The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......
Navy chief Adm. Sunil Lanba said that by 2050, India will have 200 ships, 500 aircraft. IMAGE: Chief of the Naval Staff Admiral Sunil Lanba at a press conference in New Delhi. Photograph:......
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.Ajai Shukla reports. After a significant delay caused by the general election, the navy on......
The Defence Ministry on Friday cleared a mega project to domestically build six conventional submarines for the Indian Navy at a cost of around Rs 43,000 crore, in a major decision aimed at......
A prototype of the Naval variant of the indigenously developed Light Combat Aircraft (LCA) on Monday undertook its maiden landing on board aircraft carrier INS Vikrant, in a feat described by the......
The Reserve Bank of India's action against Reliance Capital comes at a time when the Anil Ambani group was planning to make a comeback with the group company, Reliance Infrastructure, raising funds......
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and......
With the Indian economy slowing down, top companies are now eyeing the 'recession-proof' defence sector to prop up their top line. Indian companies like Larsen and Toubro, Reliance Industries Ltd......