Wednesday, February 1, 2023
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Defence PSUs

BEML to form subsidiary for demerger of surplus land, assets ahead of disinvestment

BEML Limited is going to incorporate a wholly-owned subsidiary for the demerger of surplus land and assets ahead of its disinvestment

Innovation: DRDO develops near isothermal forging technology for aero-engines

The Defence Metallurgical Research Laboratory (DMRL) of DRDO has developed the near isothermal forging technology. This crucial technology is used in manufacturing parts for aero-engines

Mission Shakti: India’s formidable growth in space military capabilities

Two years back on March 27, 2019, India successfully tested the entirely indigenous Anti-Satellite (ASAT) Missile, formally named 'Mission Shakti', which ensured India's entry into the elite space power group

Subrat Das (IPoS) gets additional charge as CVO of GRSE

Subrat Das (IPoS), who is currently serving as Chief Vigilance Officer (CVO) of Ordnance Factory Board (OFB) has been given additional charge as CVO of GRSE

Project 75: Fifth Scorpene submarine Vagir launched at Mazagon Dock

Decommissioned in 2001 Scorpene submarine ‘Vagir’ has been reinvigorated and rebuilt by Mazagon Dock Shipbuilders Limited (MDL) in Mumbai

These 26 defence items will be procured only from Indian manufacturers: MoD

In order to boost 'Make in India' the Ministry of Defence has issued a list of 26 defence items that will strictly be procured from Indian manufacturers only

Govt raises FDI limit, wants to corporatise OFB for Aatmanirbhar Bharat

The government announced its decision to raise the FDI limit in defence sector from 49 percent to 74 percent through the automatic route

HAL Records Turnover in Excess of Rs 21000 crore

Hindustan Aeronautics Limited (HAL) recorded a turnover of over Rs. 21,100 crores for the financial year ended on March 31, 2020

Govt initiates disinvestment of 10% stake in MIDHANI via OFS

The government has initiated the process for the disinvestment of 10 percent equity capital in defence PSU MIDHANI through OFS, an official notification showed

DefExpo has created new history: Rajnath Singh

UP stands for unlimited potential and DefExpo has succeeded in projecting a new identity of the state in the defence sector, said the defence minister in the valedictory address at Lucknow DefExpo

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