India aims for defence hardware production, not assembly workshop: Rajnath

Defence Minister Rajnath Singh on Monday conveyed to the top honchos of Indian and global aerospace majors that India does not want to remain an "assembly workshop" for military platforms and......

Arms dealer Bhandari sues French firm for unpaid cut in Indian deal

Sanjay Bhandari, an accused arms dealer wanted in India on money laundering and tax evasion charges, is pursuing a separate legal battle of his own in France over an alleged unpaid cut from a large......

What is IAF spending $329 million on?

A five-year contract to provide comprehensive maintenance support for India's fleet of 12 C-130J Super Hercules tactical airlifter aircraft.Ajai Shukla reports. IMAGE: The C-130J Super Hercules......

Gupta family was 'ensconced' in state capture: SA President Ramaphosa

South African President Cyril Ramaphosa has conceded for the first time that divisions within the ruling African National Congress prevented appropriate action against the influential Gupta family......

TCS bags electronic passport mandate from MEA

While the government will source the hardware chips, TCS will be responsible for their encoding. Illustration: Dominic Xavier/Rediff.com Tata Consultancy Services (TCS) has bagged -- from the......

Tata group may need to invest $1 billion to upgrade Air India fleet

The Tata group may have to deploy upwards of $1 billion to improve the airline’s passenger reservation system, upgrade and refurbish Air India’s fleet, primarily the wide-body aircraft......

Axis Bank launches contactless wearable payment devices

Private sector lender Axis Bank on Wednesday launched the country's first contactless wearable payment devices to allow customers make on-the-go transactions more conveniently. Announcing the......

Reliance Infra will be debt-free in FY21: Anil Ambani

RInfra, which is sitting on a debt of over Rs 6,000 crore, has been working towards monetising its assets to reduce debt. Reliance Infrastructure chairman Anil Ambani on Tuesday said the......