Government finalises policy to allow private investment in defence

The Defence Acquisition Council on Saturday finalised the broad contours of a much-awaited policy under which select private firms will be roped in to build military platforms like submarines and......

Why India still hasn't built a combat vehicle

Defence ministry incompetence hobbles development of battle-taxis for the Indian Army, discovers Ajai Shukla. IMAGE: The Future Infantry Combat Vehicle project was approved in 2008, but has seen......

Israel offers help in Ganga cleaning project

Israel has expressed interest in sharing its expertise on water purification and waste water treatment under Prime Minister Narendra Modi's pet project for cleaning river Ganga. The Centre had set......

Mining firm Vedanta made 'illegal' political donations?

Vedanta Resources, which was pulled up for its role in the mining scam in India, is under the scanner yet again. This time for making a contribution of Rs 28 crore made to political partiesin the......

ED books Dr Naresh Trehan, others for money-laundering

The Enforcement Directorate (ED) has filed a money-laundering case against renowned cardiologist Dr Naresh Trehan and others in connection with allotment of land for the Medanta Hospital in......

Corporate earnings take a big knock in Q3

Analysts attribute this fall to the recent moderation in energy (mainly crude oil) and commodity prices, lowering of input costs for companies in sectors such as FMCG, consumer durables, and......

Sensex gains 84 points at close on F&O expiry

Gains were led by realty, power, oil & gas, consumer durables and capital goods stocks. A general restraint prevailed in the stock market on Thursday with all eyes on GDP data for the June quarter......

Warburg Pincus ups India play

Invests $1.1 billion in 6 months, against $3.7 billion in 20 years Private equity (PE) giant Warburg Pincus has fast-paced investments in India and deployed $1.14 billion in the past six months,......

Barker, El Shorbagy shock top seeds to enter semis

Fifth seed Peter Barker of England upset top seed Ramy Ashour of Egypt 11-13, 11-7, 11-8, 11-1 in 45 minutes in the quarter-finals of the Punj Lloyd PSA Masters 2011 at Siri Fort Sports Complex in......

Squash rankings: Pallikal rises to career-best 27

Dipika Pallikal equalled the highest ranking ever achieved by an Indian women squash player when she obtained a career-best 27th rank in the Women's International Squash Player's Association......

Jenny, Kasey set up title clash in WISPA Masters

Top seed and world number two Jenny Duncalf of England survived some early challenge before edging past third seed Camille Serme of France 3-2 in the semi-finals of the Punj Lloyd WISPA Masters......

Indian challenge ends at Punj Lloyd

India's top ranked female player Dipika Pallikal put up a spirited display before going down 2-3 to second seed Kasey Brown of Australia in the quarter-finals of the Punj Lloyd WISPA Masters 2010......

Pallikal in quarters, Chinappa and Ghosal bow out

India's top-ranked female player Dipika Pallikal kept the tri-colour fluttering by progressing into the quarter-finals of the women's singles squash event, even as compatriots Saurav Ghosal and......