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Paras Defence will launch two models of advanced drone cameras, which sell for ₹20 lakh and ₹40 lakh per piece in the import market.

The tax demand will not affect the company’s financials or operations, it said in a regulatory filing.

With an initial investment of ₹139 crore, the Kanigiri unit will convert Napier grass grown on waste and barren lands into bio-gas using sophisticated technology.

This project was awarded to AESL through a tariff-based competitive bidding process.

The Arbitral Tribunal ruled in favour of the company, ordering the government to pay the said amount plus interest at the rate of 12% per annum from the date of the award until payment.

At 8.00 AM IST, CSI 300 index was down by 22.88 points the Nikkei 225 was down by 867.32 points and the Hang Seng index was down by 352.72 points.

The shares were allotted at a face value of ₹10 each, aggregating a total investment of ₹66.5 crore.

The new factory is an initial investment of ₹900 crore in its first phase and will primarily manufacture prepared dishes and cooking aids from Nestlé India’s foods portfolio.

The company’s annual aluminium production reached 2,421 kt, registering a 2% jump on a year-on-year basis.

This contract comprises design, manufacturing, supply, transportation, installation, testing and commissioning of solar pumping systems.