Defence Acquisition Council

Centre approves procurement proposals worth ₹79,000 crore for armed forces

The Defence Acquisition Council has cleared procurement proposals, including purchases of missiles, ships, torpedoes, and advanced surveillance systems, to boost India's defence capability

Why Motilal Oswal retained 'Buy' on Bharat Electronics; shares up 3%

Motilal Oswal analysts retained their 'Buy' rating on BEL with a target price of ₹490, based on 45 times September 2027 estimated earnings.

What's firing up Bharat Dynamics? 8 reasons behind MOFSL's positive view

MOFSL today initiated coverage on Bharat Dynamics with a 'Neutral' rating and a target price of ₹1,900, indicating a downside of 4 per cent from current levels.

Govt bolsters self-reliance in warfighting with indigenous weapon purchases

Latest acquisition drive appears to focus on Indian Navy's modernisation

DAC ₹1.05-trn nod spurs defence stocks; Paras, Astra, BEML jump up to 9%

The sharp rally in defence stocks came after the Defence Acquisition Council (DAC), headed by Defence Minister Rajnath Singh, approved 10 major capital acquisition proposals on Thursday.

Defence Acquisition Council approves defence purchases worth ₹1.05 trn

DAC clears defence buys to boost mobility, air defence, naval safety and promote indigenously designed, developed and manufactured military systems

DAC clears proposals of Rs 54,000 cr to strengthen defence capabilities

To strengthen aerial surveillance, the DAC has approved the procurement of Airborne Early Warning & Control aircraft systems for the Indian Air Force's battlefield awareness

Shipbuilding stocks in focus: GRSE, MDL, Cochin Shipyard gain up to 7%

The Defence Acquisition Council (DAC) is likely to discuss proposals of mega projects worth around Rs 1.2 trillion for approval in a meeting scheduled for today.

Strong order book, upgrades help HAL fly past the Rs 2 trillion mcap mark

The shares of HAL hit a new high of Rs 3,038.60, surging 5 per cent on the BSE in intraday trade on Friday on a robust business outlook

Indian Army calls upon domestic firms for critical equipment procurement

The Indian Army on September 18 invited domestic defence firms to offer critical equipment for emergency procurement

Rajnath-headed DAC clears projects worth Rs 76,390 crore for armed forces

"The focus (will be) on enhancing indigenisation, particularly on indigenising aero-engine material," said the DAC

Govt approves construction of 6 advanced submarines at cost of Rs 43,000 cr

First such acquisition under Strategic Partnership model to give a big boost to Make in India, says Ministry of Defence

DAC approves acquisition proposals worth Rs 13,700 cr for armed forces

Defence Acquisition Council has also approved that all capital acquisition contracts shall be concluded within two years

DAC has given nod to procurement proposals totalling Rs 8,722 cr: MoD

Post-certification, 70 aircraft will be initially procured from HAL and another 36 after operationalisation of the HTT-40 fleet in the IAF

Rajnath, CDS to attend DAC meet for speeding up procurement of weapons

"The meeting is being held to speed up the procurement of weapons systems and ammunition for the armed forces," said a defence official

Eye on China: India to get Rs 38,900-cr defence upgrade amid border dispute

To buy 21 MiG-29s, 12 Sukhoi-30MKI aircraft, upgrade existing 59 MiG-29s

Ministry of Defence 'nominates' DRDO for building e-warfare systems

The Mountain EW system "would be designed and developed by DRDO and manufactured by design-cum-production partner from the Indian (private) industry," announced the MoD

Policy to allow private investment in defence finalised by govt

Policy will allow local pvt cos to work with foreign players to make high-tech defence equipment