Grupo Televisa, SAB - Depositary receipt (TV) price target increased by 44.56% to 4.93

NCLT’s Mumbai bench admitted Punjab National Bank’s Section 7 insolvency petition against TV Vision Ltd, triggering CIRP over an alleged ₹294.65 crore default. Alok Kumar Murarka was appointed IRP and the board’s powers were suspended. A moratorium under IBC Section 14 began July 30, 2026. PNB said term loans of ₹100 crore were NPAs from March 2018; OTS offers were rejected.

Grupo Televisa director Viadero Salvi Rafael Folch sold 32,997 shares on May 26 at an average $0.56, for about $18,478, according to an SEC filing. The sale cut his stake by 50%. Earlier, he sold 200,003 shares on May 25 and 44,500 shares on May 4, both around $0.56. TV traded at $2.83 Wednesday.

Eaton (NYSE:ETN) said the U.S. Air Force Research Laboratory awarded it a $7 million, 24-month contract to use quantum computing, machine learning, and advanced visualization to improve power grid resilience and protection. The work, with Infleqtion and Penn State, targets detection and response to multiple concurrent physical and cyber threats, addressing NERC N-2 contingency requirements.

ExxonMobil Moçambique Limitada issued McDermott Energy Solutions (UK) a letter of intent for limited engineering and procurement work on Rovuma LNG Phase 1 midstream development. The award supports planning ahead of a final investment decision expected in 2026. Rovuma LNG targets 12 modular trains totaling 18.6 mtpa, with start-up in 2031. ExxonMobil says the 30-year project could generate about $150B in revenues for Mozambique’s government.

Serbia President Aleksandar Vucic said Serbia will open a joint UAV factory with Elbit Systems, with inauguration expected Sept 15-20. Elbit will hold 51% and Serbia’s state arms firm SDPR 49%. The factory relates to a five-year contract covering precision rockets and unmanned systems, plus ISTAR, digitization and upgrades.

The U.S. Department of Defense, according to The Washington Post, asked defense contractors to submit within 21 days production and delivery schedules for critical systems, citing depleted stockpiles. CSIS estimates cite heavy early use of missiles and falling Patriot and THAAD inventories. The Pentagon is working with Northrop Grumman and Lockheed Martin, including a $58.6B deal to triple PAC-3 output by 2030, pending a stalled $1.15T defense budget.