HAL, BEL Key Beneficiaries Of Defence Acquisition Proposals: Kotak Equities

Hindustan Aeronautics Ltd (HAL) and Bharat Electronics (BEL) are likely to be the key beneficiaries of the latest capital acquisition proposals worth Rs 1.10 lakh crore approved by the defence ministry, analysts said.

The Defence Acquisition Council (DAC) on September 7 accorded Acceptance of Necessity (AoN) for procurement proposals worth Rs 1.1 lakh crore, spanning the Army, Navy and Air Force. 

According to Kotak Institutional Equities, nearly 98% of the value is earmarked for domestic industry, making this one of the largest single-sitting indigenous clearances on record. 

For the Indian Army, approvals cover CBRN recce vehicles, high mobility vehicles, self-propelled mechanical mine layers, advanced light helicopters (ALH Dhruv), trawl tanks and Sarvatra bridge systems. 

For Navy, the DAC cleared Arudhra medium-power radars and marine gas turbines for warship propulsion, a pointed import-substitution move. 

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For Air Force, approvals span war-fighting enhancements across fighters, transport aircraft and helicopters, ground-based multi-purpose jammers and a tri-service defense forces secure access card (RFID) system.

“Unlike the import-heavy March 2026 sitting (S-400, medium transport aircraft), this package is a Buy-Indian / IDDM opportunity, with BEL and HAL the likely multi-item beneficiaries,” said Kotak Institutional Equities.

With this, cumulative AoNs since FY24 crossed Rs 18 lakh crore. However, the brokerage firm noted that AoN is an in-principle first step, while RFP-to-contract typically lags two years, so order accrual will be in FY2027-29E. It estimates Rs 6.5 lakh crore – Rs 7 lakh crore of new orders over FY2027-29E as these convert.

BEL, HAL Key Beneficiaries

According to Kotak Equities, BEL screens as the standout multi-item winner present across CBRN systems, Arudhra radars, ground-based jammers, IAF EW upgrades and secure-access cards, extending a visible pipeline after Rs 6,200 crore of order wins earlier in FY2027.

HAL is the biggest single-ticket beneficiary via ALH Dhruv (sole OEM), marine gas-turbine assembly and IAF platform upgrades.

Within the land systems ecosystem, the brokerage firm believes BEML, Larsen & Toubro (L&T), Ashok Leyland Defence, Tata and Bharat Forge stand to gain from high-mobility vehicles, mine-layers, trawl tanks and Sarvatra bridges, a rare large land-mobility clearance.

Kotak Institutional Equities said HAL is its preferred pick in the sector. It has an ‘Add' rating on HAL shares with a target price of Rs 5,305 apiece. It has a ‘Reduce' call on BEL shares with a target price of Rs 420. 

The brokerage firm has maintained its ‘Sell' ratings on Mazagon Dock Shipbuilders, Cochin Shipyard and Solar Industries shares.

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BCCI Breaks Silence On Team India's Asian Games Accommodation Controversy

The Indian cricketers competing at the upcoming Asian Games in Japan will stay at the designated accommodation arranged by the Organising Committee though they are not the five-star hotels they usually get on foreign tours, BCCI vice-president Rajeev Shukla said on Tuesday. Shukla said the issue on the accommodation of the hotels for the cricketers had arisen due to the scarcity of top-rated hotels in Nagoya. He, however, said accommodation of the cricketers was not a big issue and the BCCI and the players are satisfied with the arrangement.

"Whatever they (organisers) are providing, we are staying there and we are keeping a watch what kind of accommodation is being given so that our players are comfortable. Definitely those are not of five-star but a good accommodation," Shukla said at the send-off ceremony of the Indian contingent .

"Whatever has been offered to our cricketers that accommodation we have got the photographs all the way and the videos also of that, so I think it's comfortable. They (cricketers) will be going and staying there because otherwise the options were to make them stay in Osaka or Tokyo that's far away." Indian Olympic Association (IOA) President PT Usha also said that the problem has been sorted out but there still remains some lack of clarity over who booked the rooms for the cricketers.

"No problem, I think. We have already booked (the hotels). For every player, we cannot book hotel rooms because the accommodation is (not) like (Athletes') Village. They (organisers) are providing a ship and small villas also," Usha told PTI.

"We also booked the hotel rooms for the players (other athletes). And the cricketers, BCCI, also have booked the hotel for them. Whatever the best hotel is there in Nagoya or Japan, whatever it is, the best one, the cricketers will get it, just like others (other athletes) get." Shukla said that the cricketers will not be staying at the twin-sharing rooms but in separate ones. The team will leave for Tokyo on September 20 and play a historic T20 against Japan on September 22. India open their Asian Games campaign on September 28.

"The problem was that Nagoya hasn't got many hotels. Tokyo is one and a half hour by bullet train, so is Osaka. But in the Asian Games, all the participants are like families, it doesn't look nice that some teams stay in Tokyo and some in Osaka so it has been decided that our players will live at hotel accommodation there (at Nagoya)." He sought to downplay the accommodation issue, saying the the main issue was the condition of the ground, wickets and dressing rooms.

"The big issue big issue was the ground, wicket and dressing rooms. They (organisers) have addressed those things. Asian Cricket Council's team had gone there and now they (ACC team) are satisfied with the ground, the wickets and dressing rooms, everything is fine." Asked who has arranged the accommodation of the cricketers, Shukla said, "That's being organized by Indian Olympic Association, Asian Games Organising Committee and Japan Cricket Association.

"At the ACC meeting in Bangkok, which I had also participated, 52 representatives from various countries were there. We had a full presentation by Japanese representative and he has assured us that all the arrangements will be made keeping in mind the comfort of the players. They have provided the hotels. If there are gaps or loopholes we will address it." He, however, refused to comment on the details of the hotels the players will stay.

"I haven't got hotels detail, so I cannot comment on that but definitely comfortable accommodation will be provided." India are the defending champions in both the men's and women's competition in the last Asian Games in China.

"India will definitely do well there. We also have a match on September 22 (India vs Japan for Suzuki Cup). It will be the first match in Japan. It's being organized very well as far as Asian Games are concerned. We sending our B team is complete rumour. Or full contingent is going with the most talented players and I hope that we'll definitely win."

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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Parineeti Chopra Makes Series Debut With Netflix's Shaque

Actor Parineeti Chopra's upcoming Netflix series Shaque: Trust No One is all set for a September premiere. 

The makers announced that the series will be releasing on September 24. 

Created by Rensil D'Silva and Siddharth P. Malhotra, directed by Rensil D'Silva, and backed by Alchemy Films, Shaque: Trust No One explores the blurry lines between trust and suspicion, instinct and truth, love and obsession.

The ensemble is led by Parineeti Chopra, which also marks her series debut. 

Director and co-creator Rensil D'Silva said, "Shaque is a thriller built on uncertainty. Every revelation raises another question, and every relationship has another layer waiting to be uncovered. What fascinated me was the opportunity to tell a suspenseful story through the deeply emotional journey of a mother who has spent nine years refusing to give up," as per a press release. 

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Speaking about the project, Tanya Bami, Series Head, Netflix India, shared, "Shaque is a gripping emotional crime drama with elements of a thriller, but at its heart, it is a story about a mother's relentless nine-year search for her child. The story effortlessly moves between the emotional intensity of a mother's search and the tension of a tightly woven thriller. The characters are central to this journey, each carrying their own conflicts and secrets, constantly shifting our understanding of what has happened and where the truth lies," the release added. 

Thrilled for his fourth outing with Netflix, creator and producer Siddharth P. Malhotra further added, "When Rensil narrated the story to me, I was hooked. There was something about the world he had created that immediately stayed with me, and I knew I had to be a part of it - that this was a story that needed to be told. Being involved with Rensil as a co-creator and producer, alongside Sapna, has been an absolute pleasure. Shaque: Trust No One is relentless, nerve-wracking, emotional and incredibly pacey. It has everything I look for in a great thriller - a deeply emotional core, complex relationships, unexpected twists and the constant feeling that you are one step away from the truth. It explores that uncomfortable space where trust begins to break down and every relationship starts carrying a question."

Meanwhile, the ensemble cast features Soni Razdan, Anup Soni, Jennifer Winget, Tahir Raj Bhasin, Harleen Sethi, Dhruv Chowdhary, and Sumeet Vyas.

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Duleep Trophy Final: Ishan Kishan Slams Superb 100, Misery For Tilak And Co.

Duleep Trophy Final Highlights, East Zone vs South Zone: East Zone captain Ishan Kishan led the way with a fabulous hundred against Tilak Varma-led South Zone on Day 1 of the Duleep Trophy 2026 final, as they ended on 385/4 in 79 overs at Stumps. Ishan Kishan (111*) and Kumar Kushagra (63*) remained unbeaten at the end. Earlier in the day, Earlier in the day, 15-year-old sensation Vaibhav Sooryavanshi slammed a quickfire 44. His opening partner Abhimanyu Easwaran made 72, and No. 3 batter Shikhar Mohan scored 85. For South Zone, experienced left-arm seamer Chama Milind picked up two wickets, but pace spearhead Mohammed Siraj went wicketless. (Scorecard) (Catch Ball By Ball Updates Here)

Here are the Highlights from East Zone vs South Zone Duleep Trophy 2026 Final Day 1:

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White House Reviews Candidates To Potentially Replace Steve Feinberg

Senior officials at the White House have been quietly vetting potential replacements for Deputy Secretary of Defense Steve Feinberg. 

Reuters reported that the vetting effort dates back to at least June, with two of its sources saying White House officials had sounded out senior Senators on whether prospective nominees could win confirmation.

One source indicated the exercise was still active as recently as late August, though the outlet could not pin down exactly when the search began or who was being considered.

The administration, meanwhile, insists no such process exists and that Feinberg remains firmly in his post.

Both the White House and the Pentagon rejected the report outright. White House spokeswoman Anna Kelly dismissed the sourcing behind the story, while Defence Secretary Pete Hegseth said Feinberg had his complete backing and was "doing a tremendous job."

The Pentagon separately denied that any replacement search was under way and declined to make Feinberg available to comment directly.

Should Feinberg eventually depart, it would represent the most senior casualty yet in a Pentagon that has already churned through several top officials under Hegseth.

Army Secretary Dan Driscoll stepped down this week after a prolonged rift with the defence secretary, following earlier exits by Navy Secretary John Phelan and multiple senior Army figures.

Much of the internal friction traces back to the private-equity billionaire's struggle to deliver on a pledge to speed up US munitions output, a goal complicated, analysts say, by a defence-industrial base that cannot expand output fast enough and by Congress's sluggish pace in approving funding.

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The Washington Post reported this month that Hegseth privately blamed Feinberg during a meeting with Trump at Camp David for allowing stocks of long-range missiles and air-defence interceptors to fall. The White House has rejected that account.

Feinberg has also faced questions on Capitol Hill. Senator Elizabeth Warren has raised concerns over whether his former firm, Cerberus Capital Management, could benefit from Pentagon contracts linked to the Golden Dome missile-defence programme.

Pentagon spokesman Sean Parnell said Feinberg had fully left Cerberus and no longer handled any dealings between the firm and the department.

The scrutiny comes as Trump has become increasingly frustrated with the six-month-old war with Iran and the lack of a breakthrough, even as he has publicly played down concerns about depleted US munitions.

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Heavy Rain Disrupts Delhi Airport Operations; Nine Flights Diverted, Over 400 Delayed

Nine flights were diverted and more than 400 delayed at Delhi's Indira Gandhi International Airport (IGIA) on Friday as thunderstorms and heavy rain disrupted flight operations.

According to an official, four flights each were diverted to Jaipur and Lucknow, while one was diverted to Ahmedabad.

The diversions took place between 3:30 p.m. and 4:30 p.m., PTI reported, citing an official. Heavy rain lashed several parts of the national capital on Friday afternoon.

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More than 400 flights were delayed at Delhi airport on Friday, according to flight-tracking website Flightradar24.com.

Lucknow Airport said four flights bound for Delhi were diverted to Lucknow due to adverse weather conditions in the national capital:

• QP 1821: Bengaluru-Delhi | Arrived at Lucknow at 4:37 p.m.
• AI 484: Ludhiana-Delhi | Arrived at 4:50 p.m.; departed at 5:51 p.m.
• AI 2516: Indore-Delhi | Arrived at 4:58 p.m.
• AI 2541: Hyderabad-Delhi | Arrived at 5:06 p.m.

Separately, Jaipur Airport said five flights inbound to Delhi were diverted to Jaipur due to adverse weather.

Several airlines also issued travel advisories as the weather disrupted operations.

IndiGo said adverse weather over Delhi had affected flight schedules and advised passengers to check their flight status before leaving for the airport and allow additional travel time.

Travel Advisory

Bad weather over #Delhi has impacted flight schedules.

We are closely monitoring the weather and doing our best to get you where you need to be, safely and smoothly.

If you're travelling today, we recommend checking your flight status on our website via…

— IndiGo (@IndiGo6E) September 4, 2026

Air India similarly warned that flight operations to and from Delhi could be affected and urged passengers to check the latest flight status before travelling to the airport.

#TravelAdvisory

Flight operations to and from Delhi may be affected due to adverse weather conditions today.

To ensure a smooth travel experience, we encourage our passengers to check the latest flight status at the following link before heading to the airport:…

— Air India (@airindia) September 4, 2026

Akasa Air also said severe weather conditions in Delhi had affected certain flights across its network.

#TravelUpdate: Due to severe weather conditions in Delhi certain flights across our network have been impacted.

We realize that this may inconvenience your travel plans and seek your patience and understanding. While this situation is completely beyond our control, please rest…

— Akasa Air (@AkasaAir) September 4, 2026

The India Meteorological Department issued a red alert for heavy rainfall in parts of Delhi-NCR as thunderstorms and heavy rain continued.

Delhi Airport said water had accumulated in the airport forecourt and on the approach road following the downpour. Airport authorities said the water was cleared quickly and measures were being taken to ensure smooth operations.

Several parts of Delhi also reported waterlogging following the heavy rain.

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Palam recorded the highest rainfall, at 72.2 mm, between 2:30 p.m. and 5:30 p.m., according to the Regional Meteorological Centre in New Delhi.

Narayana recorded 54 mm, followed by Janakpuri at 48.5 mm, Lodhi Road at 34.6 mm and Safdarjung at 32.6 mm during the same period.

Other locations also recorded significant rainfall, including Pusa at 29 mm, Jharoda Kalan at 25 mm, Ridge at 20 mm, Chhatarpur at 15 mm and Ayanagar at 12 mm.

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Bethlehem Kudumba Unit Box Office Collection Day 13: Film Sees Slight Dip

Bethlehem Kudumba Unit witnessed another midweek slowdown on Day 13, with its India net collection dropping 12.6% from the previous day.

Nivin Pauly and Mamitha Baiju starrer earned Rs 4.50 crore net in India on its 13th day, taking its total India net collection to Rs 98.10 crore. The film's India gross has reached Rs 114.50 crore, according to Sacnilk.

The film added another Rs 3 crore from overseas markets on Day 13. Its overseas gross now stands at Rs 109 crore, while the worldwide gross collection has reached Rs 223.50 crore.

State-Wise Gross Collection

Kerala continued to lead the film's state-wise earnings, contributing Rs 4.65 crore in gross on Day 13. Karnataka added Rs 30 lakh, while Tamil Nadu recorded Rs 17 lakh. Andhra Pradesh and Telangana contributed Rs 3 lakh, with the rest of India adding Rs 10 lakh. The total stood at Rs 5.25 crore.

Box Office So Far

Bethlehem Kudumba Unit began its theatrical run with Rs 4.90 crore on Day 1. It then earned Rs 7.15 crore on Day 2 and Rs 8.80 crore on Day 3.

The film collected Rs 6.90 crore on Day 4, followed by Rs 7.90 crore each on Days 5 and 6. Day 7 brought Rs 8.75 crore, taking the first-week India net total to Rs 52.30 crore.

The film maintained its strong run through the second weekend, earning Rs 9.55 crore on Day 8, Rs 10.20 crore on Day 9 and Rs 10.40 crore on Day 10. Collections slowed during the weekdays, with Rs 6 crore on Day 11, Rs 5.15 crore on Day 12 and Rs 4.50 crore on Day 13.

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About The Film

Directed by Girish A.D., Bethlehem Kudumba Unit features Nivin Pauly and Mamitha Baiju in the lead roles. Vinay Forrt, Bindu Panicker, Shyam Mohan, Suresh Krishna, Shameer Khan and Srindaa are also part of the cast.

The story follows Ashley after she returns home from abroad. A wedding in the neighbourhood brings back memories of her first love, Justin, setting up a story about love, family, memories and second chances.

Vishnu Vijay composed the music, while Ajmal Sabu worked as the cinematographer and Akash Joseph Varghese handled the editing. The Malayalam romantic comedy was released in theatres on August 21, 2026.

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