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......
India's 68th Republic Day parade will have many firsts: contingents from the United Arab Emirates and the National Security Guard, apart from the indigenously developed Light Combat Aircraft Tejas......
The defence secretary headed a delegation to Russia in February to salvage the capsized Admiral Gorshkov deal and to mend the recent Indo-Russian bad vibes. Media reports speculated that India has......
The difference between India's failure against Pakistan's success in their respective missile programmes is based on the purist mindset of the Defence Research and Development Organisation to......
US-based South Asia analyst Kaushik Kapisthalam examines the Defence Research and Development Organisation's performance in a three-part series:Part I : DRDO, Media's whipping boy?The Indian......
Gurgaon-based budget airline, SpiceJet, has made an allotment of 66,41,280 equity shares of Rs 10 each to four Wilbur Ross companies in India. The development follows the acquisition of 37.5 per......
There are few deals where the buyer and the seller both walk away happy. The SpiceJet deal is one, where each side had a price point for reference. There were two pivots which formed the basis for......
Media magnate Kalanithi Maran is close to buying about 37 per cent equity in low cost carrier Spicejet at an estimated Rs 45 a share that would cost him about Rs 700 crore (Rs 7 billion). "They......
Competitive bids to select the new owner for Satyam Computer Services, once India's fourth largest software company, will soon be announced. So check out who all are in the face to buy the troubled......
US billionaire investor Wilbur Ross has made his debut in India by buying out the troubled textile maker OCM for $37 million in an all cash deal.WL Ross & Co, the private equity firm led by Ross......