Tejas Networks, a telecom and network firm, on Thursday said an arm of Tata Sons will acquire controlling stake in it for nearly Rs 1,890 crore in a multi-step deal. The company has executed definitive agreements with Panatone Finvest, a subsidiary of Tata Sons (Tata group holding firm), it said in a statement. As part of the agreement, the company will make a preferential allotment of 1.94 crore equity shares at a price per equity share of Rs 258 per share aggregating to Rs 500 crore to Panatone.
This is the second-worst performance by the pack during this period over the last five years since CY20.
Over 50 per cent, or 660 stocks, from the BSE 1000 index recorded negative returns during CY25.
'The heat shield technology for re-entry vehicles was first mastered in DRDO for the Agni missile.' 'This is why the Americans were so opposed to Agni in the 1980s, unlike other missiles -- it was a re-entry vehicle.'
After Operation Sindoor, the Army and Navy now view the IAF as not a supporting arm, but the spearhead of India's warfighting capability, capable of decisive outcomes across domains, explains Air Commodore Nitin Sathe (retd).
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
Vietnam was wonderful and the people warm and hospitable, Radhika Mittal discovered over a 11-day stay.
Shares of Tata Group companies on Thursday rose up to 10 per cent, with Tata Chemicals and Tata Teleservices among the major gainers. Tata Sons Chairman Emeritus Ratan Tata, who played a key role in transforming the group into a global conglomerate, passed away late on Wednesday. He was 86. "Investors can pay tribute to Ratan Tata and the great corporate empire he built by buying stocks like TCS, Tata Motors, Tata Steel, Tata Consumer and Indian Hotels.
India's Republic Day parade featured a tri-services tableau showcasing the country's increasing focus on enhancing synergy among its armed forces. The tableau, themed "Shashakt aur Surakshit Bharat" (strong and secure India), displayed a battlefield scenario with indigenous military equipment, including the Arjun main battle tank, Tejas MKII fighter aircraft, and the destroyer INS Visakhapatnam. The display highlighted the Ministry of Defence's commitment to boosting tri-services synergy and jointness in preparation for future conflicts.
Tata Consultancy Services (TCS) is set to secure a $2 billion deal from Bharat Sanchar Nigam (BSNL) to roll out its 4G and 5G services across the country. However, the final approvals from the publicly-owned telco may take a couple of months, sources in the know said. As part of the deal, TCS will develop 4G core and Radio Access Network (RAN) technology for BSNL's telecom services.
'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).
Ravi Teja is among the over 10 Tollywood (Telugu film industry) personalities, including actors and directors, to be summoned by the ED.
Rekha Jhunjhunwala's net worth has increased by more than 7 per cent, or Rs 2,865 crore, compared to less than 1 per cent rise in the BSE Sensex.
The Tata group's tryst with mobile services, with either CDMA or GSM technology, did not really fly, forcing it to close operations and write off losses. Now the group is back in the big game, this time straddling the telecom equipment, network and technology space in India as well as the global market. To this end, it is leveraging the opportunities that flow from 5G technology through open radio access network, or O-RAN. Recently, the Tata Sons' subsidiary Panatone Finvest acquired 43.3 per cent in Bengaluru-based telecom equipment manufacturer Tejas Network for Rs 1,850 crore and announced it would buy another 26 per cent of the voting capital through an open offer.
The mega procurement proposal will shortly be placed before the Defence Acquisition Council, the defence ministry's top body on procurement, they said.
India-born Gururaj Deshpande, chairman of Tejas Networks, A123 and Akshaya Patra, has been appointed co-chairman of United States President Barack Obama's National Advisory Council on Innovation and Entrepreneurship. He will support Obama's innovation strategy by helping develop policies that foster entrepreneurship, create jobs and drive economic growth.
Teja is among the 12 personalities from the Telugu film industry summoned by the SIT.
Innovations in India for India on the upswing
England will be looking to bounce back from a rain-affected opening match and solidify their T20 World Cup campaign
Aeron Systems, founded in 2008 by Ashvani Shukla and Abhijit Bokil, is looking to contribute to programmes such as the Tejas light combat aircraft
Prime Minister Narendra Modi will launch the much-awaited 5G services in India on October 1, 2022, an official release said on Friday. According to the release, 5G to be launched by the Prime Minister in select cities, will progressively cover the entire country over the next couple of years. The cumulative economic impact of 5G on India is estimated to reach $450 billion by 2035. Capable of supporting ultra-high-speed internet services, the fifth generation or 5G is expected to unleash new economic opportunities and societal benefits, serving as a transformational force for Indian society.
Amazon Prime Video has announced 69 assorted Web series and movies, and the slate sure looks interesting.
Death of a princess, deadly Godzilla and detectives galore on OTT this week.
Afghanistan (6 points) will not only look to secure two points against the Dutch (4 points) but also aim to win big and improve the net run-rate
Missing the deadline for filing Income Tax returns can lead to consequences.
The Chief of Air Staff, addressing a press conference ahead of the Air Force Day on October 8, asserted that the IAF will continue to remain deployed along the frontier in the region till complete disengagement takes place in the remaining contested areas.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
For the first time, the MiG-29K fighter aircraft undertook night landing on indigenously-built aircraft carrier INS Vikrant, a feat described by the Indian Navy as a 'historic milestone'.
In the not too distant future, you could see 5G technology being used for functions such as remotely-performed robotic surgeries, mine equipment operated remotely or cars driven by someone sitting hundreds of miles away. While these ideas will certainly find application globally, the urgent need for them in India could spur swifter adoption here than elsewhere.
With the spectrum auction now delayed till at least next May, the expected 5G orders for telecom equipment have not been sealed, the companies point out. Surajeet Das Gupta reports.
The ministry's year-end review is silent on the continued occupation by Chinese troops of territory that India has always claimed and patrolled.
While its operating radius remains secret, a back-of-the-envelope calculation indicates it can easily strike targets 1,000 kilometres away and return to base.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The S&P BSE Midcap and the S&P BSE Smallcap indices under-performed to lose 0.8% and 1.6%
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
'Is it advisable to have more number of scrips in small quantities or a few scrips in big quantities?'
The Republic Day parade, which will begin at around 1030 am, will be a unique mix of the country's military prowess and cultural diversity, depicting the country's growing indigenous capabilities, Nari Shakti and emergence of a 'New India'.
Burned by the shooting down of a MiG-21 aircraft and the capture of its pilot after a dogfight over the India-Pakistan border in February 2019, CATS eliminates the need to send pilots into enemy air space.
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