Adani Defence & Aerospace signed an agreement with DRDO to develop systems for the Indian Air Force.

The entities involved

• Defence Research and Development Organisation →

  government agency in India

  • DRDO conducted missile tests near Balasore in the Sadar block.Tue 23:11
  • India is set to export Pinaka MBRLs to Armenia, a system developed by DRDO and used by the Indian Army.Tue 19:40
• Indian Air Force →

  Aerial service branch of the Indian Armed Forces

  • The short-term recruitment program for the Indian Armed Forces under the Agnipath Scheme is currently under review.Wed 19:11
  • The Indian Air Force provided timely support during a rescue operation.Tue 10:22
• Adani Group →

  Indian conglomerate

  • Shriram Finance Limited is noted as a major retail NBFC, while APSEZ is identified as India's largest private port operator.Thu 04:14
  • Adani Group and EdgeConneX form AdaniConneX, collaborating with CoreWeave to expand AI Cloud in India, seeking financing from First Abu Dhabi Bank.Tue 21:42

Related events

• Nomura raised its target price for Adani Ports, while Adani Green Energy continues operations in India.Oct 29
• Anuj Gupta provided financial advice regarding the shares of Adani Enterprises and Adani Power.Oct 29
• The Indian Air Force plans to procure AMCA in initial batches, with the Aeronautical Development Agency collaborating on integrating next-gen capabilities.Sep 15
• The Indian Air Force operates its core fighter fleet in India, utilizing Hindustan Aeronautics Limited for defense hardware production.Jun 7
• Sachs questioned AI risks versus UN goals, while the Adani Group contributes to India's infrastructure growth, and Paul Polman's background at Unilever was noted.Mon 11:22