BEML wins Middle East equipment order worth INR 3 bn

BEML secures INR 3 bn Middle East order

Bengaluru-based engineering firm Bharat Earth Movers (BEML) secured an export contract in the Middle East worth INR 3.03 bn (USD 36.38 mn) to supply heavy earthmoving equipment, Hindu Businessline reports. BEML equipment will be used in infrastructure development and reconstruction-related projects.

Tata steps up iPhone manufacturing investment

Indian conglomerate Tata Group is investing INR 15 bn (USD 160 mn) into Tata Electronics to support its iPhone manufacturing business, Economic Times reports. The funding forms part of ongoing capital support from the parent firm to expand its smartphone production capacity. With the latest round, total capital infused into Tata Electronics stands at INR 30 bn (USD 321 mn) in FY 2026.