STRATEGIC PARTNERSHIPS
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.
PM in Manila: Aligning act east, Indo-Pacific & MAHASAGAR policies
Prime Minister Narendra Modi will visit Manila for the ASEAN Summit, focusing on strengthening India's partnerships. The growing competition in the Indo-Pacific requires ASEAN countries to seek reliable collaborations with India. Maritime cooperation, educational exchanges, and renewable energy initiatives are critical areas for future collaboration.
US must respect India's right to defend itself: Former US Secretary Blinken
Antony Blinken outlined the importance of US recognition of India's right to self-defense against terrorism. He highlighted the fundamentally different nature of US relationships with India and Pakistan. Blinken emphasized the necessity of a zero-tolerance policy towards terrorism and support for India's defense mechanisms. He discussed the historical depth of India's ties with Russia, advocating for ongoing collaboration.
Sammaan Capital Q2 Results: Net profit rises to Rs 312 crore, AUM up 5% QoQ to Rs 59,188 crore
Sequentially, the company’s net profit increased over 28% quarter on quarter from Rs 243 crore reported in the first quarter of FY27. The non banking financial company’s assets under management (AUM) meanwhile increased over 5% QoQ to Rs 59,188 crore as at the end of the September quarter, from Rs 56,239 crore at the end of the June quarter.
Goyal in Egypt: Both sides to discuss increasing cooperation in infra, mnfg, logistics
Commerce and Industry Minister Piyush Goyal will visit Egypt for two days to enhance trade relations. He will engage in discussions to facilitate business participation in each other's markets and review the progress of bilateral trade. Over 140 Indian business leaders will accompany him to explore opportunities in various sectors. Meetings with Egyptian officials and business representatives are scheduled to reinforce economic cooperation.
FICCI calls for comprehensive India-Africa trade framework
India and Africa are encouraged to develop a comprehensive trade arrangement to enhance economic cooperation. Ficci emphasizes the importance of a predictable framework to address trade barriers and promote investment. With the upcoming visit of Commerce Minister Piyush Goyal to Egypt, both regions aim to strengthen ties. Egypt's strategic location provides opportunities for Indian companies in various sectors.
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India seeks private investors to build its largest strategic petroleum reserve in Odisha at ₹8,571 crore cost
India is seeking private investors to build a 4-million-tonne strategic petroleum reserve at Chandikhol in Odisha at an estimated cost of ₹8,571 crore. The facility will increase the country’s existing strategic crude storage capacity by 80%.
Kutch Copper, Codelco in pact for strategic exploration
Adani’s Kutch Copper and Chile’s Codelco have signed an MoU to explore the Kaburkaala copper project in Chile, strengthening Adani’s access to global copper resources and linking upstream assets with its Mundra smelter.
Adobe VP of global strategic partnerships Shilpa Anand on bringing creative tools to ChatGPT and Claude
Adobe is expanding its AI partnerships by bringing creative tools to ChatGPT, Claude and Gemini while integrating third-party AI models into apps such as Photoshop and Premiere Pro. In an interview with ET Digital, Adobe VP Shilpa Anand explains how these integrations could reduce friction for creators, whether the company could build Disney-style AI models for Indian media companies, why some AI models may take longer to reach India and what happens to customer data when Adobe works with external AI partners.
Indian PM Modi to attend ASEAN summit in Manila from November 16 to 17
Indian Prime Minister Narendra Modi will be visiting the Philippines on November 16 and 17. He will attend the summit of the Association of Southeast Asian Nations in Manila during his visit. India is recognized as a strategic partner of the ASEAN grouping, which consists of 11 member countries. The member countries include Thailand, Vietnam, Laos, and Cambodia among others.
Bodhi Tree invests $180 million for majority stake in Adyar Ananda Bhavan
Bodhi Tree Systems, backed by James Murdoch and Uday Shankar, has invested $180 million for a majority stake in Adyar Ananda Bhavan, or A2B, as it looks to scale the South Indian food brand in India and overseas. The partnership will focus on restaurant and packaged-food expansion, digital capabilities and manufacturing, with Uday Shankar becoming chairperson of A2B’s new board.
Lights, camera... microdrama! Big showmen hooked on new gig in town
India's microdrama industry is experiencing significant growth, attracting investments from major entertainment companies and creators. Aamir Khan Productions and Excel Entertainment are launching a microdrama venture to produce high-quality content. Partnerships with creators and telecom companies will enhance the platform's offerings as the market expands. Despite challenges in monetization and audience retention, viewership for microdramas continues to rise steadily.
Mundra to Chile, Adani amps up the volume of its heavy metal rock
Adani Group has signed an agreement with Codelco to explore a copper project in Chile. This partnership aims to ensure a secure supply of copper for its operations in Mundra, Gujarat. The agreement comes amid rising copper demand in India and a need for more imports.
Use FTAs to build joint ventures, explore investment opportunities: CII President to industry
R Mukundan, the CII President, stressed the crucial role of Free Trade Agreements (FTAs) in fostering joint ventures and enhancing investment prospects. He noted India's resilient economic growth, even faced with global challenges like geopolitical tensions and elevated energy prices. The broadened scope of India's FTAs promises to enrich economic interactions and spur advancements in emerging technologies such as AI and biotechnology.
Zee Studios appoints Suraj Singh as business head, plans to expand film slate across languages
Zee Entertainment Enterprises Ltd appointed Suraj Singh as business head of its Zee Studios division. Singh will focus on expanding film production and distribution across various Indian languages. The studio aims for a diverse slate including commercial films and thrillers. Industry veteran Komal Nahta will serve as creative director alongside Singh. The strengthened leadership is expected to enhance collaboration and growth in both domestic and international markets.
Adani eyes Chile's copper riches: Kutch Copper and Codelco sign MoU to explore Kaburkaala project
Adani Group's Kutch Copper Ltd has signed an MoU with Chile's state-owned Codelco to explore the Kaburkaala copper project in northern Chile. The partnership aims to combine Adani's investment and technical capabilities with Codelco's geological expertise, potentially securing long-term copper supplies for the group's Mundra smelter as India seeks to strengthen its domestic copper supply chain.
Army transformation goes beyond modern equipment and restructuring: General Dhiraj Seth
The COAS delivered an address on "Vision for Future Warfighting in the Indian Subcontinent" at the Mechanised Forces Symposium 2026, held at Manekshaw Centre, New Delhi. The two-day symposium, organised by the Cavalry Officers' Association in collaboration with the Directorate General of Mechanised Forces, brings together senior serving officers, veterans, defence scientists, industry representatives and strategic thinkers to deliberate on the changing character of warfare.
Realty firms' land acquisition falls 56% to 1,445 acres in Jan-Sep: Anarock
In the first nine months of 2026, a notable drop in land acquisition activities by Indian real estate firms has been observed. Anarock attributes this decline to developers adopting a cautious strategy, influenced by rising costs and emphasized selectivity in land purchases. Notably, joint development agreements with landowners represented 25% of all deals, hinting at a stronger focus on project feasibility and connectivity.
Adobe, Google expand AI partnership across creative tools
Adobe and Google have taken their partnership to the next level by integrating cutting-edge AI technology, aiming to revolutionize how users interact with creative tools. Through this collaboration, Adobe's offerings in products like Acrobat will feature enhanced PDF editing via conversational AI. Additionally, Photoshop is set to explore image editing solutions that allow nearly instantaneous modifications using text prompts, striving for innovative user experiences across both platforms.
Makkah defence pact with Saudi Arabia, Turkiye not directed against any country: Pak Deputy PM Dar
Pakistan's Deputy Prime Minister Ishaq Dar highlighted the Makkah Joint Defence Agreement with Saudi Arabia and Turkiye. The agreement is aimed at enhancing regional stability without targeting any specific country. Dar emphasized the importance of collective security and Pakistan's balanced foreign policy strategy in light of geopolitical tensions. He also addressed the ongoing conflicts in Jammu and Kashmir and Palestine as crucial regional issues.
Piyush Goyal to visit Egypt with big business delegation; India eyes trade, investment partnerships
Commerce Minister Piyush Goyal will visit Egypt next week with a large business delegation to explore investment and collaboration in sectors including startups, fintech, pharmaceuticals and automobile components. The visit comes as India seeks to deepen its strategic engagement with West Asia and position Egypt as a gateway to African, Arab and European markets.
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.
EU and India conclude negotiations on association to Horizon Europe to push innovation ties
India and the European Commission have completed negotiations for India’s association with Horizon Europe. The agreement is expected to enhance scientific cooperation between Europe and India significantly. Researchers from India will gain access to Horizon Europe funding and can lead joint projects addressing pressing global challenges. This association aims to facilitate collaboration in various fields, including health, climate, and energy.
Pakistan more loyal to China than the dragon is to itself: Brahma Chellaney highlights curious case of Taiwan airline ban and a u-turn in 24 hours
Pakistan’s one-day restriction on Taiwanese airlines using its airspace has drawn attention to Islamabad’s close alignment with Beijing. Geopolitical commentator Brahma Chellaney said the move, reversed after China reportedly expressed surprise, showed Pakistan attempting to defend Chinese interests more aggressively than China itself.
BharatPe taps former Bajaj Finance executive Mohit Mittal to lead investments
He was previously the business head of investment marketplace at Bajaj Finance, where he helped build a digital platform with more than 50 financial institution partners. Before that, he spent over 13 years at Bajaj Capital, where he led an investment business with Rs 40,000 crore in assets under management across fixed-income and mutual fund products. He has also worked at ICICI Bank and Genpact.
Vietnam proposes pact with India to protect classified information
Vietnam has proposed an agreement with India to exchange and protect classified information, while both countries have agreed to strengthen real-time sharing of strategic intelligence. The proposals were discussed during National Security Adviser Ajit Doval’s meetings with Vietnamese leaders in Hanoi.
NSA Ajit Doval meets Vietnam President To Lam, briefs him on visit outcomes
Ajit Doval's recent visit to Vietnam featured a meeting with President To Lam, focusing on enhancing bilateral cooperation and strategic partnerships. They delved into critical discussions surrounding law enforcement, cyber security, maritime interests, and economic safety. Doval also engaged with key figures, including the Defence and Foreign Affairs Ministers, as the nations target USD 25 billion in annual trade by 2030, enriching their Enhanced Comprehensive Strategic Partnership.
NSA Ajit Doval reviews bilateral defence cooperation with Vietnam's National Defense Minister in Hanoi
Ajit Doval met with General Phan Van Giang in Hanoi to discuss strengthening defence cooperation between India and Vietnam. They reviewed ongoing collaboration and considered strategies to enhance their engagement in various defence sectors. This meeting is part of Doval's official visit to Vietnam following the elevation of bilateral relations. Both countries aim to implement their Joint Vision Statement on Defence Partnership towards 2030.
India-France defence ties poised for new phase, with 114 Rafales in focus
India and France are advancing their defence relationship with proposals for new fighter aircraft and submarines. The two nations are collaborating on advanced technologies and strategic partnerships essential for regional security. As the global security landscape evolves, India aims to enhance ties with trusted allies like France. The Horizon 2047 Roadmap outlines a vision for future cooperation across various sectors.
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