The ministry has also asked that the cap of such borrowings is to be set at $500 million (Rs 3,450 crore) for a single company and $1 billion (Rs 6,900 crore) for the entire sector.
After rectifying battery glitches, Air India has inducted 6 aircraft so far
Building 6 conventional submarines is one of the Indian Navy's most important weapon construction programmes.
The cancellation of the project has far-reaching implications for the IAF, for which this was once its high-tech future fighter.
The airline would be accepting the bids till November 19.
Group Captain Murli Menon (retd) reveals how India can neutralise the Pakistan air force's combat capabilities without firing a shot.
In a subtle show of strength to China, the Indian Air Force on Tuesday landed its C-130J Super Hercules transport plane at the world's highest and recently-activated Daulat Beg Oldie airstrip in Ladakh near the Line of Actual Control, the scene of a stand-off with Chinese troops in April.
Airline says can't discuss dues publicly, denies grounding of planes
The J-20 fighter is called Beijing's answer to the US F-22 stealth fighter and the F-35 that will be soon deployed in the Pacific by the United States and Japan.
The national carrier's capacity is expected to grow by 9.2 per cent with the addition of six more Boeing 787 Dreamliners to the fleet, they said. As of February this year, the airline has 13 Dreamliners in its fleet out of a total order of 27.
Air Costa, Andhra Pradesh's first regional airline promoted by the LEPL group, will launch its commercial operations from October 14, its Chairman L Ramesh said.
State-run HAL will hand over the first two Tejas aircraft to the IAF on July 1 which will make up the 'Flying Daggers' 45, the name of the first squadron of the LCA which will be based in Bengaluru for the first two years before being moved to Sulur in Tamil Nadu.
The exact figure not known yet but advertisements for recruiting employees would hit print this week.
Commercial aviation is safe because the crew is paid well and trained extensively for contingencies
The MG Motor India management is focused on scaling up and launching smaller cars to play the long game in the country, says Pavan Lall.
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.
The Seventh Fleet's area of responsibility includes the Western Pacific and Indian Ocean and at any given time there are roughly 5070 ships and submarines, 140 aircraft and approximately 20,000 sailors under its command.
Navy chief Adm. Sunil Lanba said that by 2050, India will have 200 ships, 500 aircraft.
With the expected launch of The People's Liberation Army (Navy)'s second aircraft carrier on April 23, China will match India in carrier numbers.
The airline now has a total of 1,120 pilots of whom 88 are foreign pilots.
The IAF chief stressed on the ongoing development of advanced landing ground along the Himalayas.
SpiceJet has cut costs to turnaround the carrier in a year's time.
'An officer had to command the regiment for the Republic Day parade -- and that officer happened to me.' 'It should not be viewed on the basis of gender,' says Captain Preeti Choudhary, the only woman officer to from the Indian Army to be part of a contingent at the Republic Day Parade 2021.
Is the price of one fighter Rs 681 crore? Rs 686 crore? Rs 703 crore? Rs 1,063 crore? Rs 1,225 crore?
It's a bold marketing move for the locally-produced light combat aircraft.
'Under the present Defence Procurement Procedure, it would have been a nightmare, and a long, long one at that, to build 108 Rafales in India. Modi realised this and took the wise decision, though it is a definitive setback for his Make in India scheme.'
Lessors of SpiceJet have in panic taken back some aircraft but if they see fresh investors coming in and taking charge, they are likely to relent and return the planes.
Jet Airways -- which has been flying for 25 years - on Friday described reports that the airline cannot fly beyond 60 days as "incorrect and malicious" as well as denied any talks of stake sale.
Rajesh Alva/Rediff.com reveals the good, bad and ugly of the latest MPV from the Mahindra stable.
Ordering more Akash systems is essential for the Indian defence industry.
Airline now financially more stable but still in the doldrums as the operating environment remains tough.
The defence ministry needs to focus keenly on "Made in India" projects without being distracted by "Make in India" slogans, says Ajai Shukla
'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.
The deal which is worth 7.87-billion (Rs 58,363 crore) comes with a saving of nearly 750 million (Rs 5,611 crore).
Signs of financial stress were visible when the airline reported a loss of Rs 10.40 billion.
'China's moves are of direct significance to India, which will closely monitor Chinese naval activity in the Bay of Bengal and the Indian Ocean not least because of Chinese maps depicting claims over the Andaman and Nicobar Islands.'
'Those 10 years in the IAF has made me what I am today.'
IndiGo is arguably more a financial services company than airline.
India must develop structured multilateralism to its defence buys
The CH-47F version of the Chinook that India is buying from the United States is a high-tech marvel.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances