No Hollywood to Bollywood: US makes a move in India's backyard

Jaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profitability. This recovery will be powered by a strategic emphasis on North America, its key growth market. JLR aims for £26 billion in revenue and improved Ebit margins.

Aviation watchdog DGCA has ordered operators of uncontrolled airstrips to immediately review their facilities. This action follows recent accidents at such airfields. Operators must ensure strict compliance with safety norms and rectify any deficiencies. The DGCA also advised obtaining an aerodrome license for regularly used airstrips. This move aims to enhance safety for all aircraft operations across the country.

I Squared Capital and the US International Development Finance Corporation are partnering. They will create a three billion dollar investment platform. This platform will focus on energy infrastructure in South and Southeast Asia. The goal is to boost energy connectivity with the Indo-Pacific region. It will support US LNG and energy exports.

HFCL has secured a significant Rs 2,666 crore order from Rail Vikas Nigam Limited. This contract is for the BharatNet Phase-3 project in Uttar Pradesh West. HFCL will supply telecom equipment and manage installation and commissioning. The project includes network creation and maintenance over a considerable period. This order adds to previous contracts for the same project.

Bhartiya Urban is launching Nikoo Homes 8 in Bengaluru's Thanisandra corridor. This project spans 11 acres and includes over 1,000 homes. It offers a range of options from studios to luxury villas. The development has a business potential of Rs 2000 crore. Bhartiya Urban plans further launches and inventory additions across multiple locations.

Electric vehicle makers are asking the government for better financing and payment security. This is to speed up the use of electric vehicles and boost local production. Industry leaders met with Union Minister HD Kumaraswamy to discuss challenges. They also want more charging stations and faster approvals for new technologies. The minister assured support for the EV sector's growth.

US retail giant Target Corporation secures a significant office space in Bengaluru. The company will occupy over 8.3 lakh square feet at Embassy Manyata Business Park. This long-term lease, valued at approximately Rs 1,250 crore, highlights the growing presence of global capability centers in India's tech hub. The deal underscores sustained demand for Grade A office spaces in Bengaluru.