missing in Tibet after the massive mudslide.

#IndianSubcontinent

MEA says 288 Indian nationals out of contact after Nepal floods, which includes Indians working on hydropower project, tourist groups from Tamil Nadu, West Bengal.

21 Indians have been rescued so far #IndianSubcontinent

Gabriel India Forms JV With South Korea's HL Klemove For Autonomous Driving

🔹 To acquire 30% minus one share in HL Klemove India for $98.44 mn (~₹935 cr)
🔹 JV to make radar, cameras, LiDAR, ADAS software, brake/steering ECUs
🔹 Entry into ADAS, autonomous driving, auto electronics beyond ride-control
#Automobile #Tech

🔗 Economic times

JSW MG Motor Plans ₹6,000 Cr Investment For Halol Expansion

🔹 ₹3,500 cr by company + ₹2,500 cr by vendors = ₹6,000 cr total outlay
🔹 Halol capacity: 1.1 lakh now → 1.6 lakh by Mar'27 → 2.2 lakh by Jan'28; can go to 4 lakh
🔹 Launched Hector Tomahawk EV (₹19.49L) & PHEV (₹25.69L) on ADAPT platform; 70% localisation target by CY27
🔹 Eyes 1 lakh sales in CY26 vs 71k last year; 35-40% CAGR aim
#MakeinIndia #Automobile

🔗 Economic times

🇷🇺⚡🇬🇧 Russian Foreign Ministry warned that Moscow could target British military facilities inside and outside Ukraine following reports of Ukrainian strikes on Russia using British missile and drone technology.

#InternationalNews

ONGC To Revive Venezuela Oilfield With $200 Mn

🔹 OVL secured OFAC US licence in July'26 to resume full ops after sanctions curb
🔹 San Cristobal (OVL 40%, PDVSA 60%) now 4-5k bpd, peak was 45-50k bpd
🔹 ONGC to fund PDVSA share also, recover from future output; plan over next 12 months
🔹 Also holds 11% in Carabobo-1; aims operatorship & recovery of >$500 mn stuck dividends #Oil

PM Modi to visit 🇺🇿 Uzbekistan and 🇰🇬Kyrgyzstan from 29 August - 1 September

🇺🇿 : 29-30 August
🇰🇬 : 31 August - 1 September

#Geopolitics

Haryana To Host ₹10,000 Cr Green Industrial Park In Hisar Under Avaada Pact

🔹 MoU with HEPC for 300-acre Zero-CBAM Green Industrial Campus
🔹 Investment ₹10,000 cr; 5,000+ jobs; round-the-clock renewable powered
🔹 Designed for CBAM-ready low-carbon manufacturing; EU export focus
🔹 State to give industrial-park status, incentives, infra, single-window clearances
🔹 Joint roadshows in Germany, France, Italy, Japan, South Korea for anchor investors
#MakeinIndia #Policy #Energy

🔗 Swarajya

🇬🇧 BREAKING: The UK PM has been warned that Russia could attack the UK (Daily Mail).

Ways in which this could happen:

-Undersea cable sabotage
-Offshore energy infrastructure attacks
-Cyberattacks
-GPS jamming/spoofing
-Sabotage using proxies
-Disinformation/information warfare
-Telecommunications disruption
-Banking/financial-system disruption
-Submarine operations
-Military intimidation
-Drone attacks
-Cruise missile strikes
-Ballistic missile strikes
-Attacks on military bases/ports
-Attacks on logistics infrastructure
-Nuclear threats/deterrence escalation

#InternationalNews

🇬🇧BREAKING: People across the UK are to be told to stockpile water and tinned food. The Cabinet Office is to launch a campaign urging people to be ready for an emergency.

The preparations are said to be necessary in case of national emergencies (The Guardian)

#InternationalNews

Update on Indian nationals rescued in Nepal. 21 Indian nationals from Tamil Nadu, who travelled for the Kailash Mansarovar Yatra, have been rescued in Nepal.


#indiansubcontinent

Aeronautical Development Agency has again extended the bid submission date for the AMCA from August 2026 to October 2026 !!

#defence

CNH Industrial To Invest ₹2,000 Cr By 2030, Double Tractor Capacity

🔹 ₹1,000 cr for new greenfield plant at Yamuna Expressway near Greater Noida + ₹1,000 cr for R&D/product dev
🔹 100 acres allotted; 4th plant in India; existing Greater Noida plant land-locked
🔹 Capacity: 70,000 now → 1.4 lakh by 2030; Phase-1 +20,000 by mid-2028
🔹 Target: 1 lakh domestic sales by 2030 vs 48k in CY25 ; $18 bn global major
#Automobile #MakeinIndia

Samudra Manthan Scheme: Govt Prepares Year-Wise Drilling Roadmap

🔹 $8.8 bn National Offshore Exploration Scheme; Oil Ministry finalising year-wise roadmap for drilling, seismic surveys, rig deployment
🔹 Focus basins: KG, Mahanadi, Andaman, Cauvery; ONGC & Oil India to be driving force
🔹 Key infra: ONGC-led JV for drillship capacity, shared investment, long-term charter to fix bottleneck
🔹 Aim to add 10-15 MTOE annual oil & gas, cut import dependence; Phase-1 till FY31 with ₹84,000 cr fund
🔹 Each deepwater well cost ~₹1,000 cr; support from govt but quantum/timelines not disclosed yet
🔹 Funds for seismic in ex No-Go zones, accelerated deepwater exploration, common production & evacuation infra, integrated oil & gas manufacturing zone
#Aatmarnirbharbharat #oil

TCS Bags ₹14K cr Porsche Deal, To Acquire Its IT Arm MHP For ₹3,574 cr

🔹 5-year strategic deal worth €1.25 bn (~₹14,000 cr); to buy MHP Management and IT-Beratung GmbH for €320 mn (~₹3,574 cr)
🔹 4,500 MHP employees + 300 clients to TCS; dedicated AI CoE for Porsche to industrialise AI across engg, mfg & CX
🔹 3rd buy in <1 year & first carveout since 2008; revenue €742 mn in 2025; MHP strong in Porsche & VW ecosystem
🔹 Follows $1bn+ Europe deals by Indian IT; TCS to scale in Germany, Europe with business consulting & SDV play
#IT #Economy

Pratap Group Invests ₹850 Cr In MP For OFC & BESS Plants

🔹 Two units inaugurated at Pithampur Smart Industrial Park, Dhar by CM Mohan Yadav
🔹 Corsis Industries: optical fibre, 5.5 mn fibre-km/yr, 8,067 sqm, ~₹350 cr, for 5G/FTTH/data centre/defence
🔹 Voltters Technologies: BESS & Li-ion, 3 GWh, 20,505 sqm, ~₹500 cr, Industry 4.0 + robotics
🔹 Push for clean energy + digital infra; aligns with National Clean Energy Mission
#MakeinIndia #Telecom #Batteries

🔗 Economic Times

India will be taking on Uruguay on 6th October, 2026 in VYBK in Kolkata!!

This match will be another historic match for India right on the heels of the Brazil match!

India will be playing two World Cup winning nations within a span of 3 days!!

#sports