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Mahindra Defence Systems And Bharat Forge

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4 Indian firms in race for Rs 25K cr Navy chopper deal

Four Indian firms including Tata, Adani, Mahindra Defence Systems and Bharat Forge have been shortlisted by the Indian Navy as strategic partners for the project involving a deal worth Rs 25,000......

Wah! Army gets huge firepower!

'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd). IMAGE: K-9 Vajra, a self-propelled artillery gun,......

Why India still hasn't built a combat vehicle

Defence ministry incompetence hobbles development of battle-taxis for the Indian Army, discovers Ajai Shukla. IMAGE: The Future Infantry Combat Vehicle project was approved in 2008, but has seen......

What India Inc says about Budget 2022

Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic.......

Markets end flat; Commodity stocks rally

  Markets ended flat after profit booking emerged at higher levels tracking weakness in global stocks even as commodity stocks rallied after sharp surge in global prices. The S&P BSE Sensex......

Tata companies band together for bigger piece of defence pie

With an eye on the govt's multi-billion dollar defence spending, the group is working to formalise its 14 defence-related companies into a single cluster.  In July, when Tata group Chairman......

Auto parts cos drool over aviation, defence space

A week ago, the Mahindra & Mahindra group bought majority stakes in component firm Aerostaff Australia and aircraft maker Gippsland Aeronautics for Rs 175 crore (Rs 1.75 billion). Aerostaff......

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