During the Russia-India summit in New Delhi on October 5, general director Alexey Likhachev of Rosatom, and the chairman of the Atomic Energy Commission of India, Kamlesh Vyas signed an agreement according to which Russia will build six new nuclear units in India. Other deals in the pipeline: Four S-400...
At India's DefExpo 2018, Multinationals Ink Partnerships
India’s largest Land, Naval, and Internal Security System’s Exposition, DefExpo India, has become one of the largest events of its kind in the world for the last 10 years. Defense Expo 2018 was a four-day event at the southern city of Chennai, India. The tagline this year was "India: The...
India's Hindustan Aeronautics To Go Public
Hindustan Aeronautics Limited, state-owned aerospace and defense company based in Bangalore, initiated the process of an initial public offering to divest 10% of its shares. The IPO is for 361,500,000 equity shares with a face value of $0.15 each. "A discount of up to 5% on the offer price may...