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Chopper deal: Agusta Westland withdraws plea in HC

Italian firm Agusta Westland on Monday withdrew its lawsuit from the Delhi High Court filed against India's decision to encash over Rs 250 crore in bank guarantee following the scrapping of the Rs......

Chopper deal case: NBWs issued against 2 Italians

A special court on Monday issued non-bailable warrants against two Italian nationals who were alleged middlemen in Rs 3,600-crore VVIP chopper deal case after ED said they were required to be......

Fresh talks on with Sikorsky for S-70B Seahawk helicopters

The defence ministry has started fresh cost negotiations with the US firm Sikorsky for purchase of 16 multi-role naval helicopters, Lok Sabha was told on Friday. In a written reply to Lok Sabha,......

What good are submarines without torpedoes

How will the navy's six Scorpenes fight, when their primary weapon -- the Black Shark torpedo -- is blocked by a ministry of defence ban on the company chosen to supply these? This gloomy scenario......

VVIP chopper deal: Ex-IAF Air Marshal quizzed by ED

Enforcement Directorate on Thursday questioned former Indian Air Force Air Marshal Gautam Nayyar in connection with its money laundering probe in the multi-crore AgustaWestland VVIP helicopter......

Vested interests jeopardising AirAsia: Tata Sons

Hours after AirAsia India launched its maiden flight, Tata Sons, a stakeholder in the carrier, accused ‘vested interests, inimical to free and fair competition’ of ‘spreading......

Coal ministry proposes new bid rules to check corruption

Once bitten, twice shy. After the Union comptroller and auditor-general saying there’d been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for......
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Global Maritime Security Market Growth of 7.99% CAGR During Five Year Period - Market Trends & Analysis Report..

DUBLIN , Nov. 27, 2015 /PRNewswire/ -- Research and Markets ( has announced the... ...
Mahipal Yadav Takes Charge as IG

KOCHI: Mahipal Yadav IPS on Monday took charge as the new Inspector General of Police, Kochi Range. Mahipal, who arrived at the office around 11.00... ...
Sonobuoy Market Growing at 6.96% CAGR Driven by Defense to 2020

From the Wires Nov. 19, 2015 09:00 PM PUNE, India , November 20, 2015 /PRNewswire/ -- adds 2015 sonobuoy market... ...
TransDigm Group Incorporated and Breeze-Eastern Corporation Announce Acquisition Agreement

CLEVELAND and WHIPPANY, N.J. , Nov. 19, 2015 /PRNewswire/ -- TransDigm Group Incorporated ("TransDigm") (NYSE: TDG) and Breeze-Eastern Corporation... ...
Cabinet Nod for Stake Sale in Coal India, Cochin Shipyard

A Delhi court has issued revised Letter Rogatory to the Swiss Confederation authorities for collecting evidence in a money-laundering case lodged... ...

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Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
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