Defence stocks HAL, BEL, others in focus ahead Defence Acquisition Council meetDefence stocks are in focus as the Defence Acquisition Council meets today to consider high-value proposals, potentially worth Rs 80,000 cr...
29 Dec, 2025, 08.57 AM IST
Small private defence firms poised for strong growth amid policy reformsIndia's defence sector is poised for a significant transformation with the 2025 Procurement Manual, boosting domestic production and encour...
08 Oct, 2025, 02.10 PM IST
Relief for defence companies for R&D delays, 5-year order assuredThe Indian government has significantly eased procurement rules for defense companies, eliminating fines for prototype development delays a...
15 Sep, 2025, 12.36 AM IST
Defence ministry unveils new framework to streamline revenue procurementIndia introduces the Defence Procurement Manual 2025. This aims to simplify how the armed forces obtain resources. The goal is faster decis...
14 Sep, 2025, 10.58 PM IST
Robust defence finance system backbone of strong military: Rajnath SinghReducing chances of corruption and wastage leads to positive public opinion due to the confidence that public money is being spent optimall...
12 Apr, 2023, 04.33 PM IST
View: The Defence Procurement Manual 2020 is a step towards attaining 'AatmaNirbhar Bharat'DRDO has been supporting nation-building through critical strategic defence technologies and various state-of-the-art weapon systems in the...
28 Oct, 2020, 05.56 PM IST
Rajnath Singh unveils new version of DRDO's procurement manual to engage private sector in defence R&DThe government has already announced its vision to make India a global hub of defence manufacturing, and initiated a series of reform measu...
20 Oct, 2020, 07.16 PM IST
Rajnath Singh approves new DRDO procurement manual to facilitate indigenisation"Raksha Mantri Rajnath Singh has approved a new DRDO India Procurement Manual (PM-2020) to encourage more participation of the Indian Indus...
20 Oct, 2020, 02.41 PM IST
Court pulls up CBI, MoD for not following basic rulesA special court has observed that CBI recommended closure of the Tatra-Vectra truck scandal case without even examining documents related t...
30 Nov, 2019, 06.52 AM IST
Panel reviewing procurement policy framework to come out with new versions of DPP, DPM by March 2020A key mandate of this high-level committee is to recommend measures to promote government's policy to promote domestic defence industry and...
05 Sep, 2019, 04.51 PM IST
DAC clears procurement of engines worth Rs 2300 crore for T-72 tanksThe significant changes include limiting the time period for executing repeat order to five years after the date of completion of warranty ...
25 Sep, 2018, 10.46 PM IST
Still clearing the earlier mess: Manohar ParrikarDefence Procurement Manual would soon be changed to address the concerns raised by private players, but added that even they should rope in...
11 Jul, 2018, 03.11 PM IST
Much-awaited Defence Procurement Procedure with 'Make in India' focus to be out soonParrikar said that the current DPP is under amendment and is under the consideration of his ministry after a committee of experts headed by...
11 Jul, 2018, 01.39 PM IST
Indian Army builds defence against outdated technologyThe opportunity in defence for IT is “massive” with Rs 4,500-5,000 crore of immediate projects which are long pending, according to an exec...
09 Nov, 2017, 08.39 AM IST
Domestic manufacturing in defence sector not likely in near term: ReportAs per the report, limited areas such as radars and missiles, where the capability build-up process started taking shape long time back, wo...
22 Jan, 2016, 10.34 AM IST
- Army items procured in non-transparent manner: Audit report
An audit report has detected that army commanders have spent money on procuring imported items from agents in a "non-transparent manner".
24 Oct, 2012, 05.43 PM IST
- 'Rs 11,600 cr spent on modernisation of Army in 2010-11'
An expenditure of Rs 11,600 crore was incurred in the last fiscal as part of a structured plan for capacity building and modernisation of I...
21 Dec, 2011, 06.35 PM IST