C DAC
HAL, BEL, Paras Defence, other stocks rise up to 4% after DAC clears proposals worth Rs 2.12 lakh crore
India’s Defence Acquisition Council approved defence procurement proposals worth ₹2.12 lakh crore, with 82% expected from domestic industry. The clearances cover helicopters, drones, air-defence systems, artillery and naval platforms, supporting military modernisation. Defence stocks may gain investor attention, while indigenous manufacturing, rising capital expenditure and policy support strengthen long-term sector growth prospects.
Defence Ministry clears ₹2.12 lakh crore military acquisitions, including 200 helicopters
The Defence Acquisition Council has approved various acquisition proposals for the Indian armed forces, amounting to ₹2.12 lakh crore. This includes the procurement of 323 K9 Vajra artillery guns and 200 Light Multi-Role Helicopters. Additional equipment, such as Very Short-Range Air Defence Systems and long-range surveillance drones, will also be acquired. The Indian Air Force will receive 24 Special Utility Helicopters for VVIP transport and new radar systems.
Drones, guns, helicopters: DAC clears Rs 2.12 lakh crore defence buys
On October 26, the Defence Acquisition Council granted Acceptance of Necessity for various capital acquisition proposals. The total worth of these proposals is approximately Rs 2,12,000 crore for the armed forces. A significant portion, about 82%, will be sourced from the Indian industry to promote domestic procurement. The approved procurements encompass a diverse array of platforms and weapons for all three armed forces.
ETtech Explainer: Decoding eMudhra’s keys to chaos
Weak cryptographic keys associated with eight intermediate certificate authorities operated by eMudhra could be reverse-engineered, or recovered, potentially allowing the issue of fraudulent certificates to impersonate websites or make malicious software appear trustworthy.
Mizoram CM Lalduhoma launches 4 digital finance initiatives
Mizoram Chief Minister Lalduhoma launched four digital financial management initiatives aimed at ensuring transparency and accountability. These initiatives include the Mizoram Integrated Works Accounts System, e-Sanction, e-Budget, and 100% Direct Benefit Transfer. The new systems will streamline public financial management across various state departments for better efficiency. Payments under state schemes will now be directly transferred to beneficiaries' bank accounts after Treasury approval.
Mizoram CM Lalduhoma launches four digital financial initiatives for transparency and efficiency
Mizoram Chief Minister Lalduhoma has launched four digital financial management initiatives aimed at improving public finance management. These initiatives include Mizoram Integrated Works Accounts System, e-Sanction, e-Budget, and 100% Direct Benefit Transfer. They will streamline budget proposals, expenditure sanctions, and beneficiary payments through digital channels for efficiency.
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Govt fast-tracks safer AI blueprint, paper on regulation out in a month
Speaking at a World Bank group event, Vaishnaw said the paper will be released in one month, and will focus on AI safety, humanity, skilling, inclusivity, and mitigation of harms such as deepfakes from AI.
Delhi ITMS explained: How Centre’s Rs 1,789 crore plan aims to cut congestion across Delhi, Noida, Gurgaon & other neighbouring regions
Delhi will get a technology-driven traffic management overhaul after the Cabinet approved Rs 1,789.52 crore for an Intelligent Traffic Management System. The project will cover 42 corridors and use AI-enabled adaptive signals, automated enforcement, real-time congestion alerts and emergency vehicle priority to improve traffic flow, road safety and commuter information.
Palmonas' offline push; IndiaAI's GPU crunch
Happy Thursday! Demi-fine jewellery brand Palmonas is betting on offline stores, cofounder Pallavi Mohadikar said. This and more in today’s ETtech Morning Dispatch.
IndiaAI Mission likely to rewire after GPU glitch
The IndiaAI Mission currently has access to about 30,000 GPUs against a total commitment of 45,000. Several firms that had committed capacity have been unable to deliver due to market pressures. The IT ministry is now planning to issue fresh bids while also pressing companies to meet their pledges.
After NEET paper leak, NTA tightens security at new office: 39 CISF personnel deployed, confidential areas under strict monitoring
Following concerns over the NEET-UG paper leak incident, the National Testing Agency has relocated to a new office designed with enhanced security features. The Central Industrial Security Force (CISF) is now in charge of maintaining strict access control. Additionally, the building's sensitive areas will be monitored closely to avert future leaks.
Indian states look beyond incentives to drive semicon mission
Officials from the four states outlined these measures at a panel discussion at Semicon India 2026, highlighting how states are trying to remove infrastructure and approval bottlenecks as semiconductor projects move towards manufacturing.
From phones to fabs: India is building its semiconductor muscle
India's semiconductor strategy is widening from fabs to a complete ecosystem. The nation is building capabilities across design, packaging, and manufacturing. Significant government investment supports this comprehensive semiconductor value chain development. This push aligns with a growing electronics manufacturing base and global supply chain shifts. The focus is on connecting all pieces to become a durable global participant.
Rentomojo to raise Rs 1,256 crore via IPO; rich valuation a concern
Rentomojo plans a ₹150 crore fresh issue and ₹1,105.6 crore offer for sale. The company shows strong revenue growth and improving profitability metrics. Active subscribers have significantly increased while occupancy rates have moderated. A co-founder's legal petition poses a potential risk to the stock. Investors with high-risk appetite may consider this upcoming IPO.
Lahaul-Spiti administration prepares for glacial lake outburst flood from Ghepan Lake, identifies 32 vulnerable locations
Lahaul-Spiti administration is preparing for a potential glacial lake outburst flood. Thirty-two vulnerable locations have been identified along the likely flood path. An early warning system will be installed at Ghepan Lake this month. A Geological Survey of India team will assess the lake and its surroundings. Residents in vulnerable areas are receiving disaster preparedness training.
Uber layoffs impact India; RMG ban, a year on
Happy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.
ISM 2.0 paradox: Tough IP rules might leave startups starving for global cash
The India Semiconductor Mission (ISM) 2.0 was notified on Monday. The domestic chip design industry welcomed the large, updated design-linked incentive component within the new scheme, lauding it for not keeping an upper ceiling on government support through royalty financing, industry sources told ET.
Govt to launch affordable cloud-based hospital management system for small clinics on Jun 29
A new, affordable cloud-based Hospital Management Information System, e-Sushrut clinic, is set to launch for small healthcare facilities. Developed by C-DAC, it aims to digitize operations like patient registration and billing, overcoming the cost and complexity of existing software. The initiative, supported by the National Health Authority, offers a subsidised monthly subscription of Rs 299 after a free three-month trial, promoting digital health adoption across India.
CDAC to tape out local chiplet tech demonstrator by Q1 FY27
The Centre for Development of Advanced Computing (C-DAC) will unveil a technology demonstrator of an indigenous chiplet by the first quarter of 2026-27, marking a critical milestone in India’s high-performance computing and semiconductor roadmap, said SD Sudarsan, executive director of C-DAC, Bengaluru.
TCS inks pact with C-DAC to develop India's sovereign cloud ecosystem
The collaboration will focus on research to develop indigenous technologies and deliver scalable, AI-enabled cloud platforms that align with India's data localisation mandates and support the digitisation of critical public sector services, the company said in a regulatory filing.
Computing, tech advancement core building block for India to become developed nation: Ashwini Vaishnaw
Union Minister for Electronics and IT Ashwini Vaishnaw emphasized the importance of computing and technological advancement in making India a developed nation by 2047. The minister launched the VEGA-based SoC ASIC and DIR V VEGA processor-based development boards by C-DAC, highlighting their role in education, research, and semiconductor development.
India's quantum computing 'reference facility' expected in 3 years: C-DAC official
India is building a quantum computing center in Bangalore. The facility will be ready in three years. C-DAC is leading the project with government funding. The center will test and improve quantum computing technology. It will connect with India's high-performance computers. This project is part of India's National Quantum Mission.
Avalon Technologies partners with C-DAC for indigenously manufactured HPC servers
Electronics Manufacturing Services (EMS) player Avalon Technologies is now a strategic manufacturing partner for C-DAC. Avalon will assist in manufacturing Rudra HPC servers, India's first natively designed server by C-DAC.
C-DAC to commission India’s fastest HPC-AI Supercomputer ‘PARAM Siddhi – AI’ with NVIDIA
The initiative has been spearheaded by Abhishek Das, Scientist and Program Director (HPC-AI Infrastructure Development) at C-DAC, who conceived the idea and designed the architecture for the largest HPC-AI infrastructure in India.
Atos and C-DAC to work together on quantum computing, AI and exascale computing
C-DAC, which is a part of the Ministry of Electronics and Information Technology, GoI, is already working with Atos on the National Supercomputing Mission.
Government readies AI-muscled cyber security plan
The CDAC Digital Forensic Centre will also undertake research in cyber forensics and allied areas, and help MSMEs undertake commercial activities in cyber security.
C-DAC launches project to digitise Sindhi language
Some of the software developed under the TDIL Programme of MeitY, Govt. of India has also been enhanced.
C-DAC opens a centre to keep born-digital data safe
The first tool under this project, Digitalaya, was launched recently as a part of C-DAC's 30th Foundation Day.
C-DAC plans Rs 350 crore investment in Indian languages computing
C-DAC Director General Rajat Moona said the thrust this year will be on bringing internet to the common man and implementation of the National Supercomputing Mission (NSM).
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