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NEW DEFENCE ACQUISITION PROCEDURE
Multibagger HFCL shares hit 5% upper circuit for second session. What’s triggering the surge?HFCL shares surged significantly after securing a substantial contract from Rail Vikas Nigam Limited. This order bolsters HFCL's standing i...- Multibagger Paras Defence shares rocket 28% in just 3 sessions. What’s behind the stellar rise?Paras Defence shares surged 28% in three sessions, extending a strong rally driven by optimism around India’s expanding defence manufacturi...
- Madhu Kela to become investor in Lloyds Engineering as part of SISCOL acquisition, to receive nearly 73 lakh sharesLloyds Engineering will acquire an 88.12% stake in Steel Infra Solutions Company (SISCOL) for about Rs 1,073 crore through cash and share s...
- HFCL shares jump 5% after Rs 2,666-crore RVNL order; stock soars 200% in 6 monthsHFCL shares surged after securing a significant contract from Rail Vikas Nigam Limited for the BharatNet project. This order strengthens HF...
- SPACs stage comeback as mega IPOs crowd marketSpecial-purpose acquisition companies are experiencing a resurgence as a wave of blockbuster IPOs creates an opening for smaller firms. Thi...
- Defence production up 15%; private sector share climbs to 24%India's defence production has hit a record high of ₹1.78 lakh crore. This growth is fueled by the private sector, with exports also reachi...
- Jairam Ramesh slams Centre, calls Great Nicobar transshipment port "recipe for ecological havoc"Congress General Secretary Jairam Ramesh criticized the proposed transshipment port on Great Nicobar Island, warning of extensive ecologica...
- Doubled in 5 years: India's military-industrial moment has arrivedIndia's defence production has surged to a record Rs 1.78 lakh crore in FY26, nearly quadrupling since 2013-14. This growth, fueled by the ...
- India-Thailand discuss deepening defence R&D; focus on Indo-Pacific security situationIndia and Thailand convened their 10th Defence Dialogue in Bangkok. Discussions focused on enhancing cooperation in defense manufacturing, ...
- India’s defence output more than doubles in five years, hits record Rs 1.78 lakh croreIndia's defence production has hit a record Rs 1.78 lakh crore in the financial year 2025-26. This marks a significant 15.6 percent jump fr...
- Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location planThe Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked ...
- Indian army selects Meprolight's Mepro X6 as dedicated daytime sight for in-service NEGEV machine gunsThe Indian Army has chosen the Meprolight MEPRO X6 telescopic sight for its NEGEV machine guns. This advanced optic will improve target ide...
- Renault partners with Thales to develop military vehicle in new defence projectRenault Group is teaming up with Thales to build a new military vehicle, aiming to support European rearmament. This multi-mission vehicle,...
- India aims to co-develop, co-design, co-produce, co-manufacture: MEA on Rafale deal with FranceIndia is boosting its defence manufacturing through the 'Make in India' initiative. Discussions with France focus on co-developing and co-p...
- India appoints Lt Gen Dhiraj Seth as next Army ChiefLieutenant General Dhiraj Seth will become the next Chief of the Army Staff on June 30, 2026. He succeeds General Upendra Dwivedi. Lt Gen S...
- Ukraine's defence AI chief predicts 'new paradigm' of warfareUkraine's military is integrating artificial intelligence into its defense systems, anticipating a future "war of operating systems" with R...
- Indian Navy to get 20 advanced jammers under ₹449 crore defence dealThe Ministry of Defence has secured 20 Enhanced Capability Global Navigation Satellite System Jammers for the Indian Navy. The Rs 449 crore...
- Saudi Arabia issues new property ownership rules for foreign companiesSaudi Arabia has updated rules for foreign companies wanting to buy property. These companies do not need to conduct business in the Kingdo...
- Defence ministry doubles financial powers of field commandersDefence ministry has doubled financial powers for field commanders. This move aims for faster procurement and efficient operations. Army co...
- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
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