Adani Group and Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced the intent to form a strategic alliance to establish a world-class, vertically integrated AI and data center infrastructure manufacturing platform in India.
The alliance integrates Jabil's six decades of advanced engineering, cross-industry manufacturing expertise, and proven hyperscale data center solutions with Adani Group's massive infrastructure footprint, green energy portfolio, logistics network, and rapidly expanding domestic data center operations. This powerful combination will be structured to directly address the explosive local and global demand for AI-ready data center hardware.
This alliance directly aligns with Adani Group's USD 100 billion commitment to develop 5 GW of green-energy-powered, hyperscale AI-ready data centers by 2035, complementing established collaborations with global technology leaders.
Gautam Adani, Chairman, Adani Group, noted: The world is entering an Intelligence Revolution more profound than any previous Industrial Revolution. Nations that master the symmetry between energy and compute will shape the next decade. India is uniquely positioned to lead. Our alliance with Jabil represents a decisive step in building India's complete AI infrastructure stack — from green power generation to world-class hardware manufacturing. Together, we will ensure India is not merely a consumer in the AI age, but a creator, builder, and exporter of intelligence.
Kalyani Strategic Systems, the wholly-owned defence subsidiary of Bharat Forge, today introduced its line of Mounted Artillery Guns -the MArG series - on the opening day of Eurosatory 2026. Truck-mounted and built for manoeuvre, the MArG series delivers a highly mobile, rapidly deployable and cost-optimised firepower solution for modern land forces.
The MArG series is a comprehensive family of 4×4 mounted 155mm artillery systems, engineered to give armed forces a single, common platform across three calibre configurations: ▪ MArG 39 (39 calibre) - Optimised for mobility and tactical flexibility ▪ MArG 45 (45 calibre) - Balanced range and firepower ▪ MArG 52 (52 calibre) - Extended-range, high-performance artillery solution.
This product series enables armed forces to select optimal calibre configuration for their specific operational needs, terrain and mission profile, while retaining commonality in platform design, training and logistics.
Bharti Airtel announced that nearly 100% of its shareholders have approved the ongoing transaction to consolidate its stake in key strategic subsidiary Airtel Africa plc, underscoring the highest levels of corporate governance at India's leading communications provider while reinforcing strong investor confidence. The transaction involves Bharti Airtel issuing equity shares to Indian Continent Investment, a promoter group entity, on a preferential basis, in exchange for its 16.31% stake in Airtel Africa.
The proposal received resounding support from shareholders, including public and institutional investors, reflecting confidence in its strategic rationale and long-term value creation potential. The transaction, being a cashless share-swap, presents an opportunity to the Company to acquire a large block and increase its economic interest in a high-growth asset without any incremental leverage or cash outflow. It also simplifies the Group's shareholding structure, and enhances transparency, setting a benchmark in corporate governance and capital efficiency.
Sunil Bharti Mittal, Founder and Chairman, Bharti Enterprises, said, “Airtel Africa is central to our growth strategy and is well positioned to deliver robust performance with an increasing contribution to our consolidated revenues. The company has always operated at the highest standards of corporate governance and financial discipline, and this overwhelming support reinforces the confidence that the investors have in the organization. Structured as a share swap, India's largest ever transaction preserves capital strength for Airtel's core operations and future growth ambitions. As we look ahead, we see significant potential in Africa for long-term shareholder value creation.”
The transaction, upon consummation and subject to receipt of all requisite regulatory approvals, will increase Bharti Airtel's effective stake in Airtel Africa to approximately 79%.
CarTrade Tech announced the launch of CarTrade Used Auto, to build the used-car ecosystem in India across the full transaction journey of Buy, Sell , Exchange and Finance.
CarTrade Used Auto brings together the strengths of CarWale and OLX India to create a unified, technology-led and asset-light platform for India's used-car ecosystem. The platform is designed to serve every used-car transaction B2C, C2B, C2C and financing, to enable consumers, dealers, enterprises, lenders and service partners across the used-car value chain. It has also launched SuperDost, which has built agents like Matchmaking, Pricing, Condition check etc. for used car customers.