The huge consignment of Methamphetamine drug was supposed to be delivered in Thailand and could be part of drug cartels, police sources said.
The drugs were found packed in around 3,000 packets of 2 kg each, which are worth several crores of rupees in the international market.
While one of the four crew members on board the ICG's advanced light helicopter (ALH) was rescued, a search operation is on for three others.
He had taken charge as the 25th Director General of the Indian Coast Guard on July 19 last year.
"The vessel is presently 13 nautical miles west of New Mangalore and heading towards open sea," the ICG stated in a release
The joint exercise, being coordinated by Headquarters, Coast Guard Region East, will be held on January 12 off the coast of Chennai, a Defence release said.
The readout of communications just prior to the crash was released on January 3 by Japanese officials in Tokyo. It appears to contradict the coast guard captain, who reportedly said he had “obtained permission to take off.”
Sources said the chopper, which was on a training flight, crashed as it began taking off from the helipad.
There were 24 passengers, two of them children, and two crew members on board.
As hopes begin to sink, it continues to out of range and was last reported on May 17 at around 9.24 am
Another refugee was missing, External Affairs Ministry spokesman Anurag Srivastava said on Thursday, giving news of the rescue.
The team of Commandant Deepak Singh, Coast Guard, Haldia, is also keeping a close watch on the situation.
The vessel is the sixth of a series of 15 such interceptor boats delivered by BDIL.
Maharashtra government has received all the necessary clearances from all authorities concerned for setting up of a huge statue of Maratha warrior king Chhatrapati Shivaji Maharaj off Arabian Sea in Mumbai.
Government has decided to amend the Shipbreaking Code, 2013, to address issues like disposal of radioactive materials and oil spills
The DIG made a bombastic claim in Surat on 16 February and said the Pakistani boat was blown off under his orders. He claimed he told his men who were following the boat, "Blow the boat off We don‘t want to serve them biryani".
The operation is expected to continue for approximately 20 minutes and the capsule is expected to be recovered in the Bay of Bengal by the Coast Guard and a team of ISRO's officials stationed near the Andamans Islands.
The number of officers taking premature retirement from the Indian Air Force (IAF) has shot up by more than 90% in last three years, according to the Defence Ministry.
The Italian Consul General, Giampaolo Cutillo, was meeting Kochi Police commissioner MR Ajay Kumar on Friday over the killing of two Indian fishermen by the guards of an Italian ship off the coast of Kochi on Thursday.
"You go on board! Is that clear? Do you hear me?" the Coast Guard officer shouted as the captain of the grounded Costa Concordia sat safe in a life raft and frantic passengers struggled to escape after the ship rammed into a reef off the Tuscan coast.
The Directorate of Shipping (DGS) today said the rate at which oil is leaking from the sunken ship M V Rak has come down to a third from its peak.
Ruling out any cause of concern over the oil spill from a sunk cargo vessel off the Mumbai coast, Union Environment Minister Jayanthi Natarajan today asked the pollution authority to lift samples of the slick.
The oil spill from cargo vessel MV Rak off the Mumbai coast has decreased in quantum as compared to yesterday even as the authorities continued their efforts to neutralise resultant environmental pollution.
D Datar, CFO of ABG Shipyard tells CNBC-TV18 that EBITDA shrink in Q4 was mainly due to servicing the Coast Guard which does not draw subsidy. The project is nearing completion, and hence, the subsidy is expected to go up, he says.