Of the total 124, CVRDE had already delivered 29 MBTs in two instalments till March this year. Rest of the Arjun tanks would be delivered by March 2010, Pillai said.
The defence ministry on Thursday sealed a contract to procure 118 main battle tanks Arjun for the Indian Army at a cost of Rs 7,523 crore, in a major move to boost its combat capabilities.
The Defence Research and Development Organisation on Friday successfully carried out the maiden flight of the indigenously developed unmanned aircraft at Chitradurga, Karnataka.
Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.
It said the ATGM has been developed with a capability to launch from multiple platforms and is currently undergoing technical evaluation trials from 120 mm rifled gun of MBT Arjun.
Sources said of the 13,700 crore, Rs 8,300 crore will be for procuring 118 Arjun (Mk-1A).
Docking technology is crucial for sending people and cargo to space stations.
The laser-guided anti-tank guided missile is likely to significantly enhance the fire-power capability of the Indian Army particularly along the frontiers with Pakistan and China, the officials said.
The Uttar Pradesh government is taking comprehensive measures to ensure the Ganga River is "dip-safe" during the Maha Kumbh, a massive religious gathering. This includes daily water testing, a 200-km temporary drainage system for greywater, and state-of-the-art technology to manage human waste. Authorities are also emphasizing the importance of keeping the river clean by removing pooja waste and encouraging the use of reusable items.
'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'
ISRO's Thiruvananthapuram-based Vikram Sarabhai Space Centre successfully conducted a series of drogue parachute deployment tests at the rail track rocket sled facility of the Terminal Ballistics Research Laboratory in Chandigarh during August 8-10.
'It is our duty to keep space sustainable and free of debris.'
India's e-commerce market alone is projected to reach $200 billion by 2026, making it a prime industry for ambitious entrepreneurs, explains rediffGURU Harsh Bharwani.
Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.
The vehicle can be used as an aerial target for evaluation of various missile systems.
India stares at the risk of an influx of Chinese products as US tariffs on a range of Chinese goods, including solar panels, electric vehicles, lithium-ion batteries, syringes, and steel, are set to take effect from September 27. With higher tariffs reducing China's access to the US market, there is concern that China may divert its exports to other markets, including India, which could lead to potential dumping of goods. This situation could challenge Indian industries, particularly in sectors where competition with Chinese products is already fierce.
'With India's growing capabilities in the space sector, this creates promising opportunities for enhanced collaboration and market access.'
'We have all the technologies available, but it should be converted to something that can be commercially viable.'
In March 2021, Ola Electric founder Bhavish Aggarwal was seen surveying an empty 500-acre land surrounded by shoe factories, temples, bakery shops, coconut trees and dusty roads in Pochampalli town of Krishnagiri district, Tamil Nadu. Many excavators and workers were busy at the construction site to build the Ola Futurefactory for electric vehicles.
Do we have enough trained oncologists and medical professionals in India to man these over 4,500 beds in the public sector?
Electric two-wheeler (e2W) maker Ather Energy has submitted preliminary papers to the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the IPO will comprise a fresh issue of equity shares valued at Rs 3,100 crore, alongside an offer for sale of 22 million equity shares by its promoters and investor shareholders.
'We started AgniKul to show that space transportation should be as simple as road transportation.'
As remarkable as DRDO's contribution in containing and treating COVID-19 has been, its success over the last 15 months has been in its primary role of developing conventional defence equipment and technologies.
'India is the sixth-largest market for the Kia Corporation, and contributes 8 to 9 per cent to our global sales.' 'We are eyeing 10 per cent market share over the next few years depending on customer demand and new product innovations.'
The mission has been delayed for several years because of setbacks in the spacecraft's development.
The missile positioned at launch pad-3 of the ITR swung in to action after getting signal from the radars to intercept a moving aerial target supported by an unmanned air vehicle (UAV) 'Banshee' over the Bay of Bengal, officials said.
India is developing an unmanned aerial vehicle similar to the American Predator drones with an investment of Rs 1,500 crore and planning unmanned combat vehicles, a key official involved in the project said on Monday.
Honda Motorcycle and Scooter India (HMSI), India's second-largest two-wheeler maker, on Wednesday revealed its electric vehicle (EV) roadmap, which includes setting up a dedicated EV factory, launching the first two EVs in 2023-24, and establishing 6,000 battery exchange points in the country. HMSI plans to establish a specialised unit for the manufacturing of electric vehicles (EVs), named 'Factory E', at its Narsapura plant located in Karnataka. Factory E will be created by converting an existing production line that currently manufactures internal combustion engine (ICE) vehicles, said Atsushi Ogata, HMSI managing director and chief executive officer.
'Thirty per cent of the world's deaths in young people, due to heart disease, are encountered by people in India.'
This MRSAM version is a surface-to-air missile developed jointly by DRDO and Israel Aerospace Industries for use by the Indian Army.
'When a Project Director is appointed, the whole organization -- including the Chairman ISRO -- works for his success. It is a lesson that has been of abiding value all through the other projects I have worked on,' recalls the late President, one of the earliest pioneers at ISRO.
The latest consignment from China consisted of about 1,70,000 PPE kits, including donations for the use of healthcare professionals involved in the treatment of COVID-19 patients. Sources said these PPE kits were sent to the Defence Research and Development Establishment (DRDE), Gwalior, for quality testing.
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 Indian Space Research Organisation (ISRO) is set to welcome the new year with the launch of its first X-Ray Polarimeter Satellite that would offer insights into celestial objects like black holes, onboard a Polar Satellite Launch Vehicle rocket on Monday.
Sources in the military establishment also said the present global scenario "necessitates a flexible and adaptive approach" to tackle defence and national security challenges.
Till now, India has been importing Israeli-made 'Heron' medium and high altitude series of UAVs for the three services, which are using them extensively for surveillance operations in Jammu and Kashmir and certain other strategic areas.
Aeron Systems, founded in 2008 by Ashvani Shukla and Abhijit Bokil, is looking to contribute to programmes such as the Tejas light combat aircraft
The National Security Strategy document should flag all major issues concerning security strategy and provide guidelines to concerned departments to work out suitable action plans. Since the global and regional geopolitical canvas is dynamic, the NSS document should be deliberated at length before formulation and should be reviewed periodically, recommends Commodore Venugopal Menon (retd).
Although the BJP has never been ballistic about the BJD and Narendra Modi has avoided being critical of Naveen Patnaik, the BJP is optimistic that the party can improve its electoral fortunes in Odisha on its own, notes Rup Narayan Das.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
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