The Defence Acquisition Council (DAC), led by Defence Minister Rajnath Singh, has approved capital acquisitions exceeding ₹54,000 crore to strengthen India’s defence capabilities. The approvals, granted on March 20, include critical procurements for the Indian...
The defence sector is witnessing significant advancements, particularly in the manufacturing of firearms. The companies are increasingly focusing on enhancing their production capabilities to meet both domestic and international demands. Recent developments have...
One of the prominent Micro-Cap defence equipment manufacturers, specialising in advanced machine tools and indigenous submachine guns for military operations, has plunged 6% after being named in the US Treasury Department’s sanctions list. Share Price Movement...
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