Shares of Premier Explosives were locked in 10 per cent upper circuit after the company's Q1FY24 profit jumped over six-fold to Rs 8.26 crore
As Sinha assumes charge of an organisation that was founded and headed by the legendary R N Kao in 1968, he faces many challenges, some legacy ones
Candidates who took the exam can check and download their results at the official website of drdo.gov.in for the DRDO CEPTAM 10 Admin and Allied Result 2023
Defence Minister Rajnath Singh on Wednesday batted for a foolproof system of internal and external audit for defence expenditure and called for devising innovative ways to maximise the value of money spent on India's security needs. In an address at a conference, Singh called for judicious use of financial resources and said that the rule of competitive bidding through open tender must be followed in defence procurement. Reducing chances of corruption and wastage leads to positive public opinion due to the confidence that public money is being spent optimally and prudently and this increases the possibility of greater funding by the legislature, the defence minister said. He underlined the importance of a robust defence finance system for a strong military and highlighted the need for comprehensive 'Blue Books', codifying the rules and procedures for procurement of military equipment and systems. Singh said, with this vision, the government has formulated 'Blue Books' in the form o
This amounts to a ten-fold increase since 2016-17, when exports were Rs 1,521 crore
Defence PSU Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have concluded a Memorandum of Agreement (MoA) to form a joint venture aiming at a single point of contact for extending long-term product support services for India's defence forces. The announcement was made by Union Minister of State for Defence Ajay Bhat, at Aero India 2023, the ongoing biennial air show and aviation exhibition, at Yelahanka Air Force Station here, a BEL statement said. The partnership is another significant step in cementing the relationship between the two companies that have a long history of association, it said. BEL, a 'Navratna' company which is a leading manufacturer of defence electronic products and systems, and IAI, a top aerospace and defence company in Israel, are engaged in several joint programmes for the Indian armed forces. The new joint venture is being established for providing life cycle support for MRSAM (Medium Range Surface to Air Missile) air defence system
The armies of India and Japan will kickstart a two-week mega military wargame from Friday in the Japanese province of Shiga to share best practices and develop interoperability. Indian Army officials said the exercise, 'Dharma Guardian', is "crucial and significant" in terms of security challenges faced by both nations in the backdrop of the current global situation. The fourth edition of the exercise will take place from February 17 to March 2 at Camp Imazu in Shiga province, they said. "The scope of this exercise covers platoon-level joint training on operations in jungle and semi-urban, urban terrain," said an official. Troops of the Garhwal Rifles regiment of the Indian Army and an infantry regiment from the Middle Army of the Japan Ground Self Defence Force (JGSDF) are participating in the exercise. The Indian Army contingent arrived at the exercise location on February 12. "The joint exercise will enable the two armies to share best practices in tactics, techniques and ...
Union Defence Minister Rajnath Singh on Tuesday held a bilateral meeting with Zambian counterpart Ambrosa Lufuma on the sidelines of Aero India 2023 in Bengaluru
The Republic Parade 2023 kicked off with a march by a contingent of the Egyptian Armed Forces
As many as 458 candidates of Agniveer are set to undergo training at the 1 EME Centre, the premier training institute of the Corps of Electronics and Mechanical Engineering (CEME), officials said.Brig Suresh G, Commandant, 1 EME Centre on Tuesday briefed the media at the Agniveers Training & Administration & Newly Conceptionalised and Constructed Outdoor Musketry Facility.Bharat Bhushan Babu, IIS, ADG (Media & Communication), DPR MoD visited the Training Centre of the Corps of EME, 1 EME CENTRE, Secunderabad and took stock of arrangements for the transformation of the Agniveers.Speaking to ANI Brig Suresh G, Commandant, 1 EME Centre said that 1 EME Centre is responsible for basic training, and advanced and technical subjects for Agniveers of Electronic and mechanical engineers."We have received 458 candidates for the 'Agniveer' training programme. They will undergo 10 weeks of basic training. It's a well-calibrated output-oriented programme and the Indian Army is ...
The air exercise, which will take place from January 12 to 26, will witness the participation of India's Su-30 MKI, two C-17s, and one IL-78 aircraft
The case for the proposed procurement of a fleet of Predator drones from the US is under process, Chief of Naval Staff Admiral R Hari Kumar said on Saturday. The original proposal was to procure 30 MQ-9B Predator armed drones at a cost of over USD 3 billion to crank up India's surveillance apparatus along the frontier with China as well as in the Indian Ocean region. "The case for the procurement is under process. We are discussing whether the numbers have to be rationalised," the Navy Chief said while replying to a question at his annual press conference. The MQ-9B drone is a variant of the MQ-9 "Reaper" which was used to launch a modified version of the Hellfire missile that eliminated al-Qaeda leader Ayman al-Zawahiri in the heart of Kabul last month. In 2020, the Indian Navy had taken on lease two MQ-9B Sea Guardian drones from General Atomics for a period of one year for surveillance in the Indian Ocean. The lease period has been extended subsequently. "We have gained good ..
China's navy is the fastest-growing in the world, but a formidable adversary to rein in its might in the Indo-Pacific is taking shape
How atmanirbhar is India when it comes to defence? What does Nikhil Kamath think of today's venture funding? What drove markets down in Samvat 2078? What is Star Alliance? All answers here
India is showcasing its metal at the ongoing Defence Expo in Gandhinagar. While this is heartening, exactly how self-sufficient have we become in our defence production? Let us find out
Prime Minister Narendra Modi is scheduled to inaugurate DefExpo 22 on Thursday
TASL's executives explain that the company's expertise lies in setting up production facilities in quick time, with mature processes for transferring work packages from global customers
One of the military's worst-kept secrets is that the air force opposes setting up joint theatre commands. The military, however, has walked a long way down the road and the air force must realise that
Swedish weapons giant says legacy supply chain can switch to new product
HAL said the company is deeply dedicated towards manufacturing of indigenous aircraft and helicopter under Atmanirbhar Bharat