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DEFENCE PUBLIC SECTOR UNDERTAKINGS
Sectoral and thematic fund inflows plunge 67% to Rs 647 crore. Are investors turning away from thematic bets?Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away fr...
Four Indians feature in Forbes’ top 50 most successful immigrants in AmericaFour Indian-born business leaders, including Vinod Khosla and Naval Ravikant, have been recognized in Forbes' "America's Most Successful Im...
'Historic opportunity': Slovak envoy hails PM Modi's first-ever visit to SlovakiaSlovak Ambassador to India Robert Maxian welcomed Prime Minister Narendra Modi's upcoming state visit to Slovakia from June 14-16, calling ...
Boosting BRICS, Brazil eyes role in India's defence sectorEmbraer, the Brazilian aerospace powerhouse, is setting its sights on a lucrative contract with the Indian Air Force, proposing the KC-390 ...
Tata, Airbus conduct first test flight of maiden 'Made in India' C295 military transport aircraftIndia's first Airbus C295 military transport aircraft, manufactured in Vadodara, has successfully completed its initial test flight. This m...
Power finance cos turn to global markets for cheaper fundsIndian power and renewable energy firms are looking abroad for loans. The Reserve Bank of India's new dollar-rupee swap facility has made f...
Brazil ready to ramp up crude supplies to India as Iran war disrupts gulf flowsBrazil is ready to increase oil supplies to India. This comes as India seeks to diversify its crude sources due to shipping issues. Brazil'...
IRCTC cracks down on errant e-catering entitiesThe railway public sector undertaking listed 14 websites as non-compliant operators and said legal proceedings have been initiated. It also...
Geopolitical shifts to boost indigenous tech, five-fold jump in job creation in defence sector: SurveyIndia's defence sector is set for major growth. Indigenous technology adoption will surge, reaching USD 36.45 billion in three years. This ...
Defence Ministry clears 250 MW solar project with battery storage in Uttar Pradesh's SitapurThe Indian Defence Ministry has taken a pivotal step in renewable energy by sanctioning a 250 MW solar power project featuring integrated b...
JSW Steel crude steel production rises 15% to 22.93 LTJSW Steel reported a significant 15 percent jump in crude steel production for May. The company produced 22.93 lakh tonnes, a notable incre...
RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
Avoid broad market bets now; focus on these 3 sectors instead: Shibani Sircar KurianIndian stock markets face ongoing volatility from West Asian geopolitical events. Despite this, earnings prospects remain strong. Investors...
RBI may need to absorb at least half of hedging cost to spur ECBs by PSUsThe Reserve Bank of India's new measures aim to boost foreign inflows. Public Sector Undertakings can now access concessional forex swaps f...
BHEL, SAIL at risk of losing Maharatna tagTwo major Indian public sector companies, BHEL and SAIL, face a one-year deadline to improve their financial performance. Failure to meet p...
PSUs to get concessional forex swaps to boost external borrowingsThe Reserve Bank of India will introduce a special foreign exchange swap facility for public sector undertakings. This initiative aims to e...
Sagar Defence Engineering said to explore public listingSagar Defence Engineering is reportedly exploring an Initial Public Offering (IPO) valued between ₹2,000-3,000 crore. The company, which de...
Growing role of SMRs for defence manufacturing and data centre operationIndia's growing defence and data centre sectors face a critical need for reliable power. A recent policy dialogue explored Small Modular Re...
EU to unveil plan to wean itself off US, Asia techThe EU will set out on Wednesday how the 27-country bloc hopes to slash its dependence on American and Asian technology, and favour Europea...
DRDO, IAF successfully test RudraM-II air-to-surface missile from Su-30MKI fighter; hits target with pin-point accuracyIndia's Defence Research and Development Organisation and the Indian Air Force have successfully conducted flight tests of the RudraM-II ai...