None of Adani group portfolio companies, comprising 11 listed firms, have been accused of any wrongdoing, conglomerate's CFO Jugeshinder Robbie Singh said on founder and chairman Gautam Adani's indictment on bribery charges in the US. In a post on X, Singh said the group would make a detailed comment on the US indictment once it gets counsel approvals.
It's time India re-visited its Western alliances for the attitude and approach that the West reserves for the nation when it comes to security cooperation of the kind that they might not have visualised outside of China, India's bug-bear, asserts N Sathiya Moorthy.
The Congress on Monday alleged that a Chinese national played a 'dubious role' in the Adani Group's activities and asked the government if it was not concerned that the conglomerate may be involving that person in important defence contracts.
Defence Minister A K Antony called upon the private and public sector on Tuesday to join hands to help India achieve self-reliance in defence production, asking them to set up a large, modern manufacturing base in the country.
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.
India has developed a missile defence shield which can be put in place at short notice to protect at least two cities, bringing the country on par with an elite group of nations. The shield, developed by the Defence Research and Development Organisation, has been tested successfully. An incoming ballistic missile with the range of up to 2,000 km can be destroyed by it. The system is to be upgraded to the range of 5,000 km by 2016.
The Defence Research and Development Organisation has developed a lightweight bullet-proof jacket that weighs nine kilogram and meets the qualitative requirements of the Indian Army, the defence ministry said on Thursday.
The ministry said the rocket system has been upgraded with advanced technologies enhancing the range to meet the emerging requirements.
DRDO chief A Sivathanu Pillai said that if this decision is implemented, Indian insustry will get business worth Rs 12,000 crore every year.
'80% of start ups fail because they don't have a support system to help them in the very early phase.' 'It's not just an idea that takes an entrepreneur through the initial three years of journey.' 'What plays a definitive role in making a start-up successful is idea+team+capital+mentors+access to a larger ecosystem.'
'Those betting against PSUs will likely be punished in this upswing.'
The government has approved the construction of two indigenously designed nuclear attack submarines and is expected to ink contracts next month to procure 26 naval variant of Rafale jets and three Scorpene submarines, Navy Chief Admiral Dinesh Tripathi said on Monday.
Docking technology is crucial for sending people and cargo to space stations.
The North American Aerospace Defence Command (NORAD) intercepted a group of bombers near Alaska, marking the first instance of joint Russian and Chinese operations prompting such a response from the United States, CNN reported, citing, a United States defence official.
President Droupadi Murmu on Tuesday said cyberattacks have emerged as a major threat to national security and the civil services and armed forces must join hands to create a secure nationwide system capable of thwarting them.
The extended range of the missile which is part of the Strategic Forces Command will give a variety of options to the planners during times of conflict.
Several Opposition leaders, including former Congress chief Rahul Gandhi, on Wednesday attacked the government over a media report claiming that a key Adani group investor is also co-owner with the conglomerate in a defence firm.
The indigenously developed ballistic missile defence system will be test fired in August this year, a top defence official said on Thursday.
The Central Reserve Police Force is purchasing more than a dozen defence manufactured Unmanned Aerial Vehicles and a number of mine protected troop carriers to aid and guide ground patrols of the force conducting anti-Naxal operations.
The HAL and GE from the US would be producing these engines jointly in a facility in India.
Prime Minister Narendra Modi on Friday held bilateral talks with Italian counterpart Giorgia Meloni in Bari during which they discussed defence and security cooperation and hoped for further enhancing the defence industrial collaboration.
Barely a month after carrying out successful tests of Interceptor missiles, India is in talks with a leading American aerospace firm to apparently seek collaboration to develop a robust ballistic missile defence (BMD) system.
If growth reverts to the pre-Covid level, a lot of people may have to temper their rosy optimism, points out Debashis Basu.
In a post on X, Modi said, "Happy to have welcomed @POTUS @JoeBiden to 7, Lok Kalyan Marg. Our meeting was very productive."
The Indian Air Force keeps moving its aircraft in both the Union Territories in the Northern sector including Jammu and Kashmir and Ladakh to give them the experience of flying there in their unique terrain.
With crucial Indian defence and nuclear establishments and vital infrastructure facilities open to an enemy air strike, many in India's military consider the shortage of anti-aircraft guns, missiles and radars as our single greatest security vulnerability. But now India's first modern air defence system is ready to roll off the assembly line.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
China on Monday signed a defence cooperation agreement with the Maldives to provide free military assistance to foster "stronger" bilateral ties with Male, weeks after President Mohamed Muizzu set a deadline for the withdrawal of the first group of Indian military personnel from his island nation.
The defence ministry on Thursday rejected senior Defence Research and Development Organisation scientist K Santhanam's assertion that the 1998 Pokhran II nuclear tests were not fully successful, adding that India has a meaningful number of nuclear weapons and an effective delivery system to go with it.
The DRDO says the programme has now reached maturity, and that international sanctions cannot hurt it. There is also a degree of self-confidence in the DRDO, which allows it to acknowledge the role played by other countries. International collaboration is no longer a bad word.
Companies in the banking, finance sector and insurance (BFSI) sector have underperformed on the bourses despite leading the earnings growth charts in the post-pandemic period. This has created a dichotomy between their earnings and share prices. BFSI companies have never been less expensive than the rest of the equity market.
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.
The Defence Research and Development Organisation on Friday successfully carried out the maiden flight of the indigenously developed unmanned aircraft at Chitradurga, Karnataka.
By the time the enemy aircraft is 50 km away, the Akash-NG's computers have calculated the launch trajectory and impact point and launched the missile.
The prime minister has been unveiling a slew of development projects running into lakhs of crores of rupees at various places as he turns the spotlight on his government's development and welfare agenda in the run-up to the general elections expected to be held in April-May.
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.
The Defence Research and Development Organisation and the Indian Army successfully flight-tested the Pinaka Mk-I enhanced rocket system and the Pinaka area denial munition rocket systems in Pokharan, Rajasthan.
External Affairs Minister S Jaishankar on Sunday concluded a crucial visit to Male, assuring the country's top leadership that the Maldives remains an important partner of India in maintaining peace, stability and prosperity in the Indian Ocean region.
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