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......

Coming soon! Next-Gen warships

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......

Wah! Army gets huge firepower!

'Landmark developments herald the end of two decades of stagnation in the army's modernisation plans,' notes Brigadier Gurmeet Kanwal (retd). IMAGE: K-9 Vajra, a self-propelled artillery gun,......

Exclusive! Manohar Parrikar on his plans for India's defence

'The armed forces have been given clear indication that they have to give priority to Make in India and indigenisation and dependence on foreign source should be reduced.' 'Almost Rs 90,000 crores......

We plan to capture just 4% of market in 4 years: Prestige Estates' Irfan Razack

'Layoffs and cut downs at the global level tend to bring more work to India, leading to higher office absorption here.' Photograph: Danish Siddiqui/Reuters Bengaluru-based Prestige Estates......

Vi plans to get back in the game but fundraising a challenge

Vodafone-Idea is working on a multi-pronged strategy to begin its long journey to get back in the game but much hinges on how much money it can raise following the government’s decision to go......

Air India seeks help for selling securities of its PF trusts

Divestment-bound Air India is looking to sell securities of its two provident trusts AIEPF and IAEPF, and has sought applications for transaction advisors to help with the proposed sale of the......

Why LIC IPO is unlikely this fiscal

A lot of work is needed to be done on the part of the insurance sector behemoth, and the government, before it is ready for its market debut. The much-awaited initial public offering (IPO) of Life......