Latest news with #DiehlDefence
India.com
15-06-2025
- Business
- India.com
Jackpot for Anil Ambani as these three Reliance's shares go sky-high, their names are...
Anil Ambani (File) Anil Ambani hits jackpot: We all know about the highs and lows that Mukesh Ambani's brother and Dhirubhai Ambani's son, Anil Ambani has experienced in his lifetime. Ranging from the SEBI conflicts and share prices fall, Anil Ambani's Reliance Group has seen many lows. However, the recent events have been historically positive for the company. Here are all the details on the recent jackpots for Anil Ambani's Reliance Group. On one hand, Reliance Infrastructure, a Reliance Infrastructure Limited promoted Reliance Defence Limited signed a landmark deal for India's defence infrastructure development with Germany's Diehl Defence, and on the other hand, the shares of Reliance Power, Reliance Infrastructure, and Reliance Home Finance have all experienced strong demand, bringing a massive good news for Anil Ambani. Massive good news for Anil Ambani In a matter of great news for Anil Ambani, the shares of several Reliance Group companies have seen significant gains over the past three months. The share price of Reliance Power surged from Rs 34 to Rs 70, marking a 107% rise, and is currently trading at Rs 67 after hitting a 52-week high of Rs 76. Additionally, the share prices of Reliance Infrastructure rose nearly 80%, from Rs 221 to Rs 396, before easing slightly below Rs 380, having touched a 52-week high of Rs 421. Meanwhile, Reliance Home Finance delivered the most dramatic rally, jumping from Rs 3 to Rs 8—a 143% increase. Milestone for Anil Ambani Anil Ambani achieved another milestone this months when Reliance Infrastructure, a Reliance Infrastructure Limited promoted Reliance Defence Limited signed landmark deal for India's defence infrastructure development. The Anil Ambani led company signed a deal with Germany's, Diehl Defence for the production of next-generation Terminally Guided Munitions (TGM). As per the press release issued by the company, Reliance Defence and Diehl Defence will be doing local production of state-of-the-art, Vulcano 155 mm Precision Guided Munition system, which would cater to needs of the Indian Armed Forces. Vulcano 155 mm Precision Guided Munition system The release also said that the advanced munition system will incorporate state-of- the-art, laser and GPS-guided targeting technology, enhancing precision striking capability, while ensuring high- impact accuracy for designated targets.
India.com
14-06-2025
- Business
- India.com
Pakistan, China to face heat as Anil Ambani inks deal with German company to...., deal is with Rs ..
Anil Ambani (File) Reliance Defence has signed an agreement with German company Diehl Defence to make the advanced Vulcano 155mm Precision-Guided Munition System in India. These are special artillery shells that can hit targets with very high accuracy using laser and GPS guidance. The agreement supports India's goal to reduce dependence on foreign weapons and boost local defence manufacturing. The shells will be made in a new factory in Ratnagiri, Maharashtra. This area is part of the upcoming Dhirubhai Ambani Defence City. Production will include more than 50 per cent locally made parts, helping the 'Make in India' mission. Announced on June 10, the strategic cooperation will see Reliance Defence handle the production, while Diehl Defence will provide the key technology and guidance systems. These shells are designed for long-distance and accurate strikes, especially useful in situations where hitting the right target is more important than firing many rounds. This deal is expected to bring in Rs. 10,000 crore in business, and it will help India reach its goal of exporting Rs. 50,000 crore worth of defence products by 2029. The project shows how India is building strong capabilities in advanced weapons manufacturing and moving toward self-reliance in defence. The collaboration, which builds upon an earlier pact signed in 2019, also reflects Reliance Defence's intent to emerge among the top three private defence exporters in India. The Vulcano 155mm system is equipped with laser and GPS-guided navigation, capable of hitting targets with exceptional accuracy. Its inclusion in India's artillery arsenal will significantly enhance the operational capabilities of the armed forces, especially in high-stakes combat situations that demand precision over volume.
Yahoo
12-06-2025
- Business
- Yahoo
Zelenskyy announces three-year plan for IRIS-T deliveries from Germany
Ukraine and Germany have agreed on a joint plan to supply Kyiv with IRIS-T air defence systems over the next three years. Source: President Volodymyr Zelenskyy at a briefing following a meeting with German Defence Minister Boris Pistorius, as reported by Interfax-Ukraine Quote: "We are also grateful for the supply of IRIS-T air defence systems. We now understand the delivery plan – I won't go into all the details. But it's a plan for the next three years, and this is very important support for us regardless." Details: Zelenskyy stressed that the plan does not imply the war will last that long, but Ukraine requires air defence systems to protect its civilians. He also noted that Ukraine expects to localise the production of these "very high-quality" German air defence systems. Background: In May, Ukraine signed agreements with German company Diehl Defence for the production of IRIS-T systems and missiles for Ukrainian use. Support Ukrainska Pravda on Patreon!
India.com
12-06-2025
- Business
- India.com
Anil Ambani hits mega JACKPOT, set to earn Rs 11690000000 due to..., shares of Reliance Infra zoom to...
Anil Ambani (File) In a major milestone and good news for Anil Ambani, Mumbai Metro One Private Limited, a subsidiary of Anil Ambani's company Reliance Infrastructure has received a massive sum of Rs 1,169 crore, thanks to the Bombay High Court Order. On the other hand, the Chairman of Reliance Industries has alos hit a jackpot in a dispute between Anil Ambani's company and Mumbai Municipal Corporation over Mumbai Metro Line 1 (Versova-Andheri-Ghatkopar). Here are all the details you need to know. In the recent development, the Bombay High Court instructed Mumbai Metropolitan Region Development Authority (MMRDA) to pay a whopping amount of Rs 1,169 crore as an arbitration award to Mumbai Metro One Pvt Ltd (MMOPL). Notably, MMOPL is a debt-ridden subsidiary of Reliance Infrastructure and has been operating Mumbai's first metro line between the Versova-Andheri-Ghatkopar Corridor. Responding to the big updatw, Reliance Power and Reliance Infrastructure shares continued to rise, trading at ₹71.67 and ₹405 respectively despite market weakness. , Reliance Infrastructure Limited promoted Reliance Defence Limited (Reliance Defence) has announced a landmark deal for India's defence infrastructure development. In the recent development, the Anil Ambani led company signed a deal with Germany's, Diehl Defence for the production of next-generation Terminally Guided Munitions (TGM). Reliance group founder Anil D Ambani and German arms manufacturer Diehl Defence CEO Helmut Rauch discussed strengthening strategic partnership on guided munition/terminally guided munition that they had entered into in 2019, the two firms said in a statement on Tuesday. 'For Diehl Defence, the collaboration with Reliance Defence is part of the company's commitment to the Indian market and to the 'Make in India' initiative of the Indian government,' the statement said. The main purpose of the current strategic cooperation agreement between the two groups is to focus on the urgent supply of the 'System Vulcano 155mm Precision Guided Munition' for the Indian armed forces. (With inputs from agencies)
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First Post
12-06-2025
- Business
- First Post
After Operation Sindoor exposed Pakistan, why is Islamabad turning to German defence?
After India's Operation Sindoor exposed Pakistan's air defence gaps and Chinese weapons failed to deliver, Islamabad is now eyeing Germany's IRIS-T missile system to counter India's BrahMos. Despite economic distress, the country is prioritising defence upgrades. Why does Germany's system appeal to Pakistan? read more People walk past a cut-out of BrahMos missile as they arrive to attend the roadshow of Prime Minister Narendra Modi in Ahmedabad, India, May 26, 2025. File Image/Reuters In the aftermath of India's assertive military response, Pakistan is reassessing its air defence capabilities. Operation Sindoor, conducted from 7 to 10 May 2025, demonstrated the effectiveness of the Indo-Russian BrahMos cruise missile in penetrating and crippling existing Pakistani air defence infrastructure. With India's supersonic precision-strike capabilities now proven in operational settings, Pakistan has turned its attention to advanced Western systems — particularly Germany's IRIS-T SLM — hoping to neutralise future threats from weapons like the BrahMos. STORY CONTINUES BELOW THIS AD The BrahMos not only exposed the vulnerabilities in Pakistan's Comprehensive Layered Integrated Air Defence (CLIAD), but also left 11 out of 13 of Pakistan's Air Force bases compromised. The missile, with speeds reaching up to Mach 3 and a range between 450 to 800 km, overwhelmed Pakistan's Chinese-supplied HQ-9B and HQ-16 missile defence systems. The accuracy and velocity of BrahMos, combined with its stealth and low radar cross-section, made it a particularly difficult target. In this context, Islamabad is now reportedly evaluating two advanced air defence options — the German-developed IRIS-T and the Italian CAMM-ER. However, Pakistan is showing a clear tilt towards the IRIS-T system, manufactured by Diehl Defence, which has seen operational success in Ukraine against Russian cruise missiles. Why does Pakistan want Germany's IRIS-T? The IRIS-T (InfraRed Imaging System – Tail/Thrust Vector Controlled), particularly its surface-launched medium-range version IRIS-T SLM, has garnered attention for its ability to tackle fast-moving cruise missiles and drones. The SLM variant offers a maximum engagement range of 40 km and can target threats up to 20 km in altitude. Reports from the Ukrainian frontlines suggest that the system successfully intercepted over 60 aerial targets — including missiles similar to India's BrahMos — since its deployment began in October 2022. Originally designed for Egypt, the IRIS-T SLM batteries were partly redirected to Ukraine during the ongoing conflict, where they have been used to counter Russian P-800 Oniks missiles — an earlier technological sibling of the BrahMos. STORY CONTINUES BELOW THIS AD Ukrainian officials revealed that in one engagement, the IRIS-T system intercepted eight Russian cruise missiles in just 30 seconds, safeguarding critical infrastructure from damage. According to the Indian Defence Research Wing, the Oniks, like the BrahMos, flies at low altitudes at high speeds, making it a difficult target. Though the interception rate of the Oniks remains in single digits, the IRIS-T's relative success has reportedly impressed Pakistani military planners. Each IRIS-T SLM unit comprises a radar, command and control centre, and a set of launchers, all mounted on compact frames for swift deployment. The entire system is modular and transportable, enhancing battlefield flexibility. At an estimated cost of €178–200 million per battery, the system is expensive, but its proven performance and adaptability make it appealing to Islamabad, which is racing to upgrade its defences despite significant economic pressures. Can Pakistan afford German defence? Despite being in the midst of a fiscal crisis, Pakistan has sharply raised its defence expenditure. This year, the defence budget was increased by almost 20 per cent, even as development projects worth 1,000 billion Pakistani rupees were shelved. In the same time frame, Islamabad secured nearly $1.8 billion in financial assistance from the International Monetary Fund and the Asian Development Bank. STORY CONTINUES BELOW THIS AD Criticism has followed. New Delhi raised objections to Islamabad's rising military spending while continuing to receive international loans, pointing out that 'the loan amount would be used for terror financing rather than their intended use for development.' One complicating factor is Diehl Defence's existing collaboration with India. The company, along with Thyssenkrupp Marine Systems, is involved in supplying the Interactive Defence and Attack System (IDAS) for India's Rs 70,000 crore Project 75I submarine initiative. If Germany chooses to proceed with arms sales to Pakistan, it could trigger diplomatic friction with New Delhi, which may view it as undermining India's strategic edge. Nevertheless, Germany and Pakistan have a history of defence and economic cooperation. The 2011 Pak-Germany Strategic Dialogue and a bilateral trade volume of €3.3 billion in 2023 form the backdrop for discreet German outreach to Islamabad through the European Security and Stability Initiative (ESSI). Why is Islamabad leaning towards Germany? While Italy's CAMM-ER system, developed by MBDA, is also under consideration by Pakistan, it appears to fall short in key operational parameters when compared to the IRIS-T. The CAMM-ER has a maximum range of 45 km and is designed to engage aircraft and cruise missiles at altitudes up to 20 km. STORY CONTINUES BELOW THIS AD It uses a 'fire-and-forget' guidance system with a two-way datalink for mid-course correction, making it robust against electronic jamming. According to Resonant News, Its vertical launch capability reduces thermal signatures, offering a level of survivability. However, the CAMM-ER's interception capabilities may be insufficient against the BrahMos's supersonic speed and sea-skimming trajectory. While more affordable and compatible with Nato-standard systems, the Italian system has not undergone the same level of combat testing as the IRIS-T, particularly against missiles sharing the BrahMos' performance envelope. Moreover, geopolitical alignment plays a role. Italy's close ties with Nato and a stronger relationship with India could complicate any direct sale of CAMM-ER systems to Pakistan. In contrast, Germany's strategic balancing and economic focus are seen as more conducive to defence dealings with Islamabad. There are also reports that Pakistan might explore options to locally produce or assemble the IRIS-T system, which could alleviate stockpile concerns and potentially lower long-term costs. Why does Pakistan think it is a necessary move? For Pakistan, acquiring a robust, modular, and combat-proven system like the IRIS-T is not just about replacing obsolete defences — it's about restoring deterrence in the face of India's growing missile capabilities. India's deployment of the BrahMos Extended-Range Land Attack Cruise Missile (BrahMos-ER LACM) has significantly altered the regional power dynamic. With a range now extended to 450 km and beyond, and with pinpoint accuracy of under one metre, the BrahMos has emerged as a cornerstone of India's offensive capability. STORY CONTINUES BELOW THIS AD Indian Army's Brahmos missile system showcased at New Delhi, India. File Image/AFP Pakistan's military establishment sees the IRIS-T SLM as one of the few systems capable of responding to this threat. Its infrared seeker and thrust-vector control allow for agile interceptions of fast, evasive threats. Its multi-layered variants (SLS, SLM, SLX) offer integration options with Pakistan's Chinese and Western air defence components, giving Islamabad the flexibility it seeks. However, acquisition comes with both strategic and financial risks. Each system would only cover a limited area, necessitating multiple deployments to safeguard key military and civilian infrastructure. Even if deployed, the IRIS-T's 40 km range would still require supplementary systems — such as the longer-range HQ-9B — to offer a more comprehensive shield. And yet, in the current post-Sindoor landscape, it appears that Pakistan is prioritising its defence over its growing economic crisis. Also Watch: With inputs from agencies
