IIT Jodhpur-DRDO set up centre for defence tech R&D
The new centre will spearhead focused research in identified verticals, including Desert Warfare Technologies and Futuristic Omni Mobility Systems among others.
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HAL shares hit record-high on govt's order for 34 Dhruv choppers
Last week, the Cabinet Committee on Security approved a proposal for 34 new advanced light helicopter (ALH) Dhruv Helicopters which will be manufactured by HAL.
Adani Defence launches South Asia’s largest ammunition, missiles facilities in Kanpur
The Adani group plans to invest over ₹3,000 crore in the facilities, which are expected to create around 4,000 jobs, Adani Defence says in a release.
GeM portal clocks ₹1 lakh cr order value from defence ministry
50.7% of the total orders, amounting to ₹60,593 crore, have been awarded to micro and small enterprises by MoD buyers
Deep-tech R&D for defence and aerospace gets a boost in Interim Budget
The corpus will provide long-term financing or refinancing with long tenors and low or nil interest rates.
Azad Engineering shares list 37% over IPO price
The ₹740 crore IPO of Azad Engineering was subscribed 83.04 times; retail portion was booked 24.51 times, QIB 179.64 times, and NII 90.24 times.
Hitting The Refresh Button At L&T
S.N. Subrahmanyan is increasing the share of services — financial & IT — in order to increase the margins of the conglomerate.
Bharat Forge shares hit 52-week high on defence order from UAE-based Paramount
According to the company, the partnership has already resulted in the development and production of large volumes of locally-made KM4 armoured vehicles for the Indian army
From space to semiconductor: Here’s what PM Modi, Joe Biden discussed ahead of G20 Summit
U.S. President Biden reaffirmed his support for a reformed UN Security Council with India as a permanent member
The $130 Billion Battle For India's Defence Pie
India is making a break from the past to power its defence and attack capabilities completely indigenously, giving its firms a shot at the $2.5 trillion global defence and aerospace market.
