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    INDIGENOUS FAST INTERCEPTOR BOAT

    India sends a deterrent for bully China in its backyard

    An expansionist China's territorial claims in the South China Sea have put it in conflict with a number of countries. India looks to increase cooperation, defence as well as economic, with these countries to take its resistance to maritime Chinese influence to China's own backyard.

    Caught in a solar flare

    The approved white list of domestic module makers is a big mistake. No country in the world has tried to improve domestic manufacturing through tariff as well as non-tariff barriers plus capex linked incentives the way India has done.

    Restructuring of Tata Motors: Will these 7 auto companies be forced to follow the same path sooner or later?

    The moment Tata Motor raised money from a private equity fund for its EV part of the business it was apparent that sooner or later, the demerger of EV business is bound to follow. But it will come so soon is not something which the street was expecting. Why was the demerger imminent? Not only because there is a PE player who wants to have a road map for the exit even before investing. The other simple fact is that there is no sense in having a single entity for two businesses which are different from the word go. While it might appear that Tata Motors is restructuring the business due to vast differences in the two segments. The fact is that very soon, the difference between the traditional ICE vehicle business and the EV business of even two-wheeler maker or a passenger car maker would also get highlighted and would have a negative impact on the the valuations. So don't be surprised if the large auto players get into mode of restructuring the business to protect both the value and valuations.

    Indian warship rescues 19 Pak fishermen

    Indian Navy warship INS Sumitra carried out its second consecutive rescue mission by freeing a hijacked Iranian fishing vessel and securing the release of 19 Pakistani hostages. The navy also assisted in the rescue of a hijacked Sri Lankan fishing vessel, supporting the Seychelles Defence Forces. INS Sumitra intercepted fishing vessel Al Naeemi after receiving a distress call about pirates off the Somalian coast. The warship disarmed 11 Somali pirates and rescued the fishermen. The actions will subdue piracy attempts in the Gulf of Aden.

    GRSE, Rolls-Royce sign license agreement to manufacture MTU S4000 govt marine engines in India

    Warship company GRSE and Rolls-Royce signed an agreement to produce MTU Series 4000 Marine Engines in India. The engines will be manufactured at GRSE's Diesel Engine Plant in Ranchi. The collaboration is part of the 'Make in India' initiative and will benefit the Indian Navy and Coast Guard.

    Army begins process to procure fast patrol boats, landing craft and surveillance systems

    The Indian and Chinese troops are locked in an over three-year confrontation in certain friction points along the Line of Actual Control in eastern Ladakh even as the two sides completed disengagement from several areas following extensive diplomatic and military talks.

    The Economic Times
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