India, France to jointly develop jet, helicopter engines; to build submarines

India and France on Friday announced a raft of "ground-breaking" defence cooperation projects, including the joint development of jet and helicopter engines and the construction of three Scorpene......

PM lays foundation of facility to produce C-295 transport aircraft

Prime Minister Narendra Modi on Sunday laid the foundation stone of a manufacturing facility in Gujarat's Vadodara for the production of C-295 medium transport aircraft for the Indian Air......

IAF plane crunch worsens; Jaguar engine upgrade axed

With Honeywell demanding what Indian Air Force sources term an "exorbitant" price for F-125IN engines, the IAF has told HAL that it has abandoned its plan to upgrade 80 Jaguar fighters with new......

Govt approves procurement of military hardware worth Rs 13,165 cr

The defence ministry on Wednesday approved the procurement of military platforms and hardware worth Rs 13,165 crore that included 25 indigenously-developed ALH Mark-III helicopters for the Indian......

Go First's voluntary insolvency proceedings get tribunal's nod

The National Company Law Appellate Tribunal (NCLAT) on Monday upheld an NCLT order allowing crisis-hit Go First's voluntary insolvency resolution proceedings. Photograph: ANI Photo A two-member......

NCLT imposes moratorium on Go First's financial obligations

In a major relief to cash-strapped Go First, the National Company Law Tribunal on Wednesday admitted its plea for voluntary insolvency resolution proceedings and imposed a moratorium on the......

Jet employees' plea against sale of Bandra Kurla office dismissed

The National Company Law Appellate Tribunal (NCLAT) on Monday dismissed the petition filed by an employee association of debt-ridden Jet Airways, challenging the sale of two floors of office space......

HC stays order on winding up SpiceJet for 3 weeks

In a new development, the Madras high court has stayed its earlier order of winding up SpiceJet and the airline will soon initiate "appropriate remedial steps including preferring an appeal"......