SPACE INDUSTRY
Andhra Pradesh inks 9 MoUs for Rs 4,100 crore space-defence push
At the 31st CII Partnership Summit in Visakhapatnam on 12-13 November 2026, the Andhra Pradesh Economic Development Board signed nine MoUs covering rocket engines and test beds, satellites, missiles, explosives, aerospace manufacturing, flight training and heliports. Eight of them propose investments totalling Rs 4,100 crore and 6,865 direct jobs on about 1,472 acres in Sri Sathya Sai, Tirupati, Nellore and Visakhapatnam. The ninth is a five-year strategic partnership with Pawan Hans to develop and operate heliports across the State.
Will Elon Musk hire Jensen Huang? Says it would be an 'honour' After Nvidia CEO's controversy: what happens next?
Elon Musk stirred excitement online by suggesting Jensen Huang, who recently left Nvidia after three decades of leadership in artificial intelligence, could be a potential hire. Musk and Huang's collaborative history includes innovations that benefited Musk's Tesla and SpaceX initiatives. While this may lay the groundwork for future developments, it's important to note that there hasn't been any concrete job offer made yet.
Investors flock to Anthropic IPO but question durability of AI lead
The Anthropic roadshow is scheduled to run through next Wednesday, when the AI company is expected to price the $64 billion deal. Anthropic and its investment banks are meeting prospective investors in New York, Boston and San Francisco to gauge demand for the offering, one of the people and a third person familiar with the matter said.
SpaceX launches 15th Starship flight with hopes of achieving first round trip
SpaceX successfully launched its Starship spacecraft on a mission that aimed for both orbit and return. Unfortunately, the lower-stage Super Heavy booster rocket failed to complete its return flight. Starship's upper-stage vessel reached orbit and deployed 26 satellites into space. This launch marks SpaceX's 15th Starship test flight, contributing to their satellite connectivity business. The company hopes to achieve a fully reusable rocket system for future missions.
Big polluters may muddy the waters again at COP
The report by Kick the Big Polluters Out, a global coalition of more than 450 environmental and civil society organisations, said representatives of major fossil fuel companies, Big Tech, industrial agriculture and food industries have accessed the climate talks through various routes.
SpaceX to attempt first Starship spacecraft recovery on land in 15th flight
SpaceX plans to launch its Starship rocket for the 15th time to test spacecraft recovery. The mission will attempt to catch the spacecraft at the Texas launch site rather than discarding it at sea. Elon Musk envisions regular Starship launches to expand the Starlink satellite network and future AI capabilities. NASA has provided significant funding for the Starship project under the Artemis moon program.
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Investors favour states offering better incentives as Andhra Pradesh secures Rs 9.89 lakh crore in MoUs: N Chandrababu Naidu
With Tamil Nadu and Andhra Pradesh competing aggressively to attract investments from each other, Naidu sought to put the controversy to rest, saying all 28 states compete for investments.
Why SpaceX needs just two successful catches to change the future of rocket launches
SpaceX is preparing for its Starship Flight 15 mission which aims to recover both rocket stages after launch. This mission will test the reusability of rockets and the efficiency of SpaceX's recovery systems. Starship is set to deploy 26 next-generation Starlink V3 satellites into low Earth orbit during this flight. Successfully catching both stages could lead to reduced launch costs and increased satellite deployment.
Anthropic IPO share orders from China are said to be rebuffed
Investors based in mainland China and Hong Kong are excluded from placing orders in Anthropic's IPO. This decision reflects the strategic sensitivities between Washington and Beijing regarding technology advancements. Some investors are exploring alternative methods to participate in the public offering through offshore structures. Anthropic intends to complete its IPO on November 18, pricing the shares ahead of trading the next day.
Karnataka: CM DK Shivakumar urges Centre to clear Mekedatu, drop Kasturirangan report and align CSR norms
Shivakumar placed three major demands before the Centre, underscoring the need for cooperative federalism to address pressing developmental challenges while speaking at the inauguration of the Centre of Space and Modern Optical Sciences (CoSMOS) in the presence of Prime Minister Narendra Modi in Mysuru.
Anthropic IPO to test Wall Street's appetite for AI stocks
Anthropic is preparing for a potential IPO that could value the Claude chatbot maker at up to $1.4 trillion. The proposed $64.4 billion share sale, alongside a separate private placement, could rank among the largest market debuts in history.
Chinese AI satellite maker Adaspace Technology slips in Hong Kong debut after $96 million IPO
Chinese AI satellite maker Adaspace Technology made a weak Hong Kong debut, with shares falling below their IPO price despite raising HK$750 million. While retail investors showed stronger demand, muted institutional interest and broader market weakness weighed on the listing.
REITs in India delivered around 16% annualised returns since 2019; 5 things to check before investing
Discover the potential of investing in India's booming REIT market, where you can earn from commercial real estate without the hassles of ownership and management. Insights from Ramesh Nair reveal REITs' growth drivers, the importance of total returns over distribution yield, and upcoming property segments that could enhance your investment opportunities.
Skyroot Aerospace partners with Brazil's Concert Technologies for satellite launch vehicle development
Skyroot Aerospace and Brazil's Concert Technologies have signed a Memorandum of Understanding for collaboration. This agreement focuses on developing a satellite launch vehicle for payloads of at least 100 kilograms. The partnership aims to provide affordable access to space for both countries in conjunction with the global space industry. They plan to evaluate technological requirements and commercial prospects over the next two years.
11 countries, 3,500 exhibitors to take part in India International Trade Fair from November 14
Thailand, China, Iran, and Bangladesh will participate in the upcoming India International Trade Fair in New Delhi. The event will feature over 3,500 exhibitors from multiple states and Union Territories across India. A special focus this year is on engaging youth through innovations and startups in various sectors. The One District One Product Pavilion will promote local crafts and cuisines on a national level.
In 2012, Rotterdam transformed 9 discarded wind turbine blades into public seating; 8 years later, the installation gained a new life as an LGBTQI+ landmark
Nine wind turbine blades destined for disposal have been repurposed as public seating at Willemsplein in Rotterdam. This initiative, known as Blade Made, was designed by Superuse and installed in 2012. The seating structure became an LGBTQI+ landmark after it was designated as such in 2020. The blades are held in place by concrete blocks made from recycled rubble from the city.
Healthy eating, GLP-1 trend make air fryers a kitchen staple as sales double
Air fryer sales in India have experienced significant growth, reaching nearly ₹1,000 crore in annual sales. The surge in demand is attributed to a focus on healthier cooking alternatives and falling prices. With the cost dropping from ₹10,000 to ₹4,000, more consumers are adopting air fryers. The popularity of social media cooking videos also plays a role in increasing sales across various regions.
In the early 1850s, Philadelphia-born beekeeper Lorenzo Langstroth developed a hive with removable frames, making honey harvesting easier; his design remains widely used today
In 1851, Lorenzo Lorraine Langstroth introduced the movable frame hive, a groundbreaking innovation that transformed beekeeping. This advancement facilitated honey extraction and improved colony management. However, alarming reports reveal that American beekeepers are suffering immense colony losses due to the Varroa mite. This ongoing crisis threatens the $18 billion annual pollination economy, underscoring the urgent need for contemporary solutions despite Langstroth’s revolutionary contributions.
Prada's new Milan exhibition turns a century of fashion into fresh discoveries
Prada’s Milan exhibition, Pradasphere, is turning its century-old fashion legacy into a business opportunity, with the brand expecting it to generate an additional 100 million euros in annual revenue.
Tata Electronics told to file ATR after deaths of three contract workers
"The company has also been directed to submit a detailed action taken report (ATR) covering the circumstances leading to the accident, lapses identified, corrective measures undertaken and a clear preventive action plan to ensure that such incidents do not recur," Krishnagiri district collector C Dinesh Kumar told ET on Tuesday.
Shreya Ghoshal lives in a luxurious Rs 29 crore Mumbai home: It has a grand piano, veined marble floors, and terracotta chairs
Shreya Ghoshal, regarded as one of India's best playback singers, has contributed many popular songs to the Hindi and regional cinema industries. During a recent visit with YouTuber and filmmaker Farah Khan, the well-known singer gave followers a glimpse into her opulent Mumbai home. Beige, ivory, and earthy terracotta hues dominate the serene interior design of the vocalist of Mere Dholna Sun's modern home.
Karnataka clears Rs 6,826-crore industrial investment proposals, 131 outside Bengaluru
Karnataka's State Level Single Window Clearance Committee has approved multiple industrial projects worth Rs 6,825.93 crore. The majority of these projects will be set up outside Bengaluru, promoting regional growth. These projects are expected to generate around 18,600 jobs across various sectors, including IT and food processing. Notable investments include IT parks in Devanahalli and Doddanekundi, attracting significant capital.
Karnataka clears industrial projects worth Rs 6,825.93 cr; 18,600 jobs expected
Karnataka's recent committee meeting led to the approval of 147 industrial projects amounting to Rs 6,825.93 crore. These projects are anticipated to generate approximately 18,600 jobs across the state. Notably, 131 projects will invest in regions outside Bengaluru's urban areas to promote regional development. The investments span several sectors, including IT, semiconductors, and food processing. Major projects include IT parks and manufacturing units expected to create thousands of job opportunities.
Abhishek Bachchan recalls how King co-star Shah Rukh Khan took 'personal responsibility' for his career, calls him an 'elder brother'
Shah Rukh Khan and Abhishek Bachchan reunite for the action-packed thriller, King. Nostalgia strikes as Abhishek once recalled in an interview about their childhood cricket matches and the invaluable mentorship he received from SRK. Meanwhile, talking about King, the film is being directed by Siddharth Anand and boasts an impressive cast, including Suhana Khan and Deepika Padukone, with a global premiere set for December 24, 2026.
Kirloskar Industries Q2 profit rises 5% to Rs 105 crore
Kirloskar Industries (KIL) achieved a consolidated profit after tax of ₹105 crore for the quarter ending September 30, reflecting a 5% increase from ₹100.1 crore in the previous year’s corresponding quarter. The overall income surged to ₹2,097.7 crore, up from ₹1,790.1 crore, highlighting robust operational performance. Kirloskar Ferrous Industries, a key subsidiary, showcased strong demand, while Avante Spaces progresses steadily in the real estate market.
Trump vows new US air show will be biggest in the world
CapeWeek is set to take place at Kennedy Space Center in Florida and is designed to promote American aerospace leadership. The event aims to surpass major air shows hosted internationally while attracting business from around the world. Trump emphasized this initiative after encouraging space companies to forgo an upcoming summit in Paris. This new conference will add to an existing array of global aviation events.
Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?
Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursday’s tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Wood’s AI strategy.
Paras Semiconductors, BroadPak join hands to build advanced semiconductor packaging capabilities
The collaboration will combine Paras Semiconductors' manufacturing ambitions in opto-electronics, photonics and co-packaged optics with BroadPak's technology expertise in advanced semiconductor packaging, heterogeneous integration and chiplet-based system architectures, it said.
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