India has encashed a guarantee of over Rs 250 crore deposited by AgustaWestland in a bank in New Delhi even as it is preparing to file an appeal against an Italian court's stay on its move to......
The Defence Ministry on Tuesday approved the procurement of Rs 8,357 crore worth of military platforms and hardware, including air defence fire control radar and GSAT-7B satellite. The procurement......
The armed forces will have to source military hardware under the modernisation drive from the domestic industry and their import should only be an exception, the defence ministry said on Monday,......
The defence ministry has scrapped the Rs 2,700 crore deal for acquiring two minesweeper vehicles from a South Korean firm after it was found that there were violations of tender conditions as......
Italian prosecutors have "shelved" proceedings against defence major Finmeccannica, the parent firm of AgustaWestland, saying it had nothing to do with the alleged corruption in India's Rs......
Steps such as safeguard duty in the works to plug the route A month after Goods and Services Tax (GST) roll-out, a sudden deluge of gold imports from free trade partner South Korea has alarmed New......
Last week's panic in financial markets finally forced European policy-makers into taking decisive action. Convinced that inertia would potentially lead to the collapse of the euro itself, European......