The approval to the proposals come amid increasing hostilities by Pakistan along the Line of Control in Jammu and Kashmir as well as China's aggressive posturing in several sectors along the nearly 4,000-km-long Sino-India border.
The long-pending proposals were cleared at a meeting of the Defence Acquisition Council (DAC), the defence ministry's highest decision making body on procurement.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The officials said they would need around Rs 4,500 crore to buy nearly 12 lakh additional electronic voting machines and an equal number voter-verifiable paper audit trail machines.
The meeting was about capex, and as the country is on the growth path, the companies were advised to increase capex, NLC India Chairman and Managing Director S K Acharya said after the meeting.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
PSU stocks continued with their reign of gains as the market expects that most of these companies have done well in the just concluded quarter.
He also lamented that EVMs are being used as a 'football' and some sections are doing a 'motivated slugfest' over their use.
To clear doubts over EVMs, Chief Election Commissioner Nasim Zaidi will soon call all-party meet.
Expected to offer Gripen NG fighter aircraft or a possible joint collaboration in manufacturing single engine light combat planes.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The Election Commission has placed orders estimated at more than Rs 300 crore with Electronics Corporation of India Ltd and Bharat Electronics Ltd to deliver Electronic Voting Machines for the Lok Sabha elections.
ISRO has an opportunity to be the one-stop shop for satellite manufacturing, and Alpha Design is just the booster it needed.
A total of 180 NSE-listed companies have not appointed a woman director.
The Indian Army, placing traditional weapons above high-technology, says that equipping the army's 800-plus combat units with a Battlefield Management System would cost an unaffordable Rs 500 billion to Rs 600 billion, reveals Ajai Shukla.
The missile system can target aircraft up to 30 km away, at altitudes up to 18,000 metres. It has the capability to neutralise aerial targets like fighter jets, cruise missiles and air-to-surface missiles.
The corridor is expected to attract around Rs 1,250 billion investment and create 4,00,000 jobs. It will start from Mysore, pass through Bengaluru in Karnataka, to connect with Chennai, Coimbatore, Salem and Tiruchy in Tamil Nadu.
Addressing a press conference in London via Skype, the man, identified as Syed Shuja, said the BJP would have won Rajasthan, Chhattisgarh and Madhya Pradesh elections if his team hadn't intercepted the BJP attempts to hack the transmissions in these states.
There is a lot of optimism as regards the defence, railway and manufacturing sectors.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The government has already withdrawn the RFP for heavy weight torpedoes for Socrpene submarines which was won by WASS, a Finmeccanica subsidiary, during the United Progressive Alliance regime. The government is now working out the alternatives.
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The Finance Ministry has filed the offer document with market regulator Securities and Exchange Board of India for the Central Public Sector Enterprises ETF, which could fetch the exchequer about Rs 3,000 crore (Rs 30 billion).
'Although the Election Commission remains convinced about the EVM's integrity, as a fair umpire of the game it was necessary to travel the last mile to convince political players that the entire process was not only fair but transparently so.' A fascinating excerpt from former Chief Election Commissioner Navin Chawla's new book, Excerpted from Every Vote Counts: The Story Of India's Elections.
A bonus is given to existing stockholders in proportion to the number of shares they already hold.
With no payments coming in, HAL for the first time ever taken a bank loan of Rs 7.81 billion.
With cruise missile and air strikes being India's most likely response to a hypothetical Pakistani terrorist outrage in the future, retaliation from the Pakistan air force is inevitable. That is where the S-400 will come into play, says Ajai Shukla.
INS Sindhukirti's refit took so long that many defence experts believed the vessel would never return to operational service.
The group said Dassault choose Reliance Defence Ltd to meet its 'offset' or export obligation in the contract and the Ministry of Defence has no role in the selection of Indian partners by the foreign vendors.
Real test of the rally in this segment will be the upcoming result season.
Known for stable returns, near debt-free status and dividend track record, these 10 PSU stocks are worth buying now.
The poll panel said it did not receive specific complaints or concrete material from political parties and candidates about alleged tampering of EVMs during recently held election process.
The CAG said the strategic missile system, which were to be deployed on the China border, procured from the state-run Bharat Electronics Ltd were deficient in quality.
Ahead of Prime Minister Narendra Modi's visit to Russia, defence ministry's top acquisition council on Thursday cleared the purchase of an estimated Rs 40,000 crore Russian S-400 Triumf air defence missile systems, besides giving the go-ahead to other projects worth over Rs 25,000 crore.
'An ASW corvette without towed array sonar and an ASW helicopter is nothing more than a feeble joke,' says a retired navy commodore.
The successful test firing of medium range surface-to-air missiles is welcome news for the IAF.
