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₹20,000 crore market cap in last one week, reports Bloomberg. The Bloomberg report said that these 13 space and defence stocks have added over $2.50 billion (more than ₹20,000 crore) in its market cap in last one week. Those 13 Indian stocks that benefitted from successful soft landing of Chandrayaan-3 on moon includes Linde India, Centrum Electronics, Hindustan Aeronautics Ltd or HAL, Bharat Heavy Electricals Ltd or BHEL, Bharat Electronics Ltd or BEL, Larsen & Turbo or LT, Avantel, Paras Defence and Space Technologies, MTAR Technologies, Walchandnagar Industries, etc.

Nifty largecap stocks to new all-time highs on August 24 reflects the market's optimism and the growth potential of various sectors. This surge in stocks, including Bharat Electronics, Axis Bank, Dr Reddy's Laboratories, Hindustan Aeronautics, and Larsen & Toubro underscores the market's resilience and potential for growth. The data was sourced from StockEdge at 2 p.m., and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.1. Bharat ElectronicsBharat Electronics marked a historic moment by achieving a new all-time high of Rs 135.5 on August 24.

historic day for India. The country’s Chandrayaan-3 landed on the lunar south pole. We say this is a historic day for a few reasons.

Chandrayaan-3 landing: After successful landing of Chandrayaan-3 on south pole of moon, India has become fourth country in the world to achieve this feat after Russia, US and China. While it is a matter of pride for the entire nation, it has opened some avenue for revenue in future as well. According to experts, Chandrayaan-3 soft landing on moon is quite cheaper in comparison to other countries and it is going to enhance Indian contribution in global space market from around 3 per cent to the tune of 10 per cent in next decade.

Shares of companies that supply equipment and components to the space sector rallied up to 15% on Wednesday ahead of Chandrayaan-3 spacecraft’s landing on the moon. These companies added almost Rs 13,000 crore in market value on Wednesday. After trading hours on Wednesday in Mumbai, India made history becoming the first country to land on the South Pole of the lunar surface. Shares of Centum Electronics, which provides systems to the Indian Space Research Organisation (ISRO), rallied 14% on Wednesday. Godrej Industries surged 7% as its arm Godrej Aerospace supplies components to ISRO.

Tata Communications, a part of Tata Group, Wednesday said it plans to raise ₹1,750 crore through issuance of non-convertible debentures (NCDs). The deemed date of allotment of the NCDs is August 29 and they will mature after three years of the allotment date. Tata Communications in a regulatory filing said the issuance will be done on a private placement basis to eligible investors. The company will issue a total of 175,000 NCDs of face value ₹1,00,000 each aggregating to ₹ 1,750 crore, the filing said. «The NCDs are proposed to be listed on the wholesale debt market segment of the National Stock Exchange of India Limited,» it added.

NEW DELHI, BENGALURU : Sovereign wealth fund Qatar Investment Authority (QIA) has agreed to invest ₹8,278 crore ($1 billion) into the retail arm of Reliance Industries Ltd (RIL), marking a fresh round of investments into Reliance Retail Ventures Ltd (RRVL) after the country’s largest retailer raised ₹47,265 crore in 2021. QIA’s investment values RRVL at ₹8.28 trillion or $100 billion, twice its ₹4.21 trillion valuation in 2021.

TORONTO — Business software company Open Text Corp. has acquired Ireland-based KineMatik, which specializes in business process and project management.

New Delhi: India's government is likely to announce fiscal incentives for the ailing textile and apparel industry by the end of this year, partly to stave of the impact of a fall in overseas orders, a trade body said on Wednesday. The incentives could come under the production linked incentive (PLI) scheme that promises billions of dollars to boost manufacturing ranging from electronic products to pharmaceuticals. "The government could make an announcement by December," said T.

₹ 8,278 crore into RRVL, a subsidiary of Reliance Industries Limited. This investment values RRVL at a pre-money equity value of ₹ 8.278 lakh crore.

Bloomberg News, the stocks of companies related to the space sector like in the supply of equipment from electronics components to metal gears have added more than $2.5 billion in market value. Linde India's share jumped 23% this week and closed at ₹5,923 (up 2.73%) on Wednesday. Chandrayaan-3 mission required some critical modules and systems which was provided by Centum Electronics.

At a press conference soon after the Mars orbiter launch in 2013, a foreign journalist asked the same question: why should India send a mission to Mars when millions are in poverty? Then Isro Chairman K Radhakrishnan told him about the benefits of the space programme, but the journalist persisted with his argument. Many might raise the same question about Chandrayaan-3, India's third lunar spacecraft, which is scheduled to land on the Moon today. Though space research has some very obvious benefits such as telecommunication, weather forecasting, GPS, and detecting water bodies and minerals, going to Mars or landing on the Moon is seen by many as a vanity project.

Reliance Industries Ltd (RIL) on Wednesday announced that Qatar Investment Authority (QIA) will invest Rs 8,278 crore in its subsidiary Reliance Retail Ventures. This investment values Reliance Retail Ventures at a pre-money equity value of Rs 8.28 lakh crore. The investment by the Qatari fund will translate into a nearly 1% stake in the retail major. In 2020, Reliance Retail Ventures raised Rs 47,265 crore by selling a stake to various global investors.

Tamil Nadu have not been able to attract a single student in the two rounds of counselling this year. As per a TOI report, out of the total 440 engineering colleges participated in the councelling, as many as 208 colleges have been able to fill only 10 per cent of the available seats. The statistics highlight a concerning scenario, revealing that out of 64,286 students participating in the counselling sessions with scores ranging from 176.99 to 142 marks, only 35,474 were able to secure seats.

Tamil Nadu, in collaboration with the World Economic Forum, hosted a public-private discussion on Tuesday which brought together over 20 business leaders to deliberate on establishing the 'India Centre for Advanced Manufacturing' in Chennai to support companies in their innovation, sustainability, and R&D endeavors. The discussion highlighted three key focus areas for the Centre — technology adoption and innovation, industry-academia engagement, and sustainable production. Participants from various sectors, including electronics, automobile, and general manufacturing, engaged in the dialogue alongside representatives from government bodies such as the MSME Department, TIDCO, and TNSDC. “Leapfrogging into the future of manufacturing using the principles of ‘Industry 4.0’ is crucial to achieving Chief Minister Stalin’s target of a $1 trillion economy in Tamil Nadu," T.R.B.

Defense lawyers say FTX founder Sam Bankman-Fried can't adequately prepare for trial in six weeks while in jail without proper access to computers, necessary medications to help him concentrate, and a better diet than bread, water and peanut butter

new all-time highs on August 23 reflects the market's optimism and the growth potential of various sectors. This surge in stocks, including KPIT Technologies, Tata Communications, and Bharat Forge, underscores the market's resilience and potential for growth. The data was sourced from StockEdge at 12.55 pm, and the updates from the real-time data could come with a lag. The below data also pertains only to the time at which it was taken.1. KPIT Technologies KPIT Technologies reached an exceptional new all-time high of Rs 1202.

Iran’s Defense Ministry has unveiled a drone resembling America’s armed MQ-9 Reaper, claiming that the aircraft is capable of staying airborne for 24 hours and has the range to reach the country's archenemy Israel

Brazilian police have asked courts to freeze the crypto holdings of suspected electronics-trading fraudsters as part of a “mega operation.”

Meta's Facebook or Instagram and Google’s YouTube Kids will be able to directly fetch and verify documents of teenagers’ parents from DigiLocker and use it to avail parental consent, people aware of the matter, told ET. The Digital Personal Data Protection (DPDP) Act, 2023, defines children as those below 18 years, which is above the global threshold. Users above 13 years of age are allowed on many social media platforms. For users in India between 13 and 18 years of age to access any platform or avail services on the internet, apps may now have to get parental consent by verifying the identity of the children and their parents. If the parent agrees to share the data with the social media platform, she will have to enter a one-time password to provide consent.

Stocks that traded heavily or had substantial price changes Monday: Palo Alto, Earthstone Energy rise; Napco Security, Nikola fall