Sep 16, 2021 07:55 PM IST
The Defence Acquisition Procedure (DAP) 2020 provides right to the buyer to seek confirmation of the foreign bank's BG from an Indian bank, where required, at the bidder's cost.
- Sep 16, 2021 11:41 AM IST
The office buildings on Kasturba Gandhi Marg and Africa Avenue, constructed at a cost of Rs 775 crore, use resource-efficient green technology and adhere to environment-friendly practices.
- Sep 14, 2021 09:12 PM IST
The two new multi-storey buildings, one at the Kasturba Gandhi Marg area and another at Africa Avenue, have been constructed at a cost of Rs 775 crore by the defence ministry, the officials said.
- Sep 07, 2021 07:04 PM IST
The defence ministry said the delegated financial powers of vice chiefs of the services have been increased by 10 percent subject to an overall ceiling of Rs 500 crore.
- Aug 26, 2021 07:15 PM IST
Defence Minister Rajnath Singh said that through COVID genome sequencing, the part of the genome which is not changing frequently can be identified and it will help in vaccine development.
- Aug 23, 2021 03:30 PM IST
The five women officers who have been selected for the colonel time scale rank are Lieutenant Colonel Sangeeta Sardana from the Corps of Signals, Lt Col Sonia Anand and Lt Col Navneet Duggal from the Corps of EME, and Lt Col Reenu Khanna and Lt Col Ritcha Sagar from the Corps of Engineers.
- Aug 09, 2021 04:16 PM IST
CPI(M) Rajya Sabha MP V Sivadasan had asked the Defence Ministry to reveal whether it has carried out any business dealings with NSO Group Technologies and "if yes, the details thereof?"
- Jul 28, 2021 08:18 PM IST
Bhatt was responding to a question on the procurement started in the defence sector under the Atmanirbhar Bharat scheme of the Centre.
- Jul 20, 2021 06:58 PM IST
The Defence Acquisition Council (DAC) last month approved the issuance of the request for proposal (RFP) for the acquisition programme named Project-75(I).
- May 09, 2021 07:35 PM IST
COVID-19 cases and deaths have been hitting records every two or three days. Deaths rose by more than 4,000 for a second consecutive day on Sunday.
- Apr 30, 2021 09:30 PM IST
Singh's office said he invoked special provisions and granted emergency financial powers to the armed forces to empower them to speed up efforts in the nationwide fight against COVID-19.
- Apr 23, 2021 05:09 PM IST
Officials said each plant will have a capacity to produce 40 litres of oxygen per minute and 2,400 litres every hour.
- Mar 08, 2021 04:36 PM IST
BEL has declared 140 percent as interim dividend (Rs 1.40 per share) to its shareholders for the financial year, the ministry said in its statement.
- Feb 23, 2021 07:19 PM IST
The DAC also approved that all capital acquisition contracts (delegated and non-delegated) other than D&D cases shall be concluded in two years.
- Feb 02, 2021 10:28 PM IST
The conclave will happen on Thursday and Friday, concurrently with the country's premier aerospace and defence exhibition Aero India 2021 that will start on Wednesday and end on Friday.
- Dec 31, 2020 06:33 PM IST
India and China have held several rounds of talks at the diplomatic and military-level to resolve the standoff that erupted in early May.
- Dec 18, 2020 10:46 PM IST
This missile is the first indigenously developed beyond visual range (BVR) missile that can be launched from Sukhoi-30 and other fighter aircraft.
- Dec 17, 2020 06:49 PM IST
Officials said a total of seven acquisition proposals were approved by the DAC, the defence ministry's highest decision-making body on procurement.
- Oct 05, 2020 09:42 PM IST
Further, the family of armed forces personnel who died within 10 years before October 1, 2019, without completing continuous service of seven years, would be getting the EOFP, it noted.
- Sep 28, 2020 11:01 PM IST
Another official said removing offset obligations for contracts under the three categories is likely to result in a reduction of cost of acquisitions as the defence firms used to factor in funds required to fulfil offset conditions.
- Sep 28, 2020 07:14 PM IST
"The DAC headed by Defence Minister Rajnath Singh accorded approval for various arms and equipment worth Rs 2,290 crore," the defence ministry said.
- Sep 24, 2020 02:12 PM IST
Defence industry experts say, while there have been many changes to offset and defence procurement policies by the government, defence contractors themselves are unwilling to bear the additional cost of offsets.
- Sep 19, 2020 06:10 PM IST
Minister of State for Defence Shripad Naik clarified the government's stance on rules for military canteens. He was questioned on if the defence ministry would only sell local products afterPrime Minister Narendra Modi call for a self-reliant India.
- Aug 30, 2020 04:49 PM IST
The defence ministry has already shortlisted two Indian shipyards and five foreign defence majors for the project, being billed as one of biggest "Make in India" ventures.
- Aug 25, 2020 05:56 PM IST
Defence Minister Rajnath Singh approved the suspension of business dealings with M/s VAEPL for one year from August 14, they said.