Page 27 - Defence Sector

Top headlines: PM launches 7 defence PSUs; Brent oil surges to $85/barrel

Business Standard brings you the top stories from today

India's defence exports increased by 325% in last 5 years: Modi

He pointed out that both private and public sectors are working hand in hand for national security

New defence companies will bring opportunities for youth, MSMEs: PM Modi

The country has already placed orders worth Rs 65,000 crore for these new companies, said Modi.

More trust, transparency in defence sector than ever before: PM

India is taking new resolutions to build new future, says PM at event to dedicate seven state-run defence companies

Paras Defence makes stellar debut, lists at 171% premium over issue price

Post listing, the stock was locked in the upper circuit of 5 per cent at Rs 498.75 on the BSE

Ordnance factories' moment in history

As the government restructures defence manufacturing, it must keep in mind that changing the functional model alone won't improve efficiency

C-295 aircraft project great step in opening up aviation sector: Ratan Tata

His comments came hours after the deal to procure the aircraft to replace the Avro-748 planes of the IAF was sealed.

Paras Defence IPO subscribed 318 times with bids worth Rs 38,021 crore

Market experts say it is the most subscribed IPO, surpassing previous record of Salasar Tech, which was subscribed 273 times; HNI portion was 974 times with bids of Rs 25,000 cr

Modi discusses boosting defence tech with General Atomics chief executive

Prime Minister Narendra Modi met Indian-American Chief Executive of General Atomics Vivek Lall and held talks on strengthening India's defence technology sector

Data Patterns files paperwork for IPO; aims to raise Rs 600-700 crore

The firm supplies electronic systems to defence and aerospace sector

Notification allowing women in NDA to be released by May, govt tells SC

The Defence Ministry has informed the Supreme Court that a notification allowing women candidates to appear for the entrance exam to the National Defence Academy (NDA) will be out by May next year.

Should you subscribe to Paras Defense IPO despite weak financials?

Paras Defense IPO is priced at Rs 165-175 per share and looks to raise Rs 171 crore at the upper end of the price band

India, Australia hold inaugural '2+2' talks; Aim to expand strategic ties

India and Australia on Saturday held the inaugural foreign and defence ministerial dialogue to boost overall strategic ties in the backdrop of an unsettling phase of geopolitical flux in the region.

India aiming to create $5 bn worth of defence equipment by 2025: DRDO

The Union government has an ambition to create a $5 billion worth of defence equipment by 2025, a senior DRDO official said here on Friday

India, US sign pact for cooperation in development of air-launched UAV

India and the United States have signed an agreement for cooperation in the development of Air-Launched Unmanned Aerial Vehicle (ALUAV), in yet another step to further expand bilateral defence and military cooperation. The defence ministry said on Friday that the Project Agreement (PA) for ALUAV was signed on July 30 under the overall framework of the Defence Technology and Trade Initiative (DTTI). The pact was signed between the Ministry of Defence and the US Department of Defence. The defence ministry described it as a significant step towards deepening defence technology cooperation between India and the US. "The Ministry of Defence and the US Department of Defence signed a Project Agreement (PA) for ALUAV under the Joint Working Group Air Systems in the Defence Technology and Trade Initiative (DTTI) on July 30," it said in a statement. The PA pact falls under the ambit of the Research, Development, Testing and Evaluation (RDT&E) agreement between the two sides that was first .

Indian Navy seals contract with BEL to procure naval anti-drone system

The Indian Navy on Tuesday sealed a contract with defence PSU Bharat Electronics Limited (BEL) for the supply of the first indigenously developed Naval Anti Drone System (NADS)

Ambitious again? Tata group entering too many global giants' turfs all at once

With its unrelated new initiatives, the group will enter the turfs dominated by the likes of Intel, Samsung, Tesla, Huawei, Amazon and Walmart- all of which are more focused than it - writes T N Ninan

Army given allocation of Rs 2.84 trn between 2017-18 and 2021-22: Govt

The Indian Army has been given a budgetary allocation of Rs 2.84 trillion between 2017-18 and 2021-22 as against Rs 2.22 trillion in the previous five-year period

Army Chief Naravane on two-day visit to southern command: Defence min

General M M Naravane started his two-day visit of the Indian Army's southern command on Friday as he visited the production facilities of Larsen and Toubro (L&T) and Tata Motors in Pune, Maharashtra, the Defence Ministry stated. The Army Chief will be visiting the Indian Navy's airbase INS Hansa in Goa on Saturday, the second day of the visit, the ministry's statement noted. "During his Pune visit, the COAS (Chief of Army Staff) visited Tata Motors at Pimpri where he observed the operations of the assembly lines of passenger and commercial vehicles and engineering research centre," it stated. "A range of Tata vehicles including Xenon, AWD (4x4) Troop Carrier, light bullet proof vehicle and combat support vehicles, namely Mine Protected Vehicles and Wheeled Armoured Amphibious Platform AWD (8x8) configuration were on display," it mentioned. Naravane also visited the Strategic Systems Complex (SSC) of L&T at Talegaon near Pune city to witness their production facilities and ...

98% of defence personnel received both doses of Covid-19 vaccine: Govt

Ninety-eight percent of all serving defence personnel including those deployed at the borders have received both doses of COVID-19 vaccines,