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Limited choices in strategic partners in defence

The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance......

Anil Ambani to withdraw defamation suit against Cong

Anil Ambani's Reliance Group has decided to withdraw the Rs 5,000-crore civil defamation suits filed in an Ahmedabad court against Congress leaders and National Herald newspaper over their......

Yogi's pet projects: Tall promises, slow delivery

Beyond announcements and optics, key projects have hardly moved under the Yogi government, reports Virendra Singh Rawat. IMAGE: Uttar Pradesh CM Yogi Adityanath with SpiceJet chairman Ajay Singh.......

Reliance Defence to service US Navy's Seventh Fleet

Months after India and the United States signed a key logistics pact, Reliance Defence and Engineering on Monday announced an agreement with the American Navy for repair and alteration services for......

Reliance Defence, Russian USC to build missile systems

Reliance Defence Limited and Russia's leading developer and manufacturer of Air Defence Missile Systems 'AlmazAntey' have decided to work jointly on the entire range of Air Defence Missile and......

India Inc sends mixed signals on H2FY25 capex path

After subdued earnings in the first half amid global headwinds, India Inc is taking a cautious approach on their capital expenditure (capex) for the second half of the financial year ending March......

Reliance Infra cuts standalone debt by 87%; shares surge 20%

Anil Ambani's Reliance Infrastructure Ltd has slashed its standalone debt by 87 per cent to Rs 475 crore after it cleared outstanding dues of Life Insurance Corporation of India, ICICI Bank and......

Anil Ambani reviewing securities market ban, to take appropriate steps

Reliance Group chairman Anil Ambani is reviewing "appropriate" options after the Securities and Exchange Board of India (Sebi) banned him from the stock markets and imposed a Rs 25-crore fine for......

Adani, Tata eye bigger pie in Mumbai power distribution

As Mumbai’s real estate and electric vehicle penetration grows, two of the city’s private power distribution companies, Adani Electricity and Tata Power, are eyeing a bigger business......

Power stocks to stay charged as heat wave sweeps India, say analysts

As temperatures soar across the country, amid searing heat wave, analysts see power demand hitting fresh record highs this year. Illustration: Dominic Xavier/Rediff.com The time, therefore, may be......

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