Defence
KKR to buy Airbus Group's defence electronics unit for $1.2 bn
19 Mar 2016
Airbus Group’s defence electronics business makes components for radars, optronics, electronic warfare and border control applications
49% FDI ceiling in defence not attractive: Airbus
15 Mar 2016
European aircraft manufacturer Airbus Group today cautioned that the 49 per cent foreign direct investment limit in the defence sector cannot fetch India the industry or the right original equipment manufacturer that it is eying under its ‘Make in India’ initiative
India to pare down foreign defence contract payments
12 Mar 2016
India plans to reduce contracts with foreign defence equipment vendors to 30 per cent of the total procurement over the next two years, defence minister Manohar Parrikar said on Friday
Tata Motors, Bharat Forge, GDLS team up for Rs50,000-cr Army project
08 Mar 2016
Lighter, futuristic future infantry combat vehicles that are both amphibious and air-portable and are capable of firing anti-tank guided missiles to ranges beyond four km, will replace the Army’s fleet of 2,610 Russian-designed BMP series armed vehicles
BAE selects Mahindra Defence for Howitzer partner
17 Feb 2016
BAE Systems has selected Mahindra Defence Systems as its partner for the in-country assembly, integration and test facility for the M777 Ultra Lightweight Howitzer
Egyptian cleric masterminded Russian jet crash?
09 Nov 2015
Lockheed Martin expects to close $9 bn acquisition of Sikorsky Aircraft this week
04 Nov 2015
The acquisition of Sikorsky is the biggest by Lockheed since its $10-billion purchase of Martin Marietta in 1995, and also the biggest aerospace deal after the 2012 acquisition of Goodrich by UTC for over $16 billion
Airbus, Mahindra team up to build military helicopters in India
03 Jul 2015
The joint venture will act as the prime suppler of reconnaissance and surveillance helicopters, naval utility helicopters and naval multirole helicopters
DARPA developing “asleep-yet-aware” electronics that could revolutionise remote wireless sensors
24 Apr 2015
US IT defence contractor explores sale
18 Apr 2015
Airbus backs Modi’s 'Make in India' campaign with $2-bn outsourcing pledge
11 Apr 2015
French aerospace major Airbus has expressed its readiness to manufacture helicopters, satellites and military transport planes in India
Parrikar to stress joint defence manufacture during Korea visit
16 Mar 2015
Defence minister Manohar Parrikar is determined to push Prime Minister Narendra Modi's `Make in India' initiative during his first foreign visit since taking charge last year
Reliance Infra to take control of Pipavav Defence in Rs819-cr deal
04 Mar 2015
Reliance Infrastructure said it would make an open offer to public shareholders of the private sector shipyard, at Rs66 per share, in order to take its stake to 26-per cent
Featured articles
Lighter than air, yet very, very powerful
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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.
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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