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DEFENCE PURCHASE BODY
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
- A $2.89 trillion military surge signals the sharpest global arms buildup since WWIIThe surge in global military budgets is astonishing, with nations investing heavily in their defense capabilities in response to escalating...
- Gold recycling schemes on the rise after gold prices move up: How your old jewellery is evaluated and what price you getRising import duty and PM Narendra Modi’s appeal to delay purchases have pushed jewellery brands like Kalyan Jewellers and Malabar Gold & D...
- Global turmoil tests India’s resilience; time for a strategic economic pivotIndia faces economic challenges due to global events. Prime Minister Modi urges careful resource use. The nation must boost foreign investm...
- Xi's military purge deepens as China hands former defence ministers suspended death sentencesAccording to Phayul, Chinese military courts found both officials guilty of accepting massive bribes and misusing their authority while ser...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsOver the next few days, as an investor you need to make a clear distinction on one front: Buying happening in a sector at a lower level, an...
- Drones, howitzers and missiles: Big defence decisions expected todayThe Defence Acquisition Council is set to approve significant defence deals. These include acquiring 60 medium transport aircraft and five ...
- 25% R&D budget reserved for private industry in defence manufacturingMajor incentives for the Indian defence manufacturing industry in the Budget includes reserving 68% capex acquisition budget for weapons pu...
- HAL moots defence financing corporation for acquisition of weapon systemsProposed to be set up in line with the Indian Railways Finance Corporation, the new body could raise funds from the capital market and prov...
- Plan ready for new defence purchase bodyAn expert committee has suggested that the organisation should be an autonomous body within the defence ministry, with fixed fiveyear tenur...
- Rafale deal to figure in Defence Acquisition Council meeting on ThursdayIn May, Defence Minister Manohar Parrikar had said he was looking at wrapping up the deal soon and this could mean by end of June or July.
- Rajnath Singh pitches for more incentives in defence manufacturingHome minster said "self reliance" in defence production is a must to ensure foolproof" internal security of the country.
- New defence think-tank to hold first meeting in May, military strategy & deals in focusThe committee’s wide ranging charge will include inter-connected subjects like defence diplomacy, manufacturing and policy and strategy tha...
- Government okays Rs 5,000 crore project for next-generation airborne warning systemAWACS has the capability to penetrate "longer distances" within enemy territory by way of radars systems without venturing into the region ...
- After CBI clean chit, George seeks apology from CongressWith the CBI chargesheet giving a clean chit to former defence minister minister George Ferandes in the coffin scam, the JD(U) leader deman...
- Empowered defence authority can step up FDI inflow: AssochamAn empowered defence authority will facilitate the flow of FDI in the sector as investment worth $ 10 bn is expected during 2007-12, indust...
- Weapons procurement: 60% from single vendor, says CAGIn a strong censure of the country’s weapons procurement procedure, the CAG on Monday said the process of technical and trial evaluation la...
- CAG comes out with severe censure on defence purchaseThere are deficiencies too in formulation of General Staff Qualitative requirements and acute lack of coordination in procurement of weapon...
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