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India, US begin Yudh Abhyas mega military drill in Uttarakhand

 The armies of India and the US on Tuesday began an over two-week mega military exercise at a military facility in Uttarakhand with the aim of exchanging best practices and tactics in sync with......

How Parrikar Broke the Rafale Logjam

 'It was Parrikar's sharp insights into finance and international systems that stood out when India -- at his suggestion--decided to procure the Rafale combat jets from France.'Read on for an......

CCS nod for Rafale given 16 months after announcement by Modi in France

 Minister of State for Defence Subhash Bhamre said the cost of each Rafale aircraft is approximately Rs 670 crore. The Cabinet Committee on Security had cleared the Rs 58,000-crore Rafale deal in......

Govt probing complaints in mega combat aircraft deal

 The government is looking into the complaints about the procedure to determine the winner of the multi-billion dollar combat aircraft deal, Defence Minister A K Antony said on Thursday while......

Has the fizz gone out of the Bangalore air show?

 Will Aero India 2013, the aeronautical jamboree that kicks off in Bangalore on Wednesday, be relatively subdued? Since 2005, zing has been imparted to successive versions of this biennial air show......

DIPP proposes downstream route to bypass FDI caps

 The commerce & industry ministry has come out with a solution to the vexed issue of allowing 49 per cent foreign direct investment in multi-brand retail. It has floated a proposal thatforeign......

Defence ministry opposes hike in FDI limit

 The ministry of defenceplans to oppose a proposal from the ministry of commerce and industryto allow foreign defence corporations to establish fully-owned defence units in India. The new......

EADS to open R&D centre in Bangalore

 European military consortium EADS Defence and Security on Tuesday said it will open a research and development centre in Bangalore within two years that will provide employment to 200 Indian......

India's aerospace industry to boost economy

 Defence offsets will quicken the pace of India's high-growth aerospace industry, says Toby Simon. From Wright Aeronautical Company to Rolls-Royce, private companies have played a part in shaping......

'Huge potential in India's defence-related biz'

 Larsen & Toubrochairman and managing director AM Naik speaks to Business Standard's Nevin John and PB Jayakumar on the new joint venture with global defence giant EADS andother plans. Excerpts:......

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