New Delhi: In just over a year from today, the Indian Navy will add fifth Scorpene submarine to its fleet, a serious addition to the sagging conventional underwater fighting capabilities, taking the strength to 17 by 2021. This has been made possible with the successful launch of the […]
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 […]
(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 […]
