RailTel Corporation of India rose 2.07% to Rs 115.90 after receiving a Rs 27.07 crore work order from Bangalore Metro Rail Corporation (BMRCL) for the supply, installation, testing, and commissioning of the IT network infrastructure. BMRCL is a joint venture between the governments of Karnataka and India. According to the company, the work will be

Bharat Electronics (BEL) and Globals ITES have signed an MoU for collaboration in technology development, co-creation and co-innovation, joint marketing and sales, and cyberwarfare and cyber defence systems. The MoU aims to capitalise on BEL and Globals’ complementary strengths and capabilities. The two parties will collaborate closely, providing each other with all key assistance for

PTC Industries Limited (herein referred to as “PTC”), a manufacturer of high-quality high-precision metal components for various critical and super-critical applications, and Hindustan Aeronautics Limited – SED (herein referred to as “HAL SED”), a Defence Public Sector Undertaking (DPSU) under Ministry of Defence, Government of India and a global leader in the Aerospace and Defence

Shalby’s step-down subsidiary, Shalby Global Technologies (SGT), Singapore, has received regulatory approval from Indonesia’s Ministry of Health to market and sell knee implants, hip systems, knee and hip instruments, and so on. SGT can now import the aforementioned implants and medical devices from the United States and sell them in Indonesia. The development is entirely

Hindustan Aeronautics Ltd (HAL), a state-run aerospace conglomerate, will supply spares and engine repair services to the Argentine Air Force’s two-tonne class helicopters. According to officials, the HAL signed an agreement with the South American country’s air force to extend the services. Argentina has already expressed a desire to purchase a batch of India’s Light

Bharat Electronics (BEL) and Israel Aerospace Industries (IAI) have signed a Memorandum of Understanding (MOU) for the domestic manufacture and supply of the LORA Weapon System for the Indian Triservices at Aero India 2023. BEL, as the prime contractor, will manufacture the cutting-edge strategic weapon system weapon under a workshare agreement with IAI. The MoU

Bharat Electronics Ltd (BEL), a Navratna Defence PSU, has signed an MoU with Goa Shipyard Limited (GSL) to collaborate in addressing global market opportunities for the supply of cutting-edge products such as autonomous boats and other systems / solutions based on Artificial Intelligence for Naval platforms. The agreement was signed on the sidelines of Aero

Gayatri Projects Ltd has issued a work order (change of scope work) to Hazoor Multi Projects Limited for the execution of change of scope work from ch.502.698 to ch.532.094 of package-11 for Rs.267.37 crores. HAZOOR MULTI PROJECTS LTD. shares were last trading in the BSE at Rs. 97.90, compared to the previous close of Rs.

ICICI Bank and BNP Paribas have signed an initial agreement to meet the banking needs of European corporations doing business in India and Indian companies doing business in the European Union. The Memorandum of Understanding (MoU) between the two entities establishes a framework of partnership for the two banks to provide financial services to corporate

Bharat Dynamics (BDL), which is exhibiting its products in the largest-ever display at Aero India – 2023 in Bengaluru, has signed ten Memorandums of Understanding (MoU) with various foreign and Indian companies today. BDL and Thales have signed an agreement to establish manufacturing facilities for the Laser Guided Rocket and its major components in India.