Search For "defence psu"
Defence Minister approves grant of 'Miniratna' Category-I status to Yantra
Updated : 3 months, 2 weeks ago IST
Congratulating the Defence Public Sector Undertaking (DPSU) for its transformation from a Government organisation to a profit-making corporate entity in a short span of about four years, Raksha Mantri expressed satisfaction over the initiatives taken by the management of the YIL to increa
Read More
Instapower Ltd Signs Strategic MoU with Bharat Electronics Limited to Coll
Updated : 4 months ago IST
New Delhi [India], January 21: Instapower Limited on Monday announced the signing of a strategic Memorandum of Understanding (MoU) with Bharat Electronics Limited (BEL), a Navratna Public Sector Undertaking under the Ministry of Defence, Government of India, to collaborate on the development
Read More
Rajnath Singh inaugurates Defence PSU Bhavan at the World Trade Centre in
Updated : 6 months, 1 week ago IST
Defence Minister Rajnath Singh today inaugurated the Defence PSU Bhavan at the World Trade Centre in New Delhi, marking a major step toward strengthening coordination among India's Defence Public Sector Undertakings (DPSUs). The announcement was shared by the Ministry of Defence, Government
Read More
Corporatisation reform of 41 OFB units reorganised into 7 Defence PSUs has
Updated : 7 months, 3 weeks ago IST
In a post on X, the Office of the Defence Minister, "Since October 2021, when 41 OFB units were reorganised into 7 Defence PSUs, the corporatisation reform has delivered remarkable results. From a loss of Rs 2,844 cr in 2019-20 to a net profit of Rs 1,625 cr in FY25, setting new benchmarks i
Read More
India's defence exports saw 34-fold jump over the past decade: Rajnath Sin
Updated : 1 year ago IST
India exported defence goods worth Rs 23,622 crore in 2024-25 -- a 34-fold rise as against just Rs 686 crore in 2013-14, Defence Minister Rajnath Singh's office said in a post on X.
Read More
Army, Air Force versions of ALH Dhruv choppers cleared for operations
Updated : 1 year ago IST
After being grounded for over three months, the Army and Air Force versions of the Advanced Light Helicopter (ALH) Dhruv have been cleared for operations based on the recommendations of Defect Investigation (DI) Committee, defence PSU Hindustan Aeronautics Limited said on Thursday.
Read More
HAL slams reports with "malicious intentions" after Advanced Light Helicop
Updated : 1 year, 1 month ago IST
Defence PSU Hindustan Aeronautics Ltd has said that speculative and stories with malicious intentions on it are being written and published on various media platforms ever since the accident of Advanced Light Helicopter (ALH) operated by the Indian Coast Guard in January.
Read More
HAL has followed end-user commitments, report in US daily on re-routing re
Updated : 1 year, 1 month ago IST
Terming a report in a US-based publication about an Indian defence PSU selling imported equipment to a supplier of Russian arms agency as "factually incorrect and misleading", sources said on Monday that the report has tried to "frame issues and distort facts to suit a political narrative".
Read More
DAC capital acquisition of Rs 1.4 trn to boost defence PSUs: Report
Updated : 1 year, 8 months ago IST
The decision of the Defence Acquisition Council (DAC) to accept 10 capital acquisition proposals worth Rs 1.4 trn will not only boost domestic defence manufacturing but will contribute to the growth of the PSU companies in the defence sector, highlighted a report by Antique Stock Broking.
Read More
Ministry of Defence undertakes mission of planting 15 lakh trees on Indepe
Updated : 1 year, 9 months ago IST
The plantation drive is a part of the 'Ek Ped Maa Ke Naam' campaign and will be conducted through three services and associated organisations such as DRDO, Defence PSUs, CGDA, NCC, Sainik schools and ordnance factories, as per a press release by the Ministry of Defence.
Read More
First ever 'Maharashtra MSME Defence Expo' in Pune set to give boost to 'A
Updated : 2 years, 2 months ago IST
The Expo will witness the participation of the Armed Forces, defence PSUs and ordnance factories. The event is set to give a boost to the 'Atmanirbhar Bharat' campaign as envisioned by Prime Minister Narendra Modi.
Read More
Triton Electric Vehicle issues Rs 8060 Cr LoI to BEL for purchase of Batte
Updated : 3 years, 7 months ago IST
Gandhinagar (Gujarat) [India], October 20 (ANI/BusinessWire India): Triton Electric Vehicle India Pvt Ltd, a part of Triton Electric Vehicle LLC, USA, today issued a Letter of Intent (LoI) to Navratna Defence PSU Bharat Electronics Limited (BEL) for procurement of 300 KW Li-Ion Battery Packs
Read More