The two companies will focus on the urgent delivery of the Vulcano 155mm precision-guided ammunition system, a next-generation long-range artillery shell designed for enhanced accuracy and effectiveness.
Motilal’s private credit business will fall under the umbrella of Motilal Oswal Alternates, said the people, which has about $1.8 billion of assets under management, according to its website.
Under the renewed agreement, Wipro will continue to provide Metro with integrated digital services across cloud, data, application development, and AI-enabled IT support services, helping the company to cut its carbon footprint. Shares of Wipro Ltd ended at ₹254.85, up…
Reports said that United Spirits had been in talks with potential advisers as it explored options, including a partial or complete sale of the franchise. However, the British distiller has clarified, saying that it is not engaged in any discussions…
Infrastructure mutual funds have rebounded sharply, delivering over 19% in three months, led by rate cut expectations and a rally in defence-linked stocks, reversing a prolonged period of underperformance.
Together, these firms are expected to raise at least ₹2,500 crore through maiden public offerings.
HDFC Life has declared its highest-ever bonus of ₹4,102 crore, set to benefit over 21.90 lakh policyholders. This declaration coincides with the insurer’s 25th anniversary.
Abneesh Roy, Executive Director of Nuvama Institutional Equities, expects several tailwinds to support United Spirits, including an increase in retail outlets in key states like Uttar Pradesh (UP) and Andhra Pradesh, reduced taxes in Karnataka, and long-term benefits from the…
Sunil Kashyap, Director of FinMet said while gold continues to serve as a safe-haven investment, platinum has quietly outperformed, rising nearly 25% in just three weeks.
The NSE Nifty 50 edged up 4.75 points, or 0.02%, to 25,104.05, marking its fifth straight day of gains. The BSE Sensex dipped 52.93 points, or 0.06%, to 82,392.61. Market breadth favored advances with a 4:3 advance-decline ratio.