November 22, 2024 13:16 (IST)
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PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US

DAC greenlights 10 capital acquisition proposals valued at Rs 1.45 lakh crore to boost Indian defence

New Delhi: The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh, on Tuesday, granted Acceptance of Necessity (AoN) for 10 capital acquisition proposals worth Rs 1,44,716 crore.

Govt set to approve mega defence projects worth Rs 1.3 lakh cr for Army, Navy

New Delhi: The government is set to approve several major defence projects, including the construction of seven advanced frigates for the Indian Navy and the Indian Army's plan to acquire 1,700 new tanks to replace its aging fleet of Russian-origin T-72 tanks, media reports said.

India's defence sector holds prospect of USD 138 billion from FY24 to FY32

New Delhi: Amid increasing demand for defence equipment, technologies, and services, India's defence sector holds a substantial ordering prospect of nearly USD 138 billion from FY24 to FY32 for companies involved in defence production and technology advancement, according to a report titled 'India Defence' by Nomura.

Defence Ministry inks five capital acquisition deals worth Rs 39,125 cr to boost indigenous capabilities

New Delhi: The Ministry of Defence inked five significant capital acquisition deals worth Rs 39,125.39 crore on Friday in New Delhi to boost the government’s Make-in-India initiative and indigenous capabilities in defence.

Adani Defence & Aerospace to invest Rs 3000 cr in its Kanpur missile and ammunition complex

Kanpur (UP): Adani Defence & Aerospace has announced plans to invest over Rs 3,000 crore in its new ammunition and missile complexes in Kanpur by 2027, Chief Executive Officer Ashish Rajvanshi, media reported.

45 defence sector companies/JVs operating with foreign OEMs have govt approval

New Delhi/IBNS: The government has given approval to 45 companies/JVs operating in the defence sector with foreign OEMs.