In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol vessels and six next generation missile vessels at a cost of nearly Rs 19,600 crore, officials said.
AK-203 assault rifles, with an effective range of 300 meters, are lightweight, robust and easy to use modern assault rifles with proven technology.
The warship is packed with a plethora of sophisticated sensors, modern radar and weapons systems such as surface-to-surface missiles and surface-to-air missiles, according to the Indian Navy.
The ministry said the 'multi-mode' hand grenades will replace the "World War II vintage" grenades being used by the Indian Army.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Banning the import of platforms that are already being built in India serves little purpose.
The Raksha Mantri was unable to address media queries about how much the Modi government was paying for 36 Rafales compared to what the UPA government had negotiated.
The Congress has raised several questions on the Rafale deal, accusing the government of compromising with national interests.
A large Dhruv order could significantly boost Indian defence exports. These have grown from Rs 1,940 crore in 2014-2015 to Rs 10,745 crore in 2018-2019.
Private shipyards like the Reliance Defence and Engineering Limited are likely to respond to the navy's Request for Information (RFI) along with state-run shipyards.
The trio also accused PM Modi of single-handedly changing the parameters of the deal.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
INS Vishakapatnam's ground attack and anti-ship capabilities are achieved through a bank of BrahMos cruise missiles that can be fired at targets up to 295 km away.
Defence minister claims MoD 'alive and kicking' after 'getting the weeds out'.
French sources say Hollande was motivated to speak out after an Indian media report revealed that the Reliance Group had part-funded a film venture by his domestic partner, French actress Julie Gayet.
The 'request for proposal' for the indigenous construction of the six submarines will be issued soon, they added.
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.
Asked about his fleet of luxury cars and other references to his lavish lifestyle as the counsel for the banks cross-examined him, the Reliance Communications chief dismissed them as "speculative" media stories.
Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the formula for its concentrate to Indian shareholders.
CSD was created to provide easy access to quality products of daily use, at prices less than market rates to the soldiers, ex-servicemen and their families
He allegedly advanced the cut-off date to favour accused firms in allocation of 2G licences.
In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he concluded that he did not accept Ambani's defence that his net worth was nearly zero or that his family would not step in to assist him when "push came to shove".
The Mukesh Ambani-led Reliance Industries' Ahmedabad-based subsidiary ADSL, or Allied Digital Services Ltd, has won a Rs 1000-crore tender to install closed circuit cameras and sensors throughout Mumbai, reports RS Chauhan
Richest Indian Gautam Adani's ports-to-power-to-cement conglomerate is "deeply overleveraged" with the group predominantly using debt to invest aggressively across existing as well as new businesses, CreditSights, a Fitch Group unit, said on Tuesday. In a report titled 'Adani Group: Deeply Overleveraged', CreditSights said, "In the worst-case scenario, overly ambitious debt-funded growth plans could eventually spiral into a massive debt trap, and possibly culminate into a distressed situation or default of one or more group companies." Starting out as a commodities trader in the late 1980s, the Adani group has diversified from mines, ports and power plants into airports, data centers and defence.
In a record time of 13 years, the Indigenous Aircraft Carrier Vikrant is now ready for formal induction into the Indian Navy.
The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country's first manufacturing-linked solar power plant of 8 GW.
He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore.
Is it Rs 300 billion or Rs 66 billion or Rs 33.12 billion?
There could be significant announcements about India's purchase of Kamov-226T helicopters, S-400 air defence missile systems, and the long-delayed contract for joint development of the Fifth Generation Fighter Aircraft.
Finance Minister Nirmala Sitharaman on Tuesday unveiled a Rs 39.45 lakh crore Budget with a view to fire up the key engines of the economy to sustain a world-beating recovery from the pandemic. This was Sitharaman's fourth Budget. While the taxpayers were left in the lurch, once again, was she able to cheer Corporate India?
Dravida Munnetra Kazhagam MP Kanimozhi on Thursday sought the dismissal of a Central Bureau of Investigation plea seeking special court's permission to summon some additional witnesses, including Enforcement Directorate Deputy Director Rajeshwar Singh, in the 2G spectrum allocation case.
Why did Modi bypass the Cabinet before he committed India to the Rafale deal?
There were 35 defects that still remained to be resolved. Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being commissioned with a full complement of its primary weapon, the torpedo.
Ready to protect the waters, India's first indigenously-built anti-submarine warfare corvette INS Kamorta will be handed over to the Indian Navy on Saturday, defence officials said.
Govt wants domestic production so as to save foreign currency.
Ajit Mishra, vice president, Research, Religare Broking, answers queries on how to invest in stocks.
The apex court said there was no occasion to doubt the decision-making process in the multi-billion dollar Rafale deal.
The NINL management can see this as their moment of giving back to the nation and humanity. Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day. 418 tonnes is about 58% of Delhi's daily demand for oxygen, notes Sudhir Bisht.
Mukesh Ambani said the Digital India initiative has the potential to transform the lives of 1.2 billion Indians using the power of digital technology.
So keen is Moscow that India buy its helicopter -- Kamov-226T -- that President Vladimir Putin personally took up the issue with PM Narendra Modi during their summit meeting last year
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