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......

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......

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......

HSBC's takeover of RBS India assets falls through

A proposed acquisition by global banking giant HSBC of another UK-based bank RBS' Indian retail and commercial banking business has failed to fructify, as the transaction deadline expired on Friday......

HSBC acquires RBS' India biz worth $1.8 bn

The Hongkong and Shanghai Banking Corporationon Friday announced it will acquire the Indian business of Royal Bank of Scotland worth $1.8 billion, a move that will help the British giant gain......

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......

RBS to close 23 of 31 branches in India

Royal Bank of Scotland said it had started the process of consolidating its retail and commercial banking business in India and would close 23 of its 31 branches across the country. The process is......