Tuesday, Apr 16 2024 | Time 19:39 Hrs(IST)
image
Business Economy


Kalyani Group & Junghans Defence to form strategic partnership for providing fuzing systems

Panaji, Apr 1 (UNI) Kalyani Group and Junghans Defence have decided to come together to form a strategic partnership for providing Fuzing Systems for Artillery and various types of Bombs.
In a statement today, Baba Kalyani, Chairman of Kalyani Group, said, 'The Kalyani Group' has provided over two million ammunition shells across variants to the Indian Armed Forces since 1970s. We are now
expanding our profile in this segment to include Fuzing Systems inorder to provide end-to-end solution for the most reliable Fuzing Systems.
The group has decided to partner with Junghans Defence for Transfer of Technology for Fuzing Systems for Artillery and various types of Bombs. Junghans Defence’s advanced technology will be complemented with our world-class design, development and manufacturing capabilities. This will be the perfect example of Make
in India solutions."
Kalyani Group is a 2.5 billion USD multinational conglomerate with high technology, engineering and manufacturing capability across critical sectors such as Defence & Aerospace, Engineering Steel, Automotive, Industrial, Renewable Energy, Urban Infrastructure and Specialty Chemicals.
With end-to-end capability and global manufacturing footprint, the group has annual turnover of 12,000 Crores. The group has been a flag bearer of ‘Make in India’ across sectors including Defence and Aerospace.
Junghans Defence Junghans Defence is engaged in the business of developing and manufacturing of Fuzes for various ammunitions.Junghans Defence possesses industry capabilities in the areas of planning and designing of Fuzing Systems.
UNI AKM NV RSA GC1518
More News

Airtel celebrates 5 9 mn 5G customers in TN

16 Apr 2024 | 6:11 PM

Chennai, Apr 16 (UNI) Bharti Airtel (Airtel), one of India’s leading telecommunications service providers, on Tuesday announced that it has 5.9 million customers enjoying 5G service in the state of Tamil Nadu.

see more..

SIDBI inks MoU with Jeevika Bihar & UMED Maharashtra

16 Apr 2024 | 5:28 PM

New Delhi, Apr 16 (UNI) The Small Industries Development Bank of India (SIDBI) in association with Women’s World Banking has inked a MOU with Jeevika Bihar and UMED Maharashtra, to extend Prayaas Scheme to State Rural Livelihood Missions to ensure over 50 lakhs women of low income group to get access to affordable credit.

see more..
Axis Bank expands its omni-channel shopping segment through its Credit Card partnership with Shoppers Stop

Axis Bank expands its omni-channel shopping segment through its Credit Card partnership with Shoppers Stop

16 Apr 2024 | 5:27 PM

Kolkata, Apr 16 (UNI) Axis Bank and Shoppers Stop have announced the launch of their co-branded Credit Card – the Axis Bank Shoppers Stop Credit Card.
This partnership will offer an enriched shopping experience to cardholders for both the online and offline experiences, according to a media statement here on Tuesday.

see more..

Gold hits another record high of Rs 75300; Rupee hits record low against USD

16 Apr 2024 | 5:06 PM

New Delhi, Apr 16 (UNI) Amidst rising geo-political tensions and weakened Indian currency against USD, market witnessed another upward rally in Gold as it touched new record high of Rs 75300 per 10 gram in 24-Carat category with 999 points purity.

see more..

MET City of RIL garners Rs 1,913 crore from booking of plots in 2023-24

16 Apr 2024 | 5:03 PM

New Delhi, Apr 16 (UNI) Reliance Model Economic Township (MET City), a wholly owned subsidiary of Reliance Industries Limited, on Tuesday said the total number of plots booked during 2023-24 stood at 1079 across all segments resulting in a booking value of Rs 1,913 crore, 60 per cent jump over previous year.

see more..
image