According to TheFly, Cantor reiterated its $122 target on RKLB as Rocket Lab advances the Iridium transaction and racks up another successful Electron launch. Cantor sees Neutron as a potential Falcon 9 competitor and expects Rocket Lab to generate more than $900 million in revenue in 2026. Rocket Lab completed its 17th launch of 2026 … Read more
The Delhi government will roll out 150 new electric buses next month as part of a major push toward clean public transport, Transport Minister Pankaj Kumar Singh announced. The move aims to make Delhi a ‘Green Capital’ by strengthening e-bus infrastructure. In a major push toward clean public transport, the Delhi government will roll out … Read more
IIT Madras and Deendayal Port Authority hosted Parivahan 2.0, a Global Hyperloop Summit, to advance sustainable transport. The event saw an agreement between TuTr Hyperloop and L&T, aiming to boost the development of Hyperloop technology in India. IIT Madras and Deendayal Port Host Global Hyperloop Summit Indian Institute of Technology Madras (IIT Madras) on Monday … Read more
Bihar Minister Shreyasi Singh hit back at the opposition for politicising the Jamui assault video, calling it ‘narrow-minded’. She said police acted swiftly, arrested three, and a hunt is on for the main accused despite initial reporting delays. Bihar Minister Shreyasi Singh on Monday launched a sharp counter-attack against the opposition for targeting the state … Read more
Nepal’s parliament has formed a 15-member special committee to study the devastating Bhotekoshi-Trishuli floods. The committee will investigate the disaster’s causes, the impact of climate change on the Himalayas, and recommend solutions. Parliamentary Committee Formed to Address Disaster Nepal has formed a 15-member parliamentary special committee to study the devastating floods that hit the border … Read more
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Mumbai: board has approved raising up to Rs 400 crore through non-convertible debentures (NCDs), as the lender looks to strengthen its capital base. The board has also granted specific approval for issuing up to Rs 200 crore under the first tranche, according to the bank’s regulatory filing on Monday. Private Placement Route The proposed will … Read more
Mumbai: on Monday announced plans to raise ₹1,550 crore through (NCDs) on a private placement basis. The company also approved a significant increase in the capacity of its Direct Reduced Iron (DRI) plants at Ghugus and Konsari. NCD Issuance Details The Board of Directors approved the issuance of two separate NCDs, one aggregating ₹600 crore … Read more
Mumbai: prices opened the week on a subdued footing in Delhi, declining Rs 200 amid a firmer rupee, muted international bullion cues and gains in domestic equities. Gold of 99.9 per cent purity settled at Rs 1,56,400 per 10 grams on Monday, compared with Friday’s closing level of Rs 1,56,600 per 10 grams. Silver Suffers … Read more
New Delhi, Sep 21: Driven by growth in sectors like cement, electricity, and iron ore, India’s core industrial activity grew by 4.8 per cent (provisional) in August on a year-on-year basis. The growth in the Index of Core Industries (ICI) was, however, slightly less than the growth rate of 5.0 per cent recorded in July … Read more