The Navy commander also said that as many as 39 naval ships and submarines are currently being constructed in various Indian shipyards that are expected to significantly boost India's maritime prowess.
The 15 choppers that met with accidents included four Advanced Light Helicopter (ALH), four Cheetah, two ALH (weapon system integrated) versions, three Mi-17V5, an Mi-17 and a Chetak.
The government on Friday conferred Navratna status on public sector giants Bharat Electronics Ltd, Hindustan Aeronautics Ltd and Power Finance Corporation Ltd.
Prominent in the DRDO's display are several artillery guns, armoured vehicles and tanks that underline a measure of success in developing these key weapons platforms for the army. Here are three systems that are headed for success.
Even jihadis infiltrating across the Line of Control into Jammu and Kashmir have been found to have better night vision devices than the lavishly funded Indian Army, says Ajai Shukla
Bharat Electronics Q3 results on Jan 30.
India will deploy an indigenously built coastal surveillance system in 46 strategic western and eastern locations in the country from this November to check intrusions from sea and counter such threats, officials said on Tuesday.
The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.
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.
Boeing, the US-based global aircraft manufacturer, has signed a Memorandum of Understanding (MoU) with government-owned Bharat Electronics Ltd (BEL) to develop an analysis and experimentation centre.
State-run power firm NTPC overstated its profits by Rs 938 crore (R 9.38 billion) in 2007-08, the Comptroller and Auditor General of India said in a report, but categorically stated that chances of Satyam like frauds in PSUs are very remote.
Bharat Electronics Ltd has posted a net profit of Rs 531 million for the quarter ended December 31, 2002 as compared to a net profit of Rs 257.50 million in the corresponding period last fiscal.
India's state-owned Bharat Electronic Ltd said on Monday that it had won a Rs 5.5-billion order to make short-range radar equipment for the Indian military.
The prominent recipients include Maharashtra (275), Delhi (275), Gujarat (175), Bihar (100), Karnataka (90), Rajasthan (75).
C2C DB Systems is tightly integrated into India's warship production eco-system.
The unmanned aerial vehicle has been developed for surveillance and broadcasting and is ready for commercialisation.
The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.
The Election Commission has placed orders estimated at more than Rs 300 crore with Electronics Corporation of India Ltd and Bharat Electronics Ltd to deliver Electronic Voting Machines for the Lok Sabha elections.
The officials said they would need around Rs 4,500 crore to buy nearly 12 lakh additional electronic voting machines and an equal number voter-verifiable paper audit trail machines.
He also lamented that EVMs are being used as a 'football' and some sections are doing a 'motivated slugfest' over their use.
The missile system can target aircraft up to 30 km away, at altitudes up to 18,000 metres. It has the capability to neutralise aerial targets like fighter jets, cruise missiles and air-to-surface missiles.
The Finance Ministry has filed the offer document with market regulator Securities and Exchange Board of India for the Central Public Sector Enterprises ETF, which could fetch the exchequer about Rs 3,000 crore (Rs 30 billion).
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
INS Sindhukirti's refit took so long that many defence experts believed the vessel would never return to operational service.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The poll panel said it did not receive specific complaints or concrete material from political parties and candidates about alleged tampering of EVMs during recently held election process.
With cruise missile and air strikes being India's most likely response to a hypothetical Pakistani terrorist outrage in the future, retaliation from the Pakistan air force is inevitable. That is where the S-400 will come into play, says Ajai Shukla.
With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.
The Supreme Court on Friday asked the Election Commission to explore the possibility of introducing Vote Verifier Paper Audit Trail in EVMs to maintain paper record of each vote for upcoming assembly polls in five states and next general election in 2014.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.
Boeing's plan involves setting up an Indian factory and the aerospace ecosystem to build the Block II Super Hornet.
'An ASW corvette without towed array sonar and an ASW helicopter is nothing more than a feeble joke,' says a retired navy commodore.
'... it must network its battlefield units quickly, securely, robustly,' notes Ajai Shukla.
Ordering more Akash systems is essential for the Indian defence industry.