Azad Engineering Ltd has signed an 8-year long-term contract and price agreement with Mitsubishi Heavy Industries (MHI), Japan, to supply complex hot-section nozzle vane segments for gas turbine engines. The company said it has been selected as a single-source supplier,
Dividend Alert: Navratna PSU stock Indian Renewable Energy Development Agency Limited (IREDA) share price will be in focus on Friday, March 27, after it announced an interim dividend for the financial year 2025-26. The dividend was announced after market close
Wadhwani Foundation CEO Ajay Kela asserts India’s prime position to spearhead technology diffusion, enabling widespread access and impactful applications for millions of users nationwide. IMAGE: Illustration: Dominic Xavier/Rediff.com Key Points India has a major opportunity to lead in the diffusion
Union Minister Ashwini Vaishnaw convenes a key meeting to propel India’s advancements in Artificial Intelligence, emerging technologies, and electronics manufacturing, underscoring the nation’s commitment to digital self-reliance and global leadership in AI. Key Points Union Minister Ashwini Vaishnaw highlighted the
The Indian government has extended the RBI’s inflation target of 4% until 2031, reinforcing its commitment to price stability and economic growth. Illustration: Uttam Ghosh Key Points The Indian government has mandated the RBI to maintain retail inflation at 4%
Agnikul Cosmos, an Indian space startup, has achieved a breakthrough by successfully testing ‘Agnite’, a 3D-printed rocket engine that promises faster production and enhanced control for future space missions. Photograph: Kind courtesy AgniKul Cosmos Key Points Agnikul Cosmos successfully tested
Non-banking financial company Capri Global Capital Ltd on Wednesday (March 25) said it has authorised the establishment of a Global Medium Term Note (GMTN) programme for an aggregate amount of up to $1 billion, under the US Securities Act of
OnePlus India CEO Robin Liu has resigned as the company grapples with declining shipments and increased competition in the smartphone market, raising questions about the future strategy of the brand. Photograph: Ashish Narsale/Rediff, Prasanna D Zore/Rediff Key Points OnePlus India
Powerica’s IPO witnessed a slow start, being subscribed only 1% on its first day, prompting investors to analyse the power solutions provider’s market potential and future growth prospects. Illustration: Dominic Xavier/Rediff Powerica IPO Day 1 Subscription Status and Investor Response
Sebi suggested a cap of Rs 50,000 per investor per financial year for investments made through gift PPIs. Photograph: Francis Mascarenhas/Reuters Key Points These PPIs will be funded only through electronic bank transfer or UPI Sebi suggested a cap of
