Thursday, October 15
NIBE Limited, a pioneering Indian manufacturer of critical defence systems, is pleased to announce the receipt of a significant export Purchase Order valued at USD 17.52 million from a globally renowned leading technology-based company in Israel.The order involves the manufacturing and supply of Universal Rocket Launchers with a range capability of up to 300 kilometres - a highly advanced technology being produced in India for the first time for the global market. This is a landmark achievement for NIBE Limited and a proud milestone for India's defence manufacturing sector. With this contract, we reaffirm our commitment to the Prime Minister's vision of 'Atmanirbhar Bharat' and Make in India, bringing world-class defence technology to Indian soil. The Universal Rocket Launcher is among the
Stating that it does not augur well for cooperative federalism when states seek legal recourse to get the Central funds they are entitled to, Tamil Nadu Chief Minister M K Stalin on Saturday urged the Union government to disburse Rs 2,200 crore funds under the Samagra Shiksha Abhiyan (SSA) due for the state. This hefty sum, Stalin said, was denied to the state for not signing a Memorandum of Understanding (MoU) with the Union Education Ministry regarding the "PM Shri" scheme. Also, he made a strong pitch for enhancing the state's share in central taxes to 50 per cent and underscored the necessity for a dedicated urban transformation mission in the state. "Particularly, nearly Rs. 2,200 crore of Union funds have been denied to Tamil Nadu in the year 2024-2025. This affects the education of
