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Zen Technologies is currently trading at Rs. 427.70, up by 2.10 points or 0.49% from its previous closing of Rs. 425.60 on the BSE. The scrip opened at Rs. 429.75 and has touched a high and low of Rs. 435.00 and Rs. 426.05 respectively. So far 68794 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 453.15 on 08-Jun-2023 and a 52 week low of Rs. 162.90 on 20-Jun-2022. Last one week high and low of the scrip stood a...
Zen Technologies trades higher on receiving order from Ministry of Defence
Union Defence Minister Rajnath Singh and his Maldivian counterpart have welcomed the progress made in the ongoing defence cooperation between the two nations. Rajnath Singh is currently on a three-day trip to the island nation on the invitation of Maldives' Defence Minister Mariya Didi. The two Ministers held bilateral talks to enhance defence cooperation and strengthen the longstanding partnership between India and Maldives, a joint statement issued by the Defence Ministry here on ...
India, Maldives welcome progress in bilateral defence cooperation
Defence Minister Rajnath Singh on Tuesday approved a proposal for bringing in industry-friendly reforms related to Authority Holding Sealed Particulars (AHSP). The AHSP is the authority which is responsible for generating, maintaining, updating or declaring obsolete the entire history and technical information of defence products. According to the Ministry of Defence, so far, the Directorate General of Quality Assurance (DGQA) was the AHSP for majority of defence items designed, develop...
Defence Ministry initiates reforms to further promote ease of doing business
'SLINEX-2023', the annual Indian Navy Sri Lanka Navy bilateral maritime exercise, conducted to strengthen the bond between the navies, began in Colombo on Monday, and will go on till April 8. The 10th edition of the exercise is being conducted in two phases - the harbour phase in Colombo from April 3-5, followed by sea phase from April 6-8, off Colombo. The Indian Navy is represented by advanced anti-submarine warfare corvette INS Kiltan and offshore patrol vessel INS Savi...
SLINEX-2023 to strengthen bond between Indian, Sri Lankan navies
India has approved the capital acquisition of indigenously-developed military hardware worth Rs 70,584 crore as part of a mega procurement plan that is expected to significantly boost domestic defence manufacturing. The approval to the procurement proposals was accorded by the Defence Acquisition Council (DAC) chaired by Defence Minister Rajnath Singh. The go-ahead to the fresh procurement proposals came amid the nearly three-year-long standoff along the Line of Actual Control in eastern L...
India approves capital acquisition of indigenously-developed military hardware worth Rs 70,584 crore
The Chief Ministers of Tripura, Meghalaya and Nagaland on Saturday met President Droupadi Murmu at Rashtrapati Bhavan in the national capital. Meghalaya Chief Minister Conrad K. Sangma accompanied by Deputy Chief Minister Prestone Tynsong and Nagaland Chief Minister Neiphiu Rio along with Deputy Chief Minister Y. Patton, met the President. Tripura Chief Minister Manik Saha also met Murmu. The three Chief Ministers along with their cabinet colleagues took oath in the respective state ...
Tripura, Nagaland, Meghalaya Chief Minister meet President, Union Ministers in Delhi
US Secretary of Commerce Gina Raimondo on Wednesday and several ministers and BJP leaders attended Holi celebrations at Defence Minister Rajnath Singh's official residence here. Raimondo is currently on a visit to India. Several ministers also visited the defence minister's residence. Union Ministers Kiren Rijiju, External Affairs Minister S. Jaishankar, Commerce Minister Piyush Goyal were among a stream of leaders who attended the festive celebrations at Rajnath Singh's ...
US Secretary of commerce, Ministers attend Holi celebrations at Rajnath's residence
Himachal Chief Minister Sukhvinder Singh Sukhu on Tuesday met Defence Minister Rajnath Singh and discussed the strengthening of the road network in border areas. He also requested the Union Minister to expedite the construction of roads under Border Roads Organization (BRO). Better road connectivity in border areas plays a vital role in development and security of the nation. Roads are the premier mode of transportation in the state and are also essential for agriculture, horticulture, ...
Himachal CM Sukhvinder Singh Sukhu meets Defence Minister Rajnath Singh over strengthening of road network in border areas
India is slated to become the prime manufacturing hub for advanced 155mm artillery ammunition for all types of [155mm] artillery guns which are operated by over 75 armies worldwide. The Ministry of Defence (MoD) has recently selected five domestic ammunition manufacturers to supply around two thousand 155mm terminally guided munitions (TGMs) for the Army's in-service 155mm guns of 39/45/52 calibre artillery guns. The 155mm TGM is the most advanced artillery ammunition and its techno...
India poised to become manufacturing hub for cutting edge artillery ammunition
Lokesh Machines is currently trading at Rs. 115.25, up by 3.25 points or 2.90% from its previous closing of Rs. 112.00 on the BSE. The scrip opened at Rs. 116.90 and has touched a high and low of Rs. 120.00 and Rs. 115.00 respectively. So far 7032 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.15 on 05-Sep-2022 and a 52 week low of Rs. 62.20 on 24-Feb-2022. Last one week high and low of the scrip stood at ...
Lokesh Machines surges on entering into MoU with A WEIL and ARDE
Defence Minister Rajnath Singh on Monday urged Indian and global industry leaders to support the governments push for design, development and manufacture of cutting-edge products using critical technologies in the country to attain complete Aatmanirbharta in the field of defence. "The overall objective is to achieve shared global peace and prosperity," he said while addressing a gathering of over 70 CEOs from local and global original equipment manufacturers (OEMs) during a Round...
Manufacturing cutting-edge products need of the hour: Defence Minister Rajnath Singh at Aero India 2023
Prime Minister Narendra Modi Monday inaugurated Asia's biggest Aero India show 2023 at the Yelahanka Airbase in Bengaluru, and said the country will not let go of any opportunity nor spare any effort to become a leading defence sector player. Addressing the gathering of defence ministers, Chief Of Defence Staffs and dignitaries from various countries, PM Modi said that 21st Century India will not let go of any opportunity to become the leading defence sector player. PM Modi also sta...
India will not miss any opportunity to become leading defence sector player: PM Narendra Modi at Aero India 2023
Prime Minister Narendra Modi will dedicate to the nation a helicopter factory of Hindustan Aeronautics Limited (HAL) at Tumakuru in Karnataka on February 6. Defence Minister Rajnath Singh and senior officials of the Ministry of Defence will also be present on the occasion. The Greenfield Helicopter Factory, spread across 615 acres of land, is planned with a vision of becoming a one-stop solution for all helicopter requirements of the country. It is India's largest helicopte...
Prime Minister Narendra Modi to dedicate HAL`s helicopter factory in Karnataka to nation on Today
Prime Minister Narendra Modi will dedicate to the nation a helicopter factory of Hindustan Aeronautics Limited (HAL) at Tumakuru in Karnataka on February 6. Defence Minister Rajnath Singh and senior officials of the Ministry of Defence will also be present on the occasion. The Greenfield Helicopter Factory, spread across 615 acres of land, is planned with a vision of becoming a one-stop solution for all helicopter requirements of the country. It is India's largest helicopter manu...
Prime Minister Narendra Modi to dedicate HAL`s helicopter factory in Karnataka to nation on February 6
Provisions of India's Budget for FY 2023-24 show the country's firm resolve to play the role of engine of growth for the sagging global economy. This is why India was earlier described by multilateral agencies as a bright spot amid global economic uncertainty and looming recession and Russia-Ukraine War further hurting the prospects of post pandemic economic recovery. The International Monetary Fund's (IMF) January 2023 World Economic Outlook Update projected a decline in globa...
Budget 2023-24: A manifesto for sustainable development, fiscal prudence and industrial revolution 4.0
Prime Minister Narendra Modi and other leaders on Thursday greeted citizens on the occasion of the 74th Republic Day. In a tweet, the Prime Minister termed this year's Republic Day "special" as the nation is celebrating 'Azadi Ka Amrit' Mahotsav. Everybody should unite to fulfill the dreams of the great freedom fighters of the country, he added. Union Home Minister Amit Shah took to Twitter to greet the nation on the occasion. "Today, I salute all tho...
Prime Minister Narendra Modi ,Union Home Minister Amit Shah others greet people on Republic Day
Preparations for the Uttar Pradesh Global Investors' Summit 2023, scheduled from February 10 to 12, are being done on a war footing to make the event grand and a memorable one. Prime Minister Narendra Modi is set to inaugurate the event while President Droupadi Murmu is likely to attend the closing ceremony as the chief guest. More than 20 Union ministers are likely to take part in the event including Defence Minister Rajnath Singh, Union Home Minister Amit Shah and Union Finance Mi...
Uttar Pradesh prepares for GIS-23 on a war footing
Union Defence Minister Rajnath Singh on Friday said that the world today recognises India as a military power to be reckoned with, due to the Indian government's pitching in for 'Atmanirbhar Bharat' (Self-reliant India), which is based on "Prosperity through industry" preaching of the Sree Narayan Guru of Sivgiri Mutt, Kerala. He was addressing the congregation of saints and learned elders gathered at the Sivagiri Mutt to celebrate the 'Tirthdanam Mahotasav&...
'World recognises India as military power to be reckoned with': Rajnath Singh
Defence Minister Rajnath Singh on Saturday said the government is working and committed to increasing the defence production target from current $12 billion to $22 billion by 2025. "You (industry) can imagine, with this kind of growth, how many opportunities will be available for the Indian industry," the Defence Minister said while addressing FICCI's 95th Annual Convention & AGM here. He further underlined that to increase the participation of domestic industry, the g...
Government committed to achieving defence production target of $22 bn by 2025: Rajnath Singh
Congress MP Manish Tewari on Wednesday gave an adjournment notice in the Lok Sabha on the issue of Chinese transgressions. "A detailed discussion on the grave situation at the border with China in the Tawang sector in Arunachal Pradesh. This is the first physical clash between the two armies since August 2020 which took place at Rinchen La in eastern Ladakh." The notice from Tewari says that the Defence Minister gave a statement. "However, there are crucial questions that...
Manish Tewari moves adjournment notice in Lok Sabha on Chinese transgressions
After a clash between the Indian Army and Chinese PLA on 17,000-ft high peak in Arunachal Pradesh, Defence Minister Rajnath Singh held a high-level meeting with the NSA, Army chief and CDS. Sources have said that India was firmly in control of 17,000-ft high peak in Arunachal At ground zero the commanders of both Indian and Chinese armies held a flag meeting. According to the Indian Army, India has firm control of the peak, and now both sides have disengaged from the area. The clashes b...
India has firm control on 17,000-ft peak in Arunachal, Rajnath Singh holds high-level meet
Defence Minister Rajnath Singh on Saturday inaugurated the Gita Daan Yajna Mahotsava on the occasion of Gita Jayanti at ISKCON Sri Rajadhiraja Govinda Temple located in Vasanthapura here. "I would like to congratulate Shri Madhu Pandit Dasa and the devotees of ISKCON Bengaluru for conceiving this magnificent Sri Rajadhiraja Govinda Temple. This temple radiates a divine and sublime atmosphere and I feel blessed to participate in the Gita Jayanti event. India is the storehouse of spirit...
Defence Minister Rajnath Singh inaugurates Gita Daan Yajna at Bengaluru ISKCON
Describing Prime Minister Narendra Modi as a symbol of Gujarat's pride and identity, Defence Minister Rajnath Singh on Wednesday attacked the Congress for insulting him, and said that the people of Gujarat will give a befitting reply to this insult. Addressing a press conference in Ahmedabad ahead of first phase of Gujarat Assembly elections to be held on December 1, Singh lashed out at Mallikarjun Kharge for comparing Prime Minister Narendra Modi with 'Ravana'. He said that Pr...
Prime Minister Narendra Modi is a symbol of Gujarat's pride and identity : Defence Minister Rajnath Singh
Defence Minister Rajnath Singh has appealed to the people to contribute generously to the Armed Forces Flag Day Fund, and urged the private sector to provide employment opportunities to about 60,000 soldiers who retire at young age every year. Addressing the Armed Forces Flag Day CSR Conclave here on Tuesday, he made a special mention of a soldier's message enshrined on the Kohima War Memorial in Nagaland, which read "When you go home, tell them of us and say, for your tomorrow, w...
Defence Minister Rajnath Singh urges pvt sector to provide jobs to 60K soldiers who retire every year
The Indo-Pacific region remains important for the economic development of not only the region but also of the wider global community, Defence Minister Rajnath Singh said on Friday. Centuries old sea lanes criss-crossing the region have helped enhance trade, he added. Singh was delivering a keynote address at the Indo-Pacific Regional Dialogue-2022 in New Delhi. He said that the global community has been working towards economic development through multiple platforms and agencies, UN ...
Indo-Pacific region is important for eco development of global community: Defence Minister Rajnath Singh
Defence Minister Rajnath Singh on Tuesday met his US counterpart Lloyd Austin in Cambodia's Siem Reap, and apprised him about India's expertise in aircraft maintenance, ship-building, repairs as he suggested that US companies can look for manufacturing opportunities in India, officials said. During the meeting with Austin, he looked forward to building a roadmap towards greater defence industrial collaboration between their countries. Highlighting India's growing expertise in a...
Defence Minister Rajnath Singh meets US Defense Secretary in Cambodia, pitches expertise in aircraft maintenance
Defence Minister Rajnath Singh will be on a two-day visit to Cambodia, beginning November 23, to attend the ninth ASEAN Defence Ministers Plus (ADMM Plus) meeting and hold bilateral talks. Singh will be visiting Cambodia at the invitation of Deputy Prime Minister and Minister of National Defence of Cambodia Samdech Pichey Sena TEA Banh, the Defence Ministry said. Singh is scheduled to address the forum on November 23 and also call on the Cambodian Prime Minister, said a defence ministry...
Rajnath Singh to attend ASEAN Defence Ministers Plus meeting at Cambodia
Union Defence Minister Rajnath Singh will arrive in Lucknow on Monday evening on a three-day visit. Rajnath Singh, who is an MP from Lucknow, has a packed schedule lined up with several events during his trip. According to the BJP's Lucknow media-in-charge Praveen Garg, the Union Minister is scheduled to meet members of 'Mahanagar Awasiya Kalyan Samiti', the local residential committee, soon after landing on Monday evening. On Tuesday, he is scheduled to meet members of t...
Defence Minister Rajnath Singh on 3-day visit to Lucknow
Defence Minister Rajnath Singh said on Sunday that the lotus in the G20 logo reveals India's traditional identity. Singh made the remark while addressing a gathering after unveiling a statue of legendary warrior Prithviraj Chauhan in Jhajjar, Haryana, in the presence of Chief Minister Manohar Lal Khattar. Speaking at the event, Rajnath Singh said, "As you all know, India is hosting the G20 summit next year for which many events have been lined up. Few days back, Prime Minister ...
Lotus in G20 logo reveals our traditional identity: Defence Minister Rajnath Singh
India's Foreign Secretary Vinay Mohan Kwatra and US Defence Under Secretary Colin Kahl have explored boosting India's defence industry, according to Pentagon spokesperson David Hendon. At their meeting in Washington on Tuesday, they discussed "accelerating India's indigenous defence production through bilateral defence industrial cooperation and partnership in emerging defence domains", Hendon said in a readout of the talks. "Kahl reaffirmed the importance of ...
Kwatra, US defence official explore boosting India's defence industry
Prime Minister Narendra Modi and Union Defence Minister Rajnath Singh on Tuesday visited BJP patriarch L.K. Advani to mark his 95th birthday. Rajnath Singh posted photos of the visit on Twitter and said the BJP veteran is "counted among the tallest figures of Indian politics". "He has made a very important contribution in the development journey of the country, society and the party. I wish him good health and long life," he added. Many other Ministers and top BJP...
PM Narendra Modi, Rajnath Singh visit L.K. Advani on 95th birthday
Defence Minister Rajnath Singh on Friday dedicated 75 strategically important infrastructure projects built by the Border Roads Organisation (BRO) in Ladakh. The 75 projects - 45 bridges, 27 roads, two Helipads and one Carbon Neutral Habitat- are spread across six states & two Union Territories (UTs). Twenty of these projects are in Jammu & Kashmir; 18 each in Ladakh and Arunachal Pradesh; five in Uttarakhand and 14 in other border states of Sikkim, Himachal Pradesh, Punjab and ...
Defence Minister Rajnath Singh dedicates 75 BRO infrastructure projects to nation
In a major boost to 'Make in India' and domestic aviation manufacturing, Prime Minister Narendra Modi will lay the foundation stone of a transport aircraft manufacturing project for the Indian Air Force (IAF) at Gujarat's Vadodara on October 30. The first 16 fly-away C-295MW aircraft are scheduled to be received between September 2023 and August 2025. The first 'Made in India' aircraft is expected from September 2026. C-295MW is a transport aircraft of 5-10 tonne cap...
Transport aircraft for IAF to be made in India by Airbus Defence, Tata consortium
Chennai : Data Patterns (India) Limited received The Raksha Mantri Award for excellence for the year 2021- 2022. The entry for awards under different categories was called for in the backdrop of the ongoing Defence Expo2022. The award was given to Data Patterns for their best innovation in the category of Medium scale industry. Data Patterns put forward its development of the Precision Approach Radar, commonly referred to as PAR. This radar is utilized to assist military aircraft to land, ...
Defence Minister Honourable Shri Rajnath Singh Awards Raksha Mantri Award to Data Patterns Excellence Award for the year 2021- 2022 in pursuit of building a self-reliant India
Terming exports as a key pillar for long-term sustainability of the domestic defence industry, Defence Minister Rajnath Singh has said the government has set itself a target of achieving defence exports of USD 5 billion by 2025. He also said the government was eyeing overall turnover of USD 22 billion in defence production in the same timeframe. Moreover, he stated domestic demand alone may not always provide economies of scale to make profitable investments and sustain them. Furt...
Government sets target of achieving defence exports of USD 5 billion by 2025: Rajnath Singh
Defence Minister Rajnath Singh has said that India registered defence exports worth Rs 8,000 crore in six months of the current financial year (FY23) and aims to achieve the annual export target of Rs 35,000 crore by 2025. India's defence sector registered exports worth Rs 30,000 crore after 2014 when the government came to power at the Centre. The minister said India is progressing speedily on the path to achieving global standards of design, development and manufacturing at the inter...
India registers defence exports worth Rs 8,000 crore in six months of FY23: Defence Minister Rajnath Singh
The Defence Expo 2022 will be the first-ever edition exclusively for Indian companies, Defence Minister Rajnath Singh said on the eve of the expo on Monday. Addressing the curtain raiser press conference in Gandhinagar, Singh said that as many as 47 new products will be launched in during the expo, while some 349 Memorandum of Understanding will be signed. Apart from this, Transfer of Technology (TOT) contract will be signed for 18 technologies, and some 37 major announcements will take...
Defence Expo 22 will be first-ever edition exclusively for Indian companies: Rajnath Singh
India's defence exports to various countries have increased manifold in recent years, the latest deal is to export Indian rocket launchers to Armenia. According to reports, India would supply the 'Pinaka' multi-rocket launcher system, which can fire a salvo of 12 HE rockets in 44 seconds to Armenia besides anti-tank missiles and a variety of ammunition as part of a package agreement. The complete details of these armaments have not yet been disclosed. Pinaka saw service duri...
India`s growing Defence exports
With 90 years of excellence, the Guardians of the Skies on Saturday celebrated Air Force Day in Chandigarh amidst cloudy skies, the first time the annual day celebrations were held outside the national capital. Apart from the air warrior drill showcase and aerial displays, Rafale, Jaguar, Tejas and Mirage 2000 will fly in 'Sekhon' formation. A ceremonial parade was organized at the Air Force Station with Chief of Air Staff V.R. Chaudhari took the salute. ALH Mk IV chopper wil...
With 90 years of excellence, Guardians of Skies celebrate Air Force Day
The Indian Air Force (IAF) will induct the first batch of Made in India Light Combat Helicopter (LCH) on Monday. The helicopters will be inducted into the IAF inventory at a ceremony in Jodhpur in presence of Defence Minister Rajnath Singh and Chief of Air Staff, Air Chief Marshal V.R. Chaudhari. The induction of these helicopters will be a big boost to the IAF's combat prowess, Rajnath Singh said. "I would be in Jodhpur, Rajasthan tomorrow, 3rd October, to attend the Induct...
IAF to induct first batch of indigenously-developed LCH on Monday
Defence Minister Rajnath Singh on Friday exhorted the Indian defence industry to make new investments and lay more emphasis on research and development to scale new heights. "Make new investments, put more emphasis on research & development, and harness its full potential to take the Indian defence industry to new heights. This effort of yours will be very important not only for the defence industry, but also for the overall growth of the entire country," said Singh while add...
Rajnath Singh seeks industry cooperation to take defence sector to new heights
Defence Minister Rajnath Singh on Tuesday lauded the growing role of private manufacturers in defence production, describing it as an indicator in the sector's growth. He urged the manufacturers to make a roadmap for the next 25 years and invest in research and development (R&D) and bring new products as they are awaited all over the world. Addressing the annual session of the Society of Indian Defence Manufacturers (SIDM), Singh said that the defence production budget has gone ...
Rajnath urges defence production companies to prepare roadmap for next 25 yrs
Defence Minister Rajnath Singh on Monday called on Egypt's President Abdel Fattah El-Sisi in Cairo. He was received very warmly by El-Sisi who pointed out that relations between India and Egypt are well-established through history, and expressed appreciation that military-to-military cooperation between both countries has reached a new level and that signing of MoU on defence cooperation is a major achievement, a Defence Ministry statement said. Both leaders agreed to further develo...
Defence Minister calls on Egyptian President, agrees to strengthen military cooperation
Wishes kept pouring in for Prime Minister Narendra Modi's 72nd birthday on Saturday amidst a packed schedule for the day. In her message on Twitter in Hindi, President Droupadi Murmu wished that the "nation-building campaign" being carried out by the Prime Minister with "incomparable hard work, dedication and creativity, continues to progress" under his leadership Union Home Minister Amit Shah called him the creator of a "safe, strong and self-reliant New In...
Wishes pour in for PM Narendra Modi`s 72nd birthday, several events lined up
India and Japan agreed to strengthen bilateral cooperation on maritime security, including expansion of joint drills and institution of a high-level defence dialogue. Indian Defence Minister Rajnath Singh and External Affairs Minister S. Jaishankar met their Japanese counterparts Hamada Yasukazu and Hayashi Yoshimasa during the second India-Japan 2+2 Ministerial Dialogue held in Tokyo on September 8. They held detailed discussions on all critical challenges to a rules-based global order...
India, Japan strengthen defence cooperation prospects in 2+2 dialogue
Union Ministers Rajnath Singh and S. Jaishankar will pay an official visit to Japan to attend the second India-Japan 2+2 Ministerial Meeting from September 7-10, the Ministry of External Affairs announced in a statement on Tuesday. The statement said that Rajnath Singh and Jaishankar will also hold the Defence Ministerial Meeting and Foreign Ministers' Strategic Dialogue with their Japanese counterparts, Defence Minister Yasukazu Hamada and Foreign Minister Yoshimasa Hayashi, respectiv...
Defence Minister Rajnath Singh, Foreign Minister S. Jaishankar to visit Japan for 2+2 ministerial meet
Top scientist Samir V. Kamat was on Thursday named the new Chairman of the Defence Research and Development Organisation. Kamat, who is currently the Director General Naval Systems & Materials at the DRDO, will succeed G. Satheesh Reddy, who will become the Scientific Adviser to the Defence Minister. The Appointments Committee of the Cabinet approved the appointment of Kamat as Secretary, Defence Research and Development, and DRDO Charman, from the date of his joining till he reache...
Top scientist Samir V. Kamat new DRDO chief
Defence Minister Rajnath Singh on Tuesday handed over multiple indigenous arms and ammunition to the Indian Army to further boost the country's defence sector. This consignment of weapons includes anti-personnel landmine 'Nipun', landing attack craft for operations in Pangong Tso lake, infantry combat vehicles and many other weapon systems. Lieutenant General Harpal Singh said, "The Union government has taken several policy decisions to help promote indigenisation of th...
Defence Minister Rajnath Singh hands over multiple indigenous weapons to Army
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