Author: Defenceline Webdesk

PTC Industries Limited has emerged as a technologically capable player in the production of Single Crystal blades for high‑performance turbofan engines.In October 2025, the company received a Purchase Order from the Gas Turbine Research Establishment, part of the Defence Research and Development Organisation, for post‑cast operations to manufacture Single Crystal ‘Ready‑to‑Fit’ turbine blades.The announcement was made during the Lokarpan Ceremony of the Titanium & Superalloys Materials Plant at PTC’s Strategic Materials Technology Complex in Lucknow, in the presence of the Honourable Defence Minister Rajnath Singh and the Honourable Chief Minister of Uttar Pradesh Yogi Adityanath. This underscored the strategic importance of…

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AE Wealth Management LLC boosted its holdings in shares of Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 632.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 167,561 shares of the natural resource company’s stock after purchasing an additional 144,674 shares during the quarter. AE Wealth Management LLC’s holdings in Freeport-McMoRan were worth $8,510,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Shelton Wealth Management LLC raised its stake in Freeport-McMoRan by…

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The Gas Turbine Research Establishment (GTRE) is actively seeking Indian Original Equipment Manufacturers (OEMs) to establish infrastructure for the production of indigenous aero gas turbine engine components.This initiative is directly linked to the ongoing development of an advanced high-thrust class jet engine, which is under progress at GTRE. The move represents a significant step in India’s drive towards self-reliance in critical defence technologies, particularly in the domain of propulsion systems for advanced combat aircraft.The establishment of such infrastructure is crucial for ensuring that India can design, manufacture, and sustain complex aero engine technologies without relying on foreign suppliers.By involving Indian…

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Chicago Capital LLC purchased a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 19,585 shares of the business services provider’s stock, valued at approximately $1,316,000. Several other institutional investors have also made changes to their positions in FISV. Capital World Investors increased its holdings in Fiserv by 35.2% in the third quarter. Capital World Investors now owns 25,781,919 shares of the business services provider’s stock worth $3,324,073,000 after buying an additional 6,714,536 shares during the last quarter. Barclays PLC lifted its…

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ISRO has successfully concluded Mission Mitra, a four-day training exercise in Ladakh, undertaken as part of preparations for the Gaganyaan human spaceflight programme.The exercise was staged in Ladakh’s harsh environment, where freezing cold and low oxygen levels replicate some of the extreme conditions astronauts may face. By simulating such challenges, ISRO sought to evaluate the adaptability and resilience of its ground support teams.The central aim of Mission Mitra was to test how effectively ground crews could collaborate and respond when confronted with unexpected difficulties.The exercise placed them in scenarios that demanded quick thinking, flexibility, and teamwork under pressure. These conditions…

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NestYield Total Return Guard ETF (NYSEARCA:EGGS – Get Free Report) was the target of a significant decline in short interest during the month of March. As of March 31st, there was short interest totaling 8,453 shares, a decline of 16.2% from the March 15th total of 10,092 shares. Based on an average daily volume of 3,396 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.7% of the company’s stock are short sold. NestYield Total Return Guard ETF Trading Up 0.6% NYSEARCA EGGS opened at $36.94 on Friday. The firm’s fifty day simple moving average is $36.14 and its two-hundred…

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Iran’s Islamic Revolutionary Guard Corps (IRGC) Navy has imposed strict new navigation rules in the Strait of Hormuz, intensifying the already fraught maritime situation amid the United States’ continued blockade of Iranian ports.Despite Tehran’s announcement of reopening the strategic waterway, the IRGC has declared that only civilian vessels using routes officially designated by Iran will be permitted passage, while military ships are categorically barred from transiting the strait.According to Iranian state media, the IRGC outlined four key directives governing maritime movement. Civilian vessels must adhere strictly to Iranian-designated routes, safe passage will only be granted under Iranian regulations, and all…

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United Microelectronics Corporation (NYSE:UMC – Get Free Report) gapped up before the market opened on Friday . The stock had previously closed at $10.62, but opened at $11.85. United Microelectronics shares last traded at $11.5480, with a volume of 3,102,373 shares trading hands. Wall Street Analyst Weigh In Several brokerages have recently weighed in on UMC. BNP Paribas Exane upgraded shares of United Microelectronics from an “underperform” rating to a “neutral” rating and set a $8.60 price objective on the stock in a research note on Tuesday, March 31st. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of…

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