Defence stocks rallied sharply on June 17, with broad-based gains across the sector as India's defence production reached an all-time high of Rs 1.78 lakh crore in the Financial Year (FY) 2025-26, marking a significant milestone in the country's push towards self-reliance in defence manufacturing. Paras Defence emerged as the top gainer, surging 12.89%, followed by Astra Microwave Products, which advanced 7.72%, and MTAR Technologies, up 6.99%. Data Patterns gained 4.81%, while Bharat Dynamics rose 4.39%. Among the public sector defence names, Garden Reach Shipbuilders climbed 3.67%, Hindustan Aeronautics Ltd. (HAL) added 3.51%, and Cochin Shipyard gained 3.39%. Mazagon Dock Shipbuilders rose 2.43%, while Mishra Dhatu Nigam and DCX Systems advanced 2.14% and 1.84%, respectively. Bharat Electronics Ltd. (BEL) gained 1.58%, and IdeaForge Technology rose 1.29%. Bharat Forge was the laggard within the pack, up 0.46%. The record output represents a 15.6% increase compared ...
A Bengaluru resident narrowly escaped a scam when a fake Flipkart delivery agent attempted to hand over a sealed box, claiming it contained an iPhone 15 ordered by his sister. In a Reddit post, he explained that her sister had paid in advance for the phone and opted for open-box delivery, allowing inspection before acceptance. However, the fake agent refused to open the box, raising suspicions. The resident began filming the conversation as evidence, documenting the agent's reluctance to allow him to check the package. The resident later verified the order status on Flipkart's website and contacted customer support to report the incident. Just minutes after the fake delivery agent left, the official Flipkart delivery executive arrived at the resident's home with the actual package. ''My sister brought an iPhone 15 with VIP on Flipkart sale, it was an open box delivery. This loser (guy in white) came with a big package to deliver claiming that he can't do open ...