Airbus Helicopters is set to team up with Mahindra Group to make helicopters in India to meet the country’s military requirements.

India is poised to launch five U.K.-built satellites later this week, marking the country’s heaviest commercial launch payload mission to date.

InterGlobe Aviation Ltd., the LCC’s owner, has filed a draft prospectus with capital-markets regulator Securities Exchange Board of India for its proposed IPO, to raise around 12.72 billion rupees ($200 million) via sale of new shares, while certain shareholders will also offer for sale more than 30 million shares.