Tag: Project 75

India Modi push for share sale in submarine-builder fetches impressive response

By defence.capital on October 12, 2020 • ( 1 Comment )

New Delhi: India‘s lone submarine builder had a dream-like debut on the stock market today, finishing the opening trading day at Rs 173, a cool 19 per cent above its Initial Public Offering (IPO) price of Rs 145, strongly aided by its above par financial performance over the […]

European MBDA offers Sea Ceptor missile jointly with L&T to India Navy (Correct)

By defence.capital on January 16, 2020 • ( Leave a comment )

(Correct: An earlier version of the story had called the MBDA a French firm. MBDA is jointly owned by Airbus (37.5%), BAE Systems (37.5%), and Leonardo (25%).) New Delhi: India’s navy has launched a search for a Short Range Surface-to-Air Missile (SR-SAM) and European firm MBDA has offered […]