The most important positive of India's stealth bull market is earnings growth across different sectors, explains Debashis Basu.
'The huge amount of investments being made by telcos in India for telecom gear, there is no way this demand could be met only by Europeans.' 'The Chinese are quick in installation and offer great value for money.'
There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.
'If private capex has to kick in, there should at least be 2-3 years of visibility.'
India and the United States are in discussion for supply of 145 M777A2 LW155 howitzers for the Indian Army, it said.
These companies were identified through the India Innovation Growth Programme, an innovation contest through which the US firm identifies Indian research and development potential.
The tank, designed, developed, and manufactured by the Defence Research and Development Organisation's Combat Vehicles Research and Development Establishment and made in Tamil Nadu, will be used to protect northern borders.
Prime Minister Narendra Modi began his engagements in the US on Thursday by meeting with leading American CEOs from five different key sectors and highlighted the economic opportunities in India.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
'Those who say that conventional war is a thing of the past or that war is not an option, or that diplomacy alone can prevent war -- are wrong and we see that in Ukraine.'
The French minister also referred to India's planned induction of a second aircraft carrier and indicated that France will be interested in supplying the carrier-based jets.
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 Modi visit will prove to be the watershed where India and the United States commenced technology trade and transfer.'
India is looking for a VSHORAD system to replace its ageing system from Russia and would be sourcing more than 5000 missiles and 1200 launchers.
'I was a young pilot in the IAF and Tom Cruise (with his genuine Ray-Bans) was now an icon with his sensational performance in Top Gun.' 'The IAF, maybe influenced by the movie, decided to 'issue' pilots Ray-Bans as part of their flying kit,' remembers IAF Veteran Air Commodore Nitin Sathe.
The Prime Minister also underscored the importance of public sector undertakings in the country.
Singh received the aircraft at the Rafale fighter jet handing-over ceremony at Merignac in the presence of French Minister of Armed Forces Florence Parly. Members of the top military brass of France as well as senior officials of Dassault Aviation, the makers of Rafale, were also present at the ceremony.
'I'm pitching India for the strengths we offer, including the English language, engineers, doctors, nurses, professionals, innovative talent of startups.'
In a major milestone, India successfully tests new advanced towed artillery gun system.
Gautam Adani on Tuesday said his ports-to-energy conglomerate never slowed or stopped investing in the country as the group's success is based on its alignment with the India growth story. Speaking at the annual shareholder meeting of the group companies, he said the previously announced $70 billion investment in new energy business will help turn India from being a net importer of oil and gas to an exporter of clean energy. "Never have we walked away from investing in India, never have we slowed our investments," he said. "We believe our scale, our diversified business, and our track record of performance positions us very strongly to continue to perform well in a variety of market conditions."
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
The army is planning to procure 100 self-propelled artillery howitzers and three Indian vendors, including two private companies, have been selected for trial of their equipment, Defence Minister A K Antony told the Lok Sabha on Monday.
The Sri Lankan government has asserted that the recently signed maritime security pacts with India will "neither result in hindrance nor threat" to the island nation's security as "misinterpreted" by several media outlets in this country.
As Indian Army chief General Manoj Mukund Naravane inducted the last of the 100 K-9 Vajra guns ordered, three of these howitzers have been deployed for trials in high altitude mountainous area of Ladakh.
Currently women are allowed in a number of select areas including in medical, legal, educational, signals and engineering wings of the army.
Around four lakh people who attended the event were treated to a spectacular flying display of fighter, civilian aircraft and helicopters.
The Tejas Mark 1A outperforms the Sino-Pakistan JF-17 Thunder in avionics and weaponry, but the finance ministry's tax burden makes the Indian LCA costlier and hurts it in the export market.
The helicopter is fitted with a self-defence system against heat seeker missiles, heavily-armoured cockpit, vital systems and components.
The defence ministry has issued a request to original equipment manufacturers and vendors for information on such bombs, which could be used by Navy's fixed-wing aircraft.
The Rafale maritime fighter aircraft on Monday demonstrated its operational capability at a naval facility in Goa as the Navy plans to acquire a fleet of combat jets for its indigenous aircraft carrier (IAC) Vikrant, people familiar with the development said.
While there were concerns about the security aspect of drones, top government officials were of the view that restricting the drone industry would stifle a sunrise sector which holds significant promise for future, reports Arindam Majumder.
A 1,000 kg handwoven khadi tricolour, the largest in the country, was unfurled atop a high mountain overlooking the Leh valley on Saturday to commemorate Gandhi Jayanti and the 75th anniversary of India's Independence.
Apart from sustaining your portfolio when the domestic market is faring well, global diversification also safeguards it against currency risk.
The Rafale will surely be flying in Indian skies next year. But the way the BJP government has botched this will cast a shadow on defence acquisitions in the years to come.
His visit to India followed a few cancelled plans since he took office in July 2019 due to the coronavirus pandemic crisis, with the two leaders holding several virtual talks and eventually meeting in person on the sidelines of the COP26 climate summit in Glasgow last November.
India is pursuing sales to South East Asian countries that are wary of Chinese aggression, including Vietnam and the Philippines.
It is the first-ever visit by a head of the Indian Army to South Korea.
Though it is often said that Indian Railways is the largest employer in the world, but it seems it is not
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.
L&T set up the Armoured Systems Complex to manufacture and integrate advanced armoured platforms, such as self-propelled artillery Howitzers, future infantry combat vehicles, future-ready combat vehicles and future main battle tanks.
