18000% rally in 5 years! Small-cap defence stock jumps 8% on THIS license agreement with DRDO. Do you own?
'NIBE Limited ('The Company'), has entered into a Licensing Agreement with Research & Development Establishment (Engrs.) (R&DE(E)), Pune, Defence Research and Development Organisation (DRDO), India, Ministry of Defence, Government of India for Transfer of Technology of 'Modular Bridging System' of various lengths from 14m to 46m,' the BSE Smallcap stock said in an exchange filing on Monday.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
6 hours ago
- Economic Times
Project 18: India developing next-gen destroyer that can carry 144 missiles, including BrahMos, and track enemies 500 km away
Synopsis The Indian Navy's Warship Design Bureau has introduced the P-18 next-generation destroyer concept, a significantly larger and more capable vessel than the Visakhapatnam-class destroyers. Displacing 13,000 tonnes, it features 144 vertical launch systems for diverse missiles, advanced radar systems for multi-domain operations, and a focus on indigenous content, enhancing India's naval power. AI generated image of the project -18 destroyer. The Indian Navy is reportedly working on the Project 18 (P-18) next-generation destroyer, which is expected to significantly surpass the size and capabilities of the existing Visakhapatnam-class destroyers. With an estimated displacement of approximately 13,000 tonnes, the new vessel would be the largest in the Indian fleet and may be classified as a cruiser under international conventions, which apply to warships exceeding 10,000 tonnes. Speaking in December 2023, Vice Chief of Naval Staff, Vice Admiral Sanjay Jasjit Singh, stated, 'The Indian Navy has started work on building the next generation of more advanced and capable destroyers, and plans for these vessels are already on the drawing board.' The Visakhapatnam-class destroyers, currently the Navy's largest, displace around 7,450 tonnes and are fitted with 48 vertical launch systems (VLS). In comparison, the P-18 under development includes 144 VLS cells that will support a range of missiles for various mission roles. The warship features four large active electronically scanned array (AESA) radars integrated into the superstructure. These are believed to be long-range multifunction radars developed by the Defence Research and Development Organisation (DRDO). The radar suite includes an S-band active array as the primary radar, a volume search radar, and a multi-sensor mast, providing 360-degree surveillance and tracking of aerial and surface threats. The systems, jointly developed by DRDO and Bharat Electronics Limited (BEL), reportedly have a range exceeding 500 km. — nikhilhatesyou (@nikhilhatesyou) The destroyer will carry a combination of missile systems across its 144 VLS cells: 32 cells at the stern are dedicated to the under-development PGLRSAM, a long-range surface-to-air missile with a range of 250 km, intended to intercept enemy aircraft and ballistic missile threats. 48 cells will house the BrahMos extended-range supersonic cruise missile and the Indigenous Technology Cruise Missile, both intended for anti-ship and land-attack missions. 64 cells are allocated for very short-range surface-to-air missiles, acting as the final defensive layer against aerial and anti-ship missile threats. At a press conference held ahead of Navy Day on 4 December 2023, Vice Admiral Singh stated, 'The broad timeframe is about five years from now. By then, we should be in a position to target the contract, and within five to 10 years, entire delivery.' The event was also attended by Navy Chief, Admiral R. Hari Kumar. The vessel is expected to feature a 75% of indigenous content under the Atmanirbhar Bharat initiative. It will be capable of operating two multi-role helicopters, launching autonomous underwater drones, and carrying out anti-submarine warfare operations. As part of its long-term force development strategy, the Indian Navy is targeting a fleet size of 170 to 175 warships by 2035. The induction of the Project 18 destroyers is expected to contribute to this expansion, enhancing the Navy's capability in both defensive and offensive maritime operations.(Disclaimer: This article is based on social media post for informational purposes. has not independently verified the claims made in the post and does not vouch for their accuracy. The views expressed are those of the individual and do not necessarily reflect the views of Reader discretion is advised.)
Business Standard
7 hours ago
- Business Standard
Premier Explosives bags export order for supplying rocket motors
Premier Explosives said that it has received a purchase order for Rs 22.36 crore from an International entity. The contract is for supplying rocket motors, which would be delivered on or before 31 March 2026. Premier Explosives is engaged in the manufacturing of industrial explosives and detonators for mining & infra industries and defence & space. It also undertakes operation and maintenance (O&M) services of solid propellant plants at the Sriharikota Centre of ISRO and the Solid Fuel Complex at Jagdalpur under the umbrella of DRDO. The company's standalone net profit fell 44.3% to Rs 3.7 crore, while net sales declined 14.6% to Rs 74.08 crore in Q4 March 2025 over Q4 March 2024. The scrip shed 0.82% to currently trade at Rs 452.90 on the BSE.
Time of India
a day ago
- Time of India
School Assembly news headlines for today August 1, 2025: From sports to education, check 20+ national & international news
School Assembly news headlines for today August 1, 2025: On August 1, 2025, stay updated with more than 20 key news headlines covering important national and international developments for your school assembly. Today's news highlights include major sports achievements and updates, significant education reforms, and the latest happenings from across the world. Students and teachers can expect a detail roundup featuring top stories that matter—from breakthroughs in sports events to impactful educational policies and global affairs shaping the future. Prepare to engage and inform with these headlines for a well-rounded assembly session. Today's national news headlines in English for school assembly, August 1, 2025 DRDO successfully tests 'Pralay' missile's full range over two days, validating accuracy with Indian Armed Forces support. Amit Shah confirms three Lashkar terrorists killed in Operation Mahadev and criticizes opposition for ignoring anti-terror victory. Supreme Court to hear Tamil Nadu and Kerala's challenge against Presidential reference on deadlines for bill approvals. RBI Digital Payments Index jumps to 493.22 in March 2025, indicating rapid growth in digital transactions and UPI. PM Modi praises Operation Sindoor, stating Pahalgam terror attack was avenged within 22 minutes with precision strikes. Today's international news headlines in English for school assembly, August 1, 2025 EU proposes limiting Israel's access to Horizon Europe over Gaza crisis, awaiting member states' approval. US says more talks needed with India on trade deal ahead of August 1 tariff deadline, citing market protection concerns. Global hunger declines for the third year in 2024, says UN report, though conflict and climate continue to worsen malnutrition in some regions. North Korea rules out denuclearisation talks and states nuclear status is non-negotiable despite stable ties with the US. US and China hold the second day of trade talks in Sweden to resolve ongoing tariff disputes affecting the global economy. Today's sports news headlines in English for school assembly, August 1, 2025 Kyle Feldscher reports another Cleveland Guardians pitcher is on leave due to a gambling investigation. Teenage swim sensation Summer McIntosh beats Katie Ledecky to win gold in the 400m freestyle at World Aquatics Championships in Singapore. Oscar Piastri wins rain-delayed Belgian Grand Prix, extending his Formula One drivers' championship lead. Bubba Wallace becomes first Black driver to win a major race on Indianapolis Motor Speedway's oval. Nick Kurtz becomes first MLB rookie to hit four home runs in a single game during the Athletics' 15-3 win over the Houston Astros. Today's education news headlines in English for school assembly, August 1, 2025 Union Education Minister Dharmendra Pradhan lays foundation stone for ₹200 crore projects at Central University of Punjab, Bathinda. Bihar Cabinet approves formation of a Sanitation Workers Commission to support welfare of over 4 lakh workers across urban bodies and panchayats. Supreme Court recommends new judges for six High Courts, impacting judicial education and legal framework. Schools in several parts of Rajasthan closed due to flooding caused by heavy rainfall. India's education sector continues to focus on infrastructure upgrades and policy reforms amid ongoing monsoon challenges. Today's state news headlines in English for school assembly, August 1, 2025 Delhi-NCR Rains: IMD Warns of Intense Downpour Continuing Until August 3. Six Kanwariyas Dead, 24 Injured in Bus-Truck Collision in Jharkhand's Deoghar District. Schools Closed in Several Parts of Rajasthan Due to Flooding from Heavy Rainfall. Fuelled by MAHA, State Lawmakers Push to Remove Food Dyes and Additives Across Various States. Washington State Files Complaint Against Trump Administration Over Termination of Migrant Support Grant. Top business and economic news headlines for August 1, 2025 Harvard University to Share Thousands of I-9 Employment Verification Forms with Federal Government. Trump Administration Freezes $108 Million in Federal Funds to Duke University Medical School Over Antidiscrimination Allegations. Novo Nordisk Cuts Sales Forecast for Obesity Drug Wegovy Due to Compounding Pharmacy Impact. Federal Trade Commission Takes Action Against Executive Order Terminating Collective Bargaining Rights of Federal Workers. Washington State Challenges Trump Administration's Termination of Shelter and Services Program for Migrants. Daily word and thought of the day for school assembly, August 1, 2025 For the school assembly on August 1, 2025, here are the daily word and thought of the day: Daily Word:Assay - Meaning: To test, examine, or evaluate something, especially in a scientific or analytical context. Thought of the Day: "Taste and see that the Lord is good; blessed is the one who takes refuge in him." — Psalm 34:8 For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.
