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India, Russia sign Rs 2,600 cr deal for anti-tank ammo

India has signed a deal worth over Rs 2,600 crore with Russia to procure 66,000 anti-tank shells to meet the shortfall of critical ammunition faced by its armoured fleet, including the latest T-90......

After much heartburn, 'INS Vikramaditya' inducted into Navy

The long-delayed and much-awaited $2.3 billion aircraft carrier INS Vikramaditya was on Saturday inducted into the Indian Navy in Severodvinsk, Russia, in a strategic boost to India's maritime......

'India unlikely to fine Russia over Vikramaditya delivery'

India is unlikely to slap a fine on Russia for the delay in the delivery of aircraft carrier Admiral Gorshkov caused by engine problems, an official with Russia's state-run arms exporter has said.......

OFB signs deal to produce Russian rockets in India

India and Russia have signed an agreement for producing the 80 km-range Smerch rockets at ordnance factories in India. "The Ordnance Factory Board signed an MoU for a joint venture with Russian......

Induct BrahMos in your naval fleet, India to Russia

India on Tuesday asked Russia to start inducting the 290-km range BrahMos supersonic cruise missiles in its naval fleet to further strengthen the joint venture between the two countries. The two......

Praful Patel questions barring PSUs from mega IAF tender

Upset over IAF's decision to bar PSUs like HAL from participating in a mega tender, Union Heavy Industries Minister Praful Patel has questioned why state-run units were being kept out and demanded......

Friend turns 'foe' in tank battle simulator deal

The deeply traditional Indian Army, which prides itself on training outdoors with real equipment, could soon start training on simulators like other high-tech armies.A hypothetical situation, not......

Tax relief for defence, oil imports

The taxation of payments by Indian companies for importing defence material and oil and gas equipment from various countries like Russia, Ireland, Greece and Georgia will now become easier......
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Call for PSU tag with 50% stake

New Delhi, Feb. 1: The government has quietly circulated a note, which seeks to change the companies act to redefine public sector companies as... ...

http://www.telegraphindia.com/1150202/jsp/business/story_11115.jsp
Government invites Japan to join Rs 50,000 crore submarine project

Make in India: India invites Japan to join Rs 50,000 crore submarine project New Delhi: India is looking to make the most of the situation after... ...

http://www.indiatvnews.com/business/india/-india-invites-japan-to-join-rs-50000-crore-submarine-project-17058.html
Brahmos integration with Sukhoi by March

India will integrate the air version of Brahmos supersonic cruise missile with Sukhoi fighters of the Indian Air Force (IAF) by March, an official... ...

http://www.mumbainews.net/index.php/sid/229763459
02 PM Iran, Russia Sign Military Cooperation Pact, No Mention of S-300 Delivery Iran and Russia signed a defense and military cooperation agreement today but left out the contentious issue of S-300...

Iran and Russia signed a defense and military cooperation agreement today but left out the contentious issue of S-300 missile delivery to Tehran.... ...

http://www.defenseworld.net/news/11958/Iran__Russia_Sign_Military_Cooperation_Pact__No_Mention_of_S_300_Delivery
TO REEL IN FDI, RBI EASES FAIR VALUE BUYOUT NORM

NEW DELHI: The Reserve Bank of India (RBI) has for the Tata Group relaxed a longstanding rule that bars local companies from paying more than the... ...

http://www.ipanewspack.com/newstoday/to-reel-in-fdi-rbi-eases-fair-value-buyout-norm/

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