CHEETAH MOBILE
HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore
India’s Defence Acquisition Council approved defence procurement proposals worth ₹2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Drones, guns, helicopters: DAC clears Rs 2.12 lakh crore defence buys
On October 26, the Defence Acquisition Council granted Acceptance of Necessity for various capital acquisition proposals. The total worth of these proposals is approximately Rs 2,12,000 crore for the armed forces. A significant portion, about 82%, will be sourced from the Indian industry to promote domestic procurement. The approved procurements encompass a diverse array of platforms and weapons for all three armed forces.
5 stocks with consistent score improvement and upside potential of up to 30% in 1 year, according to analysts
When the profit a company is expected to earn gets marked down, the price the market will pay for its stock has to come down too. That has not quite happened, which is why valuations are still high in many parts of the market. So, don’t assume all the damage is already done just because the market has had a few bad days.
Defence stocks: Time to change strategy in a bearish market? An ecosystem with down and upside potential of -39% to plus 37%
The current fall is both at the level of the indices and the broader market. And when the selling is this broad, almost every sector is affected. But they do not all feel it equally, and it is worth knowing why every sector behaves differently at different points of time. Stock Reports Plus, powered by Refinitiv, is a comprehensive report that evaluates five key components of 4,000+ listed stocks – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardised scores. The simple average of the above-mentioned five component ratings is normally distributed to reach an average score.
Project Cheetah in India completes one year with highs and lows
India's ambitious project Cheetah on Sunday completed one year after the first batch of eight Namibian cheetahs was released in Madhya Pradesh's Kuno National Park (KNP) by Prime Minister Narendra Modi on his birthday on September 17, 2022.
Tiger population at 3,167: PM Modi unveils figures on 50th anniversary of Project Tiger
The Prime Minister lauded India’s spirit of protectiveness and conservatism, attributing the success of Project Tiger to “sabka prayas” (everyone’s efforts). “With only 2.5% of the world’s area, we contribute around 8% of the world’s biodiversity. We do not assume conflict between ecology and economy, we promote coexistence,” he said.
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Alibaba added to SEC's delisting watchlist, shares fall
Alibaba's shares were down 11% at $89.37 at the closing bell, ending the month 21.4% lower. The e-commerce giant's shares were already feeling the pressure after reports suggested Ma was planning to cede control of financial technology firm Ant, an affiliate of Alibaba.
Indian unicorns double in 2021; regulatory scene forcing some startups to leave: Report
Even as, cumbersome regulations are forcing startups to leave India and settle in other countries where they enjoy better treatment, as per the Hurun India, which prepared the list.
Tata-backed startup Goqii to launch two smart health devices
The wearable devices-maker Goqii, also funded by Paytm founder Vijay Shekhar Sharma said it had raised over USD 30 million recently
Chinese tech companies are facing an unlikely problem in India
Chinese phones dominate India. But when it comes to retaining talent, these cos have a different story to tell.
Content is the closer future, robotics is the longer future
We are going big time into robotics.We have a fully-owned subsidiary running it in China as there are lot of hardware manufacturers there.
Freecharge founder Kunal Shah to lead 20 Indian CEOs to China
The focus of the week-long trip is to invite Chinese companies to set up businesses in India, seek investment opportunities in Indian start-ups.
Chinese investors like Tencent,Cheetah Mobile and Baidu look for funding India’s internet companies
Chinese conglomerate Fosun Group; Shunwei Capital Partners, the venture capital firm led by smartphone maker Xiaomi’s founder Lei Jun.
GOQii adds ex-Google exec Amit Singhal to board of directors
Prior to Google, Amit Singhal worked at AT&T Labs, where he conducted extensive research in IR and database programming.
Chinese big data giant Cheetah Mobile hints at new products, overseas growth
Cheetah Mobile's CEO indicated he would rely on India for user acquisition, through strategic tie-ups with the likes of Indian consumer electronics leader Micromax.
India second most affected with Android malware: Cheetah Mobile
In 2015, Cheetah Mobile detected over 13,00,000 malicious websites. The number of malicious sites increased month on month, reaching its peak in Dec.
Chinese VC firms set aside Rs 300 crore to invest in Indian mobile internet companies
Earlier in September, ET reported that the APUS entity had set aside Rs 100 crore to invest in early-stage firms over the next 3-4 years.
GOQii raises Rs 88 crore funding led by Cheetah Mobile, New Enterprise Associates
Cheetah Mobile’s investment may also help in GOQii’s expansion in China and on mobilie platforms such as the Mi user interface of Xiaomi.
Beware of this un-installable Android virus
This malware is seemingly impacting 14,846 types of phones consisting of 3,658 brands. Over 1,44,199 devices are impacted in India alone.
Chinese apps see a space in utility
Comanies are eying fundamental needs of India's users long ignored by biggies like FB, Twitter and Tinder.
Chinese apps like Baidu, Cheetah Mobile eye fundamental needs of Indian users ignored by Facebook, Twitter
“Most security applications in the United States require users to pay for these apps. The free motto is very special to us,” said CEO Fu Sheng.
Chinese firm Cheetah Mobile to launch ad platform in India
Cheetah Mobile, maker of the popular Clean Master app, will be launching its ad platform in India, barely two months after setting up an office.
Mobile analytics firm App Annie to set up shop in India
On Wednesday, App Annie said it had acquired Canadian mobile measurements firm Mobidia for an undisclosed sum to provide usage intelligence.
No fee refund to new telecom licence applicants if found ineligible: DoT
The licensing wing of the Department of Telecom (DoT) has said the new telecom licence applicants who will be issued Letters of Intent (which is the first step towards launching mobile services in India) will not be refunded the entry fee of Rs 1,650 crore, bank guarantees and all other fees paid by them if they are found to be ineligible later.
DoT gives cos 3 days to complete papers
DoT gives time 16 cos till Thursday to provide clarifications and make corrections to their applications.
16 more set to join spectrum queue as Dot readies LoIs
Each firm will have to pay Rs 1,651 cr licence fee for a pan-India licence (less if applied only for some circles) and wait in queue. Video revolution on internet
Mobile tariffs may move south
India’s telecom tariffs, the lowest in the world, can fall further by over 50% to about 40p per minute.
DoT wants cos to not read UASL as mobile licences alone
New players in the race to start mobile services such as DLF and Unitech may not be able to fulfil their aspirations even if they manage to bag a telecom licence as this is not a guarantee of getting spectrum.
Unitech to dial into mobile market
In a move that could lead to a churn in the telecom sector, real estate major Unitech has decided to enter mobile telephone service in all 22 circles of the country.
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