Ordinance scam: CBI seeks blacklisting of 6 firms

The Central Bureau of Investaigation has asked the defence ministry to blacklist six firms, including four international ones, for their alleged involvement in the Ordnance Factory Board scam.......

Govt mulls over cooling off period for defence officers

The government will "seriously" consider a proposal to bar senior officers of defence forces from taking up private job for five years after retirement, the Rajya Sabha was told on Wednesday......

Tatra deal: 'We are clean... we have nothing to hide'

Against the backdrop of controversy over Tatra truck deal, the central government on Wednesday told the Rajya Sabha the purchases were made as per the requirement raised by defence forces and......

Defence Ministry goes easy on blacklisted firms

The Defence Ministry has decided that it will allow blacklisted companies to participate in field trials for defence contracts where there are multiple vendors till the time they are under probe.......

Sick government firms can get into real estate

The booming real estate market in India has caught the attention of the Board for Reconstruction of Public Sector Enterprises as a route for reviving sick public sector units. BRPSE's new chairman......

HMT selloff to take retail route

The Centre has decided to jettison the strategic divestment route for Hindustan Machine Tools Ltd and instead place its shares in the stock market for retail investment.Also ReadThe Divestment......

Ministry seeks report on PSU sell-off

In a bid to push more stocks of public sector companies in the bourses, the divestment ministry has written to several ministries to provide a status report on the progress made in divesting their......

Industrialist Vinod Doshi passes away

Industrialist Vinod L Doshi passed away after a protracted illness atMumbai's Jaslok Hospitalon Monday evening.He was 76 and is survived by wife Saryu Doshi, anart scholar, and son Maitreya.Doshi,......