Tata Group-owned Air India will buy 250 aircraft, including 40 wide-body planes, from Airbus as the airline expands its fleet and operations. This is the first time in more than 17 years that Air India has placed an aircraft order. It is also the first order placed by the carrier under the ownership of Tata Group. On Tuesday, Tata Sons chairman N Chandrasekaran said Air India has signed a letter of intent to acquire 250 aircraft from Airbus.
India's military spending of USD 76.6 billion ranked third highest in the world.
India to go ahead with S-400 missile deal with Russia, but declines project to develop a fifth-generation fighter aircraft.
The Rafale will surely be flying in Indian skies next year. But the way the BJP government has botched this will cast a shadow on defence acquisitions in the years to come.
The air defence command is to be rolled out by the beginning of next year and the Peninsula command by the end of 2021, Gen Rawat told a select group of journalists. The Indian Air Force will helm the air defence command and all-long range missiles as well as air defence assets will come under it, he said.
Sebi to fix promoters' side deals with PE investors
With the Indian Navy's requirement of conventional submarines standing at 24, there is critical need to expedite the planned acquisition of six more conventional submarines.
India has decided to buy 8,356 Spike anti-tank guided missile and 321 launchers from Israel for Rs 3,200 crore, rejecting US offer of Javelin missiles that Washington was lobbying hard for.
'I couldn't think of a more visible strategic form of cooperation than both of our armed serves using a similar weaponry jointly developed together.' Aziz Haniffa/Rediff.com reports from Washington, DC on what is expected in the India-US defence relationship during Prime Minister Modi's visit.
The Supreme Court on Monday refused to entertain a Public Interest Litigation challenging the appointment of Shashi Kant Sharma as the Comptroller and Auditor General of India.
In the two years since the PLA's intrusions into Eastern Ladakh, the Border Roads Organisation is sparing no effort to build and upgrade road highways from Tezpur to the McMahon Line.
The last time a bear attack was launched on a controversial businessman was when a cabal of brokers launched an assault in the early 1980s on what they thought was an over-priced Reliance share, recalls T N Ninan.
New Delhi sought a sovereign guarantee to prevent Paris from ever citing the Arms Trade Treaty to interrupt, modify or cease delivery of the Rafale fighter at any stage.
Defence minister claims MoD 'alive and kicking' after 'getting the weeds out'.
The Eknath Shinde-led Maharashtra government has come under fire following the Centre's announcement that Tata-Airbus C-295 transport aircraft project would be set up in Gujarat, with the opposition seeking to know why the project that was supposed to come up in Maharashtra went to the neighbouring state.
'It was Parrikar's sharp insights into finance and international systems that stood out when India --at his suggestion -- decided to procure the Rafale combat jets from France.'
Consolidated earnings of Bharat Forge in Q3FY23 missed estimates, largely due to higher-than-expected interest burden, although operational numbers (including standalone numbers) were close to consensus. Still, the management guidance was positive and appeared to be based on logic.
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.
Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure. The group is into the entire gamut of infrastructure -- being its ports, airports, roads, expressways power generation & distribution, among others. In ports and airports, the group is the largest player in the private sector. Addressing media from Milan, group chief financial officer Jugeshinder Singh said the company has fixed the price band for the Rs 20,000-crore issue in the range of Rs 3,112-3,276 per share.
The six Pinaka Regiments comprise of 114 Launchers with automated gun aiming and positioning system and 45 command posts to be procured from M/s TPCL and M/s L&T, and 330 vehicles to be procured from M/s BEML.
The BrahMos systems for the two ships are estimated to cost Rs 25 billion, making it the world's most expensive anti-ship missile.
The deal is estimated to be worth Rs 12,000 crore.
According to official figures, 14 squadrons of the MiG 21, MiG 27 and MiG 29 are due for retirement in the next 10 years which will bring down the fighter squadron strength to 19 by 2027 from the current 33.
The ministry said the 'multi-mode' hand grenades will replace the "World War II vintage" grenades being used by the Indian Army.
China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.
Nirmala Sitharaman has a God given opportunity to orchestrate a transformation in India's defence capabilities. One hopes she has her own counsel and does not overly let the PMO run her ship, says Group Captain Murli Menon (retd).
The procurement is expected to signal a major upswing in India's strategic ties with the Philippines which has been focusing on ramping up its naval prowess in the face of its lingering friction with China in the South China Sea.
Embraer cannot escape Indian laws just because it has struck a settlement with American authorities, Parrikar said.
'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd).
The Akash missile systems have over 96 percent indigenous components and the weapon can hit targets at a range of 25 km.
Mohun Bagan sign Paul Pogba's elder brother Florentin
Amongst those who heard the message of the Bihar results would be Defence Minister Manohar Parrikar, whose realm is simultaneously the country's most complex and -- when something goes wrong -- the most emotive, says Ajai Shukla.
'We have a common way of looking at the world, a common way of thinking, and a common set of values that predispose us to be partners. And our interests overlap greatly,' Dr Ashton B Carter, America's next defence secretary, told Aziz Haniffa/Rediff.com in an exclusive interview.
Although the pact would focus mainly on the Pacific and the South China Sea region, any action designed to deter China with or without New Delhi's active participation is a welcome move, notes Commodore Venugopal Menon (retd).
Amid the charges and counter-charges over the AgustaWestland issue, the Congress on Friday accused the Modi government of "working overtime" tapping the phones of opposition, civil servants and judges.
'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.'
Rahul targets the Modi government on Twitter, using the hashtag "BikGayaChowkidar".
The French minister also referred to India's planned induction of a second aircraft carrier and indicated that France will be interested in supplying the carrier-based jets.
The Heron unmanned aerial vehicles are already in the Air Force, Navy, and the Army and are being used extensively at the moment by both Army surveillance and Target acquisition batteries and Air Force in the Ladakh sector.
