HONA Stock Jumps 9% — Honeywell Aerospace Selloff Went Too Far, Morgan Stanley Says

The newly spun-off aerospace company is now the cheapest large-cap name in Morgan Stanley’s coverage, prompting the bank to turn bullish despite lingering operational risks. Morgan Stanley upgraded HONA to ‘Overweight’ from ‘Equal Weight.’ Honeywell Aerospace trades at about 16.8 times estimated 2028 price-to-free-cash-flow, making it the cheapest large-cap aerospace stock covered by Morgan Stanley. … Read more

Fugitive ex-wrestler Amit Sheoran, wanted in opium case, arrested

Former national wrestler Amit Sheoran, a proclaimed offender wanted in a major opium smuggling case, has been arrested in Delhi. He was accused of sourcing opium to supply to wrestling training centres in Haryana and Delhi. A 31-year-old former national-level wrestler, Amit Sheoran, who had been on the run since 2023 after being declared a … Read more

YSRCP to demand discussion on alleged DSC recruitment irregularities

YSRCP MLC Ramesh Yadav alleges massive corruption in the DSC recruitment process, claiming posts were sold for over Rs 20 lakh. He announced the party will demand a dedicated discussion on the ‘irregularities’ in the Legislative Council. YSRCP to Demand Debate on DSC ‘Irregularities’ YSRCP MLC Ramesh Yadav on Wednesday said that the party would … Read more

India, Mozambique hold 3rd FOC, review bilateral partnership ties

India and Mozambique held the 3rd round of Foreign Office Consultations (FOC) in Maputo, reviewing their bilateral partnership. The talks covered political, economic, security, defence, and trade ties, aiming to advance their friendship and cooperation. India and Mozambique on Tuesday held the 3rd round of Foreign Office Consultations (FOC) in Maputo, conducting a comprehensive review … Read more

RDI Fund has stringent safeguards, carries shared responsibility: Govt

Science and Technology Minister Jitendra Singh chaired a meeting on the RDI Fund, emphasizing shared responsibility and stringent safeguards for public and private capital. He directed officials to speed up the fund disbursal process for selected firms. Science and Technology Minister Jitendra Singh on Wednesday chaired the monthly joint meeting of Science Secretaries and said … Read more

MCD reps from BJP, AAP file nominations for DDA Advisory Council

Four MCD councillors, two each from BJP and AAP, have filed nominations for membership in the DDA’s Advisory Council. The election for the four representatives is scheduled to take place during the MCD’s meeting on August 24. Four representatives from the Municipal Corporation of Delhi filed their nominations on Wednesday for membership of the Delhi … Read more