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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......

At 1,662 cr, Cong leads with corporate donations

When a senior minister in Uttar Pradesh makes a statement such as 'steal a little, but don't loot', then this bit of data regarding corporate donations to political parties in the past three years......

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......

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......

'The real farmer doesn't go out to agitate'

'Most of the agitations are staged by the Opposition to disturb the peace of the state.' IMAGE: A bus in flames after it was torched by farmers on the Bhopal-Indore highway in Dewas, Madhya......

US firm, Punj Lloyd to form nuclear fuel tech JV

Thorium Power, a US-based nuclear energy company, has signed an agreement with Punj Lloyd, one of the leading engineering and construction companies in India, to form a joint venture. The JV will......

Punj Lloyd-Thorium JV to pump in $1 bn

Infrastructure player Punj Llyod and US-based Thorium Power, which signed an MoU last month to form a 50:50 joint venture company for exploring commercial nuclear power opportunities, are targeting......

Punj Lloyd forms JV in Saudi Arabia

Punj Lloyd Ltdsaid on Monday it has entered into a joint venture with Kingdom of Saudi Arabia to form ajoint venturecompany with a share capital of two million Saudi Riyals.Punj Lloyd would hold 49......

Adani enters aircraft maintenance with Air Works buyout

The maintenance, repairs and overhault firm, which has six investors, received its first external funding from GTI Group and Punj Lloyd in 2007. All existing investors will exit the company......

Electronic toll payment along the highways

Engineering and construction major Punj Lloyd on Monday said it has entered into a pact with Malaysia's Hopetech, an automated revenue collection solution provider, for electronic tolling on......

Chandhok adds to points tally

India's Karun Chandhok added to his points score in the fourth race weekend of the 2008 GP2 Series at Magny-Cours in France on Sunday. The 24-year-old from Chennai, who prior to the race weekend,......

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