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An electronic fuze is an integral component of medium to heavy calibre artillery guns which provide sustained artillery firepower for military operations.

Gujarat had in July last year announced a dedicated policy to draw new investments in the semiconductor sector by offering incentives and subsidies to start operations in the state.

UBS expects BEL to be the prime beneficiary of imports reduction and exports ramp-up in the defence space but added that recent management commentary highlighted near-term revenue disruption

Since July 2023, the company has secured a total of seven orders, amounting to about Rs 16,185 crore.

The MoU is for collaboration on technology development in the areas of hydrogen value chain and IIoT solutions for predictive maintenance of machines manufacturing processes.

Mahindra Finance will invest Rs 5 to 10 crore in the new insurance businesses, mainly towards technology set-up, manpower hiring and training and certification costs.

Analysts note that PSU banks are undervalued in comparison to private banks.

Under the project, Suzlon will install 32 wind turbine generators with a hybrid lattice tubular tower and a rated capacity of 3.15 MW each.

Moneycontrol could not immediately identify the parties involved in the transaction but reports suggested that promoter General Atlantic was looking to pare stake in the company.

The SP BSE 100 index will also see a dynamic shift as seven counters will change. As per IIFL, it is an active largecap benchmark. Tata Elxsi, Adani Power, Voltas, Bandhan Bank, Mphasis, Crompton Greaves Consumer Electricals and ACC are to be dropped from the index