Paras Defence: From being oversubscribed 304 times to up more than 370%, why India is betting big on it

What would be your reaction if you were told that your money grows 5% everyday? Yes, you read that right, 5% upward everyday. Paras Defence and Space Technology is a company that got listed in the stock market just recently. The IPO was subscribed over 300 times, which in itself was a record in Indian … Read more

Adani Group takes over operations of Jaipur International Airport in Rajasthan, to take over Thiruvananthapuram airport tomorrow

On October 11, the Airports Authority of India (AAI) handed over the responsibilities of the Jaipur International Airport to Adani Group. The group will manage the Airport for 50 years. JS Balhara, Airport Director, handed over the Airport’s symbolic key to Vishnu Jha, Chief Airport Officer Adani Jaipur International Ltd. Balhara said that the company would handle … Read more

Air India Express cabin crew ends strike, airline agrees to take back termination letters of ‘sick’ employees

On Thursday, May 9, the Air India Express cabin crew agreed to end its ongoing strike. The cabin crew withdrew the strike after the airline agreed to look into issues raised by them, news agency PTI reported. Following the decision by the cabin crew to end the strike, Air India Express has agreed to take back the … Read more

Defence Ministry issues ₹65,000 crore tender to Hindustan Aeronautics for purchasing 97 made-in-India LCA Tejas Mark 1A fighter jets

The Defence Ministry has issued a tender to the public sector firm Hindustan Aeronautics Limited for purchasing made-in-India 97 LCA Mark 1A fighter jets expected to be worth over Rs 65,000 crore. This is set to be the largest order for indigenous military hardware to be placed by the Indian government ever. The tender was … Read more

Agniveer Scheme: Let us look at it differently and objectively

Every nation needs to defend itself from external aggression. It is also true that every nation has different priorities, different challenges and different level of affordability for defense. You cannot expect Maldives or Sri Lanka to have an Aircraft carrieer- it may be on their wish list though. The United States has a total of … Read more

India will protect freedom of navigation and combat piracy in Indian Ocean region

 Prime Minister Narendra Modi on Tuesday reaffirmed India’s commitment to safeguarding freedom of navigation and combating piracy and terrorism in the Indian Ocean region. His remarks came in response to a message from Bulgarian President Rumen Radev, expressing gratitude for the safe return of seven Bulgarian nationals. On Monday, the Bulgarian President expressed his gratitude … Read more