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DEFENCE MANUFACTURING
Apollo Micro Systems gets Indian Navy order for underwater warfare prototypeApollo Micro Systems has secured a crucial contract with the Indian Navy for a cutting-edge autonomous maritime platform. This unmanned ves...
Paras Defence arm to set up ₹6,200 crore semiconductor packaging facility in Madhya PradeshParas Semiconductors is set to invest ₹6,200 crore in the construction of a cutting-edge semiconductor packaging facility in Madhya Pradesh...
Millworks Technologies shares make stellar debut, list at 90% premium on BSE SMEMillworks Technologies shares: The Rs 160.34 crore IPO attracted overwhelming investor interest, closing with an overall subscription of mo...
Right policy space for strategic industriesSkyroot Aerospace's latest launch marks a milestone for India, signifying its official entry into the exclusive league of private orbital l...
Norwest, Skegen lead $40 million in Raghu Vamsi AerospaceFounded in 1992, RVAG manufactures precision aero-engine components and sub-assemblies for global aerospace original equipment manufacturer...
Big boost for Atmanirbhar Bharat! After Skyroot's success, another private firm announces breakthrough in indigenous fighter jet engine technologyPaninian India has unveiled its Yantur 4.5 kN turbofan engine programme. This initiative aims to develop India's first privately built comp...
Goldman Sachs initiates coverage on Sansera Engineering, 3 other auto ancillary stocks with upside of up to 28%. Here’s whyGoldman Sachs has initiated coverage on four Indian auto ancillary companies, turning bullish on Sansera Engineering and Craftsman Automati...
Indo MIM's Rs 3,812 cr IPO to open on July 23; price band set at Rs 461-485Indo MIM Ltd announced its Initial Public Offering, which opens for subscription on July twenty-third. The precision engineering components...
Conflicts, aircraft orders in focus as Farnborough Airshow kicks offFarnborough Airshow opens with Boeing and Airbus pursuing aircraft deals. Defence companies will account for half of the show's record exhi...
West Bengal to unveil new industrial policy in AugustWest Bengal will introduce a new industrial policy in August to boost economic growth. This policy aims to streamline approvals and enhance...
Zero tolerance against terrorism is not merely statement for India, but a Line of Action: RajnathIndia is becoming a credible global security partner due to increased indigenous defence production. Defence Minister Rajnath Singh highlig...
Another MH-60R Seahawk helicopter delivered to Indian Navy: US EmbassyAnother MH-60R Seahawk naval helicopter has been delivered to the Indian Navy. Two more of these advanced helicopters are scheduled to arri...
PTC Industries bags two-year BrahMos missile subsystem orderPTC Industries has secured a two-year order from BrahMos Aerospace. This order involves developing and integrating a strategic missile subs...
Shyam Steel to invest Rs 15,000 crore in West Bengal expansionShyam Steel Group will invest Rs 15,000 crores in West Bengal's expansion projects. This initiative will create over 20,000 direct and indi...
India's defence capex seen rising to Rs 2.8 trillion by FY30 on indigenisation, export growth: KotakIndia's defence capital expenditure is projected to grow eleven percent annually until FY2030. Domestic defence exports have grown fifty ti...
Carlyle Consortium set to take control of defence parts supplier Micropack with a ₹1,175 crore betCarlyle plans a significant investment in Micropack, an Indian defence electronics manufacturer. This deal marks a major private equity ent...
Premier Explosives rises 4% on Apollo Micro Systems deal buzzApollo Micro Systems gained 1% and Premier Explosives climbed 4% after ET reported that Apollo is nearing a Rs 2,300-2,500 crore deal to ac...