Bharat Electronics Ltd secures a significant Rs 2,463 crore contract to supply Ashwini Radars to the Indian Air Force, developed in collaboration with DRDO. The new contract increases BEL’s total order inflow for the fiscal year to Rs 17,030 crore, highlighting its strong growth and position as a key defense supplier.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.