Author: Defenceline Webdesk

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…

Greenberg Financial Group purchased a new stake in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 19,777 shares of the software giant’s stock, valued at approximately $9,565,000. Microsoft comprises approximately 3.9% of Greenberg Financial Group’s holdings, making the stock its 8th largest holding. A number of other hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Microsoft by 1.1% during the first quarter. Vanguard Group…

India has reportedly signed a deal to acquire Russian missiles designed to target support aircraft, as its rivals Pakistan and China continue to integrate their aerial weapons systems.Russia has cleared the export of around 300 R-37M ultra-long-range air-to-air missiles in a deal worth approximately US$1.2 billion, according to media reports.Deliveries could begin within 12 to 18 months, while India’s indigenous ASTRA MK-2 and MK-3 missiles are expected to become operational around the same period, SCMP reported.The R-37M is among the longest-range air-to-air missiles, with an operational reach of 300–400 kilometres. It is intended to strike airborne early-warning and tanker aircraft,…

Financial Consulate Inc. lessened its stake in Microsoft Corporation (NASDAQ:MSFT – Free Report) by 48.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,313 shares of the software giant’s stock after selling 7,877 shares during the period. Microsoft comprises about 0.5% of Financial Consulate Inc.’s portfolio, making the stock its 21st biggest position. Financial Consulate Inc.’s holdings in Microsoft were worth $4,020,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors also recently made changes to…

India is set to acquire approximately 300 Russian R-37M very long-range air-to-air missiles in a deal worth around $1.2 billion, intended to arm its frontline Su-30MKI fleet.The R-37M, often described as an “AWACS killer,” has a reach of 300–400 kilometres, a blistering Mach 6 speed, and employs a lofted trajectory to strike high-value airborne assets.These include airborne early warning and control aircraft, aerial refuelling tankers, and electronic warfare platforms, which are critical enablers of modern air operations.The decision follows lessons drawn from Operation Sindoor, which highlighted India’s beyond-visual-range (BVR) gap against Pakistan’s PL-15 missile.By integrating the R-37M, India seeks to…

Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of Microsoft Corporation (NASDAQ:MSFT – Free Report) by 6.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,977 shares of the software giant’s stock after purchasing an additional 4,068 shares during the period. Cliftonlarsonallen Wealth Advisors LLC’s holdings in Microsoft were worth $30,940,000 at the end of the most recent quarter. Several other institutional investors and hedge funds also recently bought and sold shares of the company. BLVD Private Wealth LLC lifted its holdings in Microsoft by…