In a fresh bid to break the Bofors jinx, Defence Minister Manohar Parrikar on Saturday cleared proposal to acquire 814 artillery guns for Rs 15,750 crore.
Delivery of a great operational machine must not get affected to settle political scores, says Air Marshal Anil Chopra (retd).
This is the second extension for the bids since June 18.
Suspense continued on Tuesday over whether the issue of Rafale fighter deal, which has been stuck over cost, will figure in talks that Prime Minister Narendra Modi will have with French President Francois Hollande during his visit beginning on Thursday.
PFRDA will invite bids to appoint pension fund managers.
The auctions were supposed to be held in the October-December quarter but the industry is yet to get a confirmation on the date
'It is hard to justify $225 million a plane for an increasingly obsolete mission.' The purchase of the 36 Rafales has changed little for the IAF.
Sanjay Jalona, CEO & MD of LTI says the push would be to increase digital business and look at outcomes in projects for customers.
The government has cleared the lone bid of Airbus-TATA consortium for replacing Indian Air Force's fleet of ageing Avro transport aircraft for Rs 11,930 crore besides approving Russia's offer to build Kamov Ka-226T helicopters under 'Make in India' initiative.
'India placed the order, primarily due to the IAF's 'critical operational necessity'.' 'The complexity of the IAF's requirements delayed the process for months.' 'It is these requirements which cannot be made public.' 'Can you image Indian politicians publicly discussing the pros and the cons of such military equipment?' 'It would provide India's enemies with indications about the IAF's tactical plans in case of a conflict.' 'It is crucial that they should remain secret to protect India's defence preparedness,' explains Claude Arpi.
Defence Minister Manohar Parrikar says global aircraft makers will have to get approval from their own governments to transfer technology and build jets in India.
Most of the projects face hurdles such as delay in approvals and lack of coordination between state governments and the railways.
The attorney general admitted that there is no sovereign guarantee, but asserted that there is a letter of comfort by France which would be as good as a governmental guarantee.
Defence projects worth a whopping Rs 80,000 crore were on Saturday cleared by the government which decided that six submarines will be made indigenously and over 8,000 Israeli anti-tank guided missiles and 12 upgraded Dornier surveillance aircraft will be purchased.
Production in India would be open for companies other than HAL
A consortium of three US-based firms - AECOM, KPMG and IBM - was given the task of developing the master plan.
Indian Railways plans Rs 39,000 crores non-fare revenue. Via: Branding of trains. Vinyl-wrapping of Rajdhanis, Shatabdis and Garib Raths. Moving billboards.
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
Soldiers fighting the enemy will receive state-of-the-art assault rifles, other soldiers will get 'Make in India' rifles.
SpiceJet has cut costs to turnaround the carrier in a year's time.
With their balance sheets under stress, private companies have lost interest in them.
Dual methodology for e-auction to introduce price ceiling for power sector
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
An IAF "request for information" floated on the MoD website invites Indian companies to submit preliminary bids to supply the IAF with 106 PC-7 Mk II trainers. Ajai Shukla reports
While the Rafale deal seems to be the main order of business during French President Francois Hollande's visit, other aspects could help sweeten the deal, says Claude Arpi.
With the Rafale fighter deal stuck over price negotiations, can the prime minister step in and find a way out for both countries?
'Narendra Modi knows how to calculate and remain pragmatic. Take the unexpected Rafale deal - perhaps the first time a PM has considered the country's defence procurement as a priority, over the considerations of the babus... and over his own pet project 'Make in India',' says Claude Arpi.
Jaitley's team presents a quintessential mix of foreign-educated, intellectual technocrats and seasoned bureaucrats
'The cost of the Rafale contract will be substantially lower than being talked about.' 'If you throw away the price they demand, our coffers will soon become empty.' 'When it comes to spending the nation's money I am very careful and stingy.'