In a sea of red, how a smallcap defence company delivered multibagger returns this yearDespite a challenging market, MTAR Technologies has delivered multibagger returns, surging nearly 100% in just over four months. The smallc...
29 Apr, 2026, 09.50 AM IST
Ashish Kacholia-backed Shree Refrigerations IPO opens with 64% GMP. Check all detailsShree Refrigerations is launching its IPO on Friday. The IPO size is Rs 117.32 crore. Ashish Kacholia and other marquee investors are backi...
25 Jul, 2025, 08.03 AM IST
Andhra unveils sops for defence, aerospace clustersAndhra Pradesh is set to become a global hub for defence manufacturing. The state government is offering major incentives for aerospace and...
25 Jun, 2025, 10.12 AM IST
EEPC India’s MSME defense week kicks offThe four-day event organised by EEPC India will witness the participation of over 25 speakers across 8 dedicated sessions.
17 Sep, 2024, 03.15 PM IST
Nippo’s manufacturer divests its entire 51% stake in Kineco for Rs 220 croresIndo National Ltd, the Chennai-based manufacturer of Nippo brand products, has sold its 51% stake in Kineco Ltd for Rs 220 crores. The fund...
17 Sep, 2024, 02.29 PM IST
Karnataka emerging as Li-ion battery making hubUS-based IBC signed an agreement with the state government this month to set up a recyclable lithium-ion battery manufacturing unit. The co...
21 Aug, 2023, 06.00 AM IST
MTAR Technologies to use IPO proceeds for retiring debt and working capital needs: P Srinivas Reddy"We are rolling out various products in the next one-two years in strategic sectors and taking them forward in an aggressive manner", says ...
15 Mar, 2021, 04.45 PM IST
MTAR IPO subscribed over 10 times on Day 2 of bidding processAnalysts said MTAR is into niche segments and can be a play on clean energy and 'Atmanirbhar Bharat'.
05 Mar, 2021, 08.52 AM IST
MTAR Tech IPO opens on Wednesday. What you should know before subscribingIn the first nine months of FY21, revenue grew by 16% to Rs 177 crore and profit increased by 25% to Rs 28 crore. The outstanding order boo...
02 Mar, 2021, 09.20 AM IST
MTAR has a strong portfolio, but needs long-term horizonMTAR manufactures mission-critical precision components used in rocket engines and satellites, gearboxes for fighter aircraft, complex asse...
02 Mar, 2021, 08.46 AM IST
India to have 10 more defence attaches in 10 countriesThe Defence PSUs have also opened offices for their liaison officers in different countries like Vietnam, Singapore, Myanmar and Oman. An E...
03 Feb, 2020, 10.00 PM IST
If Pakistan keeps supporting terrorism, it will self-implode: Rajnath SinghDefence Minister Rajnath Singh said, "Pakistan needs to take care of its own internal problems. If it keeps going on the path of supporting...
17 Oct, 2019, 09.24 AM IST
Private sector defence production at Rs 16k cr: Rajnath SinghThe minister said the government wants to encourage private industry investment in defence and strengthen defence public sector undertaking...
09 Aug, 2019, 07.30 PM IST
India's defence exports may cross Rs 10,000 crore by end of FY19: Secretary of Defence ProductionSince the government liberalised Foreign Direct Investment in the defence sector, nearly Rs 4,000 crore of FDI has come in this sector.
18 Jan, 2019, 07.42 PM IST
How Rafale row bombed a groundbreaking move that would've changed Indian defenceGroundbreaking changes in offsets rule failed to take off. A new arms-making move also met the same fate.
26 Dec, 2018, 12.01 PM IST
Niti Aayog to go beyond traditional areas of planningThe Minister was replying to a query whether Niti Aayog will go beyond the traditional areas of plan and look at internal security, defence...
23 Nov, 2016, 04.34 PM IST
- DIPP wants go-ahead for ByCell, home ministry opposes move
The home ministry (backed by the country’s security agencies) and the Department of Industrial Policy and Promotion (DIPP) are involved in ...
30 Nov, 2007, 03.00 AM IST