Defence: Modi Sarkar's Hits and Misses

'The procurement cycle still consumes too much time; little has changed.''There is still no level playing field for the private sector.' IMAGE: Prime Minister Narendra Damodardas Modi addresses......

MoD scraps plans for Raksha Udyog Ratnas

The Ministry of Defence has decided to retain decades-old barriers against allowing India's private sector a meaningful role in defence production. Minister of State for Defence Production MM......

'Govt to implement report on promotions'

Observing that high-level promotions in the armed forces have been "unduly delayed", Defence Minister A K Antony on Wednesday said the government proposes to implement at the earliest the second......

India clears decks for purchase of 126 fighter jet

India on Friday cleared the floating of its biggest ever global tender for purchasing 126 medium multi-role combat aircraft in a defence deal that could run up to a staggering Rs 42,000 crore......

Why extending retirees' tenure is unfair

The new government of Manmohan Singh has been making all the right noises since its formation on May 22. President Pratibha Patils address to Parliament has left nobody in doubt that Manmohan Singh......

'I want to build many MNCs within L&T'

A M Naik's children want him to "take it easy," but the chairman of the country's largest infrastructure firm, Larsen & Toubro, is still maintaining a hectic 18-hour-a-day routine. The 65-year-old......