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DEFENCE PROCUREMENT
Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...- Doubled in 5 years: India's military-industrial moment has arrivedIndia's defence production has surged to a record Rs 1.78 lakh crore in FY26, nearly quadrupling since 2013-14. This growth, fueled by the ...
- IAF launches project to produce indigenous long-range kamikaze dronesThe Indian Air Force is developing long-range kamikaze drones with Indian companies. This initiative aims to strengthen preparedness for fu...
- The 30% smallcap tilt: How Abakkus Flexi Cap Fund is positioning for the next rallyAbakkus Mutual Fund is strategically allocating 30% to smallcaps within its Flexi Cap Fund, identifying mispriced opportunities despite str...
- Bid management firm ContraVault AI raises $3.1 million from Chiratae, Titan; eyes US expansionBid management firm ContraVault AI has secured $3.1 million in a funding round led by Chiratae Ventures. The startup will use the capital t...
- Indian army selects Meprolight's Mepro X6 as dedicated daytime sight for in-service NEGEV machine gunsThe Indian Army has chosen the Meprolight MEPRO X6 telescopic sight for its NEGEV machine guns. This advanced optic will improve target ide...
- Star Wars: How India’s spacetech-defence ties are shaping the futureSpaceX’s IPO filing underscores how space has evolved from exploration to a strategic domain central to national security, communications a...
- Countering maritime contestation: India, France set to deepen undersea defence capabilitiesIndia and France are set to strengthen defense cooperation. Prime Minister Narendra Modi's visit to France will focus on accelerating key m...
- Indian Army plans largest-ever K9 Vajra acquisition with order for 300 additional guns; check its featuresThe Indian Army plans to acquire 300 more K9 Vajra self-propelled guns. This significant order will boost the Regiment of Artillery. The K9...
- Deeptech startup Ethereal Machines raises $28.5 million from Avataar Ventures, Peak XV, othersDeeptech startup Ethereal Machines secured $28.5 million in funding. This capital will fuel the construction of a large manufacturing facil...
- Indian Navy to get 20 advanced jammers under ₹449 crore defence dealThe Ministry of Defence has secured 20 Enhanced Capability Global Navigation Satellite System Jammers for the Indian Navy. The Rs 449 crore...
- India weighs action against HAL for delayed Tejas fighter deliveriesIn light of ongoing delays in the delivery of Tejas Mk1A fighter jets, the Defence Ministry is contemplating penalties for Hindustan Aerona...
- 850 acres of vacant defence land in Uttar Pradesh to host 250 MW solar power plantA significant solar power project is set to be established in Sitapur, Uttar Pradesh. Defence Minister Rajnath Singh has approved a 250 MW ...
- Defence Ministry clears 250 MW solar project with battery storage in Uttar Pradesh's SitapurThe Indian Defence Ministry has taken a pivotal step in renewable energy by sanctioning a 250 MW solar power project featuring integrated b...
- Rafale fires MICA NG missile designed to hunt stealth jets in first supersonic testFrance has successfully tested its advanced MICA NG missile from a Rafale fighter jet. This new weapon is designed to counter stealth aircr...
- Russian President Putin pitches Su-57 stealth jet to India; indicates readiness for co-productionRussia's President Vladimir Putin says Moscow is open to cooperating with India on the Su-57 stealth fighter jet. This includes supplying t...
- Defence ministry doubles financial powers of field commandersDefence ministry has doubled financial powers for field commanders. This move aims for faster procurement and efficient operations. Army co...
- Rajnath approves over 2-fold increase in financial ceiling for field commanders to boost operational efficiencyDefence Minister Rajnath Singh has approved a significant increase in financial powers for field commanders, more than doubling them to Rs ...
- TVS Supply Chain forms JV with Italy's ALA Group to foray into aerospace and defence segmentTVS Supply Chain Solutions is entering the aerospace and defence sector through a joint venture with Italy's ALA Group. This collaboration ...
- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
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