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Approval Of Defence Acquisition Council

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Govt nod for 12 Su-30 MKI fighter jets among defence buys worth Rs 45K cr

The defence ministry on Friday cleared procurement of various weapons systems and platforms including Dhruvastra short range air-to-surface missile and 12 Su-30 MKI fighter jets at a cost of around......

Govt okays maritime aircraft among Rs 84,560-cr defence buy

India on Friday approved defence big-ticket acquisition projects worth Rs 84,560 crore that included procurement of mid-air refuellers, maritime reconnaissance aircraft, heavy weight-torpedoes, air......

India clears defence acquisition plans worth Rs 4,444 cr

The Defence Acquisition Council on Wednesday approved proposals worth Rs 4,444 crore, including the purchase of four helicopters for survey vessels at Rs 2,324 crore, but deferred a decision on a......

IAF thrilled as Russia's S-400 shoots down 80% of aircraft during drill

The Sudarshan S-400 air defence missile system achieved a major success in a recent exercise where it 'shot down' 80 percent of the 'enemy' fighter aircraft package while forcing others to retreat,......

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

India on Thursday accorded an initial approval to defence acquisition projects worth Rs 2.23 lakh crore that included procurement of 97 Tejas light combat aircraft and 156 Prachand combat......

Praful Patel questions barring PSUs from mega IAF tender

Upset over IAF's decision to bar PSUs like HAL from participating in a mega tender, Union Heavy Industries Minister Praful Patel has questioned why state-run units were being kept out and demanded......

New rules for India's billion-dollar arms game

The long wait for the global arms industry is drawing to a close. Top sources in the Ministry of Defence have confirmed to Business Standard that a revamped policy for defence procurement and......

Govt revises FDI norms to shield firms from takeover

The government on Saturday made its prior approval mandatory for foreign investments from countries that share land border with India to curb 'opportunistic takeovers' of domestic firms following......

No pressure on govt for acquisition of A-I, IA pla

The government on Monday denied any pressure on it regarding selection and procurement of aircraft for the Indian carriers.It said it was considering Indian Airlines' proposal for fleet......

PMO moots sweeping powers to regulate FDI

The Prime Minister's Office has sought the opinion of various ministries for creating an umbrella legislation that would empower the government to suspend any foreign investment in sensitive......

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