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Shares of Bharat Forge rose over 4 per cent in afternoon trade on Tuesday after the company inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country. The stock gained 4.05 per cent to Rs 612 apiece on the BSE. On the NSE, it rose by 4.12 per cent to Rs 612.85. In afternoon trade, the benchmark 30-share Sensex was up nearly 180 points at over 49,922 points. Bharat Forge has inked a pact with Paramount Group to manufacture armoured vehicles in the country. "This collaboration brings together the manufacturing and technology excel...

Read more about Bharat Forge climbs after order win on Business Standard. Bharat Forge rose 2.33% to Rs 601.9 after the company said it has received a Rs 177.95-crore order from the Indian Ministry of Defence for supplying Kalyani M4 vehicles under emergency procurement.

Global Aerospace and Technology company Paramount Group and Bharat Forge announced a cooperation that will see them join the technologies, capabilities and expertise of both groups in order to manufacture Armoured Vehicles in India. An agreement to this effect was signed by both companies during the International Defence Expo (IDEX 2021) held in Abu Dhab. The Kalyani M4 is a multi-role platform, designed to meet the specific requirements of armed forces for quick mobility in rough terrain and in areas affected by mine and IED threats. It offers best in-class levels of ballistic and blast p...

These five weapons made the battlefield as deadly as it is today. Here's What You Need to Know: The Garand gave U.S. soldiers combat fire superiority in close quarters over their Axis enemies. Ten American soldiers armed with Garands could quickly fire eighty shots before reloading, while the same number of German or Japanese soldiers could only fire fifty. The field of military small arms is an underappreciated but important one. Although not as sexy as nuclear weapons, fighter jets or tanks, battle rifles, assault rifles, and machine guns have killed far more people and been involved in th...

Norinco: This Company Has Cloned (and Sold) American Gun Designs for Decades The company is banned in the United States. Here's What You Need to Know: Norinco has touted American gun designs for decades. If you ask an American what their idea of a budget AR-15 brand is, you would probably get answers like Stag Arms, Palmetto State Armory and Anderson Arms: all American companies. However, if you asked a Canadian what their idea of a budget AR-15 brand is, you would likely get one answer: Norinco. Norinco has been cloning and selling American designs on the international market for decades. I...