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Hindustan Aeronautics Ltd. could be headed for a valuation re-rating as visibility improves on deliveries of the Tejas Mk1A fighter, which accounts for 43% of the company’s order book, Jefferies said. The brokerage retained its Buy rating and Rs 6,800 target price, citing stronger-than-expected delivery guidance from HAL management.
Spark marks a striking family-led entry into Indian cinema for the Vashistha family, whose GAP Studios is making its first production with a bilingual investigative drama in Kannada and Hindi. Led by Niranjan Sudhindra in the role of a journalist exposing a major bank scam, the film blends corporate ambition, personal passion and a multi-generational creative effort.
India's election commission has ordered a review of recent voter-roll changes, a move that comes amid growing scrutiny over the integrity and administration of the country's electoral lists. The decision has triggered fresh political debate, with opposition parties and government allies alike weighing in after the poll body clarified the scope of its actions.
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