Author: Defenceline Webdesk

Bartlett & CO. Wealth Management LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,128,349 shares of the computer hardware maker’s stock after buying an additional 17,278 shares during the period. NVIDIA makes up about 2.8% of Bartlett & CO. Wealth Management LLC’s portfolio, making the stock its 8th largest position. Bartlett & CO. Wealth Management LLC’s holdings in NVIDIA were worth $210,438,000 at the end of the most recent reporting period. Other large…

The Defence Research and Development Organisation has achieved a notable milestone with the rollout of the Vikram VT21 Advanced Armoured Platform in its wheeled configuration.Developed by the Vehicle Research and Development Laboratory in collaboration with TATA Advanced Systems Limited and Bharat Forge Limited, the project was completed in a record time of three years.This rapid development underscores India’s growing capacity for indigenous defence innovation and its commitment to equipping the armed forces with modern, mission-ready systems.The wheeled variant of the Vikram VT21 has been specifically designed to fulfil Infantry Combat Vehicle and Armoured Personnel Carrier roles. It provides advanced protection…

BOCHK Asset Management Ltd grew its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 69.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,120 shares of the e-commerce giant’s stock after buying an additional 7,000 shares during the quarter. Amazon.com accounts for 1.1% of BOCHK Asset Management Ltd’s holdings, making the stock its 8th largest holding. BOCHK Asset Management Ltd’s holdings in Amazon.com were worth $3,952,000 at the end of the most recent quarter. Several other hedge funds have also made changes to their positions in the…

Hyderabad-based space start-up Skyroot Aerospace has flagged off its Vikram-1 rocket to Sriharikota, marking a decisive step towards India’s first privately built orbital mission.The company is targeting a June launch window, which would represent a historic milestone for the country’s emerging private space sector.The space-ready payload fairing, designed to protect satellites during flight, was ceremonially flagged off by Telangana chief minister A Revanth Reddy at Skyroot’s Hyderabad facility.This event underscores the growing political and industrial support for private space ventures in India, which are seen as central to achieving the government’s ambition of a $45 billion space economy driven by…

BOCHK Asset Management Ltd lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 146.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,200 shares of the computer hardware maker’s stock after purchasing an additional 12,600 shares during the period. NVIDIA comprises approximately 1.1% of BOCHK Asset Management Ltd’s investment portfolio, making the stock its 7th largest holding. BOCHK Asset Management Ltd’s holdings in NVIDIA were worth $3,954,000 as of its most recent SEC filing. A number of other hedge funds also recently made…

An indigenously developed 30 kW Wide Band Gap (WBG)-based Integrated Drive System (IDS) for electric vehicle applications was launched in Chennai.The technology has been developed by the Centre for Development of Advanced Computing (C-DAC), Thiruvananthapuram in collaboration with the Indian Institute of Technology Madras and Lucas TVS under the National Mission on Power Electronics Technology (NaMPET).The launch represents a significant advancement in strengthening indigenous capabilities in advanced power electronics. The 30-kW power class is particularly relevant for India’s fast-growing electric passenger vehicle segment, including compact cars and fleet mobility platforms.At present, a large share of high-performance EV powertrain systems and…

CCLA Investment Management decreased its holdings in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 1.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 705,021 shares of the software giant’s stock after selling 8,642 shares during the quarter. Microsoft accounts for about 5.4% of CCLA Investment Management’s holdings, making the stock its 2nd largest holding. CCLA Investment Management’s holdings in Microsoft were worth $340,948,000 as of its most recent SEC filing. Other large investors also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC raised its…

Union Minister Jyotiraditya Scindia has announced the establishment of a major defence arms manufacturing plant by the Adani Group in Kolaras, located within his Guna parliamentary constituency.The project, valued at ₹2,500 Crores, represents a significant investment in Madhya Pradesh’s industrial landscape and is expected to generate around 2,000 direct jobs.Scindia made the announcement during his visit to the Shivpuri-Kolaras area, emphasising that the facility would be operational within two months.The plant will be strategically situated near the junction of the Kota Highway and the Mumbai-Gwalior Highway, approximately 70 kilometres from Guna. Its location is intended to address the long-standing demand…

FSM Wealth Advisors LLC decreased its stake in Alphabet Inc. (NASDAQ:GOOGL – Free Report) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 23,812 shares of the information services provider’s stock after selling 2,692 shares during the quarter. Alphabet accounts for about 1.0% of FSM Wealth Advisors LLC’s portfolio, making the stock its 22nd largest position. FSM Wealth Advisors LLC’s holdings in Alphabet were worth $7,453,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds also recently modified their holdings…

Amara Raja Energy & Mobility has outlined its plans to commence bulk production of lithium-ion cells in 2027, marking a significant step in India’s evolving electric vehicle ecosystem, reported ET News.Vikram Gourineni, the company’s executive director, cautioned that locally produced cells will initially carry a minimum 15 per cent price premium over imports.He explained that building a meaningful upstream ecosystem, from raw materials to components, will take time, noting that China spent two decades developing its supply chain. Until domestic manufacturers reach a scale of 8–10 GWh and a supporting supply chain emerges, the economics will not favour EV makers.The…