Navy's proposal for 2nd indigenous aircraft carrier gets govt nod

The government is set to positively consider the Indian Navy's proposal for the construction of a second aircraft carrier at a cost of around Rs 40,000 crore, in a major move that comes against the......

MoD signs Rs 19,600 cr deal for 17 India-made next-gen patrol, missile ships

In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol......

Light combat jets land on INS Vikrant for 1st time

A prototype of the Naval variant of the indigenously developed Light Combat Aircraft (LCA) on Monday undertook its maiden landing on board aircraft carrier INS Vikrant, in a feat described by the......

Vikrant: 'Multiple Celebration Of India'

In a record time of 13 years, the Indigenous Aircraft Carrier Vikrant is now ready for formal induction into the Indian Navy. IMAGE: The Indigenous Aircraft Carrier Vikrant during sea trials.......

Air India sale to boost privatisation: Survey

Air India sale will give a boost to India's privatisation drive, the Economic Survey said on Monday, as it suggested redefining the public sector role in business enterprises to encourage private......

Govt gets Rs 413 cr as dividend from 5 CPSEs

The government has received Rs 413 crore as dividend tranches from five CPSEs, including NLC and NALCO. Illustration: Uttam Ghosh/Rediff.com "Government has received Rs 78 crore and Rs 165 crore......

A peek into Cochin Shipyard's mega future plans

That includes the building of an anti-submarine warfare Corvette and an aircraft carrier for the navy. Cochin Shipyard, largest ship building and repairing facility in the country, expects to put......

Kerala floods: Businesses stare at a loss of over Rs 20,000 crore

Kerala floods take a toll on small businesses, NBFCs brace for losses The floods in Kerala have hit small businesses in the state, mainly in the retail, agriculture, plantation and tourism......