The Cochin Shipyard Ltd on Thursday delivered the country's first indigenously-built aircraft carrier (IAC-1) to the Indian Navy which would induct and commission the vessel into service as the INS......
In New Delhi's corridors of power, debate continues on whether the navy even needs a third aircraft carrier, reports Ajai Shukla. IMAGE: The INS Vikrant. Photograph: PTI Photo. Aircraft......
'An ASW corvette without towed array sonar and an ASW helicopter is nothing more than a feeble joke,' says a retired navy commodore.Ajai Shukla reports. IMAGE:The INS Kiltan, which Defence......
In the hot Kolkata sun, on the banks of the Hooghly river, craftsmen from Garden Reach Shipbuilders & Engineers (GRSE) swarm over what will be the Indian Navy's most high-tech stealth warship. For......
The Finland-based power plant and equipment company Wartsila Corporation today said it will reduce about 400 jobs globally in its support functions and information management services. "To......
The market has actually moved just one way, has come off its intra-day high and has finally ended the day in negative territory. Banks, Oil, Consumer Durables, FMCG, Metals, PSU, Capital Goods,......
"I have got GE to change a little bit, and I have changed myself. The two have converged." Over lunch with Jyoti Mukul, Banmali Agrawala, president and CEO, GE South Asia, discusses how GE is......
Lord Swraj Paul-owned Caparo Group on Friday announced entry into the power generation business through a joint venture with Finland-based Wartsila at a project cost of Rs 1.15 billion ( Rs 115......
Indians spend a whopping 30,000 crore (Rs 300 billion) every year on fuel and maintenance cost on power back-up equipments to secure themselves against frequent outages. According to a pan-Indian......