The 'Make in India' concept in the defence sector has the potential to help India meet 70 per cent of its defence needs in a few years.
Four goals, including a hat-trick by Agnelo Gomes, was the highlight of the NFL match.
'We not only have to secure our national interests but also prepare for new national security challenges like cyber warfare and terrorism.'
The Light Utility Helicopter, which Hindustan Aeronautics Ltd is designing for the Indian military, has encountered turbulence even before leaving the drawing board. French engine-maker Turbomeca, whose vaunted Shakti engine was to power the LuH, is demanding what Ministry of Defence sources term 'extortionist prices' for integrating the Shakti with the LuH.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
Hindustan Aeronautics Ltd, a public sector undertaking under the Ministry of Defence, would export its newly developed advanced light helicopters to Nepal and other countries.
Hindustan Aeronautics Limited has climbed six notches to reach the 45th position in the list of top 100 defence companies in the world.
Rahul Dravid claimed a strong club cricket culture has a lot to do in breaking the long-standing trend of city cricketers dominating the passage to the national team.
Defence exports grew 33 per cent in the calendar year 2023 (CY23) to around Rs 21,083 crore while domestic defence orders serviced by listed companies were Rs 48,000 crore. The sector is poised for steady growth. Budgeted domestic capex is likely to hit Rs 3 trillion per annum, and exports could reach $6 billion by FY29.
The Defence Research and Development Organisation (DRDO) has prepared the design of the aircraft while HAL is producing the engine and other parts.
Boeing is likely to vie for the deal to supply 110 fighter jets to the IAF in one of the biggest such procurement in recent years globally which could be worth over USD 15 billion.
State-run Israel Aircraft Industries on Wednesday signed an international marketing agreement for a light helicopter made by India's Hindustan Aeronautics Ltd.
I-League champions Salgaocar registered their first victory in the 33rd Federation Cup football tournament, trouncing Hindustan Aeronautics Limited 4-0 in Pune on Tuesday.
East Bengal lifted themselves up from a gloomy first-half and fired two late goals to blank HAL, Bangalore in their return leg I-League fixture at the Yuba Bharati Krirangan in Kolkata on Saturday.
The Mark-1A will be more sophisticated and capable than the Tejas Mark-1.
HAL defied form and name to upset former champions Dempo 4-2 to move out of the I-League's relegation zone and stay afloat for the next season.
The agreement with HAL is irrespective of the decision made by Indian Navy whether to go for Hawkeye or not.
Identifying Hindustan Aeronautics Limited as its "'main partner' in the multirole combat aircraft deal, France's Dassault Aviation today said it will set up a joint venture company with Reliance Industries to work on the $10 billion Rafale project.
The report was leaked to the media on August 29, 2021 "to subvert" the Bombay high court-directed probe against him, the agency has alleged.
The Hindustan Aeronautics Ltd is pushing for exports of its flagship helicopter Dhruv to Chile with an aim to make an entry into the South American market.
The plane went up in flames as it crashed with an explosion and thick smoke billowed from the spot, leaving passersby and residents living around the airport in a shock.
While the Army will be getting around 100 light utility helicopters, it is also looking at the option of taking choppers on lease to meet its requirement.
"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.
Under a memorandum of understanding signed in New Delhi by Jim Albaugh, President of Boeing Integrated Defence System and HAL Chairman Ashok K Baweja, the Indian defence PSU, will manufacture subsystems for Boeing's wide range of fighter planes like F-15, F-18 Super Hornetts and Apace Helicpoters.
HAL helicopters will be equipped with an 'Obstacle Avoidance System' that warns pilots of any obstacles in their flight path.
HAL, which finished third in the second division last year, were promoted after Tata Football Academy withdrew from the premier division.
The opening match will be followed by Kolkata giants East Bengal taking on Mumbai's Air India in the 27th Federation Cup.
'Those betting against PSUs will likely be punished in this upswing.'
Recently, the government relaxed foreign direct investment (FDI) norms for the space sector by allowing 100 per cent FDI in manufacture of components, systems or sub-systems for satellites, ground segments, and user segments. It also permitted 74 per cent FDI in satellite manufacturing and operation as well as satellite data products and 49 per cent in development of launch vehicles and spaceports. Following this, stocks of related companies saw an uptick on the bourses.
Stocks of public sector undertakings (PSUs) have been on fire in the past year as investors cheered an improvement in key operating metrics and embraced counters of these state-owned enterprises, analysts suggest. The S&P BSE PSU Index has gained over 90 per cent in the past year, rising much higher than the S&P BSE Sensex, which has rose nearly 19 per cent during this period, according to ACE Equity data. The BSE PSU Index, reports show, has delivered a compound annual growth rate (CAGR) of 28 per cent (including dividends reinvestments) over five years and risen by almost 60 per cent in the past year.
The pact is significant as India has been sourcing its military jets from Russia and European consortia.
The Surya Kiran aerobatic team of the Indian Air Force will perform an air show ahead of the World Cup final in Ahmedabad on November 19.
Taking potshots at the prime minister, Gandhi said he should stop talking about the past and start doing his work.
Under the deal signed in Moscow last month during Indian Defence Minister A K Antony's visit, HAL will supply large components to Russia's Irkut Corporation for assembling the airframes of Su-30MK fighters. The Russian firm is working on Indian, Malaysian and Algerian export orders.
The CBI had registered a preliminary enquiry in 2016 which was later converted into a regular case, they added.
United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.
The defence ministry billed the 615-acre factory as India's largest helicopter-manufacturing facility and it has been planned as a one-stop solution for the country's chopper requirements.
