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Govt clears mega naval plan to build 6 submarines for Rs 43,000 crore

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......

Air Force gives RFP for basic trainer HTT40 to HAL

State-run aerospace behemoth Hindustan Aeronautics Ltd (HAL) on Thursday said it has received a Request for Proposal (RFP) from the Indian Air Force for basic trainer HTT-40.  ......

Why the Indian Navy isn't ready for war

There is concern about the poor state of readiness of the navy's 140 warships which face severe shortages in sonar equipment, helicopters and torpedoes, reveals Ajai Shukla. IMAGE: Advance air......

India to begin bidding for 6 submarines worth Rs 55,000 cr by Oct

India is all set to launch the bidding process by next month for a Rs 55,000-crore mega project to build six conventional submarines for the Indian Navy to narrow the gap with China's growing naval......

HAL's Light Combat Helicopters deployed for operations in Leh

The Hindustan Aeronautics Limited said on Wednesday two Light Combat Helicopters (LCH) produced by it have been deployed for operations at high altitude (Leh sector) at short notice to......

Govt has received 3 bids for BPCL: Oil minister

The government has received three preliminary bids for buying of controlling stake in India's second-largest fuel retailer Bharat Petroleum Corporation Ltd (BPCL), Oil Minister Dharmendra Pradhan......

Vedanta confirms bidding for govt's stake in BPCL

Mining conglomerate Vedanta has put in a preliminary expression of interest (EoI) for buying the government's stake in Bharat Petroleum Corp Ltd (BPCL), for which a major foreign player too is said......

How Kerala 'lost' the battle against Adani

Court documents show that the Kerala government, whose case was treated as the ‘lead case’ among all the petitions filed against Adani, made four allegations to convince the court to......

Bharat Petroleum likely to sell 7.3% treasury stock in bulk deal

Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore. The management of Bharat Petroleum Corporation (BPCL) on Monday......

Govt to sell 15-20% stake in Railway arm

The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent. The government plans to sell about 15-20......

2036 Olympics in Ahmedabad's Narendra Modi stadium?

IMAGE: The Narendra Modi stadium in Ahmedabad. Photograph: BCCI The Ahmedabad Urban Development Authority (AUDA) on Wednesday invited proposals from consultants to conduct a 'gap analysis' to......

BCCI to invite fresh tender for apparel contract

IMAGE: The BCCI Apex Council met on Friday to decide on a number of issues. Photograph: PTI The  Board of Control for Cricket in India (BCCI) will soon invite fresh tender for national......

BCCI incorporates strict guidelines for IPL Opening Ceremony

IMAGE: Actress Anushka Sharma performs during the opening ceremony of the Indian Premier League’s eighth edition. Photograph: BCCI The Indian Cricket Board has incorporated strict......

CWG scam: Bhanot and Verma arrested

Former Commonwealth Games Organising Committee Secretary General Lalit Bhanot and OC Director General V K Verma were on Wednesday arrested by the CBI in connection with alleged irregularities in......
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