Bharat Electronics (BEL) reported excellent results for the January-March quarter (Q4) of FY24, which were driven by decent EBITDA margins and higher PAT as well as good revenue growth. Order inflows were also good. BEL is a major beneficiary of the policy of defence indigenisation.
The project would be carried out indigenously and the majority of the technology and equipment to be used would be made in India.
Nearly 40 per cent of IITians sitting for placements in 2024 are yet to receive job offers, showing a doubling of the 'unplaced' in the last three years from 19 per cent in 2021-2022 to 38 per cent in 2023-2024.
National security advisor Ajit Doval on Friday suggested that various central armed police forces of the country should have "jointness" and interoperability among themselves like the ongoing plan for the defence forces.
At least 17 different tests are planned by ISRO next year before it carries out the unmanned space flight in December next year.
The triennial exercise will take place for two hours and fifteen minutes during the day, dusk and night, he 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.
In recent times, more and more audit firms have challenged company managements, some going to the extent of resigning on the ground of incompatibility with what the management wanted or was doing. This, said Ajay Bhushan Pandey, chairman of the National Financial Regulatory Authority (NFRA), in a media interview, was a good sign. Now, the national accounting watchdog has turned the spotlight on audit firms themselves.
The HAL displayed for the first time the scale model HLFT-42, at the Aero India.
The IAF has already set up a dedicated operations direction centre for coordinating various aspects of the arrangements with security agencies concerned, they said.
'Just because of my background and poor academic qualifications, most people disbelieve what I have done.'
According to the Korean Central News Agency (KCNA), top officials, including the country's leader Kim Jong Un, held a crisis politburo meeting to discuss the outbreak and announced they would implement a 'maximum emergency' virus control system.
Auditors seem to have developed a heightened sense of risk and are not content to tick the boxes and sign the papers.
Minister of State for Defence Ajay Bhatt in a written response to a query in Rajya Sabha on Monday said that "as on date, the DRDO is working on 55 mission mode projects out of which 23 projects are delayed".
The US health regulator has pulled up drug major Sun Pharma for manufacturing lapses, including failure to follow appropriate written procedures designed to prevent microbiological contamination of drug products, at its Gujarat-based plant. In a warning letter, the US Food and Drug Administration (USFDA) pointed out various lapses at the Halol plant which produces finished pharmaceutical products. "This warning letter summarises significant violations of Current Good Manufacturing Practice (CGMP) regulations for finished pharmaceuticals... Because your methods, facilities, or controls for manufacturing, processing, packing, or holding do not conform to CGMP, your drug products are adulterated," the USFDA stated.
The first five months of 2023 have witnessed at least six major events/trends that augur badly for global economic and socio-political prospects, points out Shankar Acharya, former chief economic adviser to the Government of India.
The Indian Army on Tuesday issued a request for information for procuring integrated drone detection systems.
The VL-SRSAM, which DRDO developed for the Indian Navy, was fired from a warship at a high-speed aerial target mimicking incoming enemy aircraft.
For more than a decade, sockpuppets - some of them being company employees - created 'puffery' around tycoon Gautam Adani, his family and the apples-to-airport group he helmed by adding non-neutral material and removing warnings from information on Wikipedia, the free internet-based encyclopedia has alleged. Adani, a first-generation entrepreneur, has lost over $70 billion in net worth and slipped to 25th rank on the world billionaire index from being Asia's richest and the world's third most wealthy businessman, in less than a month. This followed US short-seller Hindenburg Research accusing the group of accounting fraud, stock price manipulation and money laundering, allegations that the conglomerate has repeatedly denied, and threatened legal action.
The Central Bureau of Investigation has arrested Delhi lawyer Gautam Khaitan in the case of alleged commission paid by Brazilian aircraft manufacturer Embraer to a UK-based NRI middleman to swing a three-aircraft deal with DRDO worth $210 million in its favour in 2008, officials said on Thursday.
In all likelihood, the next conventional Chinese attack on India would be preceded by a massive cyber attack designed to cripple Indian networks and interfere with our disaster-relief programmes.
India does not have the facilities needed for developing advanced aerospace products. There is only one wind tunnel in the country, the almost six decade old one in the National Aeronautics Laboratory.
For the first time, a home-grown howitzer gun will be used for the ceremonial 21-gun salute during the Independence Day ceremony at Red Fort, Defence Secretary Ajay Kumar said on Wednesday.
Rejecting Biden's comments, Pakistan foreign minister Bilawal at a press conference here said that Pakistan was following the global standards.
'This cannot be credibly explained away by referring to a "technical glitch".'
With new added technologies, including the control system, the missile was test-fired from the Integrated Test Range (ITR) launch pad-III at Chandipur around 10.45 am, said a source at the Defence Research and Development Organisation.
Pakistan has rejected India's action over the March 9 accidental firing of a supersonic BrahMos missile that landed in its territory as "totally unsatisfactory, deficient and inadequate" and reiterated its demand for a joint probe into the incident.
German luxury carmaker Mercedes-Benz on Monday launched its all-new performance car 'AMG GLE 63 S 4MATIC+ Coupe' priced at Rs 2.07 crore (ex-showroom all India). The model is powered by a 4-litre engine, which produces a power of 612 hp. It is the 12th model available in India from the AMG performance car range of the company, Mercedes-Benz India said in a statement.
In the confrontation in Doklam, where Indian and Chinese soldiers were lined up eyeball-to-eyeball, senior Indian commanders recount they could sense the uncertainty in the Chinese. While Indian soldiers had to be restrained from pushing the Chinese troops back, our chief interpreter heard the Chinese officers threatening to open fire on PLA soldiers who wavered or withdrew, reveals Ajai Shukla.
The QRSAM system is unique in its ability to operate on the move, searching for and tracking enemy targets; and then fire on a short halt.
The chief of air staff also said that independent air defence systems in the field will have very little relevance in tomorrow's wars unless they are a part of a larger integrated air defence system.
'Unlike on the western and eastern borders where there is an enemy at the gate, here there is an invisible enemy which is building its own capability and can come into play at a time and place of his choosing.'
With the Indian Navy's requirement of conventional submarines standing at 24, there is critical need to expedite the planned acquisition of six more conventional submarines.
Engineering, telecom and healthcare sectors are likely to add close to 12 million new jobs by FY26, largely due to the focus on recovery along with technology proliferation and digitisation in these segments, according to a report. A report by TeamLease Digital, the staffing division of TeamLease Services, said specialised staff or professional staff with high-skill and expertise will form nearly 17 per cent of the overall jobs created. The report -- titled 'Professional Staffing - Digital Employment Trends Report' -- is a qualitative research that has surveyed and interviewed more than 750 employers/ leaders from across engineering, telecom and healthcare sectors.
The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.
This is the first time since Independence that a new operational branch is being created, Chaudhari said in his speech on the occasion of 90th anniversary celebrations of the IAF.
The Indian Space Research Organisation on Sunday faced a blip in its plan to tap the small satellite launch vehicle market, as an anomaly in the placing of the satellites by the rocket led to deviation on its path thereby becoming 'no longer usable', Chairman S Somanath said on Sunday.
Aviation is a juicy target. It's a 24x7 industry, which cannot afford delays or loss of customer credibility.
The chief of air staff said Chinese actions along the frontier including in the Ladakh sector are being monitored constantly and the IAF's overall preparations are part of continuing efforts irrespective of challenges from China.
The symbolism of the sinking of a major naval ship is deeply complex and military history is replete with tales of how the loss of a single high value war ship perhaps impacted the larger war that the nation in question was engaged in, points out Commodore Venugopal Menon (retd).
