Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Omnia

Solar Industries’ defence share may fall to 22-25% by FY30 after Omnia deal: Jefferies

Solar Industries’ Omnia acquisition could reduce the defence segment’s revenue contribution to 22-25% by FY30, Jefferies said, while agriculture and explosives gain a larger share. The brokerage expects near-term EPS dilution and higher leverage but retained its Buy rating, citing potential earnings growth of over 30% and ROE above 25%.

The Economic Times

Solar Industries shares plunge 17% in 2 days. Why Jefferies, Nuvama still see up to 46% upside

Solar Industries shares have plunged over 17% in two sessions following the Rs 12,951 crore acquisition of South Africa’s Omnia Holdings. Despite the sharp correction, Jefferies and Nuvama retain Buy ratings, citing the company’s earnings growth potential, strong cash flows and strategic benefits from the acquisition and global expansion.

The Economic Times

Solar's $1.3 bn bet is a turn for India's defence-industrial complex

The piece argues that Solar Industries’ ₹12,951-crore acquisition of South Africa’s Omnia Holdings could mark a new phase for India’s defence industry, as Indian companies increasingly move beyond domestic production into overseas acquisitions, manufacturing and technology partnerships.

The Economic Times

From analysis to the latest developments in health,
read the most diverse news in one place.

Solar Industries shares crash 9% after acquisition of South Africa’s Omnia Holdings for Rs 12,951 crore

Solar Industries shares fell sharply on Tuesday after the company announced the Rs 12,951 crore acquisition of South Africa’s Omnia Holdings in an all-cash deal. The transaction, subject to regulatory and shareholder approvals, is expected to strengthen Solar’s global explosives and blasting business while expanding its presence across Africa and…

The Economic Times

Nvidia partner wants to 'beautify' data centers with the Infinity Cube concept — plans to cram 86TB DDR5 and 224 B200 GPU in a liquid-cooled 14ft cube

Infinity Cube consolidates multiple Omnia AI supercomputers into a 14ft liquid-cooled cube with extreme GPU, CPU, and memory density.

TechRadar

Patria-backed Omnia Reportedly Joins $9 Billion TikTok Data Center Project In Brazil

Omnia, a data center company owned by Brazil’s Patria Investments (NASDAQ:PAX), is reportedly participating in over a $9 billion data center project expected to have TikTok as its primary client.

Benzinga

Aku Omnia V-light GTX hiking shoes review – versatile, vegan and very environmentally friendly

We take to the trails in Aku’s Omnia V-light GTX hiker, an all-purpose shoe designed with sustainability in mind

Advnture

Read news from The Economist, FT, and more,
with one subscription

Hunter Manufacturing Awards celebrates the best of local industry

These are the top manufacturers pushing the boundaries in the Hunter

Newcastle Herald

Meta's insatiable appetite for Nvidia AI chips could add up to $7 billion worth of H100 GPUs by the end of the year

Meta bought a huge number of H100s last year. It's going to buy even more in 2024.

PC Gamer

Wrexham title winners party with superstar DJ Steve Aoki amid Las Vegas celebrations

The Welsh club co-owned by Ryan Reynolds recently secured their long-awaited return to the EFL by winning the National League title

FourFourTwo

How do you hire people with disability? Here's how a workplace can become more inclusive

A busy restaurant in Sydney has made its workplace more inclusive, finding it's been beneficial for both the business and its employees. Here's how they did it.

ABC News

Omnia sees Africa increasing farm input support amid food security fears

Fertilizer manufacturer Omnia Holdings says African governments are increasing support for smallholder farmers amid fears that input costs, driven higher after Russia's invasion of Ukraine, could cut crop production and worsen food insecurity.

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations