Defence stocks surge over 9 pc as India inks Rs 63,000 crore Rafale deal

Defence stocks surge over 9 pc as India inks Rs 63,000 crore Rafale deal

Follow Us on Google News New Delhi, April 28 (IANS) Defence stocks saw a strong rally on Monday, climbing over 9 per cent, as the government inked a Rs 63,000 crore deal with France to purchase 26 Rafale Marine fighter jets for the Indian Navy. The Nifty Defence index rose by 4.5 per cent, marking … Read more

‘Power projection’: India inks Rs 63,000 crore deal with France to buy 26 Rafale fighter jets for Navy

Follow Us on Google News New Delhi, April 28 (IANS) India on Monday signed a landmark Rs 63,000 crore government-to-government deal with France to buy 26 Rafale-Marine fighter jets which will give added punch to the Indian Navy, amid growing security concerns over China flexing its maritime muscle in the Indo-Pacific region. The procurement will … Read more

NIELIT inks 8 pacts to boost Digital India mission

Follow Us on Google News New Delhi, April 27 (IANS) The National Institute of Electronics and Information Technology (NIELIT) has signed Memorandums of Understanding (MoUs) with eight organisations, including the Semi-Conductor Laboratory (SCL), ERNET India, National Institute of Solar Energy (NISE), Amrita Vishwa Vidyapeetham, Skyroot Aerospace, Institute for Financial Management and Research (IFMR) and Kyndryl … Read more

SECL inks Rs 7,040 crore pact with TMC Mineral Resources

Follow Us on Google News New Delhi, April 18 (IANS) South Eastern Coalfields Limited (SECL) on Friday signed a Rs 7,040 crore agreement with TMC Mineral Resources Private Limited to become the first coal PSU in India to adopt paste fill technology for coal mining. It is a major step toward sustainable and environmentally friendly … Read more

Maha govt and IBM inks MoU to set up three AI centers

Follow Us on Google News Mumbai, April 15 (IANS) The Maharashtra government and IBM Technology (India) on Tuesday signed a memorandum of understanding to bring about radical reforms in administration through Artificial Intelligence (AI). The MoU was inked in the presence of Chief Minister Devendra Fadnavis at Mantralaya. As per the MoU, three AI skill … Read more

MahaGenco inks MoU with ROSATOM for thorium nuclear reactors development

Follow Us on Google News Mumbai, April 11 (IANS) The state-run Maharashtra State Power Generation Company (MahaGenco) and the Russian state-owned nuclear energy corporation ROSATOM on Friday signed a memorandum of understanding for the development of thorium-based Nuclear Reactors with fuel supply in the state. Commercialisation of thorium reactors will be as per the Atomic … Read more

CJI Sanjiv Khanna inks MoU for cooperation with Nepal’s Supreme Court

Follow Us on Google News New Delhi, Apr 7 (IANS) The Supreme Court of India on Monday signed a Memorandum of Understanding (MoU) with the Supreme Court of Nepal to promote and strengthen the judicial cooperation between the two nations “The MoU shall not only encourage mutual exchange of information on latest developments in the … Read more

BEL inks deal with Indian Air Force for maintenance of Akash missile system

Follow Us on Google News Bengaluru, April 2 (IANS) Navratna defence public sector undertaking Bharat Electronics Limited (BEL) has signed a contract with the Indian Air Force, valued at Rs 593.22 crore, for providing maintenance services for the Akash missile system to kick off the new financial year 2025-26. The BEL had also supplied the … Read more

Centre inks contracts worth Rs 62,700 crore with HAL for supply of 156 LCH

Follow Us on Google News New Delhi, March 28 (IANS) The government on Friday signed two contracts worth Rs 62,700 crore with Hindustan Aeronautics Limited (HAL) for the supply of 156 Light Combat Helicopters (LCH) — Prachand. The first contract is for supply of 66 LCHs to the Indian Air Force (IAF) and second is … Read more

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