The most important positive of India's stealth bull market is earnings growth across different sectors, explains Debashis Basu.
These next generation ships can patrol the oceans for three or four months compared to the navy's current patrol boats, which can be at sea for a maximum of 45 days.
Indian Armed forces will leave no stone unturned to safeguard the country's frontiers, he insisted.
Warship building projects worth at least Rs 630 billion have ground to a standstill. The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude, Anil Ambani's shipbuilding firm from those contracts.
The sprawling warship building facility caters to the combat vessel requirements of not only the Navy, but also the Coast Guard.
The ISI network of spies has been operating in India for over a decade.
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Barring one, three are debt-free and sitting on large cash reserves.
This will encompass the sale of Air India, a number of other privatisation initiatives, mergers, initial public offerings, the Centre's two exchange-traded funds, buybacks and offers-for-sale, and even monetisation of land assets.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
The STF of Kolkata Police has seized mobile phone SIM card which, it believes, was used by the three arrested suspected ISI agents to pass on information to the ISI of Pakistan.
'It's scary to know that those arrested passed on sketches of warships etc to the ISI.' 'Who are the people behind the masks? Are they hiding in our various defence units?'
Half a dozen companies looking to tap the market as the Indian rupee stabilises and oil prices cool down.
'The target for next year is unlikely to be more than that of this year. The more you divest in any cycle, the less your potential pipeline for the next,' said an official. 'The first two issues we want to tackle and complete in FY20 are Air India and Hotel Ashok.'
An India-built naval patrol vessel for Mauritius that will help in better policing its vast exclusive economic zone was commissioned today by Prime Minister Narendra Modi who said it will make the Indian Ocean "more safer and secure".
Still, there remains a worrying shortfall of frigates, which are the navy's workhorses. 'We need to have at least 24 frigates,' says a senior admiral. 'Currently we are 10 short.'
Though the government says public and private shipyards compete on equal terms, public shipyards feast at the high table with the defence ministry, with only scraps being tossed to private shipbuilders.
"INS Kiltan strengthens our defence system and will be a shining armour in our 'Make in India' programme," Sitharaman said.
Bank shares were the top losers after sharp gains last week.
The Indian Navy is constrained by its lowest budgetary allocation since 2011-2012, reveals Ajai Shukla.
'An ASW corvette without towed array sonar and an ASW helicopter is nothing more than a feeble joke,' says a retired navy commodore.
A handler of Pakistan's Intelligence Operative and one Border Security Force serving officer have been arrested.
With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.
The navy's plan to build three Russian Talwar-class frigates has a less than wholesome odour.
This is the first time an Indian shipyard has been commissioned to design and build a warship to specifications formulated by a buyer country. This marks an important first landmark in the Bharatiya Janata Party-led government's drive to increase defence exports.
The navy wants to spend Rs 40,000 crore on INS Vishal, a choice the army and air force oppose. This is as much about turf as about funding. explains Ajai Shukla.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Long Range Surface to Air Missile jointly being developed by India and Israel is an answer to potential threats from Pakistan's anti-ship missile.
'With Pakistan's 'first use doctrine' threatening the use of nuclear weapons early in a war with India, the S-400 will shield vulnerable targets like Delhi and Mumbai, complicating Pakistan's targeting calculations.'
'The range of purchases throw a light on India's threat perception as also its perceived role of being a stabilising influence in the region,' says Brigadier S K Chatterji (retd).
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