India’s BrahMos Aerospace and the Philippines on Friday signed a deal worth almost $375 million for the Philippine Marines to acquire three batteries of the BrahMos cruise missile, a shot in the arm for New Delhi’s efforts to emerge as an exporter of major defence hardware.
The round, which began on January 13, ended after covering 26 areas such as trade in goods and services, investment, intellectual property, barriers to trade, small and medium enterprises, geographical indicators and digital.
Last year the Indian Navy carried out an all-time high of 50 joint exercises with friendly navies, including one with Japanese warships around the Malacca Strait, said a senior naval official.
The Drugs Controller General of India (DCGI) on Friday gave its permission to Bharat Biotech for conducting trials of intranasal booster doses against the coronavirus disease (Covid-19).
Cochin Shipyard Limited (CSL), under the Ministry of Ports, Ships and Waterways, has successfully delivered the second lot of three Floating Border Out-Post (FBOPs) vessels to the Border Security Force. CSL has got orders for building nine such FBOPs to protect Nation’s water borders. Three more vessels are likely to be delivered in the coming months.
Security Printing and Minting Corporation of India Limited (SPMCIL) under its modernization initiatives has set up New Bank Note Printing Lines each at Currency Note Press, Nashik and Bank Note Press, Dewas.
In a boost to maritime security, the indigenous Advanced Light Helicopter (ALH) MK III aircraft was formally inducted at INS Utkrosh by Commander-in-Chief, Andaman and Nicobar Command (CINCAN) Lieutenant General Ajai Singh at Port Blair on January 28, 2022.
Keel laying for the first ship of Diving Support Craft (DSC) project was held on 27 Jan 22 in virtual presence of reps from the Indian Navy, at M/s Titagarh Wagons Ltd., Kolkata. The contract for procurement of Five Diving Support Crafts (Yards 325 to 329) for the Indian Navy was signed in Feb 21 with M/s Titagarh Wagons Ltd.
Israeli Ambassador to India Shri Naor Gilon called on the Union Minister of Agriculture and Farmers Welfare Shri Narendra Singh Tomar at Krishi Bhawan on 27th January 2022.
In the last 12 months, fintech firm BharatPe has increased the reach of its PoS (point of sale) business (BharatSwipe) by 25 times to over 250 cities. The company has deployed over 1.25 lakh BharatSwipe machines across offline retailers since launching its POS business in the second half of 2020. BharatPe claims it has done the fastest-ever scale-up on POS business in India, achieving this record in little over a year and a half.
