The Rafale jet deal, signed on September 23, 2016, in the frame of an Inter-Governmental Agreement between India and France, has been in news over the last few months.
The real value of the Tejas Mark 1 is the role it will now play in the development of India's next generation of fighter aircraft that will be more technologically advanced and lethal.
The Congress has alleged that the government caused loss of over Rs 41,000 crore to the exchequer and endangered national security by bypassing the state-run HAL in favour of some businessman "friends".
These 10 stocks represent the best mix of value and growth, offering relatively low price-to-earnings and price-to-book ratios, a high return on equity, and sufficiently high potential from current levels.
The test flight is a victory for public sector undertaking Hindustan Aeronautics Limited, which has strongly backed the Hindustan Turbo Trainer-40 project, defying a skeptical Indian Air Force
Though this time India's first astronaut remained earth bound, P Rajendran/Rediff.com finds out more about his journey off the beaten track along America's East Coast.
Replying to the no-confidence motion, Prime Minister Narendra Modi asserted on Thursday that the opposition's move is auspicious for his government as he expressed confidence that the Bharatiya Janata Party and its allies will break old records to retain power at the Centre in the 2024 Lok Sabha polls.
Pointing out at the 'cooperation' and 'trust' shared between both India and France, Ambassador of France to India Alexandre Ziegler asked people to look at the facts.
In the event of a war with China, AMCA deep strikes would target China's rail and road links with Tibet, isolating PLA divisions there.
It asserted that the jets are 'good' both in terms of quality and price.
"I answer all your questions, whatever you ask me. Why don't you question Prime Minister Modi on the Rafale deal, on Amit Shah's son. Why don't you question the prime minister who changed the entire Rafale deal to help a businessman?" he asked.
The flight was part of the Women's Day event at the Aero India 2019 air show.
The two-day State Visit to Egypt at the invitation of President Abdel Fattah El-Sisi is also the first bilateral visit by an Indian prime minister since 1997.
'Those betting against PSUs will likely be punished in this upswing.'
The Sri Lanka Air Force and Egypt has also shown some interest in procuring the Tejas.
Singh made the remarks while addressing a "CEOs' Roundtable" at the 14th edition of Aero India at the Yelahanka Air Force station complex on the outskirts of Bengaluru.
Commissioned on December 14, 1974 in the fighter stream of the IAF, Raha has held various command, staff and instructional appointments in his 39-year-old career.
Stocks of defence-related companies have been firing on all cylinders on the bourses in calendar year 2023 (CY23). Shares of Hindustan Aeronautics (HAL), Bharat Electronics (BEL), Bharat Dynamics (BDL), Data Patterns, MTAR Tech, Cochin Shipyard and GRSE have rallied in the range of 21-96 per cent so far this year. By comparison, the BSE Sensex is up 8 per cent. The gains have been sustained on the back of robust export opportunities, a healthy project pipeline and the government's continued push for local manufacturing and indigenisation of defence equipment.
Expected to offer Gripen NG fighter aircraft or a possible joint collaboration in manufacturing single engine light combat planes.
HAL's Aircraft Division Nashik, established in 1964 for licence manufacture of MiG-21FL aircraft and K-13 missiles, is located at Ojhar, 24 km from Nashik and around 200 km from Mumbai.
Russia's United Aircraft Corporation, with an eye on India, has asked its Indian partner to quicken the pace of the design work for their joint production of the Multi-role Transport Airplanes.
India's defence sector presents an ordering opportunity worth $138 billion between fiscal years 2023-24 (FY24) and FY32, said a latest note by Nomura, which has initiated coverage on two defence-related players - Hindustan Aeronautics (HAL) and Bharat Electronics (BEL) - with a 'buy' rating. The research and broking house sees an upside potential of 28 per cent and 32 per cent, respectively in these two stocks from the current levels.
The DARIN-III navigation attack system allows a Jaguar pilot to feed in the coordinates of targets deep inside enemy territory.
"The experience was incredibly enriching, significantly bolstering my confidence in our country's indigenous capabilities, and leaving me with a renewed sense of pride and optimism about our national potential," he said.
The Army is looking at procuring the LUHs and LCHs to replace its ageing fleets of Cheetah and Chetak helicopters.
Three people were killed after the MiG-21 fighter aircraft crashed into a house in Hanumangarh in Rajasthan shortly after it took off for a routine training sortie from the Air Force Station at Suratgarh.
Defence Minister Rajnath Singh said on Tuesday that India cannot remain dependent on other countries for its defence and that the indigenously developed Tejas was better than its foreign equivalents on several parameters and also comparatively cheaper.
In fresh trials, India has test-fired its indigenously developed Nag anti-tank guided missile, which can hit a target up to seven km, from a helicopter at a firing range in Jaisalmer in Rajasthan.
The mishap occurred during a sortie as part of the rehearsal for AeroIndia.
Taking potshots at the prime minister, Gandhi said he should stop talking about the past and start doing his work.
The triennial exercise will take place for two hours and fifteen minutes during the day, dusk and night, he said.
This was the first time General Rawat flew in the home-made fighter jet, known for its agility, being the smallest and lightest multirole supersonic fighter jet in its class.
The HAL said its offer was reasonable, fair and in conformity with the wage agreements finalised by other Defence PSUs.
Prime Minister Narendra Modi on Friday handed over to the armed forces indigenously-developed light combat helicopters, unmanned aerial vehicles and electronic warfare systems for the warships, in reflection of India's focus to boost its domestic defence industry.
Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
It is learnt that the Chinese JF-17 was cheaper but could not match the technical parameters of the Tejas Mk-IA variant and the offer of maintenance of the Su-30 fleet as proposed by India.
India may scrap negotiations with Dassault for 126 Rafale fighter jets. Instead, it is likely to buy over 60 jets in a flyaway condition.
The decision to procure the fleet was taken at a meeting of the Cabinet Committee on Security (CCS) chaired by Prime Minister Narendra Modi, Defence Minister Rajnath Singh said.
The fresh negotiations with Israeli authorities concerned for procurement of the two Phalcon AWACS come in the midst of India's bitter border row with China in high-altitude eastern Ladakh.
In many ways, the 68th Republic Day parade was unique.
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