The National Stock Exchange has formally restarted its long-delayed journey to the stock market, filing draft papers with Sebi for an estimated $2-3 billion initial public offering nearly nine years after its first listing attempt was derailed by the co-location controversy, according to an ET report.The draft red herring prospectus (DRHP) proposes an offer for…

Airbus selects Indamer Technics to set up South Asia’s first radome repair facility in Nagpur to boost regional MRO support. NEW DELHI: European aerospace major Airbus has selected Indamer Technics to set up South Asia region’s first comprehensive radome repair facility in Nagpur, India, strengthening its regional aftermarket support. Under this service agreement, Airbus has…

The price band for the issue has been set at Rs 1,700-1,785 per share, while each lot consists of eight shares. NSE IPO GMP: On the last day of the National Stock Exchange of India (NSE) initial public offering (IPO), its grey market premium or GMP was hovering around 3%. Today is the final day…

The 1,110-kg test vehicle, developed at Donghu Laboratory, achieved the milestone in its latest trial China has pushed maglev technology into a speed range far beyond conventional high-speed rail, with an experimental train car reaching 800 kmph in only 5.3 seconds on a 1-km test track in Hubei.The 1,110-kg test vehicle, developed at Donghu Laboratory,…