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INDIA DEFENCE CAPITAL EXPENDITURE
Ahead of IPO, Millworks Tech raises nearly Rs 44 cr from anchor investorsMillworks Technologies has successfully garnered Rs 44 crore from its anchor investors ahead of its public offering set to commence on July...- India's defence capex seen rising to Rs 2.8 trillion by FY30 on indigenisation, export growth: KotakIndia's defence capital expenditure is projected to grow eleven percent annually until FY2030. Domestic defence exports have grown fifty ti...
- Millworks Technologies SME IPO opens July 14; GMP soars 120% ahead of issueMillworks Technologies will launch its BSE SME IPO on July 14, 2026, aiming to raise Rs 160.33 crore. The company operates in precision eng...
- Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
- RBI steps up scrutiny of Corporate India's foreign investmentsIndian banks are now mandated to disclose their anti-money laundering measures concerning international business partners. Corporations wit...
- CAG flags Rs 3,541 crore excess spend, budgetary lapses in Maharashtra govt's Ladki Bahin schemeThe CAG flagged over Rs 3,500 crore excess expenditure on the Ladki Bahin scheme. Thousands of crores were parked in deposit accounts, indi...
- Booms heard in Doha as UAE air defences engage with Iranian missiles & dronesUnited Arab Emirates air defence systems are responding to incoming missiles and drones from Iran. Explosions were heard in Qatar's capital...
- Six dead, dozens wounded as Russia strikes Ukraine with missiles, dronesRussia launched missile and drone attacks across Ukraine on Saturday. Six people were killed and dozens more were wounded in these attacks....
- Indian business optimism weakens as margin pressures weigh: HSBC surveyIndian private sector firms show reduced optimism for the year ahead. Companies are scaling back hiring plans due to rising costs and compe...
- Assam budget targets revenue leaks: Jayanta Malla BaruahAssam's finance minister presented the 2026-27 budget focusing on revenue generation and plugging leakages. Capital expenditure has increas...
- Sebi approves IPOs of defence electronics maker Tonbo Imaging and 3 othersSebi approved IPO proposals of Tonbo Imaging India, Marri Retail, Zetwerk and Gujarat Victory Forgings, strengthening the primary market pi...
- HDFC Defence Fund raises stake in Mazagon Dock, Tata Motors and 3 others in JuneThe HDFC Defence Fund boosted its holdings in Mazagon Dock and Tata Motors during June. It also added shares of Bharat Electronics, BEML, a...
- Apollo Micro Systems shares rally 5% on Rs 1,550 crore deal to acquire 41% stake in Premier ExplosivesApollo Micro Systems shares gained 5% after it sought to acquire Premier Explosives' promoters' stake for Rs 1,550 crore. This strategic ac...
- From T20s to Test matches, PM Modi uses cricket to pitch India's deepening ties with AustraliaPrime Minister Narendra Modi highlighted India-Australia ties using cricket analogies. He described their partnership as evolving through d...
- Premier Explosives rises 4% on Apollo Micro Systems deal buzzApollo Micro Systems gained 1% and Premier Explosives climbed 4% after ET reported that Apollo is nearing a Rs 2,300-2,500 crore deal to ac...
- Can US President Trump 'cut off all trade' with Spain?President Trump has ordered a trade embargo against Spain, which includes cutting off all trade. This action stems from ongoing tensions re...
- Air-cooled condenser makers urge review of Chinese firms' entry into thermal power contractsACC systems are used in dry-cooling systems at thermal power plants and are typically sub-contracted as part of larger engineering, procure...
- Finance Ministry to fully switch to ebills from August 1, reduce payment processing to 3 daysGovernment vendors will receive payments within three working days starting August. All ministries will fully switch to electronic bill pro...
- VB-G RAM G: A potential rural income hike comes with a burdenIndia's new rural employment scheme, VB-G RAM G, promises more work and higher wages, aiming to boost rural incomes. However, a significant...
- MEIL to pump in Rs 40,000 crore capex in 3 years, eyes Rs 2 lakh crore topline in 5 yearsMegha Engineering & Infrastructures Limited (MEIL) Group is set to invest up to Rs 40,000 crore in capital expenditure over the next two to...
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