JK Lakshmi, Chettinad Cement in Race to Acquire Deccan Cements

Defence Approves Rs 670 Billion Arms Buys for Forces

The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh on 5 August 2025, approved a series of defence procurement proposals valued at approximately Rs 670 billion. These approvals span all three branches of the Armed Forces and are aimed at significantly enhancing operational capabilities across domains.For the Indian Army, Acceptance of Necessity (AoN) was granted for the acquisition of Thermal Imager-based Driver Night Sights for BMP infantry combat vehicles. This system will improve night-time mobility and offer a tactical edge to the Mechanised Infantry.The Indian..

GRSE Signs MoU with Reintjes GmbH for Marine Propulsion Gearbox Collaboration

Garden Reach Shipbuilders & Engineers Ltd. (GRSE) has signed a Memorandum of Understanding (MoU) with Reintjes GmbH, a leading German company specialising in the design and manufacture of marine propulsion gearboxes. The partnership aims to explore collaborative opportunities by integrating Reintjes' advanced propulsion gear trains with selected engines on GRSE-built vessels. This strategic association is expected to enhance propulsion efficiency in both defence warships and commercial vessels for domestic and export markets.GRSE, a Defence Public Sector Undertaking under the Ministry of D..

SDHI to Manufacture Varex Imaging’s Cargo Inspection Systems in India

Swan Defence and Heavy Industries Limited (SDHI) has signed an agreement with Varex Imaging Corporation to manufacture advanced cargo and vehicle inspection systems in India. Headquartered in Salt Lake City, USA, Varex Imaging is a global leader in linear accelerators and imaging technologies.Under the partnership, SDHI will exclusively produce Varex’s high-energy imaging systems at its manufacturing facility in Pipavav, Gujarat. These systems are designed for the comprehensive inspection of cargo at land and seaports, catering to the increasing demand for robust security infrastructure acro..