News for 'arms manufacturing'

Can India Be A Developed Nation By 2047?

Can India Be A Developed Nation By 2047?

Rediff.com6 Jan 2024

One hopes in his next term, Narendra Modi will take up the mission of inculcating respect for following rules in Indians as a mission. Therein lies the chance for India to become a developed country, asserts Colonel Anil A Athale (retd).

Vedanta to invest up to $20 bn in chip business

Vedanta to invest up to $20 bn in chip business

Rediff.com18 Feb 2022

Indian conglomerate Vedanta has earmarked $15 billion for foray into the electronic chip and display manufacturing space, and plans to scale up the investment to as much as $20 billion, a senior company official said. Vedanta's group firm Avanstrate, which will spearhead the semiconductor business, expects to roll out electronic chips and displays from Indian manufacturing plants by 2025, the official of the group's semiconductor arm said on Friday. "Semiconductor is a long-term business. We are looking at about $10 billion on display.

India to deploy Pralay missiles along China border

India to deploy Pralay missiles along China border

Rediff.com25 Dec 2022

At present, the Pralay ballistic missiles can take out targets from 150 to 500 km and are extremely difficult to intercept for the enemy through interceptor missiles.

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

Wipro bets on Capco, Cloud, artificial intelligence to power BFSI revenue

Rediff.com4 Sep 2023

Wipro is betting on artificial intelligence (AI) and Cloud computing to earn more from its biggest contributor - the banking, financial services & insurance (BFSI) sector - which brought in 35 per cent of the revenue in FY23. The Bengaluru-headquartered firm also expects its consultancy arm Capco to aid in its vision. "Over the past few years, we have made significant investments in the BFSI sector and have improved our talent, capabilities, and processes in this space - both through organic investments and with the addition of Capco," Suzanne Dann, Wipro's chief executive officer for Americas 2 said.

M&M may set up aircraft financing arm in Australia

M&M may set up aircraft financing arm in Australia

Rediff.com29 Jun 2010

Mahindra & Mahindra, the diversified business group with significant interest in automotive and information technology, is looking at setting up an aircraft financing arm in Australia

Poll violence in Bengal claims two lives, 371 injured

Poll violence in Bengal claims two lives, 371 injured

Rediff.com14 Apr 2014

Poll violence has so far claimed two lives in West Bengal and left 371 persons injured in 398 incidents, the Election Commission said on Monday.

Has arms dealer Sanjay Bhandari fled to London?

Has arms dealer Sanjay Bhandari fled to London?

Rediff.com22 Dec 2016

Arms dealer Sanjay Bhandari, who is under the scanner of multiple investigating agencies, may have fled the country, a media report claimed on Thursday.

India Rekindles Love Affair With Russia

India Rekindles Love Affair With Russia

Rediff.com6 Jan 2024

EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.

How India's military strength grew in 2022

How India's military strength grew in 2022

Rediff.com1 Jan 2023

The Indian troops guarding the nearly 3,500-km Line of Actual Control (LAC) maintained an assertive approach in sync with the broader national security doctrine and procured a variety of military platforms and weapons to enhance their combat capabilities.

Moscow says Ukrainian strike in Donetsk kills 63 Russian soldiers

Moscow says Ukrainian strike in Donetsk kills 63 Russian soldiers

Rediff.com2 Jan 2023

The Russian defence ministry said that Ukrainian forces hit six rockets of HIMARS at the temporary deployment point of one of the units of Russian armed forces in Makiivka region of Donetsk.

Animal Review: Ruthless Ranbir Goes For The Kill

Animal Review: Ruthless Ranbir Goes For The Kill

Rediff.com1 Dec 2023

Animal's violence isn't for the fainted-hearted unless you have an appetite for Korean style mayhem, like Sukanya Verma.

A Quick Lesson in Avionics For Modiji

A Quick Lesson in Avionics For Modiji

Rediff.com31 Oct 2022

Prime Minister Narendra Damodardas Modi laid the foundation stone in Vadodara on Sunday, October 30, 2022, for a facility to produce C-295 military transport aircraft.

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

Reliance makes open offer to acquire 26% stake in Lotus Chocolate

Rediff.com6 Jan 2023

Two Reliance group firms - Reliance Consumer Products Ltd (RCPL) and Reliance Retail Ventures Ltd (RRVL) - have announced an open offer to acquire a 26 per cent additional stake in Lotus Chocolate. The firms will together acquire 33.38 lakh shares of Lotus Chocolate from the open market at a fixed price of Rs 115.50 per share, said a notice by DAM Capital, which is managing the offer. The offer will aggregate to a total consideration of Rs 38.56 crore over the full acceptance, said an open offer-detailed public statement shared by the company with stock exchanges on Thursday.

Smoke Spiraling From Manipur Not Visible In Delhi?

Smoke Spiraling From Manipur Not Visible In Delhi?

Rediff.com11 Jul 2023

There is the problem of regions in the North East being theatre for power-play by nations with borders and influences converging in those parts, which in turn requires a sizable presence of the armed forces, notes Shyam G Menon.

ED issues notice to Xiaomi for forex 'violations' to tune of Rs 5,551 cr

ED issues notice to Xiaomi for forex 'violations' to tune of Rs 5,551 cr

Rediff.com9 Jun 2023

The Enforcement Directorate (ED) on Friday said it has issued show-cause notices to the Indian arm of Chinese mobile phone manufacturer Xiaomi, its chief financial officer and director Sameer B Rao, former managing director Manu Kumar Jain and three foreign banks for alleged violations of the foreign exchange law to the tune of more than Rs 5,551 crore.

PIX: India thrash England to maintain unbeaten run

PIX: India thrash England to maintain unbeaten run

Rediff.com29 Oct 2023

Images from the ICC World Cup match between India and England in Lucknow on Sunday.

BJP demands SIT probe in Bofors case

BJP demands SIT probe in Bofors case

Rediff.com3 Jan 2011

As an income tax tribunal on Monday said Rs 41 crore as commission were paid to late Win Chaddha, an agent of the Swedish arms manufacturer Bofors, and Italian businessman Ottavio Quattrochchi in the gun deal, the Bharatiya Janata Party on Monday condemned Congress President Sonia Gandhi's plan to fight graft and demanded a Special Investigative Team to look afresh at the whole issue saying there should be no cover-up.

World Cup PIX: India remain unbeaten with 160-run win over Netherlands

World Cup PIX: India remain unbeaten with 160-run win over Netherlands

Rediff.com12 Nov 2023

Images from the ICC World Cup match between India and the Netherlands, at the M Chinnaswamy stadium in Bengaluru, on Sunday.

Defence budget hiked by Rs 69,000 cr to Rs 5.94 lakh crore

Defence budget hiked by Rs 69,000 cr to Rs 5.94 lakh crore

Rediff.com1 Feb 2023

The defence budget was increased to Rs 5.94 lakh crore for 2023-24, up from last year's allocation of Rs 5.25 lakh crore.

India's defence export at all-time high, ten-fold jump in 6 yrs

India's defence export at all-time high, ten-fold jump in 6 yrs

Rediff.com1 Apr 2023

The key platforms that India has been exporting are Dornier-228 aircraft, 155 mm Advanced Towed Artillery Guns (ATAGs), Brahmos missiles, Akash missile system, radars, mine protected vehicles, armoured vehicles, Pinaka rockets and launchers, ammunition, thermal imagers and various components of avionics and small arms.

Revealed: Quattrocchi, Chadda bribed in Bofors deal

Revealed: Quattrocchi, Chadda bribed in Bofors deal

Rediff.com3 Jan 2011

The Bofors ghost returned to haunt the Congress party with an income tax tribunal saying that kickbacks of Rs 41 crore were paid to late Win Chaddha, an agent of the Swedish arms manufacturer and Italian businessman Ottavio Quattrocchi in the Howitzer gun deal and that they are liable to pay tax in India on such income.

Will Tata Steel's global stride with new deal aid profitability?

Will Tata Steel's global stride with new deal aid profitability?

Rediff.com21 Nov 2023

It was August 2007. Tata Steel was turning 100. Jamshedpur, its hometown, had an air of celebration. The line-up for the special event included the launch of Air Deccan's commercial flight connecting Kolkata and Jamshedpur, and release of Russi Lala's new book, Romance of Tata Steel. There was also the screening of The Spirit of Steel, a 20-minute documentary directed by Zafar Hai showcasing Tata Steel's legacy, and a corporate anthem penned by Javed Akhtar and composed by Shankar, Ehsaan and Loy.

Centre clears mega purchase of weapons for armed forces

Centre clears mega purchase of weapons for armed forces

Rediff.com13 Feb 2018

The long-pending proposals were cleared at a meeting of the Defence Acquisition Council (DAC), the defence ministry's highest decision making body on procurement.

Honda arm to set up second India unit

Honda arm to set up second India unit

Rediff.com7 Dec 2006

Honda Siel Cars India is seriously considering Tamil Nadu and three other states for setting up its second India manufacturing facility, which will be producing small cars.

India 'possibly' won't import any defence items going forward: MoD official

India 'possibly' won't import any defence items going forward: MoD official

Rediff.com30 Mar 2022

In the last four months, the Centre has been reviewing all the "Buy-Global" cases that are in the contracting phase right now, Jaju said.

Govt to sell 15-20% stake in Railway arm

Govt to sell 15-20% stake in Railway arm

Rediff.com8 Sep 2020

The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent.

India to buy military equipment worth Rs 7,965 crore

India to buy military equipment worth Rs 7,965 crore

Rediff.com2 Nov 2021

The Defence Ministry on Tuesday approved the procurement of arms and military equipment worth Rs 7,965-crore, including 12 light utility helicopters from Hindustan Aeronautics Limited, according to an official statement.

Bond aims to boost Arjun Tendulkar's pace

Bond aims to boost Arjun Tendulkar's pace

Rediff.com26 Apr 2023

Bond has said he will be working on increasing the pace of Arjun Tendulkar

Govt issues alert against new ransomware

Govt issues alert against new ransomware

Rediff.com4 May 2023

The Indian cyber security agency has issued a warning against 'Royal ransomware' virus that attacks critical sectors like communications, healthcare, education and even individuals and seeks pay-off in Bitcoins for not leaking personal data in the public domain.

'PLEASE GO HOME!!' Says Office Computer

'PLEASE GO HOME!!' Says Office Computer

Rediff.com3 Mar 2023

Yes, it really does happen.

Govt restricts import of 351 defence items, to be indigenised in 3 yrs

Govt restricts import of 351 defence items, to be indigenised in 3 yrs

Rediff.com29 Dec 2021

The defence ministry on Wednesday announced a fresh list of 351 sub-systems and components that will not be allowed to be imported under a staggered timeline beginning December next year.

CBI to examine HC order on Hindujas

CBI to examine HC order on Hindujas

Rediff.com31 May 2005

Central Bureau of Investigation said on Tuesday that it would examine the Delhi High Court judgement quashing all charges against Hinduja brothers.

Zydus Cadila starts supply of COVID-19 vaccine to govt

Zydus Cadila starts supply of COVID-19 vaccine to govt

Rediff.com2 Feb 2022

ZyCoV-D is a three-dose vaccine administered intradermally.

ISRO Satellite, Developed By 750 Schoolgirls

ISRO Satellite, Developed By 750 Schoolgirls

Rediff.com20 Feb 2023

AzaadiSAT had around 75 small payloads developed by schoolgirls of 75 rural schools.

Govt to probe 'commission' on defence deal

Govt to probe 'commission' on defence deal

Rediff.com20 Apr 2005

Media reports said a South African arms manufacturer had paid commission on Indian defence deals.

Delhi HC stays Bofors trial

Delhi HC stays Bofors trial

Rediff.com4 Feb 2005

The order was passed by Justice R S Sodhi while hearing a petition filed by Europe-based Hinduja brothers seeking\nthe discharge of the case.

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Several Pak agencies using Israel's intrusive cyber tech since 2012: Report

Rediff.com3 Aug 2023

Unlike Israeli company NSO, whose sale of Pegasus cyber tech grabbed worldwide attention, and other manufacturers of offensive-cyber products, Cellebrite operates in a grey area between security exports and civilian ones.

Not big players, but small brands catering to the needs of India: CAIT

Not big players, but small brands catering to the needs of India: CAIT

Rediff.com18 Apr 2022

Thousands of small brands are ruling the consumer market despite the predatory pricing and deep discounting by foreign e-commerce companies and efforts of certain FMCG companies to sideline the distributor network, said the Confederation of All India Traders (CAIT), which represents about 70 million traders in the country. "If the government gives support policies to non-corporate sector and tighten the e-commerce companies to obey the policy and the law both in letter and spirit, the retail trade of the country is bound to blossom in pursuance of the vision of PM Narendra Modi for Make in India and Atmnirbhar Bharat," said CAIT national president BC Bhartia and secretary general Praveen Khandelwal.

For the foreseeable future, diesel is likely to drive India's economy

For the foreseeable future, diesel is likely to drive India's economy

Rediff.com19 May 2023

India's climate change goals are turning combustible. On the one hand, a protracted dispute between the government and manufacturers over subsidies threatens to slow the pace of electric vehicle (EV) sales. On the other hand, repeated assertions by different arms of the government over banning sales of new fossil fuel-fired vehicles have queered the pitch for energy investments. Before we address the issue of the recommended diesel vehicle ban in the recent report on energy transition, issued months before the next round of global climate talks begin in Dubai in November, let's look at what's at stake.