The Vedanta group on Wednesday confirmed putting in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL).
Troops stationed at the Siachen Glacier can look forward to better resource mobilisation as the Indian Air Force is procuring 12 new light helicopters for deployment there.
The feat was achieved days after the Indian Air Force successfully did a dry run of mid-air refuelling using the Russian-built IL-78 MKI tanker.
The Indian Air Force is planning to induct 20 more Hawk Advanced Jet Trainer aircraft from the British BAE Systems for its aerobatic team Surya Kiran which has been grounded since last year.
The navy finds itself fighting for relevance, with navy planners lamenting that its share of the budget has dropped dramatically.
In one of the world's largest tenders for multirole helicopters, the Indian Navy is planning to procure more than 75 such choppers at an estimated cost of over $4 billion to meet the demand of its expanding area of operations.
Rahul Bedi reports on the defence ministry's decision to seek a long-pending replacement for the INSAS assault rifle for its troops
The contract has been signed with Pipistrel for 'Virus FW80'. The Indian version of the aircraft will be known as 'Garur'. The deal is valued at Rs 105.5 crore, defence sources said.
HCL Infosystems has denied its association with Sakshat project of the ministry of human resource development to manufacture access and computing device to be priced $35 a piece.
They said the decision to retract the RFP was taken after the DRDO expressed confidence of producing the ATGMs.
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.
As of December 2010, the bank's total outlets, including branches, stood at 5,017. Its ATM network stood at 2,516 units.
Domestic information technology services majors Tata Consultancy Services, Wipro Technologies and Tech Mahindra and global players like IBM and Japan-based NEC are among the 10 shortlisted companies for the Nandan Nilekani-headed Unique Identification Authority of India biometrics job.
The government intends to disinvest 5 per cent stake in PFC, while the company would issue fresh shares to the tune of 15 per cent through the follow-on public offer.
The contract, according to the sources, include two different components - one for mainframe and IT infrastructure support and management.
French Defence Minister Jean-Yves Le Drian will hold talks with his Indian counterpart Manohar Parrikar on Tuesday.
After four failed attempts in the last 25 years, the Army has issued a fresh global tender for 400 towed artillery howitzers, the first to be acquired after the controversial Bofors deal.
The ripples of inflexible labour laws and active labour unions -- which affected information technology outsourcing by European countries, especially France and Germany -- are now being felt in the Nordic region, too. Recently, protests by the staff union forced Handelsbanken, a leading Swedish bank, to award the IT outsourcing contract to a local company after cancelling plans to award the contract to an Indian Tier-I vendor.
The Indian Cricket Board has incorporated strict guidelines in their 19-page 'Request For Proposals' (RFP) from interested companies.
The Department of Posts has decided to hire a professional agency to prepare a roadmap for its proposed banking initiative.
The Divestment Department in the Finance Ministry has invited Request for Proposals for book running lead managers for the issues.
The government is selling its entire 100 per cent stake in Air India but wants effective control to stay with Indian nationals.
The land of baseball and basketball would soon get a taste of Twenty20 cricket with the USA Premier League taking a concrete shape towards reality.
Four companies, including India's largest private sector electricity generator Tata Power and infrastructure major Larsen & Toubro Ltd, chose not to bid for the Rs 16,000-crore ultra mega power project (UMPP) in Tilaiya in Jharkhand even as Reliance Power, Lanco Infratech and NTPC Ltd, the country's largest power producer, submitted their technical bids.
Several Indian and international aviation and logistics companies such as Air India, Singapore Airport Terminal Services, Menzies, Bobba, Swissport, Bird Group and Worldwide Flight Services have responded, individually or through tie-ups with each other, to two requests for proposals to set up a new cargo facility at Delhi airport and upgrade the existing one. The RFPs were sent by Delhi International Airport Limited, the GMR-led consortium that is modernising the airport.
The top court said the government wants to tap citizens' WhatsApp messages and sought its response within two weeks.
The Indian Air Force prides itself as being the fourth largest in the world. As IAF gets set to enter an era of modernisation, rediff.com gives you a peek inside its hangars.
India had released the tenders -- Request for Proposals in defence parlance -- in May this year for 22 combat helicopters to augment its fleet of around 30 Mi-25 and Mi-35 attack helicopters. Of the six global players asked to submit their bids within three months, India received proposals from the Russian Kamov and Mil, Italian-British AgustaWestland and French Eurocopter.
Ahead of the 3G spectrum allocation process, the government would invite request for proposals for rolling out mobile number portability. Government had recently announced the guidelines for 3G spectrum and MNP, and had allowed foreign players to take part in the next generation telecom space.
Inadequate funding and non-viability of some projects have forced several leading infrastructure development firms to stay out of bidding for over 13 highway projects worth over Rs 12,500 crore (Rs 125 billion).
The cost of the project will be Rs 21,738 crore, the sources said.
Along with HAL, Boeing intends to involve the Mahindra Group in building Super Hornets in India.
This is the third time this month that the national carrier has invited bids for leasing out aircraft.
An official statement said that the successful execution of arrested landing will pave the way for this indigenous platform to undertake Aircraft Carrier landing demonstration onboard the Indian Naval Aircraft Carrier, Vikramaditya.
Anil Ambani Group company Reliance Energy, top conglomerate Tatas and engineering giant L&T are among the shorlisted bidders for upgradation of Amritsar and Udaipur airports, financial bids for which will be invited by month-end. Airport Authority of India (AAI) had shortlisted five bidders each for the two airports. AAI will invite the request for proposals by month end and the outcome of this will be known possibly by middle of June. Fraport and Lanco are also shortlisted.
The government has cleared the indigenous construction of seven stealth frigates and six nuclear-powered submarines to bolster naval power.
Air Chief Marshal B S Dhanoa calling the FOC a 'major milestone'.
Confident of signing the much delayed USD 10 billion (Rs 62,120 cr) contract for Rafale fighter jets with India "soon", French Defence major Dassault on Thursday said its pricing remains the same from day one and it has not wavered from the request for proposal.
Nasscom and the Chinese government have given the task of creating a matchmaking platform to Zeta-V, set up in June 2017 in Shanghai by Sujit Chatterjee, former CEO of TCS China, and Rangarajan Vellamore, former CEO of Infosys China.
There has been no fresh induction of artillery guns since the infamous Rs 1,437-crore Bofors deal, under which 410 155mm 39-calibre field Howitzers were bought in 1986.
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