Is This What India Will Spend On Defence?

Going by this Budget's estimate of government spending of Rs 48.2 trillion, the government has allocated a significantly lower percentage to defence -- 12.9 per cent. IMAGE: The light tank Zorawar......

India to buy 200 BrahMos, MiG 29 engines in Rs 39K cr deal

India on Friday sealed five major defence acquisition contracts worth Rs 39,125 crore including procurement of BrahMos supersonic cruise missiles, radars, weapon systems and aero-engines for MiG-29......

First US Navy ship arrives at TN port for repairs after Indo-US pact

US Navy Ship Salvor, a Safeguard-class rescue and salvage ship, arrived at Larsen and Toubro's Kattupalli shipbuilding yard near Chennai for repairs under the master ship repair agreement signed......

A Lot At Stake For India In US' Indo-Pacific Strategy

India is increasingly a willing participant in the evolving US' Indo-Pacific strategy.While these developments are related to the perception of a growing Chinese security challenge, their......

Larsen & Toubro's rich valuations leave little room for disappointment

Larsen & Toubro (L&T) disappointed the Street with its results for the January-March quarter of the 2022-23 financial year (Q4FY23) due to weaker core engineering & construction (E&C) segment......

'Banks will continue infrastructure projects financing'

'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.' Kindly note the image has been published only for representational......

A good year for Larsen and Toubro

Larsen and Toubro (L&T) is one company which seems to be bucking the slowdown trend. The engineering and construction behemoth has projected an order book of Rs 66,000 crore (Rs 660 billion) by......

How Larsen & Toubro got it wrong

J P Nayak, president of Larsen and Toubro, was upset when he came out of the banquet hall of Taj President in Mumbai after the nerve-wracking final bid for Satyam. He had a few words with his......

PIX: India's largest hockey stadium

Photograph: Kind courtesy Hockey India/Twitter Cranes lifting heavy material, dusty roads leading up to the site, people in safety jackets and helmets doing their work amid heaps of sand and......