The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd). IMAGE: The Indian Army's battle......
Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......
These next generation ships can patrol the oceans for three or four months compared to the navy's current patrol boats, which can be at sea for a maximum of 45 days.Ajai Shukla reports. IMAGE: The......
The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function......
Billionaire investor Rakesh Jhunjhunwala is likely to pick up stake in Nikhil Gandhi-promoted Pipavav Defence and Offshore Engineering Company Ltd (Pipavav Shipyard) through convertible share......
Anil said the company is in the process of signing a contract with the Indian Coast Guard for the first defence order for 14 fast patrol vessels Reliance Defence and Engineering is also looking to......
Benchmark shares indices rebounded from their day's lows to finally gain for the seventh straight session led by metals and select IT majors. The 30-share Sensex ended up 142 points at 29,462 and......
With the Indian economy slowing down, top companies are now eyeing the 'recession-proof' defence sector to prop up their top line. Indian companies like Larsen and Toubro, Reliance Industries Ltd......
For a change, government-owned companies are doing better than their private sector counterparts. In an otherwise bleak operating environment for shipbuilders, state-owned shipyards such as Mazagon......