The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.
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.
The EVMs, officials explained, are not designed to register this system of voting.
The EVMs are based on a technology where they work as aggregator of votes in direct elections such as the Lok Sabha and state assemblies.
It is the first project of its kind in which a military aircraft will be manufactured in India by a private company.
According to HAL, "this is the biggest ever order that HAL has placed on any Indian company boosting 'Atmanirbhar Bharat' campaign."
The most important positive of India's stealth bull market is earnings growth across different sectors, explains Debashis Basu.
The new variant of the Akash missile (Akash-NG) can strike targets at a distance of around 60 km and fly at a speed of up to Mach 2.5.
Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.
The Navy commander also said that as many as 39 naval ships and submarines are currently being constructed in various Indian shipyards that are expected to significantly boost India's maritime prowess.
The move towards indigenisation of defence procurement creates new opportunities for India's military industrial sector. The Government of India (GoI) has so far released five lists of items for positive indigenisation - these should be manufactured in India, rather than imported. Each item on these lists represents an opportunity for some local firm.
The 15 choppers that met with accidents included four Advanced Light Helicopter (ALH), four Cheetah, two ALH (weapon system integrated) versions, three Mi-17V5, an Mi-17 and a Chetak.
The test was carried out by DRDO against a high-speed unmanned aerial target which was successfully intercepted by the missile.
Operating margins for some companies dipped in Q3, 2021-22 but this sector could be nearing the bottom of the cycle in terms of profits.
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.
The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.
From home-made Dhanush howitzers to mine-protected vehicle to rock bands to folk dances to foreigners posing with Indian artistes to gigantic dumping trucks to families having a gala time, Rediff.com brings you all the action on Day Two of the Make In India Week.
The ministry informed that over 14,000 existing ventilators are earmarked for COVID-19 patients in various hospitals in the country while there are 11.95 lakh N-95 masks in stock.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
While Mcleod Russel, ADF Foods, Indiabulls Real Estate, DCM Shriram and BSE have announced buyback through open market route, the remaining 23 companies plan to buy back their shares via tender offers
The IAI is Israel's largest aerospace and defence company. It develops, manufactures and supplies defence systems including anti-missile, aerial systems and intelligence and cybersecurity systems.
The states were advised to plan for the requisite number of isolation, oxygen supported and ICU beds based on the prevalent and expected case growth rate. the Ministry of Health and Family Welfare is also monitoring the COVID-19 hospital infrastructure, he said.
The government on Friday conferred Navratna status on public sector giants Bharat Electronics Ltd, Hindustan Aeronautics Ltd and Power Finance Corporation Ltd.
For the defence ministry, Aero India 2021 is an opportunity to show its commitment to the prime minister's 'Atmanirbhar Bharat' initiative.
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.
The list mostly contains PSUs which were up for sale in the last fiscal.
The divestment process, however, will not be an easy affair as there are multiple stakeholders, including the employee unions, whose concerns will have to be addressed.
The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), Rajasthan (75).
India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.
Even jihadis infiltrating across the Line of Control into Jammu and Kashmir have been found to have better night vision devices than the lavishly funded Indian Army, says Ajai Shukla
According to government data, the Centre procured only 35,179 ventilators out of the 50,000 originally ordered.
In a belated action, defence public sector undertakings Bharat Electronics Limited has removed former Indian Space Research Organisation Chairman G Madhavan Nair from its Board of Directors as he was barred from holding any government post for his role in the controversial Antrix-Devas deal.
In the past 10 trading sessions, shares of the state-owned company have shot up more than 50 per cent.
The country has got its first firm order to export these machines to Namibia, while it is in talks with others, including Egypt and Saarc nations.
'The F-21's capabilities far exceed all other torpedoes currently in service.'
Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.
The top-100 wealth creators generated Rs 49 lakh crore during 2014-19, the highest-ever quantum of wealth added, according to Motilal Oswal's Annual Wealth Creation Study 2019. According to the study, Reliance Industries, Indiabulls Ventures and IndusInd Bank are the biggest, fastest and most-consistent wealth creators, respectively. The number of PSUs in the top-100 wealth creators is only nine, namely IOC, BPCL, HPCL, Power Grid Corporation, Petronet LNG, Indraprastha Gas, LIC Housing, Bharat Electronics and NBCC.
Time and cost overruns are endemic to most Indian warship building projects. A central reason is the Indian Navy's operational assessment that it is better to get a warship late and ov
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