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French defence firm pulls out of India's P-75I submarine project

French company Naval Group on Tuesday said it is unable to participate in Centre's P-75I project, under which six conventional submarines are to be domestically built for the Indian Navy, due to......

Navy's new submarines will cost $1 bn each

Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.Ajai Shukla reports.   Kickstarting one of the Indian Navy's most important weapon......

Govt clears mega naval plan to build 6 submarines for Rs 43,000 crore

The Defence Ministry on Friday cleared a mega project to domestically build six conventional submarines for the Indian Navy at a cost of around Rs 43,000 crore, in a major decision aimed at......

Corporates relax as campaigning ends in Chhattisgarh

The high-pitched election speeches skipped corporate issues, unlike during the assembly polls about four months ago.R Krishna Das reports. IMAGE: A bride shows her inked finger at Rajnandgaon in......

Daewoo plans India comeback in new avatar, to launch electronics, EV

Posco Daewoo, the South Korean conglomerate whose Cielo sedan and Matiz hatchback were once the pride of Indian car owners, is looking to re-enter India. Photograph: Hannah McKay/Reuters And its......

Ratan Tata: A Corporate Titan Like None Other

Ratan Tata was one of the world's most influential industrialists yet he never appeared on any list of billionaires. Photograph: ANI Photo He controlled over 30 companies that operated in over......

Made-in-Jamshedpur Daewoo trucks!

Daewoo trucks made in Jamshedpur! Although it may sound incredible today, Tata Motors could soon add a line in Jamshedpur for manufacturing two Daewoo truck models at its Jamshedpur plant.This was......

Daewoo referred to SFIO

Troubled car maker Daewoo Motors India has been referred to the newly set up Serious Frauds Investigation Office due to financial mismanagement involving about Rs 1,000 crore (Rs 10 billion).Daewoo......

Haier India acquires Daewoo Anchor

As a part of its localisation strategy, the $13.9 billion Chinese consumer durables major, Haier's Indian operations on Friday announced the acquisition of Daewoo Anchor Electronics in India.......

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