Hindustan Aeronautics Limited (HAL) expects its order book to grow to ₹2.5 trillion in FY26, as orders for 97 Light Combat Aircraft (LCA) Tejas Mk-1A and 156 Light Combat Helicopters (LCH) Prachand, worth ₹1.3 trillion, are nearing final clearance. These orders are expected to be confirmed within the next 3-6 months, HAL Chairman and Managing …
On Thursday, February 13, 2025, the Indian benchmark indices Sensex and Nifty 50 are expected to open on a tepid note tracking mixed performance from global markets. Check out a few stocks that might be in focus during the trading session. Godrej Industries Godrej Industries reported a 77% year-on-year (YoY) increase in consolidated net profit, reaching …
Bharti Airtel collaborates with Nokia and Qualcomm to roll out 5G Fixed Wireless Access and Wi-Fi 6 solutions, delivering reliable, high-speed broadband connectivity in underserved areas across India, the company said in a press release on the stock exchanges. Contract Details Bharti Airtel has awarded a significant contract to Nokia and Qualcomm, aiming to expand …
Ircon International’s stock price saw a significant decline of 7.20%, trading at ₹166.90 at 11:00 AM on the NSE, down from the previous close of ₹179.85. The stock opened at ₹163.33, reached a high of ₹171.98, and a low of ₹159.61 during the session. The fall in Ircon International’s share price today extended a series of …
BEML, under India’s Ministry of Defence, has forged a strategic alliance with South Korean firm STX Engine to co-develop, manufacture, and market cutting-edge battle tank and marine engines, along with spares and engine aggregates.This collaboration extends to servicing and maintenance, ensuring India’s defence readiness while unlocking export potential to allied nations. The Memorandum of Understanding …
Vedanta Limited is involved in the production of zinc, lead, silver, iron ore, steel, copper, aluminium, and oil & gas. It is part of the Vedanta Group, led by billionaire Anil Agarwal. The company has a strong presence in India and operates globally. It is listed on the NSE and BSE in India. Fund Raise …
Coromandel International Ltd. has received a significant order worth ₹1,539 crore from the Andhra Pradesh government to expand its fertiliser manufacturing facility in Kakinada. The Industries & Commerce Department has offered a 45% incentive on eligible fixed capital investment, subject to specific conditions and compliance requirements. Government Incentives for Expansion The Andhra Pradesh government has …
State-owned Bharat Heavy Electricals Ltd (BHEL) has secured a prestigious Letter of Intent (LoI) from Damodar Valley Corporation (DVC) for the Steam Generator Island Package of the 2×660 MW Raghunathpur Thermal Power Station Phase-II project in Purulia, West Bengal. This high-value contract, worth approximately ₹6,200 crore (excluding taxes and duties), was awarded through international competitive …
Tata Consultancy Services (TCS) has signed an agreement with Muscat Clearing and Depository (MCD), Oman’s central securities depository, to modernise its depository system. This initiative aims to enhance MCD’s operational efficiency by integrating advanced digital solutions and strengthening its market infrastructure. Enhancing Market Infrastructure with TCS BaNCS TCS will implement TCS BaNCS for Market Infrastructure, …
H.G. Infra Engineering Limited (HGINFRA), in collaboration with D.E.C. Infrastructure, has secured a LOA from RLDA for the ₹2,469 crore redevelopment of New Delhi Railway Station under the EPC model, with a bid project cost of ₹2,195.68 crore. Project Award and Acceptance HGINFRA, in partnership with D.E.C. Infrastructure and Projects (India) Private Limited, has been …
