Axiscades Technologies

Axiscades Technologies Ltd’s subsidiary, Mistral Solutions, secured an order worth ₹90 crore from Bharat Electronics Limited for the design, development, and supply of eight Radar Processing Systems. The company said, these systems are intended for the Arudhra Medium Powered Radar (MPR), a 4D Radar capable of automatic detection, and tracking of various aerial targets.

Infosys Ltd has said its FY25 revenue growth is likely to between 1 and 3 per cent. The company also missed estimates on the US Dollar revenue, margin and profit front. The profit optically looks a beat but that is due to an other income component. It also declared a total dividend of ₹28 per share. The ADR slipped nearly 2.5 per cent at the NYSE.