Author: Defenceline Webdesk

Braun Stacey Associates Inc. trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,115,635 shares of the computer hardware maker’s stock after selling 12,744 shares during the period. NVIDIA comprises 6.7% of Braun Stacey Associates Inc.’s portfolio, making the stock its largest position. Braun Stacey Associates Inc.’s holdings in NVIDIA were worth $208,066,000 at the end of the most recent quarter. Several other hedge funds and other institutional investors have also…

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The ground-breaking of India’s first Advanced 3D Glass Semiconductor Packaging Unit, backed by Intel, is scheduled to take place on 19 April 2026 in Bhubaneswar. This marks a significant milestone in India’s semiconductor journey, positioning Odisha as a global hub for cutting-edge advanced packaging technologies.The establishment of this facility represents a strategic leap in India’s ambition to achieve self-reliance in semiconductor manufacturing, while simultaneously attracting global investment and expertise into the country’s growing technology ecosystem.The Advanced 3D Glass Semiconductor Packaging Unit will focus on next-generation packaging solutions, which are critical for enhancing performance, reducing energy consumption, and enabling miniaturisation in…

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Farther Finance Advisors LLC lifted its stake in shares of Eli Lilly and Company (NYSE:LLY – Free Report) by 30.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,145 shares of the company’s stock after acquiring an additional 7,338 shares during the period. Farther Finance Advisors LLC’s holdings in Eli Lilly and Company were worth $33,471,000 as of its most recent SEC filing. A number of other large investors have also made changes to their positions in the stock. 10Elms LLP boosted its stake in shares…

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India’s Defence Research and Development Organisation (DRDO) is working on an ambitious new hypersonic missile program known as Project Vishnu. This system is designed to achieve speeds of up to Mach‑8, equivalent to around 10,000 kilometres per hour, making it virtually impossible for even the most advanced air defence systems such as the American THAAD or the Russian S‑400 to track and intercept. The missile is intended to provide India with a decisive edge in modern warfare, where speed and survivability against layered air defences are critical. At the heart of Project Vishnu lies the Extended Trajectory Long Duration Hypersonic…

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Hyderabad-based Apollo Micro Systems has achieved a significant milestone by securing a licence to manufacture arms of calibre above 12.7 mm.This licence covers a wide spectrum of advanced weaponry, including missiles, anti-tank guided missiles (ATGM), torpedoes, underwater mines, aerial bombs, rockets, and loitering munitions. The development marks a major step forward for the company, which has steadily expanded its footprint in India’s defence manufacturing ecosystem.The licence grants Apollo Micro Systems the authority to produce heavy-calibre weapon systems that are critical for modern warfare. Missiles and ATGMs form the backbone of precision strike capabilities, while torpedoes and underwater mines are essential…

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BOCHK Asset Management Ltd boosted its holdings in shares of JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 34.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,400 shares of the financial services provider’s stock after acquiring an additional 1,900 shares during the period. JPMorgan Chase & Co. comprises about 0.6% of BOCHK Asset Management Ltd’s portfolio, making the stock its 13th largest position. BOCHK Asset Management Ltd’s holdings in JPMorgan Chase & Co. were worth $2,384,000 at the end of the…

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