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DEFENCE CONTRACTS
The U.S. paid $5 million each to keep 60 commercial ships under its flag in 2018; Defence can call on every vessel during war or a national emergencyIn March 2018, the US government approved a $300 million program to support commercial vessels for defense strategies. This Maritime Securi...17 Oct, 2026, 01.20 PM IST- Indian Navy inducts multi-purpose INS Samarthak, a drone mothership and weapons testbed, the first major warship built by a private shipyardSamarthak, the first multi-purpose vessel built by a private shipyard to be commissioned into the Indian Navy, has entered service with mor...16 Oct, 2026, 02.09 PM IST
- HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upsideNuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price of R...16 Oct, 2026, 12.23 PM IST
- US startup plans to sell sunlight at night with help from India's Skyroot AerospaceReflect Orbital is revolutionizing nighttime visibility by launching satellites to deliver on-demand sunlight. In collaboration with Skyroo...16 Oct, 2026, 11.48 AM IST
- Defence Ministry may suspend dealings with SMPPThe defence ministry plans to suspend all business dealings with SMPP due to an ongoing CBI investigation. Allegations involve bribing offi...16 Oct, 2026, 10.16 AM IST
- Defence Ministry suspends Munitions India executive director Anil Kumar in bribery caseAnil Kumar from Munitions India Ltd has been suspended following his arrest in a bribery case. The Central Bureau of Investigation has accu...15 Oct, 2026, 10.21 PM IST
- Defence ministry inks Rs 4,106 crore contracts for IAF communication satellite, Navy torpedoesThe government signed contracts worth Rs 4,106 crore for the Indian Air Force and the Indian Navy. One contract is for a GSAT-7C satellite ...15 Oct, 2026, 06.19 PM IST
- Indian Navy to get another indigenous multipurpose ship built by L&T: What are its capabilities, roleThe Indian Navy will induct INS Samarthak at Karwar on October 16, 2026. Built by L&T, the 107-metre multi-purpose vessel is designed for m...15 Oct, 2026, 12.45 PM IST
- Tonbo Imaging IPO: Can defence sector tailwinds offset weak financials?Tonbo Imaging is set to raise ₹852 crore as it approaches the stock exchanges. The company is expected to benefit from rising demand for ad...15 Oct, 2026, 06.58 AM IST
- CBI arrests Munitions India executive director, SMPP CEO in Rs 500 crore defence deal bribery caseThe Central Bureau of Investigation arrested three individuals in an alleged bribery case. Anil Kumar, the executive director of Munitions ...14 Oct, 2026, 11.50 PM IST
- CBI arrests Munitions India Limited official, SMPP CEO in defence leaks-for-money caseThe CBI has arrested Anil Kumar, Munitions India Limited executive director, and SMPP CEO Ashish Kansal. They are charged with accepting br...14 Oct, 2026, 09.20 PM IST
- From sewer to space: Genrobotics bags ISRO robotics development contractThe company has secured the project from the U R Rao Satellite Centre (URSC), a key centre of the ISRO, marking a significant step in its j...14 Oct, 2026, 02.49 PM IST
- Experts hail SC ruling on creditor’s claim in insolvency-linked dispute between two Bengaluru firmsThe Supreme Court has ruled that a creditor whose claim was largely extinguished under an insolvency resolution plan can still use it as a ...14 Oct, 2026, 12.53 PM IST
- Swan Defence shares rise 4% to hit 52-week high on Rs 1,897 crore tanker order prospectSwan Defence and Heavy Industries shares rose after the company emerged as the lowest bidder for a Rs 1,897 crore order to build four mediu...12 Oct, 2026, 12.04 PM IST
- Pressure on rupee may continue after temporary gains on RBI actions, say economistsThe Reserve Bank of India has implemented emergency measures to stabilize the rupee, which is facing strong global pressure. Analysts indic...11 Oct, 2026, 11.35 PM IST
- RTX's Raytheon wins up to $6.3 billion US missile contractRaytheon has secured a significant contract with the US military valued at $6.3 billion. This contract focuses on producing and maintaining...09 Oct, 2026, 07.20 AM IST
- 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...06 Oct, 2026, 02.15 PM IST
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