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CCS Okays Induction Of 156 Indigenous Combat Copters

The New Indian Express Bengaluru

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March 29, 2025

The Ministry of Defence on Friday signed two contracts with Hindustan Aeronautics Limited (HAL) for the supply of 156 Light Combat Helicopters (LCH), Prachand, along with training and other associated equipment, worth 62,700 crore, excluding taxes.

- MAYANK SINGH @ New Delhi

The contract for the lease of the first Flight Refuelling Aircraft (FRA) was also firmed up. While the first contract is for supply of 66 LCHs to the Indian Air Force (IAF), the second is for procurement of 90 LCHs to the Indian Army.

"The supply of these helicopters shall commence from the third year and will be spread over the next five years. The contracts will enhance the Armed Forces' combat capability at high altitudes," the Ministry said in a statement.

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Gold rally lifts forex reserves by $4.5 billion

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Ease of travel: Civil aviation ministry firms up winter schedule of all airlines

THE Ministry of Civil Aviation on Friday announced the winter schedule of all scheduled domestic airlines that will come into effect from October 26. A total of 26,495 flight departures per week across 126 airports in the country have been approved by the ministry.

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Yeast can survive Martian environment: IISc

YEAST, an indispensable ingredient in making bread, beer, and biotech products, has the resilience to withstand harsh conditions found in the Martian environment, a new study by researchers from the Department of Biochemistry, Indian Institute of Science (IISc), and collaborators at the Physical Research Laboratory (PRL), Ahmedabad, have found.

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Radhakishan Damani invests ₹90 cr in Lenskart ahead of public offer

BILLIONAIRE investor and the founder of Avenue Supermarts (DMart) Radhakishan Damanihas invested around Rs 90 crore in eyewear retailer Lenskart Solutions in a pre-IPO (initial public offering) funding round, according to sources aware of the development.

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SBI Life profit falls 6.6% despite rise in premium income

SBI Life Insurance on Friday reported a 6.6% year-on-year fall in net income to ₹494.6 crore in the September quarter, despite the largest private sector life insurer saw its premium income growing by 22.6%.

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