Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.
In a boost for the country's surveillance capabilities to monitor activities of both military warships and merchant shipping in the Indian Ocean Region (IOR), the 'Sindhu Netra' satellite developed by a team of young scientists from Defence Research and Development Organisation (DRDO) was successfully deployed in space on Sunday.
Most of the scanty 6.35% rise in the defence budget is accounted for by manpower and running expenses.
A land-attack version of the missile was test-launched from Launch Pad-3 of the Integrated Test Range (ITR). An air force variant was fired from an IAF fighter jet over Bay of Bengal.
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
The missile was fired from a ground mobile launcher at launch pad number-1 of the Integrated Test Range (ITR) near here at 3.55 pm, and it hit the target with accuracy, the sources said.
'No country can ever be free to make its choices and remain independent if it continues to wear borrowed plumes,' warn Lieutenant General Ashok Joshi (retd) and Colonel Anil A Athale (retd).
The new law, effective from January 1, weakens the role of the State Council, China's Cabinet headed by Premier Li Keqiang, in formulating military policy, handing decision-making powers to the Central Military Commission (CMC), the overall high-command of the two million-strong People's Liberation Army (PLA) headed by Xi, Hong Kong-based South China Morning Post reported on Sunday.
India on Monday successfully test-fired its indigenously built nuclear-capable intermediate range Agni-I ballistic missile, capable of hitting a target 700 km away, from a test range off Odisha coast as part of a user trial by the Army.
Officials hint the visit could finally see a formal defence industrial road map being adopted by both nations.
This the second time that the missile has been test-fired in less than a month and is part of an effort to put in place a multi-layer missile defence system.
Designed to be a quick reaction missile, it has a strike range of 25 km to 30 km.
The 'Agni P' is a two-stage canisterised solid propellant ballistic missile with dual redundant navigation and guidance system.
The talks between Singh and Esper came a day after Prime Minister Narendra Modi held a telephonic conversation with US President Donald Trump.
With Prime Minister Narendra Modi stressing on the need for increasing arms exports, the Defence Research and Development Organisation has said India can sell combat aircraft and missiles whose production cost would be "much lower" than some of the weapons sold by countries such as China.
Agni-I missile is equipped with sophisticated navigation system which ensures it reaches the target with a high degree of accuracy and precision.
Officials said the test paves the way for the army to develop the third generation man portable anti-tank guided missile indigenously.
Out of its 47 operational satellites, India currently has six to eight satellites which are used entirely for military purposes.
The deployment of the UK's "most advanced naval capabilities" has been flagged by the UK ministry of defence as a "decisive step" in bolstering UK-India security ties.
Rustom 2 is being developed on the lines of predator drones of the United States to carry out surveillance and reconnaissance roles for the armed forces with an endurance of 24 hours, officials said.
'These medicines will ensure that our brave soldiers do not suffer from unwanted blood loss while being taken to a better healthcare from war zones'
Saturday's Quad meeting in Delaware is taking place against the backdrop of China's assertive behaviour in the South China Sea, its sabre-rattling in the Taiwan Strait and increasing footprints in the Pacific and Indian Ocean, asserts Rup Narayan Das.
As the DefenceExpo gets underway in Goa, Brigadier S K Chatterji (retd) says the proposed Defence Procurement Procedure 2016 should ensure that the Indian defence industry is on the path to design, develop and make in India.
In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.
The BrahMos export order would be the biggest for the country in this field and is likely to propel India amongst arms exporting countries as more orders for the missile are expected from other friendly countries.
The missile has been developed to engage highly fortified enemy tanks in day and night conditions.
Free provision of food, cash transfers, and jobs in villages see enhanced flow of funds despite a precipitous fall in revenue. Till May, defence spend was nearly 30 per cent less than the previous year.
The indigenous howitzer gun that was used for the ceremonial salute on Monday has been designed by the Centre-run Defence Research and Development Organisation (DRDO).
The defence minister has 20 months to learn the military's ethos, culture and to publicly bat for an organisation that feels increasingly marginalised and underappreciated.
Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.
With new added technologies, including the control system, the missile was test-fired from the Integrated Test Range (ITR) launch pad-III at Chandipur around 10.45 am, said a source at the Defence Research and Development Organisation.
The permission to allow the Chinese ship comes amid strains in ties between India and Maldives after its new President Mohamed Muizzu came to power and made Beijing as his first port of call early this month after assuming office.
American researchers have developed a vaccine for chikungunya fever made from an insect-specific virus that does not have any effect on people, making the vaccine safe and effective.
The Central Bureau of Investigation has arrested Delhi lawyer Gautam Khaitan in the case of alleged commission paid by Brazilian aircraft manufacturer Embraer to a UK-based NRI middleman to swing a three-aircraft deal with DRDO worth $210 million in its favour in 2008, officials said on Thursday.
The vertical approach was one of the at least five options on which preparatory work had begun some days back, as anxiety mounted over the fate of the men trapped in the under-construction tunnel on Uttarakhand's Char Dham route.
The Indian Army's Base hospital in Delhi is facing shortage of medical oxygen following a substantial cut in its supply by the Delhi government, military sources said.
The ministry said the 'multi-mode' hand grenades will replace the "World War II vintage" grenades being used by the Indian Army.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
'China's opaque defence allocation processes are shrouded in mystery and have triggered security dilemmas among its neighbours and others,' notes China expert Srikanth Kondapalli.
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
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