News for 'procurement'

Air Marshal Amar Preet Singh is new chief of air staff

Air Marshal Amar Preet Singh is new chief of air staff

Rediff.com21 Sep 2024

Air Marshal Amar Preet Singh has been appointed as the next Chief of the Air Staff.

Siddique murder: Need to probe political rivalry angle, cops tell court

Siddique murder: Need to probe political rivalry angle, cops tell court

Rediff.com13 Oct 2024

A Mumbai court on Sunday remanded one of the two alleged shooters in the Baba Siddique murder case in police custody till October 21 and ordered a bone ossification test on the other after he claimed he was a minor.

'One nation, one poll': What Kovind panel recommended

'One nation, one poll': What Kovind panel recommended

Rediff.com18 Sep 2024

The Union cabinet on Wednesday accepted the recommendations of the high-level committee headed by former President Ram Nath Kovind on simultaneous elections.

Tirupati laddu row: Food safety regulator notice to ghee supplier

Tirupati laddu row: Food safety regulator notice to ghee supplier

Rediff.com23 Sep 2024

The controversy has sparked reactions across states. The famous Mankameshwar temple in Uttar Pradesh has now banned offerings of 'prasad' bought by devotees from outside and said they can offer homemade 'prasad' or fruits.

MoD simplifies def procurement, Army HQ gets more power

MoD simplifies def procurement, Army HQ gets more power

Rediff.com22 May 2018

The significant changes include devolution of powers within the ministry and the service headquarters and concurrent running of the acquisition process.

Havells, Polycab flip the switch on high-voltage growth potential

Havells, Polycab flip the switch on high-voltage growth potential

Rediff.com28 Oct 2024

The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.

Unexpected Buys At The IPL Auction

Unexpected Buys At The IPL Auction

Rediff.com27 Nov 2024

Players who were bought at unexpected price tags...

Supreme Court allows claiming input tax credit on construction expenses

Supreme Court allows claiming input tax credit on construction expenses

Rediff.com5 Oct 2024

In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction expenses for buildings meant to be leased. "If the construction of a building was essential for carrying out the activity of supplying services, such as renting or giving on lease or other transactions in respect of the building or a part thereof, which are covered by clauses (2) and (5) of Schedule II of the CGST (Central Goods and Services Tax) Act, the building could be held to be a plant," said Justice Abhay S Oka and Justice Sanjay Karol.

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

India to buy 200 BrahMos missiles for Rs 19K cr to boost Navy

Rediff.com22 Feb 2024

In a significant move, the Cabinet Committee on Security (CCS) has accorded approval for the procurement of more than 200 BrahMos supersonic cruise missiles and associated equipment for the Indian Navy at a cost of around Rs 19,000 crore, people familiar with the matter said on Thursday.

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.

ED grills Azharuddin for hours in money laundering case

ED grills Azharuddin for hours in money laundering case

Rediff.com8 Oct 2024

The Enforcement Directorate on Tuesday questioned former Indian cricket team captain and Congress leader Mohammed Azharuddin for over nine hours in a money laundering case linked to alleged financial irregularities in the Hyderabad Cricket Association, official sources said.

Can Parrikar overhaul defence procurement?

Can Parrikar overhaul defence procurement?

Rediff.com28 Mar 2016

As the DefenceExpo gets underway in Goa, Brigadier S K Chatterji (retd) says the proposed Defence Procurement Procedure 2016 should ensure that the Indian defence industry is on the path to design, develop and make in India.

Government approves public procurement Bill

Government approves public procurement Bill

Rediff.com12 Apr 2012

The Cabinet on Thursday approved a bill that seeks to regulate government purchases of above Rs 50 lakh through a transparent bidding process.

Army finalises mega procurement plan to replace old weapons

Army finalises mega procurement plan to replace old weapons

Rediff.com29 Oct 2017

The broad process to acquire around 7 lakh rifles, 44,000 LMGs and nearly 44,600 carbines has been finalised.

Support UN resolution on Kashmir, says Malaysian PM during Pak visit

Support UN resolution on Kashmir, says Malaysian PM during Pak visit

Rediff.com4 Oct 2024

He also said that his country would continue to talk about the Kashmir issue "through channels that are acceptable" and prayed that "the issue is amicably resolved".

'Ladakh Made The World Wary Of China'

'Ladakh Made The World Wary Of China'

Rediff.com7 Nov 2024

'While my generation carries with it the memory of the Chinese perfidy of 1962, this generation will carry the memory of Chinese perfidy in Galwan.'

Directorate of Arts okayed Shivaji statue model, but...: Officials

Directorate of Arts okayed Shivaji statue model, but...: Officials

Rediff.com30 Aug 2024

The directorate grants approval to the statues of iconic personalities if they are found to be carrying the facial and other physical features of those personalities well. The 35-foot statue of the Maratha empire founder, installed at Rajkot fort in Sindhudurg's Malvan tehsil and unveiled by Prime Minister Narendra Modi in December last year, collapsed on Monday.

V V S Laxman will continue as NCA chief: Jay Shah

V V S Laxman will continue as NCA chief: Jay Shah

Rediff.com15 Aug 2024

V V S Laxman's tenure ends in September but he is set to continue as the NCA chief, confirmed BCCI secretary Jay Shah.

Rocket tails recovered after drone, missile attacks in Manipur: Police

Rocket tails recovered after drone, missile attacks in Manipur: Police

Rediff.com10 Sep 2024

The Manipur police dismissed the claims of Lt Gen PC Nair, a retired DG of Assam Rifles, in a recent media interview that no drones or rockets have been used in the attacks.

Tomato price volatility exposes gaps in India's agriculture supply chain

Tomato price volatility exposes gaps in India's agriculture supply chain

Rediff.com26 Oct 2024

Tomato prices have been on the boil for more than a month. Data from major cities show that the spike has been between 125 and 150 per cent at the wholesale level. Soaring vegetable prices, including tomatoes, pushed the retail inflation rate to a nine-month high of 5.49 per cent in September, according to government data. Though reports say prices are expected to come down in the next few weeks after supplies improve from Madhya Pradesh and Himachal Pradesh, how long will the respite last is anybody's guess.

Did You Know About Tatas' China Link?

Did You Know About Tatas' China Link?

Rediff.com17 Oct 2024

The Tata Group is one of the very few Indian MNCs which has carved out a niche in China's highly competitive market, notes Rup Narayan Das.

Recipe: Taruna's Pineapple Kesari

Recipe: Taruna's Pineapple Kesari

Rediff.com5 Sep 2024

'Rava roasted in shudh desi ghee, garnished with saffron and cardamom, sweetened with sugar or jaggery is heaven on a plate' says Taruna.

India to award leases to top up strategic oil reserves amid Gulf tensions

India to award leases to top up strategic oil reserves amid Gulf tensions

Rediff.com17 Oct 2024

State-owned Indian Strategic Petroleum Reserves Ltd (ISPRL), which operates India's strategic crude oil storage, will make awards by December to lease around 1 million tons of crude oil storage space (7.3 million barrels) at two of the country's three existing Strategic Petroleum Reserves (SPRs), around a fifth of the total SPR capacity. This will enable the refilling of crude caverns even as escalating hostilities in the Gulf threaten disruptions in crude supplies, two industry sources said.

IAF to procure 126 LCAs

IAF to procure 126 LCAs

Rediff.com26 Nov 2005

The aircraft would be procured somewhere around the end of this decade and no specific deadline is set for it.

Radical preacher Amritpal's brother arrested in drug case

Radical preacher Amritpal's brother arrested in drug case

Rediff.com12 Jul 2024

Radical Sikh preacher and Khadoor Sahib MP Amritpal Singh's brother Harpreet Singh has been apprehended by Jalandhar police in a drug case, a senior police official said on Friday.

Dev Anand Would Be 101 Today!

Dev Anand Would Be 101 Today!

Rediff.com26 Sep 2024

Did you know Dev Anand worked as a clerk at a salary of Rs 85 before he became an actor?

Govt nod to buy 97 more Tejas LCAs, 156 choppers worth Rs 2.23 lakh cr

Govt nod to buy 97 more Tejas LCAs, 156 choppers worth Rs 2.23 lakh cr

Rediff.com30 Nov 2023

The defence ministry said 98 per cent of the total procurement worth Rs 2.23 lakh crore will be sourced from the domestic industries.

Investors cheer as dairy stocks turn cash cows

Investors cheer as dairy stocks turn cash cows

Rediff.com18 Jul 2024

As milk prices rise, analysts have an optimistic view on dairy stocks such as Heritage Foods and Dodla Dairy, hoping the companies' margins will grow in the near to medium term. From a long-term perspective, they believe that a growing population, increasing disposable income and health consciousness will strengthen dairy consumption in India.

Over 10K cops deployed for I-Day security in Delhi; heavy vehicle banned

Over 10K cops deployed for I-Day security in Delhi; heavy vehicle banned

Rediff.com15 Aug 2024

All borders of the national capital will be sealed for the entry of commercial and heavy vehicles by Thursday midnight apart from heavy police deployment, they said.

Wheat procurement still off target

Wheat procurement still off target

Rediff.com14 Jun 2007

After a slow start, the Central government's wheat procurement scheme picked up momentum in June with the agencies collecting 10.80 million tonne wheat from farmers during the season.

Trade on road to recovery but Indian firms tread cautiously

Trade on road to recovery but Indian firms tread cautiously

Rediff.com12 Oct 2024

Truck movements across the India-Bangladesh border are on the rise, with increasing rentals signalling a trade recovery between the two South Asian nations. Yet, geopolitical tension looms large, with Bangladesh now under an interim government for nearly two months.

Parrikar unveils Defence Procurement Procedure

Parrikar unveils Defence Procurement Procedure

Rediff.com28 Mar 2016

'With the new DPP, there will be greater transparency and faster clearances.'

Probe how celebs procured anti-Covid drugs: HC to Maha govt

Probe how celebs procured anti-Covid drugs: HC to Maha govt

Rediff.com27 May 2021

The Bombay high court on Thursday directed the Maharashtra government to investigate how celebrities and politicians procured anti-COVID-19 drugs and injections to help those in need when the same were available only in scarce quantities across the country.

Imports of pulses may dip in FY25 on good monsoon

Imports of pulses may dip in FY25 on good monsoon

Rediff.com12 Aug 2024

After climbing to the highest level in more than five years to 4.7 million tonnes in FY24, India might import fewer quantities of pulses this financial year at 4-4.5 mt on the back of good monsoon and higher domestic production, Bimal Kothari, chairman of India Pulses and Grains Association (IPGA), said in New Delhi on Friday. Kothari was addressing reporters on the sidelines of a seminar on pulses titled "Bharat Dalhan-2024".

SC rejects CBI submission on Kejriwal's bail plea

SC rejects CBI submission on Kejriwal's bail plea

Rediff.com13 Sep 2024

A bench of Justices Surya Kant and Ujjal Bhuyan, however, said there can be no straitjacket formula which enumerates that every case concerning the consideration of bail should depend upon the filing of a charge sheet.

Procurement: World Bank offers help

Procurement: World Bank offers help

Rediff.com10 Nov 2006

World Bank on Friday offered to help India to improve its public procurement system and said even a marginal improvement in efficiency can yield huge savings.

'Drone followed us and dropped an explosive'

'Drone followed us and dropped an explosive'

Rediff.com4 Sep 2024

Drones are a new technology added recently to the weapons used in the violence between the two large ethnic groups -- Meitei and Kuki -- in the northeastern state, which left over 200 people dead since May last year.

Pulwama attack: IED chemicals were procured online, 2 more held

Pulwama attack: IED chemicals were procured online, 2 more held

Rediff.com6 Mar 2020

Waiz-ul-Islam, 19, of Srinagar's Bagh-e-Mehtab locality and Mohammad Abbass Rather, 32, of Hakripora village in Pulwama district were arrested by the NIA, the official said.

IAF chief justifies govt decision to procure 36 Rafale jets

IAF chief justifies govt decision to procure 36 Rafale jets

Rediff.com12 Sep 2018

Air Chief Marshal B S Dhanoa said that no country in the world is facing the kind of grave threat that India is confronted with.

Procurement outsourcing set to boom

Procurement outsourcing set to boom

Rediff.com16 Dec 2005