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Govt dissolves Ordnance Factory Board, transfers employees

The defence ministry has dissolved the Ordnance Factory Board with effect from October 1 and transferred its assets, employees and management to seven public sector units (PSUs), according to an......

Govt moves bill in LS to ban strikes by essential defence services

The government on Thursday introduced a bill in Lok Sabha which seeks to prohibit any agitation and strike by anyone engaged in the essential defence services. IMAGE: 12.7 mm heavy machine......

Army inducts home-made Dhanush howitzer

In a major boost to its fire power, the Indian Army on Monday received the first batch of six 'Dhanush' artillery guns from the Ordnance Factory Board, a defence official said. The guns were......

OFB signs deal to produce Russian rockets in India

India and Russia have signed an agreement for producing the 80 km-range Smerch rockets at ordnance factories in India. "The Ordnance Factory Board signed an MoU for a joint venture with Russian......

Govt penalises Israeli defence firm for graft

In a first, India has seized a bank guarantee worth Rs 224 crore furnished by an Israeli defence vendor for breach of integrity pact after the company was blacklisted for alleged involvement in......

Corporatising OFBs: An idea whose time has come

'The much-awaited decision could be a welcome change at a time when the Indian armed forces are crying for self-reliance and the defence industry is looking forward to more indigenisation,' notes......

India aims at $20-mn arms exports in 2003

India is aiming to export arms and ammunition worth $20 million in 2003 by showcasing, in the international market, indigenous upgraded versions of 130MM and 105MM artillery guns, mine-protecting......

How the military can get a bang for every buck

The best available recourse to keep the defence sector healthy is to source most of our requirement within the country so that procurement outlays under both the Revenue and Capital heads flow......

India Inc, stop whining!

'Instead of wailing about the absence of tax benefits, the private sector should press for an early implementation of the package of measures,' advises A K Bhattacharya. Illustration: Dominic......

NSE Mess: 'Chitra was wrong'

'She violated NSE procedures and rules, corporate governance norms; Chitra acted maybe within her capacity as MD and CEO, but not in the right spirit.' IMAGE: Former National Stock Exchange......

Ordnance Factories Board

News for Ordnance Factories Board

Govt dissolves Ordnance Factory Board, transfers employees

Govt moves bill in LS to ban strikes by essential defence services

Army inducts home-made Dhanush howitzer

OFB signs deal to produce Russian rockets in India

Govt penalises Israeli defence firm for graft

Corporatising OFBs: An idea whose time has come

India aims at $20-mn arms exports in 2003

How the military can get a bang for every buck

India Inc, stop whining!

NSE Mess: 'Chitra was wrong'

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