The IAF has paid French aerospace firms Dassault and Thales about Euro 350 million for 'performance-based logistics'. This requires the vendors to ensure that 75 per cent of the Rafale fleet is combat-ready at all times, notes Ajai Shukla.
'The Make in India target of getting manufacturing to account for 25% of GDP by 2022 is quite impossible to achieve.' 'As for the role of technology in the average Indian's life, it is still quite basic -- mobile phones and Mars successes notwithstanding,' says T N Ninan.
We could be on the brink if our export industries actually start losing jobs, says Shreekant Sambrani.
The Indian Army has shown it can face down the PLA, but is too often held back by a political leadership that lacks boldness, asserts Ajai Shukla.
ICICI Bank was the top gainer after stable rating for its senior unsecured bonds by S&P Global Ratings.
This was the biggest IPO in the Indian market since Infratel's.
For months, offline retailers and traders have been lobbying hard for a national retail policy to protect their business from the growing influx of e-commerce.
Leading logistics and transport companies are willing to operate Blueline buses on certain lustre routes in Delhi. As many as 11 players have submitted their bids for operating 200 private carriage buses in the capital at an estimated cost of Rs 57 crore
Businesses across the world consider efficient delivery of shipments to be a growth driver, and IoT-based start-up Roambee fills this need with real-time reports to businesses using tracking data.
Billionaire Jeff Bezos, who founded Amazon as an online bookseller nearly three decades ago, will step down as the CEO of the $1.7 trillion global retail giant in the third quarter of 2021 with Andy Jassy being named his successor.
'Notwithstanding the realisation among the Indian leadership to build up its navy for the force's expanding role, the Indian Navy was allocated only 15% of the interim defence budget presented in Parliament in February 2019.' 'The outlay for the navy's capital acquisition is not even adequate to meet its committed liabilities,' points out Brigadier S K Chatterji (retd).
'The telecom companies are our lifeline now, despite having nearly collapsed under debt because of ill-advised policies.' 'Perhaps our obvious dependence on telecom services will spark well-conceived policies for this sector,' says Shyam Ponappa.
'The border stand-off and the uncertainties that come with it should be a wake-up call on what makes for real rather than illusory power,' observes T N Ninan.
Tatas' drive into Sanand area for their Nano project has given a major fillip to Mumbai-based real estate major K Raheja Corp to set up its support infrastructure projects in the area.
There was no relief for existing home buyers who are stuck in stalled projects and are paying both rent and EMI on their home loans.
Patil added that India is not satisfied with Pakistan's action against terrorists.
Spectrum Retail Mart, a retail chain of medical stores and fast moving consumer goods, has set up shop in Mumbai with an initial investment of over Rs 90 crore (Rs 900 million).
'The Chinese can't be trusted hence the need to verify and re-verify.'
The manifesto proposes to launch a Sagar Mala project to set up new ports and upgrading the existing ones and "stringing them together".
Gujarat is on the road to market 'Brand Gujarat'. The state has aimed at an accelerated industrial growth of about 15 per cent for the next five years. According to the new policy, the state will create room for three new economic corridors to house four special investment regions (SIR), 10 logistic parks for Delhi Mumbai Industrial Corridor (DMIC) and a slew of industrial parks. For trained manpower, the state government will create a synergy between industry and education.
Joint secretary in the ministry Lav Agarwal said 149 new COVID-19 cases, including two deaths, have been reported since Friday. Combined efforts are on to ensure 100 per cent lockdown and that social distancing gets implemented, he said at a press briefing on the current COVID-19 situation in India.
Prabhu's maiden Railway budget is high on vision.
Indian auto and pharma industries import several critical components and raw materials from China.
At 11:37 am, the S&P BSE Sensex was up 28 points at 27,037 and the Nifty50 was up 2 points at 8,268
Pakistan has not taken any significant steps to dismantle terrorist infrastructure on its soil and continues to provide logistic and financial support to terrorists in Jammu and Kashmir, government said Thursday.
'We are facing the most critical military situation with China in the last 50 years.'
PSU divestment, LIC IPO, fiscal deficit: Budget 2021 marks a clear change in the Modi government's stance from fiscal conservatism to growth orientation.
Aiming to push India into the list of the top 10 agri export nations, the policy has been backed by the Prime Minister's Office
The Budget would have been the perfect vehicle to introduce some bold initiatives.
That opportunity has been lost through this Budget, observes Shreekant Sambrani.
'Are all roads in India privatised? Are governments not playing a role in airports or ports? If they (private players) want to set up lines for a specific requirement, I see no reason to object. It will expand the opportunity and passengers will also benefit.'
The decline was led by index heavyweight Reliance Industries along with ITC and HDFC.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Seeking to guard investor returns from excessive exchange rate movements, RBI Governor Raghuram Rajan on Thursday said a move towards an inflation target of 4 per cent will help contain the currency market volatility.
Union Health Minister Harsh Vardhan on Thursday sought keen oversight and personal indulgence of health ministers, principal secretaries and additional chief secretaries of states and union territories to lead the second nationwide mock drill on the COVID-19 vaccination scheduled to be held on January 8.
The policy aims to create around 5,000 startups, including 10 global high-growth startups, and to create a minimum of 100,000 high skilled job creation, direct and indirect, in the startup ecosystem by 2023.
A task force, under the chairmanship of the secretary (tourism), with the secretary (shipping) as co-chairperson, has been constituted to promote cruise tourism in the country, reports Megha Manchanda.
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
England's failed bid to host the 2018 World Cup "was by far the strongest contender", FIFA official said.
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