News for 'procurement'

Hope our adversary learnt some lessons: CDS on Operation Sindoor

Hope our adversary learnt some lessons: CDS on Operation Sindoor

Rediff.com1 Jun 2025

Chief of Defence Staff General Anil Chauhan on Saturday said India's Operation Sindoor has drawn a 'new red line' of intolerance against terror, and expressed hope that the military action has brought 'some lessons for our adversary also'.

Navy gets replacement for Sea Guardian drone after crash in Sep

Navy gets replacement for Sea Guardian drone after crash in Sep

Rediff.com2 Feb 2025

The Indian Navy has received a replacement MQ-9B Sea Guardian drone from General Atomics after one of its leased drones crashed into the Bay of Bengal in September 2023. The new drone replaces the one lost in a "controlled ditching" due to a technical snag. The Indian Navy has also leased two MQ-9B drones from General Atomics in 2020, and India has signed a deal to procure 31 Predator drones from General Atomics for USD 4 billion. The supply of these drones will begin in January 2029. The Navy is also pushing for another indigenously-built aircraft carrier to replace INS Vikramaditya, which is expected to have a lifespan of another 10 years.

India's wheat procurement subpar despite export ban

India's wheat procurement subpar despite export ban

Rediff.com30 May 2022

After a ban on wheat exports, India's cereal grain procurement for the central pool was struggling to rise significantly until the middle of last week, informed trade and market sources. Farmers have been holding on to their produce as the price of wheat in the open market recouped some of the losses it suffered in the aftermath of the ban. According to trade estimates, around 18.12 million tonnes (mt) of wheat was procured in the central pool up until May 18. Before the export ban was enforced on May 13, it was 17.96 mt.

India looking for partners, not....: Jaishankar's veiled dig at Europe

India looking for partners, not....: Jaishankar's veiled dig at Europe

Rediff.com4 May 2025

India's External Affairs Minister S Jaishankar has called on Europe to display sensitivity and mutuality of interest for deeper ties with India, stating that New Delhi seeks partners, not "preachers." Jaishankar emphasized the importance of "Russia realism" in India's foreign policy, highlighting the natural complementarity between India and Russia as a resource provider and consumer. He criticized attempts by the West to address the Russia-Ukraine conflict without Russia's involvement, arguing it "challenged the basics of realism." Jaishankar also stressed the importance of finding common ground with the US, suggesting that focusing on mutuality of interest rather than ideological differences is key to successful engagement.

India's military spending outpaces Pak's by nearly 9 times

India's military spending outpaces Pak's by nearly 9 times

Rediff.com28 Apr 2025

India's military expenditure in 2024 was nearly nine times that of Pakistan's, according to a study released by the Stockholm International Peace Research Institute (SIPRI). India's spending reached USD 86.1 billion, while Pakistan spent USD 10.2 billion. China's military spending continued to rise, reaching USD 314 billion, accounting for 50% of all spending in Asia and Oceania.

What are India's free trade agreements?

What are India's free trade agreements?

Rediff.com6 May 2025

India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. The other regions and countries with which India has signed such agreements include the four-nation European bloc EFTA, Japan, Korea and Australia.

Tighter norms, rising compliance failures driving scrutiny for startups

Tighter norms, rising compliance failures driving scrutiny for startups

Rediff.com24 Apr 2025

Anmol Singh Jaggi and Puneet Singh Jaggi, once hailed as rising stars in India's clean energy sector, are now facing serious regulatory action.

Why Polycab is likely to maintain growth trajectory

Why Polycab is likely to maintain growth trajectory

Rediff.com16 May 2025

India's largest cable and wire manufacturer Polycab India ended financial year 2024-25 (FY25) on a high, delivering another strong quarter of double-digit growth and market share gains. This coupled with margin expansion, operating breakeven for its fast-moving electrical goods (FMEG) business, and steady exports outlook for FY26 is expected to support the stock, which is up 18 per cent over the past month. The stock is currently trading at Rs 5,765 a share.

Enraged over pay cut, Pune driver set afire vehicle using benzene: Police

Enraged over pay cut, Pune driver set afire vehicle using benzene: Police

Rediff.com20 Mar 2025

A disgruntled driver allegedly set a minibus on fire near Pune, killing four employees and injuring ten others. The driver, Janardan Hambardekar, was angry after his salary was cut and procured benzene to start the fire. He is currently hospitalized and will be arrested later.

In India, Apple meets environment target

In India, Apple meets environment target

Rediff.com16 Apr 2025

iPhone maker Apple has met its replenishment target for freshwater withdrawals for corporate operations in India in 2023, the company said in its environmental progress report released on Wednesday. Globally, Apple has set a goal to replenish 100 per cent of corporate freshwater withdrawals in high-stress locations by 2030.

Indian Scientists Make Weather History

Indian Scientists Make Weather History

Rediff.com9 Jun 2025

'Nobody asked us to work on this. It was on our own that we decided to embark on this journey.'

'No project completed on time', IAF chief uses Salman Khan's dialogue

'No project completed on time', IAF chief uses Salman Khan's dialogue

Rediff.com29 May 2025

Chief of Air Staff Air Chief Marshal A P Singh on Thursday flagged serious concerns over inordinate delays in various defence acquisition projects and failure to stick to delivery schedules for supply of key platforms even as he hailed Operation Sindoor as a 'national victory'.

Sambhal violence: Mosque chief held; high alert in district post arrest

Sambhal violence: Mosque chief held; high alert in district post arrest

Rediff.com23 Mar 2025

Zafar Ali, the president of the Shahi Jama Masjid committee in Sambhal, Uttar Pradesh, was arrested on Sunday in connection with the violence that erupted in November 2022 over a court-ordered survey of the mosque. Ali's brother alleged that the arrest was intended to prevent him from submitting his testimony before a judicial commission investigating the violence. The mosque has been at the center of a controversy after a petition claimed it was the site of an ancient Hindu temple. The violence resulted in four deaths and several injuries.

Govt may approve Rs 45K cr deal to buy 156 desi LCH for Army, IAF

Govt may approve Rs 45K cr deal to buy 156 desi LCH for Army, IAF

Rediff.com25 Mar 2025

Of the 156 LCH, 90 would be for the Indian Army while 66 would be for the Indian Air Force.

'Yeh Mera Ground Hai'!

'Yeh Mera Ground Hai'!

Rediff.com11 Apr 2025

The reaction probably stemmed out of RCB not signing him at the mega auction despite the batter showing interest in rejoining the franchise.

50+ Firms Join Race For India AI

50+ Firms Join Race For India AI

Rediff.com3 Mar 2025

Nearly a dozen firms have shown interest in building the foundation model and LLMs, while others have proposed sector-specific SLMs.

Catalyst behind defence sector stocks regaining ground

Catalyst behind defence sector stocks regaining ground

Rediff.com24 Mar 2025

After lagging behind the broader market over the past three and six months, defence sector stocks have regained ground, reversing their performance from the past month. Concerns about slowing order inflows, execution hurdles, supply chain disruptions, and high valuations had weighed on the sector.

L&T announces one-day paid menstrual leave

L&T announces one-day paid menstrual leave

Rediff.com6 Mar 2025

In a first for a major corporate house, engineering, procurement and construction major Larsen and Toubro on Thursday announced a one-day paid menstrual leave for women employees. The move will benefit about 5,000 women employees at the Mumbai-headquartered company.

K'taka Guv forwards 4% Muslim quota bill to President's assent

K'taka Guv forwards 4% Muslim quota bill to President's assent

Rediff.com16 Apr 2025

Karnataka Governor Thaawarchand Gehlot has reserved the Bill pertaining to four percent reservation for Muslims in government contracts for the President's assent, citing constitutional concerns. The Bill, which has been a subject of controversy in Karnataka, was passed by both houses of the state legislature amid protests from the opposition BJP. The Governor's decision to reserve the Bill highlights the ongoing debate over the constitutionality of religious-based reservations in India.

Amritsar hooch toll rises to 21; 10 held, 2 cops suspended

Amritsar hooch toll rises to 21; 10 held, 2 cops suspended

Rediff.com14 May 2025

Police said they have made five arrests in the incident. Those arrested have been identified as Prabhjit Singh, the main accused, Kulbir Singh, Sahib Singh, Gurjant Singh and Ninder Kaur, they said.

What Rs 101.47 Billlion Will Get The Army

What Rs 101.47 Billlion Will Get The Army

Rediff.com7 Feb 2025

'A crucial role in bolstering the Indian Army's firepower by enabling precise and long-range strikes.'

Accused in Saif case entered India 7 months ago

Accused in Saif case entered India 7 months ago

Rediff.com21 Jan 2025

A Bangladeshi national, arrested for the knife attack on Bollywood actor Saif Ali Khan, entered India illegally seven months ago and used a fake Aadhaar card to procure a SIM card before moving to Mumbai, police said. The accused, Shariful Islam Shehzad Mohammad Rohilla Amin Fakir (30), was arrested from Thane for the stabbing incident at Khan's residence in Bandra. Fakir, who changed his name to Vijay Das, crossed the Dawki River to enter India illegally and used the Aadhaar card of a local man in West Bengal to procure a SIM card before moving to Mumbai in search of a job. He also tried to get an Aadhaar card for himself but failed. In Mumbai, he worked at places where he didn't need to furnish documents, with a labour contractor helping him get housekeeping work in pubs and hotels in Worli and Thane.

18 BJP MLAs suspended in Karnataka assembly amid protest

18 BJP MLAs suspended in Karnataka assembly amid protest

Rediff.com22 Mar 2025

Eighteen BJP MLAs were suspended for six months from the Karnataka Legislative Assembly for disrupting the budget session and disrespecting the Speaker. The incident occurred on the last day of the budget session, when the opposition BJP MLAs staged a massive protest over the allocation of a four percent reservation to Muslims in public contracts. The MLAs climbed onto the podium where the Speaker's chair is situated and threw papers at him.

Arming Armed Forces: India's Choice Not Trump's

Arming Armed Forces: India's Choice Not Trump's

Rediff.com17 Mar 2025

We need to equip the Indian Armed Forces, not 'commercial' as Trump wants, but 'operationally' looking at growing Chinese military capabilities, asserts Lieutenant General Prakash Katoch (retd).

Lodha vs Lodha: Latest twist in the family feud

Lodha vs Lodha: Latest twist in the family feud

Rediff.com2 Apr 2025

In a twist in the family feud, Abhishek Lodha-run Macrotech Developers on Wednesday alleged younger brother Abhinandan's firm fabricated documents to misuse the company's brand name to further its business interests.

About 2K illegal houses to be razed in Ahmedabad's Bangladeshi den

About 2K illegal houses to be razed in Ahmedabad's Bangladeshi den

Rediff.com29 Apr 2025

Ahmedabad civic authorities launched a massive demolition drive on Tuesday, razing over 2,000 illegally constructed houses and properties in the Chandola Lake area. The operation, which involved around 50 teams equipped with earthmovers and 2,000 police personnel, was carried out days after illegal Bangladeshi immigrants were detained from these settlements. The Gujarat High Court declined to stay the action, observing that the dwellings were situated on the periphery of the water body and therefore subject to demolition under the Land Revenue Code. Authorities also demolished the illegal farmhouse of Lalu Pathan, alleged mastermind behind the encroachments, who is suspected to have helped illegal immigrants obtain rental accommodation and Aadhaar cards.

130 Dalit families allowed temple entry in Bengal after 3 centuries

130 Dalit families allowed temple entry in Bengal after 3 centuries

Rediff.com13 Mar 2025

In a significant move, 130 Dalit families in West Bengal were finally allowed to enter the Gidheshwar Shiv Temple after being barred for nearly three centuries due to caste discrimination. The families, who are primarily cobblers and weavers, had faced social and economic exclusion for their attempts to worship at the temple. Local authorities intervened after multiple rounds of discussions with village elders, temple servants, and political leaders, leading to a resolution of the long-standing dispute.

Terrorism Premiums To Drop 15% From April 1

Terrorism Premiums To Drop 15% From April 1

Rediff.com31 Mar 2025

'India has not faced a major terrorism loss since the Mumbai terrorist attacks in 2008.'

From 96% holding to a sliver: How Gensol promoters made swift exit

From 96% holding to a sliver: How Gensol promoters made swift exit

Rediff.com29 Apr 2025

When Gensol Engineering made its public market debut through a small and medium enterprises (SME) initial public offering (IPO) in September 2019, its promoters held a commanding 96 per cent stake. Now, that figure has shrunk to a "negligible" fraction.

'Why Couldn't Pakistan Stop Indian Attacks?'

'Why Couldn't Pakistan Stop Indian Attacks?'

Rediff.com21 May 2025

'When one air force (India's) hits the other's airbases with impunity and that air force (Pakistan's) is not able to respond, then the air force, which has put the other's airbases out of commission, has won.'

Haryana government bows to Vinesh Phogat's demand

Haryana government bows to Vinesh Phogat's demand

Rediff.com25 Mar 2025

The Haryana Cabinet has decided to offer wrestler-turned-politician Vinesh Phogat benefits equivalent to those of an Olympic silver medallist under the state's sports policy.

RIL to pump Rs 1.5 trn into petro, new energy

RIL to pump Rs 1.5 trn into petro, new energy

Rediff.com28 Apr 2025

Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to invest Rs 75,000 crore ($9 billion) each into its new energy business and petrochemical expansion, according to a company presentation. In its FY25 result statement, Ambani said the company has laid a strong foundation for its projects in renewable energy and battery operations. "In the coming quarters, we will see the transition of this business from incubation to operationalisation.

6 firms in fray for RBI's currency management project

6 firms in fray for RBI's currency management project

Rediff.com16 Mar 2025

State-owned Engineers India and MECON as well as four private entities are in the fray for the project to comprehensively revamp RBI's currency management infrastructure in order to cater to future cash needs of the country's fast growing economy. The four private entities are: Accenture Solutions; Colliers International (India) Property Services; PricewaterhouseCoopers and The Boston Consulting Group (India).

'I'm in awe of Arshdeep; he is an exceptional bowler'

'I'm in awe of Arshdeep; he is an exceptional bowler'

Rediff.com7 Apr 2025

Punjab Kings' Lockie Ferguson was all praise for his new-ball partner Arshdeep Singh, calling him a lively character and a fast-bowling workhorse.

MoD Spends Rs 2.09 Trillion On Arms Deals!

MoD Spends Rs 2.09 Trillion On Arms Deals!

Rediff.com29 Mar 2025

The value of contracts awarded by the MoD in 2024-2025 is the highest ever and double the previous record set in 2023-2024.

Vance wants India to buy more American energy, weapons

Vance wants India to buy more American energy, weapons

Rediff.com22 Apr 2025

US Vice President JD Vance called on India to drop non-tariff barriers, give greater access to its markets and buy more American energy products and military hardware. Vance, in a speech in Jaipur, highlighted the need for a stronger US-India partnership for a prosperous and peaceful 21st century. He emphasized the importance of working together to address global challenges and praised Prime Minister Narendra Modi, describing him as a "special person." Vance also urged India to provide greater market access to American products and buy more defense platforms and energy from the US. He suggested that India consider dropping some of the non-tariff barriers for American access to the Indian market and highlighted the benefits of closer India-US defense collaboration, advocating for New Delhi to procure more military hardware from the US. He cited the example of American fifth-generation F-35s, arguing they would give the Indian Air Force the ability to defend its airspace and protect its people like never before. Vance also welcomed the Modi government's budget announcement to amend India's civil nuclear liability laws, paving the way for US producers to export small modular reactors and build larger US-designed reactors in India. He emphasized the importance of energy security for India's AI ambitions, stating "there is no AI future without energy security and energy dominance." Vance's visit comes amid growing global concerns over the US's tariff war.

India, US to sign new defence framework: White House official

India, US to sign new defence framework: White House official

Rediff.com13 Feb 2025

India and the United States will be signing a new defence framework during Prime Minister Narendra Modi's ongoing visit to the US, which will give a further fillip to the partnership between the two countries, a senior White House administration official said on Thursday.

The defence Budget for this year is...

The defence Budget for this year is...

Rediff.com1 Feb 2025

Under capital expenditure, Rs 48,614 crore has been set aside for aircraft and aero engines while Rs 24,390 crore has been allocated for the naval fleet.

Army plans to procure 200 locally-built Prachand, light utility helicopters

Army plans to procure 200 locally-built Prachand, light utility helicopters

Rediff.com15 Feb 2023

The Army is looking at procuring the LUHs and LCHs to replace its ageing fleets of Cheetah and Chetak helicopters.

History In Minutes: Man Who Handwrote Our Constitution

History In Minutes: Man Who Handwrote Our Constitution

Rediff.com6 Mar 2025

Prem Bihari Narain Raizada wrote 145,000 words in flowing italic styles. It took him 6 months and hundreds of nibs.