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    • Bharat Forge bets big on defence business, eyes orders worth Rs 5,000 crore in medium term

      While the company is already supplying armoured vehicles to the domestic defence forces, it is now expanding its frontiers abroad. It will start churning out artillery guns in December/January

    • Adani subsidiary joins hands with Bulgaria-based firm for defence business

      Adani subsidiary Agneya Systems Ltd will hold a 56% stake and Armaco JSC 44 % in Armada Defence Systems

    • Anil Ambani to spell out defence biz plans

      Pitching defence business as the main growth driver, industrialist Anil Ambani will brief the sectoral and market analysts here tomorrow about future plans of his Reliance Group in this segment.

    • Aim to meet full year revenue guidance of 12%: Rolta India

      KK Singh CMD, Rolta India said they were in the process of evaluating the valuation of defence business that would be transfered into a wholly owned subsidiary.

    • Aim to focus on defence biz by demerging it: Rolta India

      The company plans to streamline the defence business as a separate and distinct wholly owned subsidiary mainly because the regulatory environment is different for the defence and IT business, said KK Singh, CMD, Rolta India.

    • BEML confident to close FY12 with Rs 4500cr revenues

      In an interview to CNBC-TV18, VRS Natrajan, the chairman and managing director of BEML talks about his company’s first quarter results. He also spoke about the latest happenings in his company and sector.

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