Author: Defenceline Webdesk

NavPrakriti, a lithium-ion battery recycling and refurbishment firm, has announced plans to invest over ₹100 crore in establishing a critical minerals refining facility in Odisha. According to the company, the state-of-the-art facility is expected to become operational by FY 2028–29.This marks a significant expansion of its operations, with the new plant dedicated to the extraction of cobalt, nickel, and lithium, thereby strengthening domestic supply chains and advancing India’s recycling sector.The company has recently been deemed eligible under the National Critical Mineral Mission, which supports initiatives in the extraction of key minerals.The Odisha facility will process up to 5,000 metric tons…

M. Adams, S&S The proposal calls for $57 billion across all services, requesting funds for “critical updates” to housing and facilities Source link

Tesla, Lucid Group, Rivian Automotive, NIO, and Faraday Future Intelligent Electric are the five Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks are shares of companies that design, manufacture, or supply components and services for electric vehicles (including automakers, battery producers, charging-network operators, and EV software or parts suppliers). For investors, they offer exposure to the EV sector’s growth potential driven by technology and regulation, but carry risks from high valuations, intense competition, supply‑chain challenges, and sensitivity to policy and adoption trends. These companies had the highest dollar trading volume of any Electric…

India’s indigenous TEJAS MK-2 fighter jet is entering a decisive phase as taxi trials and certification clearances progress ahead of its maiden flight expected in 2026, Zee News reported.Developed jointly by Hindustan Aeronautics Limited and the Aeronautical Development Agency, the medium-weight fighter is designed to replace ageing fleets in the Indian Air Force while enhancing strike range and payload capacity.This milestone marks a significant step in India’s defence self-reliance and air combat modernisation.The program has now moved from design maturity into advanced ground testing, with the first prototype preparing for low-speed taxi trials.The Centre for Military Airworthiness and Certification is…

Capaccio, Bloomberg The Air Force on Monday canceled RTX Corp.’s ground-control network for the US’s next generation of GPS satellites after years of delays and cost overruns Source link

Genoa Capital Gestora de Recursos Ltda. acquired a new stake in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,272 shares of the company’s stock, valued at approximately $4,296,000. iShares Core S&P 500 ETF comprises about 2.0% of Genoa Capital Gestora de Recursos Ltda.’s holdings, making the stock its 9th biggest holding. Several other large investors have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted its position in iShares Core S&P…

Japanese Kawasaki P-1 Maritime Patrol aircraft during the ILA 2018 in Berlin Schönefeld. This platform has garnered interest from other nations. Credit: Shutterstock / Andreas D. Japan has lifted enduring defence export restrictions today (21 April) The country now face an inflection point in the Pacific theatre, where Chinese military aggression threatens sovereignty The nation aims to meet allied “expectations” for interopeability in platforms, systems and maintenance across the Indo-Pacific Japan has lifted defence export restrictions today that have been in place for decades, with incremental updates, which successive governments have long attributed to the country’s position as a peace-loving…

The quick response of an Indian Air Force unit based in Haryana last May prevented what could have been a devastating strike on Delhi. During the height of the Indo-Pak conflict, a Pakistani ballistic missile, believed to be either a Fatah missile or a Shaheen-II variant, was intercepted and destroyed by the Barak-8 surface-to-air missile system operated by 45 Wing in Sirsa, citing a report from Times of India.The missile was brought down over Sirsa airspace, and parts of it were later retrieved by security forces on 10 May, with videos of the debris circulating widely online.The interception was led by…

Gabriela Bernal, The Interpreter Kim is consolidating ties with a small cluster of partners – Moscow matters, but China offers a particular prize. Source link

Shares of Adeia Inc. (NASDAQ:ADEA – Get Free Report) have received an average rating of “Moderate Buy” from the six brokerages that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $28.80. Several research firms have issued reports on ADEA. Zacks Research lowered shares of Adeia from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 26th.…