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 […]
Mumbai: Indian Navy today added a booster shot to its under-water warfare capabilities, by receiving delivery of the second Scorpene-class submarine ‘Khanderi’, which is to be commissioned by Minister of Defence Rajnath Singh on September 29 at the Mazagon Dock Shipbuilders Limited (MDL) here. The ‘Acceptance Document’ was […]
