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India Business News: Elon Musk to meet with Indian spacetech startups in India to explore potential opportunities for SpaceX and Starlink. Meeting to include Hyderabad-based companies like Skyroot Aerospace and Bengaluru-based startups like Pixxel and Digantara.
Centum Electronics: An investment of ₹1 lakh in this stock 3 and 5 years ago would have resulted in ₹4.64 lakh and ₹5.16 lakh, respectively.
Space-related stocks surged up to 7% in early trade after the Union Cabinet approved amendments in the FDI policy for the space sector, allowing 100% FDI. This move aims to attract overseas players and private companies. MTAR Technologies saw a 7% surge in intraday trade.
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Hindustan Aeronautics Ltd (HAL), Coal India, Aurobindo Pharma, MSTC, PFC and Apollo Hospitals Enterprise Ltd will turn ex-dividend on Tuesday. Choice International Ltd shares will turn ex-bonus today.