The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......
The warships will be armed with BrahMos supersonic cruise missiles which can reach targets 295 km away.Ajai Shukla reports. After a significant delay caused by the general election, the navy on......
A prototype of the Naval variant of the indigenously developed Light Combat Aircraft (LCA) on Monday undertook its maiden landing on board aircraft carrier INS Vikrant, in a feat described by the......
In line with the government's vision of 'Aatmanirbhar Bharat', the ministry of defence on Thursday signed contracts with Indian shipyards for the acquisition of 11 next generation offshore patrol......
There were 35 defects that still remained to be resolved.Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being......
The Reserve Bank of India's action against Reliance Capital comes at a time when the Anil Ambani group was planning to make a comeback with the group company, Reliance Infrastructure, raising funds......
Finance Minister Nirmala Sitharaman's Rs 30,600 crore government guarantee for the bad bank has changed the body language of bankers for the better, observes Tamal Bandyopadhyay. IMAGE: Finance......
The success of Anil Ambani's ambitious defence plan will depend partly on whether he can persuade government officials and international partners that he can build sophisticated equipment and......
With the Indian economy slowing down, top companies are now eyeing the 'recession-proof' defence sector to prop up their top line. Indian companies like Larsen and Toubro, Reliance Industries Ltd......