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New Defence Rules: 5-year ban for poor supplies, 10 years for misconductNew Ministry of Defence guidelines introduce stricter penalties for defence suppliers. Companies failing to meet contract terms or supplyin...
MoD inks Rs 1,476 cr contract with BEL for 5 ground-based mobile electronic systems for Indian ArmyThe Defence Ministry has awarded a significant contract worth Rs 1,476 crore to Bharat Electronics Limited. This deal will bring five advan...
Ceigall India says its joint venture CIL-SAM bags Rs 918-cr order from Jaipur MetroCeigall India's joint venture, CIL-SAM India, has secured a Rs 918.04-crore project from Jaipur Metro Rail Corporation for Phase-II expansi...
Vote Yatra: How domestic help exodus exposes urban India's dependenceAs Bengal gears up for elections, domestic helpers have made their way back, highlighting how essential they are to the fabric of middle-cl...
Defence Ministry signs Rs 4,666 crore deals to buy new carbines and torpedoesAccording to the MoD, the contract for the procurement and integration of 48 Heavy Weight Torpedoes along with associated equipment for Kal...
Bharat Forge shares in focus after subsidiary secures Rs 250 crore MoD contractBharat Forge share price: Bharat Forge’s subsidiary Kalyani Strategic Systems Ltd (KSSL) has bagged a Rs 250 crore contract from the Minist...
Defence ministry extends clearance with one-year validity to telcos for laying, maintaining undersea cablesEarlier, telecom operators were required to seek clearance every six months for vessels and ships required for laying and mantaining unders...
India warns arms companies of action for default in offset commitmentsThe defence ministry (MoD) has delivered a stern message to the arms companies, seeking repeated time extensions to discharge their offsets...
View: Why Sitharaman's budgetary allocation is unlikely to satisfy defence establishmentUnder Sitharaman’s leadership as defence minister before becoming FM, the armed forces had projected a combined shortfall of nearly Rs 1,12...
Days before exit, MoS Rao Inderjit Singh had major row over gun dealJust 10 days before the reshuffle, on June 25, Singh had a major row in a high-level MoD meeting, forcing Defence Minister Manohar Parikkar...
Defence procurement policy 2016: Government allows foreign entities to engage agents for defence dealsForeign entities have been allowed to engage agents for defence deals under a strict set of conditions, which includes giving defence minis...
Defence ministry launches inquiry into leak of documents in Sanjay Bhandari's case"The inquiry will try to find out how internal MoD documents were leaked. It's a sensitive matter," said a source.
Defence Ministry panel recommends blacklisting of strategic partners if they indulge in corruptionThe MoD is separately working on a blacklisting policy that is to be released this month, according to Defence Minister Manohar Parrikar.
Adarsh scam: PAC slams government for failing to take action against officialsThe PAC, on its part, also expressed “dismay“ over MoD's “miserable failure“ to accomplish the physical survey , clear demarcation and prop...
India taking steps to 'fully recover' bank guarantees in VVIP chopper scamThe defence ministry has said it will take "immediate steps to fully recover" the bank guarantees provided by AgustaWestland in relation to...
VVIP chopper scam: India to recover 250 million eurosThe defence ministry has begun the process to "encash" the bank guarantees provided by AgustaWestland in the deal.
- Chopper scam: Probe team to Italy returns empty-handed
The Indian investigation team that went to Italy to probe the VVIP helicopter kickback scandal has returned without any major breakthrough,...
- Edged-out Eurofighter still hopes to bag IAF fighter deal
Eurofighter, the European fighter that lost out to French Rafale on Tuesday in the over $10-billion MMRCA contract, isn't quitting India an...
- Rs 1,762 crore Kargil purchase scam buried by UPA?
More than 10 years after Kargil war, the stink of corruption in purchases of arms and ammunition worth Rs 1,762 crore appears to have been ...
- Royce wins 1.0 bn pound contract
Rolls-Royce announced on Wednesday the signing of a 10-year contract with the British government worth 1.0 billion pounds (1.5 billion euro...