News Overview

This greenfield initiative represents the largest private sector defence project in India, with an estimated investment of ₹10,000 crore over the next decade.

It is expected to be completed in 30 months from the signing of the agreement or site handover.

In June, reports suggested that Airtel was in discussions with Vodafone Plc to acquire the remaining 3% stake in Indus Towers, as Airtel already owned 49% at the time.

The net NPA ratio stood at 0.98%, slightly higher than 0.90% in the previous quarter, but better than 1.30% in the same quarter of FY2024.

The hotel will be conveniently located 14 km from Kalaburagi Airport and 6 km from the railway station, with easy access to public and private transport.

PhonePe expanded its services by leveraging its UPI network to offer insurance, mutual funds, and EDI-based merchant lending, increasing customer loyalty.

The company is collaborating with Kotak Mahindra Capital for the QIP, with more banks expected to join the process.

Currently, Mazagon Dock shares have a face value of ₹10 each. The board also reviewed a new dividend proposal.

In addition, Ambuja Cements will gain access to an extra 6 MTPA of capacity in Northern India by utilizing Orient Cement's premium limestone reserves in Rajasthan.

By 15:13 pm on Tuesday, the second day of subscription, the issue had been subscribed 9.96 times, with bids for 8,90,51,970 shares.