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DEFENCE CONTRACT
IZI Enterprise secures DRDO order for VANAIZI, a drone company based in Bhopal, has secured an order from DRDO's PXE. The order is for the supply and deployment of IZI VANA Surveill...
Indian Navy to get BrahMos launchers, fire control systems in Rs 661 cr dealThe Ministry of Defence has signed a Rs 661.50 crore contract for BrahMos Fire Control Systems and launchers. The systems will be fitted on...
Disha Salian death probe: Aaditya Thackeray may be planning to go abroad, claims BJP leaderNitesh Rane said that Aaditya Thackeray might have skipped the protest due to fear of arrest while claiming he may leave the country. Rane ...
Bharat Forge secures contract from Pratt & Whitney Canada for aerospace engine componentsBharat Forge has secured a long-term contract from Pratt & Whitney Canada to supply mission-critical aerospace engine components. The compo...
Lockheed Martin to expand production in India, if it wins transport aircraft bidLockheed Martin is planning to enhance its production capabilities in India based on a tender for 60 medium transport aircraft. This procur...
Kerala orders probe against CEC Gyanesh Kumar reopening two-decade old suicide caseA Vigilance and Anti-Corruption Bureau investigation has been ordered regarding the allegations against Chief Election Commissioner Gyanesh...
IAF chief hints at foreign fifth-gen fighter option if AMCA is delayed, cites Russia's Su-57 offerIAF chief Air Chief Marshal Amar Preet Singh has indicated that India could examine foreign fifth-generation fighter options if the indigen...
Largecaps face investor apathy, mid and smallcaps fuel euphoria: Kotak Institutional EquitiesInvestor sentiment towards large-cap stocks is currently apathetic, despite improved valuations in the market. Retail investors are increas...
Karnataka govt’s Innoverse identifies seven startups for deeptech scale-up programmeThe programme will support startups with market access, capital mobilisation, policy support, and access to technology and scale-up infrast...
Nifty valuations near post-Covid lows. Alchemy Capital’s Alok Agarwal explains what investors should buy nowNifty valuations have reset sharply from 2024 levels and are now near post-Covid lows, says Alchemy Capital’s Alok Agarwal. He sees the nex...
Global factory activity boosted by AI spending boomAs AI investments surge, manufacturing activity in Europe and Asia grows noticeably. India boasts significant expansion in its manufacturin...
US Navy awards $24.4 billion to accelerate production of Standard Missile-6The US Navy has secured a deal worth up to $24.4 billion with Raytheon to ramp up production of Standard Missile-6 interceptors over five y...
BrahMos missile system to see over USD 600 million exports, is benchmark for India's emerging export story: Defence SecretaryDefence secretary Rajesh Kumar Singh hailed the BrahMos cruise missile as India's emerging export story, with exports to cross $600 million...
Only ₹2 lakh was paid by Star Health against a claim of ₹4.28 lakh, citing a sub-limit clause: Here’s why the policyholder won ₹2.28 lakh moreA recent case involving Star Health and Allied Insurance highlights the complexities of health insurance policies with disease-specific sub...
US Navy sets its eyes on F/A-XX 6th Gen fighter as Boeing wins the award: here’s a look at the other similar jets in the making and which country is ahead; cost, specifications and featuresBoeing’s F/A-XX will replace the US Navy’s F/A-18E/F Super Hornets and operate alongside the F-35C. Here’s a look at its expected range, co...
US awards $21 billion missile contract to RTX’s Raytheon as it looks to replenish stocks amid ongoing conflict with IranThe US has moved to significantly increase production of AMRAAM missiles after awarding Raytheon a multiyear agreement valued at $20.7 bill...
From pickups to idle plants: automakers seek lifeline from defence boomWestern automakers are increasingly looking at defense contracts as a way to boost revenues and utilize excess capacity. Companies like For...
Bharat Dynamics shares rise 2% in a weak market after bagging Rs 811 crore order from Ministry of DefenceBharat Dynamics shares gained 2% after the Defence Ministry awarded an Rs 810.79-crore contract for 160 SAT-SAAW weapons and associated equ...
Defence ministry signs Rs 811 crore deal with BDL for 160 satellite-guided anti-airfield weaponsThe Ministry of Defence signed a contract worth Rs 810.79 crore with Bharat Dynamics Limited on Wednesday. This contract involves the procu...
Defence Ministry signs contract worth Rs 586 crore to procure auxiliary power units for T-72, T-90 TanksThe Ministry of Defence has signed a Rs 586-crore contract with Accurate Industrial Controls Private Limited to procure Auxiliary Power Uni...