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BEML DRDO DEAL
BEML shares rise 3% after winning Rs 294-crore order from Defence Ministry for HMV 6X6 supplyBEML has received an order worth approximately Rs 293.82 crore from the Defence Ministry for supplying High Mobility Vehicles. The company ...- BDL, GRSE, other defence stocks slide over 3% for second day amid sector cool-offDefence stocks like BDL, GRSE, and Mazagon Dock fell for the second day as investors booked profits amid easing geopolitical tensions and v...
- India’s new warfare: Drones, data, and the defence race that can't waitIndia’s battlefield is evolving from boots on the ground to code in the cloud. As drone swarms, cyber weapons, and AI take centre stage, Ne...
- BEML shares in focus after licensing deal With DRDO to manufacture advanced combat support vehicles for ArmyBEML shares are set to be in focus after the company signed three licensing agreements with DRDO’s VRDE to manufacture key support systems ...
- Indigenous Pinaka deployed at China border, more wait for longer rangeDesigned by the Defence Research and Development Organisation (DRDO), the Pinaka currently has a range of about 38 km, which is slightly in...
- Public Private Partnership behind India’s new enhanced range Pinaka rocketsThe Mk-1 Enhanced Rockets have 25% more range (47.5 km from 37.5 km) and 5 years more shelf life (15 years against 10 years) than the earli...
- After a record subscription, Mazagon looks set to break defence IPO jinxMazagon Dock's order book stood at Rs 54,700 crore as of March 31, which included work for building eight warships and four submarines.
- Major deal for private sector: Defence Ministry inks Rs 2,580 cr Pinaka deal with L&T and TataThe contract, which has been in the making since 2017, will go to private sector companies L&T and Tata Aerospace and Defence. A significan...
- Government clears purchase of five S-400 air defence systems worth Rs 40,000 crore: SourcesIndia's Defence Acquisition Council has cleared the purchase of 5 S-400 air defence systems from Russia, two defence ministry sources said ...
- India to build two next-generation AWACS for Rs 5,113 croreThe government has cleared the DRDO project to build advanced next-generation AWACS, which can detect incoming aerial threats from 400-km a...
- Government okays Rs 5,000 crore project for next-generation airborne warning systemAWACS has the capability to penetrate "longer distances" within enemy territory by way of radars systems without venturing into the region ...
- Defence Ministry to ease norms for arms agents, review blacklisting: Manohar ParrikarThe emphasis was on PM Narendra Modi's "Make in India" policy, with tightening of screws on DRDO, defence PSUs, shipyards and ordnance fact...
- India's tank ammunition down to 4 days reserveSenior IAF, Army brass told a par committee that India’s window to catch up with China’s defence modernization thrust could close by 2017 o...
- Army bribe row: Excessive reliance on arms imports and middlemen threatens the defence establishmentGeneral V K Singh has brought attention back to corruption in defence purchases, an issue successive governments have failed to tackle effe...
- Stocks to watch: Vishal Retail, Binani Cement, SCI, Premier Explosives, Sasken Communications, HCL, IspatVishal Retail, which faces a debt liability of Rs 730 crore, is working on bringing in a strategic investor as part of pre-conditions laid ...
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