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Paras Defence And Space Technologies is currently trading at Rs. 563.80, up by 9.00 points or 1.62% from its previous closing of Rs. 553.20 on the BSE. The scrip opened at Rs. 560.00 and has touched a high and low of Rs. 573.00 and Rs. 560.00 respectively. So far 38295 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 811.35 on 19-Sep-2022 and a 52 week low of Rs. 447.10 on 28-Mar-2023. Last one week high and low...
Paras Defence rises on winning contract for Realization of Optronic Periscopes for ICS
The Defence Ministry has given the nod to procure 120 Pralay ballistic missiles for the armed forces that are likely to be deployed along India's border areas along Pakistan and China. The Defence Research and Development Organisation (DRDO) had last year in December successfully conducted the maiden flight test of the indigenously developed surface-to-surface Pralay missile. Pralay is capable of striking and destroying targets in the range of 150-500 km, and can also be used in the...
Government gives nod to procure Pralay ballistic missiles for armed forces
Be it the Indian Army, Air Force or in the field of drone technology, IIT-Delhi is working closely with DRDO and the government. In an exclusive interview with IANS, Director of IIT-Delhi, Ranjan Banerjee, talked about a few such initiatives. Here are the excerpts from the interview: Q: IIT-Delhi is helping the Indian Armed Forces and is a major partner of DRDO, what are the latest inventions and the areas where IIT-Delhi is helping the Indian Defence sector. A: IIT-Delhi has develop...
IAF airships, drone tech quantum comms: IIT-D powers slew of inventions
Army chief General Manoj Pande said on Saturday that the ongoing war between Russia and Ukraine has highlighted the need to ensure 'Amtanirbhar' (self-reliance) in the defence sector. He was speaking at 'The Chankaya Dialogues' organised at India International Centre in Delhi. "We have to be self-dependent. We will work to meet our need of operations and peculiar demand. India is a country of vibrant ecosystem and there are youngsters with brilliant mind and they sh...
Army Chief pitches for self-reliance in defence sector
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
Electric vehicle (EV) players on Friday welcomed the Bureau of Indian Standards' (BIS) move to issue new performance standards for lithium-ion batteries to safeguard the consumers amid the rising EV fire episodes in the country. The BIS, which comes under the Union Consumer Affairs Ministry, has published the "performance standards for electronic vehicle batteries" in a bid to keep a strict control over the manufacturing of EV batteries. "There has never been a better...
Indian EV players hail new Government standards for lithium-ion batteries
The necessity for a Production-linked Incentive (PLI) scheme for the footwear manufacturing sector; setting up of a Defence Research and Development Organisation (DRDO) lab in the state; supply of coal in adequate quantity as agreed; and sharing of cess and surcharge with the states were some of the demands raised by Tamil Nadu Chief Minister M.K. Stalin during his meeting with Prime Minister Narendra Modi in the national capital on Thursday. During his meeting with the Prime Minister, Sta...
Stalin meets Modi, seeks PLI scheme for footwear sector
Laurus Labs Ltd on Friday announced that it has received the license from the Defence Research and Development Organisation (DRDO) to manufacture and market its Covid drug, 2-Deoxy-D-Glucose (2-DG). 2-DG has been given emergency approval by the Drug Controller General of India for use on Covid-19 patients in India. Laurus Labs, a leading research and development-driven and fully integrated pharmaceutical and biotech company, has already applied to the Central Drugs Standard Control Orga...
Laurus Labs gets DRDO license to manufacture 2-DG
The 2-deoxy-D-glucose (2-DG) developed by the Defence Research and Development organisation (DRDO) for the coronavirus treatment, effectively inhibits the SARS-CoV-2 multiplication and works against all variants of Covid-19, says a research study. In conclusion, our findings suggest that 2-DG effectively inhibits the SARS-CoV-2 multiplication and can be used as a treatment regimen. Glycolytic inhibitor 2-DG attenuates SARS-CoV-2 multiplication in host cells and weakens the infective pot...
2-DG effective against all Covid variants, says study
The government on Wednesday approved the procurement of 1,50,000 units of "Oxycare" system developed by the Defence Research and Development Organisation (DRDO) to help in the treatment of COVID-19 patients. Oxycare is an oxygen supply system based on SpO2 (oxygen saturation) level. The DRDO has already transferred the technology to multiple industries in India for large-scale production of the Oxycare system. The "Oxycare" systems will be procured for Rs 322.5 crore us...
Government approves procurement of 1.5 lakh units of DRDO`s `Oxycare` system
The Defence Research and Development Organisation (DRDO) Chief G. Satheesh Reddy on Friday asked scientists to focus on next-generation needs including cyber security, space and artificial intelligence. "The immense potential available in DRDO has been a catalyst for the development of industries in the defence manufacturing sector," the DRDO Chief said observing the 63rd Foundation Day of its establishment. Reddy also met Defence Minister Rajnath Singh and presented him...
DRDO chief calls upon scientists to focus on next-generation needs
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