The use of the advanced rifle sights by the Israeli defence forces (IDF) in the ongoing war with the Hamas and Hezbollah in Gaza and Lebanon will soon result with more contacts including from countries in South America.

Welcome to the future of aerial innovation with RRP S4Es groundbreaking collaboration with Microavia, introducing the extraordinary Drone in the Box technology proudly MAKE IN INDIA. Experience the seamless fusion of Russian precision and Indian ingenuity as we unveil a revolution in autonomous flight.

Mumbai (Maharashtra) [India], June 10: In a groundbreaking move set to redefine aerial surveillance, Mumbais RRP Drones Innovation Pvt Ltd, led by Rajendra Chodankar, has announced a strategic partnership with UAE-based technology leader Microvia. Together, they will introduce the innovative Drone in a Box solution, a product designed for diverse applications ranging from military operations to civilian use.

Sterlite Power and Transmission Ltd., India\'s largest private sector power transmission company, plans to build close to $4 billion worth of transmission assets in partnership with sovereign wealth fund GIC. The company entered into a joint venture with GIC in March, with the aim of partaking in substantial part of the $50 billion worth of transmission projects that the central and state governments will award in the next six to seven months.

Sterlite Power Transmission Limited (SPTL), is to demerge into two entities: Global Products and Services - Manufacturing units and BOT Operator - Building and operation of transmission assets.

Power transmission company Sterlite Power has achieved financial closure for its Neemrana II Kotputli Transmission project by securing ?13.73 billion (~$164.85 million) funding from Power Finance Corporation (PFC).

Global private equity giant Blackstone on Monday announced its debut in the Indian healthcare market with the acquisition of a majority stake in Hyderabad-based CARE Hospitals, which in turn has inked a definitive agreement to acquire a majority stake in Kerala-based KIMSHEALTH from PE player True North.

Religare Ent Kickstarts #IPO Process For #CareHealth Insurance May Raise ?1,500-2,000 Cr; IPO To Have Secondary, Primary Sale Funds To Be Used To Enhance Solvency, Support Growth At Care Health Religare Ent Along With Other Shareholders May Sell Stake

The New Delhi-based financial services firm Religare has said that the remuneration, including salary and employee stock options (ESOP), was ?42.06 crore for the financial year ending March 2023.

AC Sales in India. 2018 - 41 Lakh Units 2019 - 75 Lakh Units 2020 - 34 Lakh Units 2021 - 53 Lakh Units 2022 - 95 Lakh Units (Estimate) As per the report in March itself it has crossed 15 Lakh + Units. Major Demand in Delhi, Hariyana, UP, Maharashtra & Gujarat.

The study demonstrates a wonderful rise, with sales rising by 61% from the previous year to 266 cr in 2023 as opposed to 165 in 2022. The pat also saw strong growth from the prior year of 159%, from 42 crore in 2022 to 109 crore in 2023. Additionally, the eps climbed from 3.96 in 2012 to 10.28 in 2023.

Carrier, the global leader in air conditioning and refrigeration solutions, is set to make a significant investment in India. David Gitlin, Chairman & CEO of Carrier, in an interview to CNBC-TV18 stated that they plan to invest another $800 million in India over the next five years.

State Bank of India (SBI) Chairman Dinesh Khara reiterated that the bank has no plan to list its AMC business - SBI Mutual Fund or SBI Funds Management despite premium valuations commanded by peers HDFC AMC and Nippon AMC.

SBI Mutual Fund (SBI MF) made history by becoming the first fund house in India to reach Rs 10 trillion in assets under management (AUM). This milestone reflects SBI MF\'s effective navigation of the post-pandemic equity boom and increased mutual fund investing awareness. The equity market rally and an expanding investor base drive the sharp growth in AUM.

SBI Mutual Fund, India’s biggest assets management company (AMC) in terms of assets under management, has become the first mutual fund house in the country to cross Rs 10 lakh crore in Average Asset Under Management (AAUM) as on June 3.

New Delhi: Vikram Solar Ltd, a leader in the solar energy sector, has brought on board Narayan Lodha as its Chief Financial Officer (CFO), in a strategic move to amplify its operational and market expansion efforts.

Vikram Solar on Thursday announced securing a 250 MW solar module supply order from Gujarat Industries Power Company Ltd (GIPCL). It has received a Letter of Intent (LoI) from GIPCL, Vikram Solar said in a statement.

Vikram Solar announces resolutions for private placement and Articles of Association updates. The company will issue up to 5,99,54,996 equity shares at Rs. 122 per share, raising Rs. 731.45 crore from specified non-promoter investors to expand its investor base and raise additional capital.

The centre has allowed the import of urea through India Potash Limited for another year until March 2024, the Directorate General of Foreign Trade said in a notification.

The Notice has given for the following adoption of financial statement, Declaration of dividend , Re- appointment of shri Prem Chandra Munshi, Mukesh Puri, and Sudhakar Telang who retires from rotation. To ratify the cost Auditors for teh financial year2023-2024 and fix there remuneration.

According to the Directorate General of Foreign Trades (DGFT) notification, import of urea (agricultural grade) on government account is allowed through Indian Potash Ltd …till March 31, 2025.

Aditya Birla Group (ABG) and Tata Sons are currently in competition for the title sponsorship rights of the Indian Premier League (IPL). Bids for this highly sought-after marketing opportunity had to be submitted by January 12.

New Delhi: Bollywood actress Katrina Kaif is likely to join the fan-favorite Indian Premier League franchise, Chennai Super Kings as its brand ambassador. MS Dhoni’s CSK will be entering the upcoming edition of IPL 2024 as the defending champions and Katrina Kaif joining the franchise will only add more to their already humongous brand value.

NEW DELHI: The value of the Indian Premier League (IPL) increased by 6.5 per cent, reaching USD 16.4 billion (approximately Rs 1,34,858 crore) in 2024, as reported by American investment bank Houlihan Lokey.

The recent alleged HDB Financial Services data breach has come in at a time when breaches and hacks are assuming a common place stature. A bank data breach continues to raise brows - and understandably so since the BFSI is a highly regulated domain.

HDFC Securities on September 25 announced the launch of HDFC SKY, a discount broking all-in-one app for investing and trading at one-price slab of Rs 20. This fee is similar to that of online broking platforms Groww, 5Paisa and Zerodha.

We are pleased to inform that the Board of HDFC Securities Limited at its meeting held on 1st March 2024 has approved the issue of shares on the Rights Basis in the ratio of 2 equity shares of Rs. 10/- each for every 19 equity shares held by the Shareholders, at a premium of Rs. 5,899/-. the Board has fixed Monday, 11th March 2024 as the record date for the purpose of determining the eligibility for Rights Issue.

Mobikwik is planning to raise “less than ?1,000 crore” through its proposed IPO which is expected to hit the markets next financial year, said Upasana Taku, chairperson and co-founder of the digital banking platform, on Thursday.

Mobikwik is planning to raise “less than ?1,000 crore” through its proposed IPO which is expected to hit the markets next financial year, said Upasana Taku, chairperson and co-founder of the digital banking platform, on Thursday.

A few companies including fintech player Mobikwik are facing delays in getting approval from the Securities and Exchange Board of India (SEBI) for their initial public offerings (IPOs) as past share sales by investors/shareholders of these companies have been found to not be compliant with the Companies Act, sources told Moneycontrol.

The Competition Commission of India (CCI) has cleared Manipal group chief Ranjan Pais investment in online pharmacy PharmEasy, according to the latest filing by the antitrust regulator. An additional investment from 360 One (formerly IIFL) in PharmEasy has also been cleared.

Barely a month after the Competition Commission of India (CCI) greenlit PharmEasy’s INR 3,500 Cr rights issue, the digital pharmacy has raised INR 1,804 Cr ($216.2 Mn) in a down round led by the family office of Manipal Group chairman Ranjan Pai.

The medicine is usually available in big pharmacies around four kilometres away from her home in Mysuru, but the technologist in her 30s wanted to save time on travel.

SoftBank-backed hospitality company Oravel Stays, the parent company of Oyo Hotels and Homes, has withdrawn the draft prospectus filed with the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO).

Fitch Ratings upgraded the rating of OYO parent firm Oravel Stays citing improved financial profile.

Fitch Ratings has upgraded the long-term foreign and local currency issuer default ratings of OYO\'s parent company, Oravel Stays, from \'B-\' to \'B\' with a \'Stable\' outlook. This upgrade reflects the company\'s improved financial profile. The rating on Oravel\'s $660-million senior secured term loan facility, due in 2026, has also been raised from \'B-\' to \'B\'. This follows OYO\'s recent $195 million (Rs 1,620 crore) debt buyback.

Audio products and smartwatch maker boAt’s sales crossed the INR 3,000 Cr mark in the financial year ended March 31, 2023. The Delhi NCR-based startup’s operating revenue rose 18% to INR 3,376.7 Cr in the financial year 2022-23 (FY23) from INR 2,873 Cr in the previous fiscal year.

In recent years, Reliance Jio, under the direction of Akash Ambani, has launched a number of ground-breaking innovations. These goods are reasonably priced and designed to appeal to a wide range of consumers. Regarding a novel product that belongs to the same category, Akash Ambani spearheaded Dependency Jio has joined together with Boat, a domestic consumer technology startup. Boat has introduced the Lunar Pro LTE smartwatch in India, with famed Shark Tank judge Aman Gupta leading the charge. Being the first smartwatch from the brand to offer LTE is the new Boat Lunar Pro LTE. Boat and Jio have partnered to provide eSIM connectivity, enabling users to stay connected without constantly carrying their smartphones. Thus, users will have the ability to create

The adoption of wearable devices is progressing rapidly. Apple, Xiaomi, Samsung, and Huawei are in the fray for the top spot But in 2023, an Indian brand has emerged as a formidable force in this global race of wearable devices.

HDFC Bank has set the ball rolling for the much-anticipated initial public offering of its subsidiary HDB Financial Services. The country\'s largest lender by market capitalisation intends to schedule the launch of the share sale in its financial services arm in the last quarter of calendar 2024 or the first quarter of 2025, said sources familiar with the development.

Indias largest private lender HDFC Bank has initiated plans for the highly awaited initial public offering (IPO) of its subsidiary HDB Financial Services, as per an Economic Times report citing sources.

Bank of Tokyo-Mitsubishi UFJ (MUFG) is buying a 20% stake in HDB Financial Services, a non-banking subsidiary of HDFC Bank at a $9-10 billion valuation, ahead of its proposed IPO, said people aware. The final decision is likely to take place next week at the HDFC Bank board meeting, said people in the know. Once announced this will be among the largest deal in the shadow banking space in India.

Religare Enterprises Limited (REL) has announced that its owned subsidiary Religare Finvest Limited (RFL), has completed the OneTime-Settlement (OTS) with 16 lenders on Wednesday, as per an official release.

He main contributor in the increase in Gross Direct Premium was Health Insurance which increased from ₹3,425.50 crore in FY22 to ₹4,697.64 crore in FY23. The Market Cap/Gross Direct Premium stands at 2.69 & The Market Cap/Net Premium Earned stands at 3.52 for FY23.

Religare Enterprises Ltd is in early talks with private equity (PE) investors to sell 6-7% in its subsidiary Care Health Insurance Ltd to raise as much as ₹1,200 crore, three people close to the matter said.

Global private equity giant Blackstone on Monday announced its debut in the Indian healthcare market with the acquisition of a majority stake in Hyderabad-based CARE Hospitals, which in turn has inked a definitive agreement to acquire a majority stake in Kerala-based KIMSHEALTH from PE player True North.

Religare Ent Kickstarts #IPO Process For #CareHealth Insurance May Raise ?1,500-2,000 Cr; IPO To Have Secondary, Primary Sale Funds To Be Used To Enhance Solvency, Support Growth At Care Health Religare Ent Along With Other Shareholders May Sell Stake

The New Delhi-based financial services firm Religare has said that the remuneration, including salary and employee stock options (ESOP), was ?42.06 crore for the financial year ending March 2023.

Get the latest insight on the National Stock Exchange on bonus issues and financial results at the upcoming board meeting on May 3, 2024.

NSE excels in FY23-24, surpassing USD 1B in profits. Explore the latest announcements on dividends and bonus shares!

In a recent conference call, NSE India shared significant insights regarding its business operations, financial performance & strategic initiatives.

Just so colourful! We\'re referring to the recently released limited edition shoes created in collaboration between Crocs and Bira 91. The well-known and incredibly comfy Crocs have undergone a fun makeover, and the Classic Clogs include the go-to alcoholic favourite Bira\'s distinctive monkey logo and other essential icons that make the footwear ideal for young people in metropolitan areas. Funky and fashionable, a pair of these can spice up your wardrobe and have your friends hounding you for more information.

Delhi NCR-based beer brand Bira 91’s revenue inched closer to the INR 1,000 Cr mark in the financial year 2022-23 (FY23). The popular beer maker reported an operating revenue of INR 824.3 Cr in the year ended March 31, 2023, an increase of 15% from INR 718.8 Cr in the previous fiscal year.

B9 Beverages, the maker of Bira 91 beer plans to raise Rs. 400 crore in fresh funding. The funds are set to come from existing investors as well as a new one. The current investors include Japan\'s Kirin Holdings, Sequoia Capital and Sofina of Belgium. The company plans to raise finds to expand its current business.

New Delhi: B9 Beverages, maker of Bira 91 beer and owner of The Beer Cafe pub chain, is set to raise Rs 400 crore ($50 million) of fresh funds, executives close to the development said. The money, from existing investors as well as a new one, will be used to expand business.

Japanese beverages group Kirin Holdings is investing $25 million (about ?205 crore) to buy an additional minority stake in B9 Beverages, the maker of craft beer Bira 91 and owner of pub chain Beer Cafe, executives aware of the development said.

Private equity fund Tiger Pacific Capital has acquired close to 4% of B9 Beverages, maker of Bira 91 beer and owner of pub chain The Beer Cafe, for $25 million (Rs 207 crore).

The report contains audited the financial statements of Xerox India Limited which comprise the Balance Sheet as at March 31, 2022, and the Statement of Profit and Loss including Other Comprehensive Income, Statement of Changes in Equity and Statement of Cash Flows for the year then ended, and notes to the financial statements, including a summary of significant

The fair value of the equity shares of the Company as at 31.03.2022 is INR 74.10 (Rupees Seventy Four and Paise Ten Only) per share as per the KPMG Valuation Report and INR 70.20 (Rupees Seventy and Paise Twenty Only) per share as per the GT Valuation Report. After due consideration and detailed deliberations in relation to the valuation of equity shares, including the valuation methodologies considered by the Registered Valuers set out in their respective Valuation Reports, the Audit Committee (in its meeting held on 22.09.2022) had approved and proposed to the Board of Directors of the Company for their consideration, a per share value of INR 74.10/-

Reduction of Share Capital by paying off, cancelling and extinguishing in aggregate 14,96,973 equity shares of INR 10/- (Rupees Ten) each held by the Public Shareholders of the Company, i.e. members other than the Promoters/Holding Companies of the Company