While the Army will be getting around 100 light utility helicopters, it is also looking at the option of taking choppers on lease to meet its requirement.
Check out Hero MotoCorp's hottest new bike all set to be launched in India
However, flow of funds, would naturally rest on economic growth, reports Ajai Shukla.
Tata Group is set to become India's first homegrown iPhone maker after Taiwan's Wistron Group agreed to sell a plant in Bengaluru to India's largest conglomerate. Wistron's board approved the sale of Wistron InfoComm Manufacturing (India) Private Ltd to Tata Electronics for $125 million, the Taiwanese electronics manufacturer said in a statement on Friday. The unit operates an iPhone assembly plant near Bengaluru.
'The necessity of a Mountain Strike Corps is well understood. The problem is in implementing the intention.'
This meeting is taking place after a gap of around four months.
China and India have made 'positive progress' to resolve the border standoff, with both sides maintaining close communication through diplomatic and military channels, a senior foreign ministry official said in Beijing on Friday.
The Ministry of Heavy Industries has approved 11 electric vehicle (EV) manufacturers, including Ather Energy, Bajaj Auto, Hero MotoCorp, Ola Electric, and Mahindra, to receive incentives under the recently introduced Electric Mobility Promotion Scheme (EMPS) 2024. "A total of 11 firms have been granted approval under the EMPS, with several more under consideration," informed a senior official of the ministry to Business Standard. The scheme aims to sustain the growth in EV sales, replacing the Faster Adoption and Manufacturing of Electric Vehicles - II (FAME-II) scheme.
Anil Ambani Group firm Reliance Broadcast Network on Wednesday said it has completed its final negotiations with US media conglomerate CBS Corp to form a JV to own and operate TV channels.
Asia Corp Securities Ltds managing director Pratap V Padode resigned
Leh District Magistrate Santosh Sukhadeve posted this photo on his X account thanking the Indian Army's Fire and Fury Corps for successfully destroying 175 landmines in the villages of Phobrang, Yourgo and Lukung in Leh on Thursday, October 12, 2023.
The last word may not have been said on the churnings within the Pakistan army or the extent to which army chief General Asim Munir is in control, notes Rana Banerji, who headed the Pakistan desk at RAW, India's external intelligence agency.
China has reacted cautiously to India's proposal for the establishment of mountain strike corps along the Sino-Indian border, while the official media in Beijing ignored the development.
Shares of Zee Entertainment Enterprises Ltd (ZEEL) tumbled 12 per cent in the mid-session trade on Wednesday amid reports of capital market regulator Sebi has unearthed a financial discrepancy exceeding USD 241 million (nearly Rs 2,000 crore) in the accounts of the company. The stock of the company nosedived 11.58 per cent to Rs 170.65 apiece on the BSE. ZEEL shares plunged 11.39 per cent to Rs 170.70 per piece on the NSE.
The strikes were concentrated in an area in Pakistan's Balochistan where "one of the largest headquarters" of Jaish al-Adl was located, the report said.
The operation happened when a group of four heavily-armed terrorists was noticed sneaking into this side from across the IB in the Khour sector of Akhnoor in the early hours, the officials said.
Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.
The talks are following up the outcome of the 19th round of Corps Commander-level talks held between the two sides on August 13-14 at the Chushul Moldo border meeting point.
China said that "sound and stable ties" serve the common interests of China and India.
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
Microsoft has also approached other big online publishers to persuade them to remove their sites from Google's search engine
India and China held two days of military talks in an "open and constructive manner" for an early and mutually acceptable resolution of the remaining issues along the Line of Actual Control in eastern Ladakh and agreed to maintain peace on the ground.
Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.
But the ISI chief did not retire giving the impression that he has won General Asim Munir's trust, notes Rana Banerji who headed the Pakistan desk at RA&W.
The Adani group is in advanced talks with top sovereign funds based in West Asia to raise up to $2.6 billion for its airport expansion and green hydrogen projects. The group, which expects to close the ongoing financial year ending March with Rs 80,000 crore of Ebitda (earnings before interest, tax, depreciation, and amortisation), has held a series of road shows in London, Dubai, and Singapore with potential investors, briefing them about their future growth plans. The group's flagship, Adani Enterprises, may dilute part of its stake in the airport-holding firm and/or the green hydrogen business to these funds, which are keen to invest in the Indian infrastructure sector, said a source close to the development.
B K Modi-promoted Spice Corp on Friday said it is withdrawing from bidding "for the moment" for Satyam Computer alleging non-transparency, multiple short-listing process and lack of clarity in the selection criteria.
As macroeconomic numbers continue to disappoint, reaching pre-Covid level is unlikely in FY21.
A new entrant, whether a popular actor or not, has not been able to sweep the polls, as their fans had hoped for. Given a proven pattern, it should hold true for Vijay as well. Or, something drastically has to happen between now and 2026, asserts N Sathiya Moorthy.
President Droupadi Murmu on Tuesday conferred Distinguished Service Awards, including 52 Ati Vishisht Seva Medals, on 84 serving and retired personnel of the armed forces and the Indian Coast Guard.
Mazumdar-Shaw left open whether Biocon will go in for a higher stake or will completely take over the company, which is located near Frankfurt and specialises in manufacturing and marketing a unique range of its own patent-free medicines as well as low-cost drugs from Europan Union nations.
Whether Rajeev Chandrasekhar wins or not, Thiruvananthapuram will likely never see such an interesting contest again.
The 75th Republic Day celebrations at Kartavya Path on Friday showcased India's rich cultural diversity, military prowess, and 'Nari Shakti'.
India Hospitality Corp said it would buy the Mumbai-based Mars Restaurant and airline catering company SkyGourmet Catering Private from Navis Capital Partners for $110 million.
'They will continue to keep pricking at places where both of us are sensitive and keep the LAC alive.'
The company is also in the process of introducing a new global brand identity in London next month.
The Army, stated that "in view of conflicting messages on social media regarding financial assistance to the Next of Kin of the deceased, it was important to clarify that emoluments due to the Next of Kin were governed by the relevant terms and conditions of service of the soldier".
The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, announced the termination of the $10 billion merger agreement with ZEEL, while seeking $90 million for breach of conditions besides initiating arbitration.
The key meeting was held in Beijing on March 27, the MEA said in a statement.
'Gujarat is the frontrunner at present.'
'However, Tamil Nadu's robust automobile ecosystem and Telangana's aggressive incentives make them strong contenders.'
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