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AEROSPACE AND DEFENCE ACQUISITION
Sterlite Tech, HFCL shares rally up to 5% after 2-day fall. What’s triggering the surge?Shares of HFCL and Sterlite Technologies surged up to 5% on Friday, recovering from a two-day decline. This rebound follows a global tech s...- The spy who hired me: Chinese agents hunt for secrets on LinkedInChinese intelligence is now using professional networking sites and job portals to find and recruit people with access to sensitive data. T...
- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
- HFCL vs Sterlite Tech: Both stocks turn multibaggers, rocket up to 375% YTD. Should you invest amid AI boom?Optical fibre makers HFCL and Sterlite Technologies are experiencing a boom, with shares surging due to massive demand for AI-driven data c...
- 110 electric buses to connect Jewar airport; UP CM reviews expressway, industrial projectsUttar Pradesh Chief Minister Yogi Adityanath has ordered the deployment of 110 electric buses for the upcoming Noida International Airport ...
- Himalaya Wealth Managers launches Rs 500 crore SME-focused AIF to bridge equity capital gapHimalaya Wealth Managers LLP has launched Himalaya SME Scheme-I, a Rs 500 crore AIF, to address the equity risk capital gap for high-potent...
- 114 Rafale jets deal moves ahead as India finalises LoR for France: ReportIndia is nearing a significant defence deal with France for 114 Rafale fighter jets, with a Letter of Request expected soon. This acquisiti...
- Jefferies raises target price of auto ancillary stock that's venturing into aerospaceJefferies has increased its target price for Belrise Industries to Rs 250, maintaining a positive outlook. The auto component maker is expe...
- Corporate India gets a call of duty and it's raring to goIn a dynamic shift, India's defence industry is witnessing a groundbreaking transformation where private corporations are spearheading pivo...
- Secular, cyclical or war-dependent: A ratio to tell you what kind of growth you are buying. 6 stocks with upside potential of up to 29%Some valuation ratios are used because they are easy. The PE ratio is one of them. It is simple, familiar, and convenient. Not only for the...
- For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
- Unimech signs deal to acquire Hobel Bellows for Rs 450 croreUnimech Aerospace and Manufacturing Limited is acquiring Hobel Bellows for Rs 450 crore. This strategic move will boost Unimech's manufactu...
- Adani Defence delivers first batch of 2,000 'Prahar' light machine guns to ArmyAdani Defence and Aerospace has delivered the first batch of 2,000 'Prahar' light machine guns to the Indian Army, manufactured under the '...
- Defence capability bristling as Rs 2.4 lakh crore fresh deals get nodThe Defence Ministry has greenlit significant procurement deals exceeding ₹2.38 lakh crore, including unmanned strike aircraft and S-400 ai...
- Drones, howitzers and missiles: Big defence decisions expected todayThe Defence Acquisition Council is set to approve significant defence deals. These include acquiring 60 medium transport aircraft and five ...
- Italy’s Poggipolini buys majority stake in Aero Fasteners to expand in IndiaIn a bold strategic maneuver, Italian company Poggipolini has taken the leap into India's aerospace and defence sector by acquiring a major...
- From Airbus parts to war drones: How Aequs is quietly building India's most ambitious defence manufacturing playAequs Limited is making significant moves in India's defence sector. The company is investing in a drone joint venture, Ajna Aerospace, to ...
- 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...
- HCL to acquire Butler America Aerospace for $85 millionThe acquisition, subject to regulatory approvals including CFIUS approval in the US, is expected to be completed by December 31, 2016.
- M&A deals in global aerospace & defence sector drop 54% in '09Merger and acquisition deals in the global aerospace and defence sector more than halved to $ 10 billion in 2009, with firms staying away f...
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