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SINGAPORE TECHNOLOGY KINETICS
Cyient Semiconductors acquires 74 pc stake in Kinetic Technologies for $85 mnCyient Semiconductors has acquired a 74% stake in US-based Kinetic Technologies for $85 million. This strategic move integrates Cyient's en...
Defence Ministry extends ban on six firms for another three yearsThe Ministry of Defence has prolonged the ban on six defence firms for another three years, continuing restrictions on dealings. These comp...
Israeli, Italian, British, South African arms firms in defence ministry's graft listGlobal arms majors Singapore Technologies Kinetics (STK) and Israel Military Industries (IMI) fall in the first category of blacklisted fir...
Remove ban on defence firm, Singapore to IndiaThe request was made to the Indian government a few days ago before Singapore Defence Minister Ng Eng Hen's visit here today.
23 cases registered by CBI since 2010 on defence purchases: GovernmentCBI has registered 23 cases since 2010 to probe defence purchases which were suspected to involve kickbacks, Defence Minister A K Antony ha...
Coast clear for navy’s Rs 393 crore Barak-I missile orderThe Rs 393 crore procurement of an additional 262 Barak-I missiles is “likely to be cleared” by the A K Antony-led defence acquisitions cou...
- Home Ministry suspends transaction with two foreign arms suppliers
The Home Ministry has served show cause notices to two foreign arms vendors following allegations of their bribing officials.
- Mahindra Defence Systems severs ties with blacklisted Swiss firm Rheinmetall Air Defence
Mahindra Defence Systems (MDS) has severed ties with a blacklisted Swiss company for a proposed project to produce radars for naval ships.
- Defence minister AK Antony in crosshairs for taking on arms lobby?
There are indications that the recent controversies surrounding the Army and its chief are also being used as fodder to target the defence ...
- Govt blacklists Singapore firm from defence deal: HC told
However, the bench granted liberty to the firm to approach the court if it wants to challenge the blacklisting by the government.
- Israel 'surprised' at Indian decision to ban its defence firm
Israel today expressed "surprise" at India's decision to ban one of its defence firms from participating in Indian tenders for the next ten...
- Republic Day: Muthuraman, Subbiah, Priya Paul among Padma awardees.
Tata Steel Vice-Chairman B Muthuraman, Subbiah Murugappa Vellayan of the Murugappa group and Chairperson of Apeejay Surrendra Park Hotels, ...
- Howitzer jinx replays with another pullout
The Army’s artillery modernisation plan remains jinxed. BAE Systems, a leading contender, has pulled out of the fresh 155mm towed artillery...
- US okays howitzers worth $647 mn for India
US intend to sell 145 M777 Howitzers to India.
- US okays howitzers worth $647 million for India
Asserting that its sale to India will "improve interoperability with US Soldiers and Marines," the US defense agency tasked with transfer o...
- Rs 20k cr deals may end Army’s artillery drought
India is now going to float a mega global tender for acquiring 814 motorised howitzers in a fresh attempt to kickstart the Army’s long-dela...
- Punj Lloyd plans bidding for combat weapon howitzer
Engineering and construction firm Punj Lloyd announced its entry into the country's lucrative defence market saying it would jointly bid fo...
- Punj Lloyd secures Rs 649-cr order from IOC
Engineering, procurement and construction firm Punj Lloyd has secured Rs 649-crore contract from Indian Oil Corporation for construction wo...
- Punj Lloyd signs pact with ST Kinetics for defence equipment
Engineering and construction firm Punj Lloyd today said it has signed an agreement with Singapore Technologies Kinetics (ST Kinetics) for t...
- Escorts share up 9% on Singapore deal
Shares of Escorts continued to soar a day after the company announced signing of an agreement with Singapore Technology Kinetics to market ...