India’s Defence Ministry has received ten bids from a clutch of public and private companies who are in the race for a major Indian Air Force contract worth ₹30,000 crore, according to an ANI report. The order pertains to the procurement of 87 medium-altitude long-endurance (MALE) unmanned aerial vehicles (UAVs). The bid submission window closed…

Brokerage firm CLSA has joined the list of analysts who are bullish on shares of LG Electronics India Ltd., which is known as the Indian IPO that received the highest bids in history. 31 out of the 33 analysts who cover LG Electronics India have a “buy” rating on the stock, while one each have…

Shares of Coforge Ltd. fell 3% from their intraday highs on Wednesday, June 17, even as brokerages were largely positive on the company’s prospects after its investor day. HSBC, Nomura, Jefferies, all have a “buy” recommendation on the stock and see an upside potential of up to 43% on the stock. UBS has retained its…