Sharif begins 3-day Saudi visit, pushes defence ties amid West Asia escalation

Nomura increased Ather Energy’s target price, expecting electric two-wheeler trends to accelerate. The brokerage sees Ather as a top pick to benefit from this EV momentum. New affordable scooter launches and a new plant will address a key market segment. Revenue growth is projected at 54% and 57% for FY27 and FY28. EBITDA is expected…

In a significant advancement, the US Army successfully demonstrated a hypersonic warhead utilizing a cannon-based launch system derived from the previously cancelled Strategic Long Range Cannon program. The testing occurred at Yuma Proving Ground, showcasing how this innovative method can drastically lower costs associated with developing hypersonic weapons, leveraging technology from the abandoned SLRC initiative…

Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering. The issue was subscribed 129 times, indicating strong market sentiment for the company. A grey market premium of Rs 158 suggests potential listing gains for investors. Kusumgar’s shares are scheduled…