IAF receives first LCA twin-seater Tejas from HAL

Hindustan Aeronautics Limited on Wednesday handed over the first LCA Tejas twin-seater aircraft to the Indian Air Force. IMAGE: Chief of the Air Staff, Air Chief Marshal VR Chaudhari, receives the......

Top Navy commanders in 3-day meet as China nibbles at IOR

The Indian Navy on Monday unveiled a 15-year plan to boost maritime infrastructure even as Chief of Naval Staff Admiral R Hari Kumar said the force is working with the Army and the IAF to ensure......

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......

Sensex, Nifty hit record highs as HDFC, TCS rise

Equity benchmark indices Sensex and Nifty rebounded sharply to hit record fresh highs on Thursday, propped up by buying in IT, consumer durables and financial stocks amid expectations of a robust......

Profit-booking drags Sensex, Nifty down

Equity benchmark indices Sensex and Nifty settled lower for the second straight session on Wednesday due to profit-booking in select banking and auto stocks amid mixed trends from the global......

It's back to the drawing board for payment banks

RBI's exercise will take into account standards of governance, the viability of the payment bank (PB) business model, and changes, if any, if needed. Illustration: Uttam Ghosh/Rediff.com The......

Tata Motors may drive out of Sensex, Nifty

Tata Motors is likely to exit the S&P BSE Sensex and the Nifty50 indices once the demerger process of its commercial vehicle (CV) and passenger vehicle (PV) businesses is complete, analysts at......

NBA Wrap: Curry adds silverware; RF Jnr returns for 10th straight year

IMAGE: Steph Curry added another piece of silverware to his cabinet. Photograph: Kelley L Cox-USA TODAY Sports via Reuters Steph Curry had a disappointing season with the NBA's Golden State......

SA T20 Auctions: IPL teams spend big, Stubbs biggest buy

IMAGE: With a salary cap of R 34 million (US$1.9 million approx, INR 15 crore) per team, robust bidding was witnessed with Tristan Stubbs, who plays for Mumbai Indians in the IPL, being the most......