News for 'defence industry'

The North-South Battle Gets Ugly

The North-South Battle Gets Ugly

Rediff.com20 Mar 2025

With its age-old fascination for education, southern states have done better than the North. Start-ups, IT hubs, and industry majors setting up shop have changed the face of the South. Nearly 79% of global offices set up by international conglomerates in India are in the South. Almost 46% of tech unicorns are from the South. The GDP per person in the South is 4.2 times higher than the North. None of these indicators can be ignored by any central government, whatever the political compulsions, notes Ramesh Menon.

Jihadists Are A Major Threat To Israel'

Jihadists Are A Major Threat To Israel'

Rediff.com16 Dec 2024

'Israel would make Iran and its proxies pay. They, along with Qatar, fund terror all over the world.'

First C-295 aircraft to roll out of Gujarat facility in Sep 2026

First C-295 aircraft to roll out of Gujarat facility in Sep 2026

Rediff.com27 Oct 2024

The ministry of defence in September 2021 signed a Rs 21,935-crore contract with Airbus Defense and Space SA, Spain for supply of 56 aircraft.

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Gorge Soros, Hillary Clinton get Medal of Freedom from Biden

Rediff.com4 Jan 2025

Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.

India successfully flight tests 1,000 kg class glide bomb

India successfully flight tests 1,000 kg class glide bomb

Rediff.com13 Aug 2024

After being launched, the glide bomb steer towards the target using a highly accurate hybrid navigation scheme, the ministry said.

Deputy chiefs, command heads may now clear small defence projects

Deputy chiefs, command heads may now clear small defence projects

Rediff.com17 Feb 2021

For the first time, the government on Wednesday delegated financial powers for capital procurement projects worth up to Rs 200 crore to armed forces officials below the level of vice chiefs to help them meet emerging security challenges, officials said.

UK to deploy warships, aircraft carrier in Indian Ocean

UK to deploy warships, aircraft carrier in Indian Ocean

Rediff.com10 Jan 2024

The deployment of the UK's "most advanced naval capabilities" has been flagged by the UK ministry of defence as a "decisive step" in bolstering UK-India security ties.

Hope PM told Trump it's not right to...: Opposition parties

Hope PM told Trump it's not right to...: Opposition parties

Rediff.com14 Feb 2025

Opposition leaders in India have expressed hope that Prime Minister Narendra Modi raised the issue of the deportation of Indian illegal immigrants from the United States during his recent visit. They criticized the manner in which the Indians were sent back, shackled and handcuffed on a military aircraft. The leaders also discussed the need for India to address the root causes of migration and the importance of national interest in diplomatic relations with the United States.

Ajay Kumar wants to make India a global defence power

Ajay Kumar wants to make India a global defence power

Rediff.com10 Aug 2018

The secretary defence production wants to make India (currently the largest importer of weaponry) one of the world's top five defence manufacturers and a global leader in artificial intelligence and cyberspace.

Parrikar could have been a great defence minister but...

Parrikar could have been a great defence minister but...

Rediff.com21 Mar 2017

'A month after assuming charge, Parrikar promised a policy within six months to "end or at least reduce" terrorist infiltration across the Line of Control.' 'However, infiltration continued apace, leading to high-profile terrorist attacks in Gurdaspur, Pathankot, and Uri.' 'During this phase, he made the controversial suggestion that India should fight terror with terror, hinting at supporting terror groups to strike in Pakistan,' observes Ajai Shukla.

Divided CII opts for 49% defence FDI limit

Divided CII opts for 49% defence FDI limit

Rediff.com25 Jun 2014

Several CII defence committee members confirm this is now the official CII position, which conforms to that of industry bodies, Ficci and Assocham.

Modi, Sanchez unveil facility to manufacture military aircraft

Modi, Sanchez unveil facility to manufacture military aircraft

Rediff.com28 Oct 2024

Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.

Govt moots joint ventures in Defence production

Govt moots joint ventures in Defence production

Rediff.com26 Sep 2005

The minister said that a high-level committee was constituted in his ministry to review the defence procurement procedures and integrate defence establishments and industry.

Why Is India Not In The Innovation Race?

Why Is India Not In The Innovation Race?

Rediff.com16 Jan 2025

India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.

Budget 2025: Consumption-related stocks likely to see further gains

Budget 2025: Consumption-related stocks likely to see further gains

Rediff.com3 Feb 2025

Market reaction to the Union Budget was overall neutral. The income tax "gift" wasn't enough to move the needle. There was some apparent rationalisation of Customs duty structure as well as cuts on import duties of some key components for the telecom and IT industry and duty cuts on vehicle imports. Other proposals related to development of agriculture and rural economy and renewables seem to be generally positive.

Maha cabinet expansion: Fadnavis says formula ready, but no date final

Maha cabinet expansion: Fadnavis says formula ready, but no date final

Rediff.com12 Dec 2024

Maharashtra Chief Minister Devendra Fadnavis on Thursday said the names of the probable ministers from the Bharatiya Janata Party in his cabinet have been shortlisted and the final decision will be taken by the party's central leadership.

Govt to ease FDI norms in defence, to permit up to 74% investment

Govt to ease FDI norms in defence, to permit up to 74% investment

Rediff.com16 May 2020

To boost Make in India in defence production, Finance Minister Nirmala Sitharaman on Saturday said foreign direct investment limit in defence manufacturing will be hiked to 74 per cent from 49 per cent while some weapons and platforms will be banned for imports.

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rs 1.2 Lakh Scholarship For Entrance Exam Coaching

Rediff.com28 Nov 2024

Students from de-notified tribes, nomadic tribes and semi-nomadic tribes will receive coaching fees of up to 1,20,000 and additional benefits for preparing for entrance examinations such as JEE, NEET, CLAT and the NDA.

Vedanta calls for corporatisation of defence PSUs

Vedanta calls for corporatisation of defence PSUs

Rediff.com16 Apr 2022

Vedanta chairman Anil Agarwal on Saturday pressed for further liberalisation of the defence sector and called for corporatisation of defence factories to make the country self reliant in respect of arms and ammunition. There are 52 defence factories for manufacturing arms and ammunition in the country but most of them are running at 10 per cent capacity, he said. "We (India) can be the largest producer of arms and ammunition. "If the defence factories are corporatised it will bring in a new way of thinking," Agarwal said while addressing the inauguration of a post graduate programme for executives virtually from London.

Bengaluru Gets A US Consulate, But...

Bengaluru Gets A US Consulate, But...

Rediff.com18 Jan 2025

To begin with, the consulate in Bengaluru will not offer visa services.

'1st Film I Watched After Becoming PM'

'1st Film I Watched After Becoming PM'

Rediff.com3 Dec 2024

'Joined fellow NDA MPs at a screening of The Sabarmati Report. I commend the makers of the film for their effort.'

No coronavirus lockdown for aerospace, defence firms

No coronavirus lockdown for aerospace, defence firms

Rediff.com3 Apr 2020

'For Indian firms supplying global majors, coronavirus is both a threat and an opportunity.'

Army seeks quantum jump in capabilities, inks Rs 7,600-cr deal for equipments

Army seeks quantum jump in capabilities, inks Rs 7,600-cr deal for equipments

Rediff.com14 Aug 2023

Sources in the military establishment also said the present global scenario "necessitates a flexible and adaptive approach" to tackle defence and national security challenges.

Why Gautam Adani is on a buying spree

Why Gautam Adani is on a buying spree

Rediff.com21 Nov 2024

The billionaire Adani family, which is building an in-house construction and engineering ecosystem by acquiring ITD Cementation and PSP Projects, is actively seeking additional acquisition opportunities, according to bankers. As part of its $100 billion investment plan by 2030, the Ahmedabad-based group has undertaken several large-scale construction projects, including the Dharavi redevelopment, Ganga Expressway, a mega convention centre in Mumbai and airports.

Trump's Tariff Tussle With India

Trump's Tariff Tussle With India

Rediff.com6 Nov 2024

'While criticising India's high tariffs, Mr Trump stated he would impose reciprocal taxes on Indian products if re-elected.' 'However, since India's tariffs follow WTO rules, Mr Trump's actions would violate these rules,' Ajay Srivastava points out.

Infosys to invest up to Rs 17 cr in space tech startup GalaxEye

Infosys to invest up to Rs 17 cr in space tech startup GalaxEye

Rediff.com19 Sep 2024

IT firm Infosys on Thursday said it will invest up to Rs 17 crore in space tech startup GalaxEye Space Solutions as part of Infosys Innovation Fund. The investment will be made in equity and series A compulsory convertible preference shares allotment, a regulatory filing said.

US Worried About Security Leaks From India

US Worried About Security Leaks From India

Rediff.com9 Oct 2021

GSOMIA does not cover the exchange of classified information with Indian private industry. Washington wanted this covered too, given New Delhi's emphasis on the proposed 'strategic partnership' model of procurement.

Meet Nirmalaji's Budget Team

Meet Nirmalaji's Budget Team

Rediff.com30 Jan 2025

This will be the first full-year Budget of the BJP-led National Democratic Alliance government since it came to power for a third consecutive term in July last year.

Ferry sinks off Mumbai coast as Navy boat rams it; 13 killed, 99 rescued

Ferry sinks off Mumbai coast as Navy boat rams it; 13 killed, 99 rescued

Rediff.com19 Dec 2024

Two passengers died and 75 others were rescued after a speed boat crashed into a ferry off the Mumbai coast. The ferry, carrying 80 passengers and five crew members, was on its way to Elephanta Islands when the speed boat circled it before crashing into it. The Navy and Coast Guard launched a massive rescue operation, with 11 Navy boats, three Marine Police boats, and a Coast Guard boat deployed. Four helicopters were also involved in the search and rescue operation. Police, Jawaharlal Nehru Port Authority personnel, and local fishermen are assisting in the rescue efforts. Chief Minister Devendra Fadnavis said that seven to eight passengers remain missing.

Budget Impact: 10 Largecaps To Look Out For

Budget Impact: 10 Largecaps To Look Out For

Rediff.com4 Feb 2025

10 largecaps stocks which stand to gain from the Budget.

Pak, China vow to boost up defence ties

Pak, China vow to boost up defence ties

Rediff.com13 Oct 2009

Pakistan and China on Tuesday vowed to boost up collaboration in defence and counter-terrorism as visiting Pakistan Prime Minister Yousuf Raza Gilani invited Chinese defence industry to set up joint ventures in his country for warships and fighters.

He Wants To Set Up Fuel Stations In Space!

He Wants To Set Up Fuel Stations In Space!

Rediff.com20 Feb 2025

'It is our duty to keep space sustainable and free of debris.'

On Kargil Vijay Diwas, Modi hails Agnipath, targets Opposition

On Kargil Vijay Diwas, Modi hails Agnipath, targets Opposition

Rediff.com26 Jul 2024

Prime Minister Narendra Modi on Friday said the Agnipath scheme is an example of necessary reforms undertaken by the Army and accused the opposition of playing politics over the recruitment process aimed at keeping the average age in armed forces young.

'Some May Consider Working 90 Hours Heaven'

'Some May Consider Working 90 Hours Heaven'

Rediff.com15 Jan 2025

'If people want to work 90 hours, we should let them work.' 'If people want to work 30 hours, you should let them work 30 hours.' 'But they should not expect the same level of success and attention.'

How Can India Deal With Trump 2.0?

How Can India Deal With Trump 2.0?

Rediff.com21 Jan 2025

It would be a challenge to India's policy makers how to deal with Trump so that mutual economic growth remains sustained and mutual understanding on global issues are not hampered, observes Dr Rajaram Panda.

US preparing for potential war with China

US preparing for potential war with China

Rediff.com20 Sep 2024

United States Navy Chief Admiral Lisa Franchetti unveiled the 2024 Navigation Plan, outlining navy's readiness for a potential war with China over the next two years, Taiwan News.

ISRO Gears Up For Space Docking Mission

ISRO Gears Up For Space Docking Mission

Rediff.com18 Oct 2024

Docking technology is crucial for sending people and cargo to space stations.

Make Indian, buy Indian: Defence Minister's mantra

Make Indian, buy Indian: Defence Minister's mantra

Rediff.com13 Jan 2016

At least 40% of a product must be manufactured in India for it to qualify for the Indian Designed, Developed and Manufactured category.