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Iran Says It Shot Down US MQ-1 Drone Over Territorial Waters
The IRGC said the drone entered Iranian territorial airspace with hostile intent and was brought down using advanced air defence systems.
Concord Enviro arm bags Rs 126 crore order from integrated steel manufacturer
Concord Enviro Systems announced that its wholly owned subsidiary, Rochem Separation Systems (India), has secured a Rs 126 crore order from one of India's oldest integrated steel manufacturers.
Q4 Results Today: Patanjali Foods, Easy Trip Planners, Gujarat Gas, Among Over 600 Firms To Declare Earnings
Jupiter Wagons, Titagarh Rail Systems, Som Distilleries & Breweries and Jindal Poly Films will also declare Q4FY26 results on May 30.
Power storage VGF of Rs 15,000 crore in works
India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.
Apollo Micro Systems Shares Soar 135%, But Can Growth Keep Pace With Valuation?
Apollo Micro Systems is moving from defence subsystems to complete weapons platforms as it chases larger orders and export opportunities.
Bharat Dynamics shares downgraded by Motilal Oswal, target cut by 23% after Q4 results
Bharat Dynamics’ Q4 performance came in below estimates as execution was impacted by delays in the supply of radars, seekers and other critical components for Akash and Astra Mk1 missile systems from external vendors.
Mid-tier entities in Indian BFSI under-invested in security, most exposed to cyberattacks: Report
Indian mid-tier banks and financial firms face significant cyber risks. They have embraced digital technology but lag in cybersecurity spending compared to global peers. Attackers are leveraging advanced AI, making cyber threats more potent and less costly. Many Indian CISOs report defenses are being outpaced. Institutions must now integrate AI defense with securing their own AI systems to build resilience.
Defence Boost: Govt Issues RFP To L&T-BEL, Tata, Bharat Forge-BEML For 5th Gen Stealth Fighter Jets
Bidders include L&T-Bharat Electronics Ltd., Tata Advanced Systems and Bharat Forge-BEML Ltd.
HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing
HDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are robust. This clarification follows a report about an internal investigation into Rs 45 crore payments. The payments were reportedly disguised as marketing expenses to a public sector undertaking. HDFC Bank maintains its commitment to transparency and strong governance.
One Mobikwik Systems gains on RBI nod for offline merchant business
One Mobikwik Systems rallied 3.27% to Rs 197.50 after the company received in-principle authorisation from the Reserve Bank of India to operate as a payment aggregator-physical.
MobiKwik shares surge 8% after the company gets RBI nod for payment aggregator license
One MobiKwik Systems shares surged after the company received in-principle RBI approval for its Payment Aggregator-Physical licence, strengthening its offline merchant payments business. The fintech firm also reported a return to profitability in Q4 FY26, supported by revenue growth and improving operational performance across its merchant ecosystem.
Balu Forge Industries spikes 10% on aerospace order from US Alpha Aircraft
The buying on the counter came after Balu Forge has received its first commercial purchase order for the supply of precision-engineered components to Alpha Aircraft Systems Inc