The partnership will also develop CUAS technologies, which are focused on identifying and mitigating drone-based threats to provide a robust aerial security solution.
The project is domestic and has a timeline of 18 months for completion, in accordance with SEBI rules. The total contract value stands at ₹156.36 crore.
Following the acquisition, T Steel Holdings Pte Ltd will continue to be a wholly owned subsidiary of Tata Steel.
The company’s board proposed a final dividend of ₹7 a share for the financial year 2023-24.
The agreement, which is discussed up to April and approved by Pfizer's Board of Directors, will be for five years, with discussions ending on 21 February 2025.
Top gainers in Sensex include Tata Steel (2.32%), Larsen (1.38%), HCL Tech (0.82%), NTPC (0.66%).
Ashok Leyland’s revenue for the December quarter grew 2.2% to ₹9,478.7 crore as compared with ₹9,273 crore in the year-ago fiscal.
The DCT system enables continuous communication between the ship and the shore arms, with high precision, speed, security, and reliability of critical maritime operations.
Additionally, under the terms of agreement, ITI Limited has already received the first tranche of ₹100 Crore from C-DoT on February 19, 2025.
Tata Power has already established a sturdy digital foundation as it has migrated 23 mission-critical applications to AWS
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