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Indian defence stocks experienced a downturn on Thursday as investors engaged in profit booking after a robust three-month rally. The Nifty India Defence Index declined by 2%, with Bharat Dynamics leading the losses after a 'neutral' rating from Motilal Oswal. Analysts attribute the correction to stretched valuations and easing geopolitical tensions, despite long-term growth optimism and buy-on-dips recommendations.
To enhance toll plaza efficiency and prepare for digital upgrades, NHAI is cracking down on 'loose FASTags'. This move aims to ensure FASTag authenticity and ETC system integrity before implementing annual passes and multi-lane free flo ...more
STPI and IICA sign MoU to collaborate on capacity building, advocacy, research, and publication for a skilled tech workforce
With a proposed equity dilution of over 10%, the company is targeting a market capitalisation of around ₹50,000 crore
GSI conducts advanced rare earth mineral exploration in West Bengal, preparing blocks in Bengal and Assam for auction within a year
Tesla has officially entered the Indian market, securing a trade certificate from the Maharashtra transport department. This allows the EV giant to commence sales, display vehicles, and offer test drives, with the inaugural showroom sla ...more
Silver prices in India soared to a record high, surpassing Rs 1.11 lakh per kilogram, driven by global trade tensions and expectations of a dovish US Federal Reserve. This surge mirrored international trends, with spot silver climbing t ...more
The Creta, which turns 10 this year, has garnered more than 1.2 million sales since its launch. What’s the secret behind its unabated run?
Reliance Infrastructure sees its credit rating soar. India Ratings and Research elevates the company's rating significantly. This follows Reliance Infra's successful debt reduction. The company now boasts net zero debt. Timely debt serv ...more
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