INDIAN DEFENCE SPACE SYMPOSIUM

Estonia promotes tech sharing, joint production with Indian defence companies

NATO member Estonia, known for its expertise in IT and cyber security, is seeking closer cooperation with India to jointly develop defence technology. Indian companies are invited to partner with Estonian startups and tech players to explore specific areas of interest.

NASA chief says US and India to expand collaboration in space; to train Indian astronaut for ISS

NASA administrator Bill Nelson announced an expanded collaboration with India, including a joint effort aboard the International Space Station with an Indian astronaut. The US and India aim to deepen interoperability in space, commencing advanced training for ISRO astronauts at NASA's Johnson Space Centre. Efforts will support future human spaceflight and address global challenges.

Modi 3.0 takes aim: Blueprint to make the Indian armed forces future ready

India faces growing security challenges from China and Pakistan, prompting calls for a robust and integrated defence strategy. This includes bolstering nuclear deterrence, enhancing military capabilities, and pushing for systemic reforms in defence production and organization. The new government must prioritize these measures to ensure national security and strategic autonomy in the coming years.

Markets can gain another 10% by year end: Samir Arora

​But the bottom line is that this is a big event and the FIIs who have been selling for the last few months are not going to sell like this anymore and therefore you will be in a sweet spot where domestic guys are buying and foreigners are trying to build back their positions.

Commodities as a sector will get re-rated globally: Sandeep Tandon

​So far, we have seen power I think the continuity of that space will continue. Anything related to storage aspect on the energy you are talking about and maybe a lot of speculation is going on, the taxation related changes coming, GST will be part of these things.

Will the pace of the rally in PSU sector cool down? Sandip Sabharwal answers

My base case is that the current government will continue. So, if that doesn't happen, which I believe is a remote possibility, then I think the post-election strategy has to be very different.

Defence stocks: Long runway, hedge a bit to avoid narrative-based decisions; 8 PSU & Pvt sector stocks, 4 with upside potential of upto 44%

In an election season, there are bound to be times when one or the other narrative may make one question about whether one should sell the stocks. The underlying reason would be fear of losing the gains on which one is sitting. Especially when it comes to sectors like defence, railways and others which have seen a strong re-rating and siting with big gains and already there has been skepticism about their stock price moving ahead of time. Now let's look at the issue in two ways, first is whether the fundamentals of the sector are on a strong foot and business is fine or not. Second, how to hedge the exposure so that one is not forced to sell due to narrative, because the fact is that a continuation in policy push means that the companies have just started their journey. While defence PSUs are well known, there are other private sector players, whose lifeline is dependent on defence expenditure and in the last few years they have also done well, both on the street and in terms of real business. So, it is better that one should hedge and stay with them and not get jittery because of one or the other narrative which will keep hitting the street till 4th June.

We are poised to open a minimum of 25 hotels this year: Puneet Chhatwal, IHCL

​ I think as things are beginning to normalise, this global travel will also start coming back. And as of this October, we should see us getting close to the pre-COVID level. And it is only next year that India will cross the international arrival numbers that it had prior to COVID.

India well poised to benefit from great opportunities coming from hotels and hospitality sector: Puneet Chhatwal, IHCL

​And if things keep going this way, and it is anybody's guess, I know that there is a new book coming out in the market which predicts India at 47, with more than 50 trillion economy and there are others that are predicting at 27 or 28.

Book profit in Modi stocks; go for 3 themes that will outperform now: Sanjiv Bhasin

CLSA has labeled certain stocks as 'Modi stocks' which have performed well recently. Sanjiv Bhasin from IIFL Securities suggests booking profits in these stocks, especially PSUs. He recommends focusing on FMCG, private banks, and specialty chemicals for better performance. He also says if one is interested in pharma stocks, it is better to buy a pharma fund.

India to start talks for 26 Rafale Marine jets: Here's all about the 'omnirole' naval fighter plane

India and France will begin negotiations this week for a Rs 50,000 crore deal to purchase 26 Rafale Marine fighter jets for the INS Vikrant. The Rafale M was chosen for its compatibility with India's existing Rafale fleet, reducing maintenance costs. Capable of various missions, the Rafale M has a proven track record with the French military.

Beyond the clutter: India-US ties transcend ongoing differences

India explained why oil imports from Moscow are necessary to preserve global oil market stability, similarly Chabahar deal is also for regional stability which is valued by the US.

NASA will soon provide advanced training to Indian astronauts: Eric Garcetti

The day-long event in Bengaluru garnered participation from senior officials from both the US and Indian governments, including Garcetti, Indian Space Research Organisation (ISRO) Chairman Dr. Somanath. S, representatives from the National Aeronautics and Space Administration (NASA), National Oceanic and Atmospheric Administration (NOAA), and the Government of India, as well as prominent leaders from the commercial space industry, industry stakeholders, venture capitalists, and market analysts.

Create joint culture: CDS Gen Chauhan to armed forces as govt looks at rolling out theatre commands

Chief of Defence Staff Gen Anil Chauhan emphasized the significance of theatre commands, marking a milestone in India's military preparedness and warfighting capabilities. He urged the armed forces to foster a joint culture and embrace "jointness 2.0", aiming for integrated operations and optimal resource utilization amidst evolving security challenges.

Defence stocks: Stay bullish, just hedge a bit to avoid narrative-based decisions; 4 stocks with upside potential of up to 33%

One of the sectors which has seen strongest re-rating in the last four years has been defence. Now in the last few days, the way markets have corrected and a narrative has come on the street that it is poll jitters which is making FPI sell, without realizing the fact that after a strong phase of upward movement, the global money tends to move in one from one country to another, especially in emerging market segment, it might lead to a situation where one might end up selling the long term winner early because of the narrative. Rather than getting jittery, it would be better to create a hedge and stay with the stocks where there has been a big change in the fundamental ways things operate.

Defence industry world over facing capacity crunch, India must step up to fulfil needs: Defence Secretary

Defence Secretary Giridhar Aramane highlighted the global demand for defence utilities amidst geopolitical conflicts, urging Indian shipbuilders to enhance capacity. He mentioned government initiatives and targets for indigenous defence manufacturing and exports, emphasizing the potential for growth and the importance of research and development.

Netweb Technologies starts commercial production at a new facility in Faridabad

Netweb Technologies launches high-end computing production at new Faridabad facility, aiming for Rs 2,000 crore turnover. Expansion plans include employee increase and international exports of Nvidia computers.

Space will cast its influence on air, maritime and land domains: Chief of defence staff

General Anil Chauhan discusses space as a warfare domain with influence on air, maritime, and land. He highlights India's 'Gaganyaan' program and the global perspective on space at the Indian Defence Space Symposium.

CDS asks military, DRDO to work with startups to get cutting-edge space tech to reduce gap with adversaries

In an effort to boost collaboration between the Indian space and defence sectors, Chief of Defence Staff General Anil Chauhan today asked the three defence forces and DRDO to engage with the Space industry and startups to develop cutting-edge technology to reduce the gap with the adversaries.

Despite challenges, our scientists shown that Bharat can be the Space Ace: Admiral Hari Kumar

Admiral R Hari Kumar, Chief of Naval Staff, highlighted India's space achievements at the Indian Defspace Symposium 2024. He emphasized the nation's growing space capabilities, upcoming investments, and successful missions to Mars and the moon. The space sector is seen as a key player in national development and security, with potential for significant growth and innovation.

India will unravel the mysteries of space, the final frontier for national defence: CDS General Anil Chauhan

DRDO chairman Samir Kamat inaugurates Indian Navy's 'SPACE' in Kerala

A state-of-the-art Submersible Platform for Acoustic Characterization and Evaluation (SPACE) inaugurated in Kerala's Idukki for Indian Navy's ships, submarines, and helicopters, enabling survey, sampling, and data collection with modern scientific instrumentation.

How 100% FDI via automatic route will help the space technology sector?

Amit N Mahajan expects FDI to empower companies for bigger programmes. Paras Defence & Space Technologies will explore opportunities in satellites and payload missions. Start-ups working with Paras will benefit. FDI will boost the Indian space industry. The company's growth trajectory is robust, maintaining a handsome growth rate. The medium term potential is strong with a projected CAGR of 30%.