Saab eyes make in India route for short-range missiles

India is looking for a VSHORAD system to replace its ageing system from Russia and would be sourcing more than 5000 missiles and 1200 launchers, reports Gireesh Babu.  The new generation......

Aero Awesome: Stunning display over Bengaluru skies

The big birds have flocked at the 11th edition of the international aerospace and defence exhibition -- Aero India 2017 -- at the Air Force Station, Yelahanka in Bengaluru. One of the most sought......

AAP releases first list of 20 candidates for Lok Sabha polls

Aam Aadmi Party on Sunday released its first list of 20 candidates for Lok Sabha elections, pitting Kumar Vishwas from Amethi, Rahul Gandhi's seat, and former banker Meera Sanyal and social......

Citi joins list of foreign banks scaling down India ops

Citi Bank on Wednesday joined the list of foreign banks that have exited the retail banking business in India as the US-based banking giant announced selling its consumer banking portfolio to Axis......

How RBI can prevent frauds

Historically, the RBI has tried to keep the crooks at bay by issuing a circular a day.What it needs is more onsite supervision.Merely checking high-frequency data with the help of technology is......

SBI, 25 other major Indian banks figure in suspicious transactions list

Banks say they themselves red-flagged the transactions to RBI. It must be noted that these transactions are not outright evidence of fraud or proof of nefarious activities. Illustration: Uttam......

LGBT verdict: Will India Inc manage to walk the talk?

For most companies this would mean extending medical coverage to same-sex partners, say legal experts. The Supreme Court judgement decriminalising certain sections of 377 of the Indian Penal Code......

Credit crunch weighs on Monaco GP

Indian magnate Vijay Mallya refuses to let the global credit crunch cramp his style, even if other high rollers may be keeping a lower profile at this weekend's Monaco Grand Prix. The aviation,......