The corporatisation reform of the Ordnance Factory Board (OFB) has shown significant positive outcomes. The reorganisation of 41 OFB units ...

Ordnance Factory Board's seven new companies achieved record exports. They also attained healthy profitability after corporatisation. These...

The ministry said in a major reform towards "ease of doing business and to achieve 'Aatmanirbharta' in defence", the Department of Defence ...

If Atmanirbharta has to be promoted then it should not distinguish between the public sector and private sector. Both will create jobs and ...

Global competitiveness demands lean, thin and effective organisations that have management skills of global standards with minimal governme...

The long pending plan, which was mooted almost two decades ago, was cleared by the Union Cabinet on Wednesday and will lead to greater acco...

Data analysed by the army shows that at least 403 accidents have taken place due to faulty ammunition since 2014, most of them suffered by ...

India is one of the biggest importers of defence equipment in the world, which suggests that the armed forces prefer buying from foreign su...

In its present form, OFB has scant autonomy in administrative, financial or other decision-making matters. Once unshackled through corporat...

Without denying the need for governments to spend more to prevent a humanitarian catastrophe, we have failed to ask ourselves a more basic ...

India would also expand the list of weapons that can not be imported, the finance minister said.

Kumar also hailed announcements to improve the PPP model as well as the thrust on infrastructure, saying this will help the port.

This impetus has the potential to boost greater private investment and do so without jeopardising India's public debt dynamics.

Corporatised retail currently accounts for 8% or $37 bn to Indian retail. Food and grocery contirbutes 3% to corporatised retail share curr...

Buoyed by growth in modern retail and alternate channels like e-retail and home-shopping, the retail sector is projected to grow at 6%.

The Punjab government has sought another six months from the Centre for corporatisation of Punjab State Electricity Board (PSEB), saying th...

As part of capital market reforms, the government is planning to amend Securities Contract Regulation Act, Income Tax Act and Stamp Duty Ac...