Acquisition Wing of Ministry of Defence (MoD) has signed a contract worth Rs 2580 Cr with M/s. Bharat Earth Movers Ltd. (BEML), M/s. Tata Power Company Ltd. (TPCL) and M/s. Larsen & Toubro (L&T). The contract has been signed for supply of six Pinaka Regiments to the Regiment of Artillery of the Indian Army and hence will enhance the operation preparedness of our Armed Forces.
Induction of Six Pinaka Regiments which comprise 114 Launchers with Automated Gun Aiming & Positioning System (AGAPS); 45 Command Posts to be procured from M/s TPCL and M/s L&T and 330 Vehicles to be procured from M/s BEML, is planned to be completed by 2024. It will also provide further boost to the ‘Make in India’ initiative of Government of India in the Defence Sector.
Important takeaways for all competitive exams:
PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…
India’s retail inflation, measured by the Consumer Price Index (CPI), increased modestly to 0.71% in…
India’s foreign exchange reserves saw a moderate rise in the week ending December 12, 2025,…
The Union Cabinet has approved the Atomic Energy Bill, marking a major shift in India’s…
Meta India has announced the appointment of Aman Jain as its new Head of Public…