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How India can solve its $260-billion stressed debt problem

An alternative investment fund (AIF) for our finance industry will at least rekindle sentiments.

Defence Research and Development Organisation

Dec 13, 2019, 08.36 AM IST

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DEFENCE RESEARCH AND DEVELOPMENT ORGANISATION

Thai Navy takes note of Myanmar acquiring Indian submarine

The Myanmar Navy acquired a diesel-electric Kilo Class submarine from India. The submarine, scheduled to start operations from December 24, is to be deployed in the Andaman Sea for security missions.The Royal Thai Navy's 3rd Naval Area Command has been told to keep a watch on the submarine, which can operate underwater for up to 45 days.

Arms sales of top Indian defence firms drop by 6.9 per cent: SIPRI report

The combined arms sales of the three Indian arms companies listed i...

India conducts fresh night trial of Prithvi-2 missile

The flight test of the surface-to-surface missile was carried out barely a fortnight af...

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  • The Council of Scientific and Industrial Research (CSIR) filed 2,413 patent applications; 3,751 applications were filed by the Indian Institutes of Technology (IITs), 2,016 by the National Institutes of Technology (NITs) and 998 by the Defence Research and Development Organisation (DRDO).

    The Barak-8 Air and Missile Defence system or LRSAM provides a 360-degree defence against various airborne threats. Complemented by a state-of-the-art multi-mission radar, flexible control and command system, and two-way data link, Barak-8 can engage multiple targets at the same time during day and night in all weather conditions, which makes it a lethal weapon.

    The long-delayed project, which was to be completed by 2018, is now back on track, with senior officers saying that the 37,500-tonne aircraft carrier will initially operate MiG 29K fighters and could also feature indigenous combat aircraft.

    The decision to go for the capital procurement was taken at a meeting of the Defence Acquisition Council(DAC) headed by Defence Minister Rajnath Singh.

    Sources said that the 3,500 km range missile, designed for the Arihant class of nuclear submarines, is likely to be tested from a fixed underwater pontoon as part of the developmental trials being conducted by the DRDO within a fortnight. The last test of the K4 was attempted in 2017 and there has been an urgency to expedite the developmental process.

    The Navy is looking for ‘man out of the loop’ solutions that could involve autonomous systems that are being developed by the Defence Research and Development Organisation (DRDO) as well as foreign vendors, sources said.

    The investment to be committed by Ather would be Rs around Rs 635 crore and estimated to create 4300 jobs. A mail has been sent to Ather with queries about the period over which the investments would be committed.

    First-time investor coming into the market they are extremely reluctant to take on losses. So, the moment they are able to break-even, they get out. That is a psychological thing. It looks like an extraordinary thing to have happened but it is normal behaviour. After a prolonged struggle, once the investors break even, they pull out and that happened here.

    The 3,500-km range missile, designed for the Arihant class of nuclear submarines, will be tested from a fixed underwater pontoon as part of the developmental trials being conducted by the Defence Research and Development Organisation (DRDO).

    The Indian Army has successfully test-fired two newly-acquired Spike LR (long-range) anti-tank missiles at the Infantry School at Mhow, Madhya Pradesh. In addition to fire and forget capability, the missile also has the ability to fire, observe and update, providing substantial flexibility to the firer to pinpoint the impact point.

    Addressing the DRDO Industry Synergy Summit 2019 at Hyderabad through video conferencing, Rajnath Singh said defence public sector units (DPSUs), industry, research institutes and armed forces need to work in tandem to achieve the target of incorporating at least 25 artificial intelligence based products into defence in near future.

    The new centre in South Melbourne will offer protection from cyber-attacks to the organisations and will generate 100 new tech jobs for locals. According to Wipro Senior Vice President Raja Ukil, "The launch of the centre in Melbourne showcases Wipro's commitment to leverage local talent and specialised expertise to cater to the cyber security needs of the region."

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