A major contract for building next-generation light battle tanks has been awarded. The project is valued at nearly ₹20,000 crore. This development marks a significant step for the private defence industry, as a private company will build a battle tank independently for the armed forces.
The selection process involved a detailed assessment of proposals from five companies over three years. A competing bidder had raised objections, causing a delay in the issuance of the production order.
Further information about this project and the company selected is available from the source publication.
Nashik: The 121st Foundation Day of Bank of India was celebrated with various programmes at the bank’s Divisional Office in Nashik and several branches across the division. At the Divisional Office, a Satyanarayan Puja, installation of a Lord Ganesha idol, health check-up camp an...
Mumbai: Indian equity markets extended their losing run for a third consecutive session on Wednesday as escalating US-Iran tensions pushed Brent crude to the crucial $100-a-barrel mark, fuelling concerns over inflation and India's economic outlook . The BSE Sensex plunged 813.35 ...
Actor Akshaye Khanna is someone who hardly gets clicked by the paparazzi, and he is not even spotted at any events, screenings or Bollywood parties. However, on Wednesday, the actor made a rare appearance in Mumbai. He was spotted by the paps in the city while coming out of a res...
Maharashtra State Electricity Transmission Company Ltd (Mahatransco), the state-owned power transmission utility, is preparing plans to raise up to ₹10,000 crore through an initial public offering (IPO), according to a report by Moneycontrol. If completed, the share sale will mar...
Iran’s Embassy in Tunisia has turned to Bollywood humour to take a swipe at US President Donald Trump amid escalating tensions between Washington and Tehran. On September 8, the embassy’s official X account, @IranembTun, shared a meme featuring Bollywood actor Akshay Kumar from t...
Mumbai: The Reserve Bank of India (RBI) has approved ICICI Prudential Asset Management Company’s proposal to acquire a holding of up to 9.95 per cent in DCB Bank, according to an exchange filing on Wednesday. The approval covers up to 9.95 percent of DCB Bank’s paid-up share capi...
New Delhi: Star all-rounder Hardik Pandya has been included in the India A squad for the upcoming three-match one-day series against Australia A in Puducherry, the BCCI announced on Wednesday. The Men’s Selection Committee has named separate squads for the two multi-day and three...
New Delhi: Prime Minister Narendra Modi's appeal to Indians to avoid unnecessary gold purchases puts economic prudence against one of the country's strongest cultural and savings traditions, while potentially creating political sensitivities ahead of key state elections . Gold is...
Mumbai: IOL Chemicals and Pharmaceuticals Limited will invest Rs 495 crore in three expansion projects, including a new ibuprofen unit, a pharmaceutical formulations facility and a specialty chemicals plant. All three projects will be funded through internal accruals, the company...
Hardik Pandya will prove his fitness ahead of the IND vs WI ODI series after being named in the India A squad. India 'A' will play Australia A, comprising two multi-day matches and three one-day games in Puducherry. Pandya has been named in squad subject to fitness. # #HardikaPan...
New Delhi: The Indian Olympic Association (IOA) has constituted a four-member independent inquiry committee headed by retired High Court judge Deepa Sharma to probe the allegations of harassment and intimidation levelled against Hockey India secretary Bhola Nath Singh by former w...
Pimpri-Chinchwad: The Pimpri-Chinchwad Regional Transport Office (RTO) has taken action against a Toyota Fortuner fitted with an illegal automatic mechanism to conceal its registration plate. The mechanism could cover the number plate at the push of a switch, making the vehicle d...
