The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......
The prospects of India becoming a credible manufacturer of defence platforms or major weapon systems for export are remote, says Vice Admiral Premvir Das (retd). IMAGE: The Indian Army's battle......
The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function......
Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......
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......
Billionaire investor Rakesh Jhunjhunwala is likely to pick up stake in Nikhil Gandhi-promoted Pipavav Defence and Offshore Engineering Company Ltd (Pipavav Shipyard) through convertible share......
Anil said the company is in the process of signing a contract with the Indian Coast Guard for the first defence order for 14 fast patrol vessels Reliance Defence and Engineering is also looking to......
While such buying could indicate confidence in the business, investors should do a comprehensive evaluation before getting into the stock. More promoters bought than sold shares of their own......
It is a tough call for investors in a company that is getting into corporate debt restructuring. On the one hand, there is a sense of relief because the company will get more time and, most likely,......
Benchmark shares indices rebounded from their day's lows to finally gain for the seventh straight session led by metals and select IT majors. The 30-share Sensex ended up 142 points at 29,462 and......