Deepak Lamba allegedly established Automation Engineering & Industrial Services in July 2022 when he was DGM, Ordnance Factory Ambajhari. Rs 1.71-cr tender awarded just 4 months after.
Defence exports were once seen as exceptions. Today, they are part of annual planning cycles. Startups now pitch to the Army in structured innovation challenges. PSUs participate in global tenders.
Stocks of defence firms surged in past few yrs, by over 1,000% in some cases, driven by narrative that they would gain from govt’s domestic procurement push. Now, those stocks are tanking.
With German Defence Minister Boris Pistorius in town, India has told the European nation it is welcome to set up factories here for manufacture of military equipment, it is learnt.
In its report, the Parliamentary Standing Committee on Defence noted cadets can be used to train elderly & cyber illiterate in proper use of cyber applications like banking transactions.
While govt has opened up the sector to private players & FM in budget speech said quarter of govt R&D spending would go to private sector, procurement system remains a stumbling block.
The agreement establishes a framework for closer cooperation between the armed forces of India and Japan in reciprocal provision of supplies and services, an official said.
Speaking at a defence industry outreach seminar, Modi said govt is working to boost domestic manufacturing & developing new technologies with maximum role for the private sector.
On the first episode of Two Much With Kajol and Twinkle, Aamir Khan and Salman Khan were confronted with another hypocrisy: age gaps. And they didn't come out looking good.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
While the IAF remains committed to the Tejas programme and has placed orders for 180 Tejas Mk1A, the force is eagerly waiting for the Tejas Mk 2 version.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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