The collaboration will work on a profit sharing model and entail licensing of manufacturing know-how of products by DRL, local manufacturing of products in Russia, co-development of high technology products and knowledge sharing between both parties at regular intervals.
For existing technologies, unless appropriate financing is available, deployment at scale is difficult.
Gandhi's remarks came after the Supreme Court gave clean chit to the Modi government on the purchase of 36 fully-loaded Rafale fighter jets from French company Dassault Aviation.
Without naming the Prime Minister or using his 'andolanjivi' phrase, Tikait said, "In Parliament, they are saying these are parjivis (parasites). Was Bhagat Singh who sacrificed his life for this nation a parjivi? What about 150 farmers who died during this agitation? Were they parjivis too? Had they gone to Delhi to agitate and die?"
Interoperability with other insurance companies - apart from banks, medical centres, among others - would be the eventual goal
'Even if Serum Institute and Bharat Biotech were successful in ramping up production overnight, what happens to the capacity after the demand from India is met?' asks Sanjeev Nayyar.
Swedish defence major Saab has unveiled its next generation fighter aircraft, Gripen E, which the company said is being offered to the country under the 'Make in India' initiative with transfer of technology.
Narayanan said he suspected that vested interests were behind the 1994 case to deliberately delay India's cryogenic engine technology by at least 15 years.
Swedish defence major Saab has offered to manufacture its fifth generation Gripen fighter aircraft in New Delhi with technology transfer to India.
Future, even present, wars -- at least those involving such tech giants as China -- include hi-tech battlefields, which a Pakistan-obsessed India has not sufficiently prioritised. Today's generals plan on how to disrupt an enemy city's power supplies, rail networks, airports, ports, and government departments, not just by bombing or torpedoing them; they also examine the option of tripping up the computer networks that run these, notes David Devadas.
Ahmedabad-based crypto firm Kali Digital Ecosystems' plea against the ban will be heard on July 20.
Given the urgency, the Indian Navy is buying 24 MH-60R Seahawks in flyaway condition, and plans to build another 99 in India through the strategic partnership route.
Many of India's fintech entities and banks have stored all their customer data in India; however, many do use foreign servers, for operations, providing services and for data analytics.
Top HAL sources say the AMCA, which is being developed as the IAF's next-generation stealth fighter, is slated to be assembled at HAL Nashik.
Telecom operators, including Reliance Jio, have been demanding "same service same rules" regime which means that mobile applications providing calls and messaging services should also be made to comply with set of rules that are mandatory for mobile service providers.
The company raised $145 million (about Rs 1,000 crore) recently from investors. The portal, which has 15 million unique customers and 32 million visits per month, is already a market leader. Sohini Das reports from Ahmedabad.
The Times Higher Education World University rankings lists the top 800 universities in the world.
Retirement fund body EPFO will provide permanent or universal account numbers on the pattern of core banking services to its over 5 crore active subscribers.
Finance Minister Nirmala Sitharaman on Monday assured the industry that momentum of economic reforms will continue to make India a hotspot of global investment. India has turned the crisis created by COVID-19 pandemic into an opportunity to push the economic reforms, which remained pending for decades, she said while addressing the National MNC's Conference 2020 organised by industry chamber CII.
New offerings by banks are changing the way you transact.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Come 19th September and get ready to be swoon at the Frankfurt Auto Show with the series of line-up planned by BMW.
Russian Helicopters has scored another billion dollar home run by winning the Indian Navy's tender for 111 'naval utility helicopters'.
PM Modi proposed a USD one billion line of credit to promote projects that support physical and digital connectivity between India and ASEAN.
A three-judge bench presided by Chief Justice Ranjan Gogoi and comprising of Justice Sanjay Kishan Kaul and K M Joseph said that it was not their job to go into the issue of pricing of the fighter planes.
'With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.'
India needs to follow countries such as Singapore who have and are further bolstering their cyber security apparatus.
Several experts also blame Abdul Qadeer Khan, the father of Pakistan's nuclear bomb, for selling technology for personal gain.
Technology giant Microsoft is in talks with TikTok's parent company ByteDance to buy its US operation.
Market players said the new norms were more suited for online brokers, where clients were typically internet savvy.
Walt Disney staff were reportedly replaced with Indians holding H-1B.
The race to get a New Umbrella Entity (NUE) licence for digital payments may get crowded. As many as six consortiums are said to be in the fray to apply for an NUE licence, which would create a for-profit National Payments Corporation of India (NPCI)-like body for retail payments. A consortium led by Financial Software and Systems (FSS), a leading provider of payment products and payment processor, is in talks and may file an application to the RBI for an NUE license, said sources aware of the development. The other constituents of this group include Indian Bank, Central Bank of India, India Post Payments Bank, National Bank for Agriculture and Rural Development (Nabard), and a few small finance banks.
Investors must withdraw funds, open a new trading account and transfer assets.
The government's annual Economic Survey on Friday strongly defended new farm laws, saying they herald a new era of market freedom which can go a long way in improving lives of small and marginal farmers in India. These legislations were designed "primarily" for the benefit of "small and marginal farmers", which constitute around 85 per cent of the total number of farmers and are the biggest sufferer of the "regressive" APMC-regulated market regime, the survey said. The pre-budget document defended the farm laws in the backdrop of long-running farmers' agitation at various borders of the national capital seeking repeal of these legislations expressing concern that they are pro-corporate and could weaken government regulated mandis, also called Agriculture Produce Marketing Committees (APMCs).
An international team, led by Monash University, has pioneered the innovation which is known as optical Orthogonal Frequency-Division Multiplexing, or oOFDM.
With the mobile value added services market pegged at around $45 billion, the latest trend is 3G spectrum which is expected to create a paradigm shift in the VAS market in India.
With passage of the nuclear liability Bill, the heavy engineering supply chain, led by Bharat Heavy Electricals Ltd (BHEL), Larsen & Toubro (L&T) and Bharat Forge Ltd (BFL), is gearing to take up the challenge ahead.
Gen Rawat said the world looks at India as a country that can balance the rise of China in the region as it was showing its 'assertiveness'.
With the widespread use of new technologies, inter-connectedness and dependency, newer risks, threats and vulnerabilities have emerged.
The powerful AESA radar lends an edge to the F-18 by increasing its air-to-air detection and tracking range, apart from enhancing its air to ground targeting capabilities. The cutting-edge AESA radar technology has been allowed by the US to be transferred only to Australia till now.
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