Defence production
US, India to seal $1.9 bn Integrated Air Defence System deal
11 Feb 2020
The proposed sale comes ahead of a planned visit by President Donald Trump to India later this month when the two countries are also expected to sign a trade deal
Lockheed Martin reports $1.5 bn Q4 net profit on $15.9 bn net sales
29 Jan 2020
Lokheed Martin ended 2019 with net sales of $59.8 billion, net earnings of $6.2 billion, and a record order backlog of $144.0 billion, and expects 2020 financial outlook to be even better
Mazagon Dock, L&T shortlisted for Rs45,000-cr submarine project
22 Jan 2020
Defence ministry has rejected proposals from Adani Defence and state-owned Hindustan Shipyard Limited, leaving MDL and L&T as Indian partners to team up with foreign manufacturers for the production of six next-generation conventional submarines
Navy to get first India-built aircraft carrier next year
09 Jan 2020
INS Vikrant, which is under Phase-3 construction at Cochin Shipyard Ltd (CSL) is likely to be commissioned by early 2021 and will be fully operational, with its fleet of MiG-29K aircraft, by 2022
SC dumps Rafale petition, contempt plea against Rahul Gandhi
14 Nov 2019
While the court favoured the government in the Rafale case and the contempt case against former Congress president Rahul Gandhi, the 5-judge constitution bench deferred a decision on the Sabarimala temple issue to a larger 7-judge bench
India successfully test fires man-portable anti-tank guided missile system
12 Sep 2019
The man-portable anti-tank guided missile, a third-generation anti-tank guided missile, comes loaded with a high-explosive anti-tank (HEAT) warhead and has a maximum engagement range of about 2.5 kilometers
DRDO successfully test-fires quick reaction air defence missile
05 Aug 2019
India is working to bolster its air defence system with several of such systems being developed indigenously while others like the S-400 air defence system, which is under procurement from Russia, is expected to be delivered in the second half of 2020
Govt invites EoIs for Rs45,000-cr submarine project for Navy
21 Jun 2019
The EoI for shortlisting of Indian strategic partners has been uploaded on MoD and Indian Navy websites and the EoI for shortlisting of OEMs will be issued in two weeks, a defence ministry release stated
DRDO successfully tests extended-range Pinaka guided rocket
12 Mar 2019
The upgraded version of Pinaka rocket, with new guidance system and an extended striking range of 75 km, will be delivered to the Army next year
NCLT orders liquidation of Bharti Defence, dumps Edelweiss game plan
17 Jan 2019
The decision leaves more than 850 employees and construction of two dozen defence vessels stranded and brings about Rs11,373-crore loss to lenders
HAL gets nod to produce weaponised version of LCA Tejas
04 Jan 2019
The Centre for Military Airworthiness and Certification (CEMILAC) has given the final operational clearance to start manufacturing of the weaponised Tejas Mk1, while the actual final operational clearance will take place only after extensive tests and trial
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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