Jan 22, 2013 03:48 PM IST
Engineering major Larsen & Toubro today said it has bagged a Rs 447 crore contract from the Defence Ministry to supply 18 high speed interceptor boats for the Indian Coast Guard.
- Jan 21, 2013 06:07 PM IST
The local private military and aviation industry has got contracts worth over Rs 14,000 crore in the last few years, Defence Ministry said today. This was made possible by the offsets policy in the Defence Procurement Procedure, Secretary (Defence Production) R K Mathur told reporters here.
- Dec 12, 2012 05:43 PM IST
ABG Shipyard (ABL) said it has received a Rs 485-crore contract from the Defence Ministry for building a cadet training vessel for the Indian Navy.
- Dec 12, 2012 02:00 PM IST
The company has just announced that they have got a repeat order from the defence ministry worth Rs 485 crore to build a cadet training vessel for the Navy. Dhananjay Datar, CFO, ABG Shipyard spoke to CNBC-TV18 regarding the repeat order and why it is prestigious."
- Dec 12, 2012 12:43 PM IST
Private sector ship-builder ABG Shipyard today said it has bagged a Rs 485 crore order to build a cadet training vessel for the Navy. The order from the Defence Ministry to build the 110-meter vessel capable of carrying a light helicopter and achieving a top speed of 20 knots, is a repeat one, the company said in a statement issued here.
- Nov 07, 2012 09:02 PM IST
A proposal for disinvestment of 10 per cent of government equity in the country's only state-owned aerospace firm Hindustan Aeronautics Limited is likely to considered by the Union Cabinet on November 8.
- Sep 17, 2012 10:43 AM IST
The Defence Ministry is planning to cancel the BEML order, worth over Rs 50 lakh, given to UK-based Tatra Sipox for supplying one truck, in the wake of the CBI probe into the allegations of irregularities in the supply of these vehicles.
- Sep 04, 2012 06:04 PM IST
CAG today pulled up Defence PSU Hindustan Aeronautics Limited (HAL) for excess payment of Rs 43 crore as incentives to its management in 2009-10 by adopting an "illogical" method of calculating the profits of the company.
- Jun 22, 2012 07:36 PM IST
The defence ministry today cleared several acquisition projects of the armed forces worth over Rs 20,000 crore including regiments of Quick Reaction Surface to Air Missiles (QRSAMs) for the Army.
- Jun 21, 2012 09:00 PM IST
The Defence Ministry will consider proposals worth over Rs 20,000 crore in a meeting tomorrow to decide on critical equipment such as air defence missiles for the army.
- Jun 11, 2012 03:32 PM IST
VRS Natarajan, CMD of the government-run BEML, was today suspended by the Defence Ministry on a CBI recommendation to ensure fair investigation against him in the controversial Tatra truck deal and other cases.
- Jun 11, 2012 03:05 PM IST
Suspended BEML Chairman and Managing Director V R S Natarajan today said he respected the government's decision and maintained he would come out clean.
- Jun 11, 2012 01:36 PM IST
BEML Chief V R S Natarajan was today suspended by the Defence Ministry in connection with the Tatra case on a CBI recommendation after former Army Chief Gen V K Singh levelled allegations that he was offered Rs 14 crore bribe to clear a deal for 600 trucks.
- Jun 06, 2012 05:36 PM IST
The defence ministry on Wedneday sought an explanation from BEML chief VRS Natarajan for serving a legal notice on former Army Chief Gen VK Singh demanding an apology for his alleged defamatory statements against the defence PSU on the Tatra truck issue
- Apr 19, 2012 09:00 PM IST
Leader of opposition in the Maharashtra Legislative Assembly, Eknath Khadse (BJP), today said that Adarsh Commission's report had not given a clean chit to the former Chief Ministers in the scam, and the ownership of the land was never an issue.
- Apr 18, 2012 08:22 PM IST
India on Wednesday postponed the launch of its first long-range missile capable of reaching deep inside China and Europe due to bad weather, a government official said.
- Apr 13, 2012 07:32 PM IST
India is within days of test-firing a long-range rocket capable of reaching deep into Asia and Europe, a move that would bring the emerging power into a small club of nations with intercontinental defence capabilities.
- Apr 04, 2012 09:39 PM IST
The movement of two army units towards Delhi and the leaked letter of General V K Singh came under close scrutiny of a Parliamentary Committee as top officials of the Defence Ministry and the Army appeared before it.
- Apr 04, 2012 06:36 PM IST
Striking a balanced note, BJP today said it was "assured" by clarifications from the Army and government on reports of troop movement to the capital but insisted that the Prime Minister should proactively restore the equilibrium between the Defence Ministry and armed forces.
- Apr 03, 2012 09:00 PM IST
The CBI has sought sanction of the Defence Ministry to probe BEML chief V R S Natarajan in some complaints in which preliminary inquiry has been registered by it. However, no no sanction has been sought for a probe against him in the Tatra supply deal, agency sources said.
- Apr 03, 2012 08:00 PM IST
Investigations into the mysterious twin deaths of a Defence Ministry official and his wife have led police to believe he commited suicide after allegedly murdering her over possible financial constraints and it ruled out any work pressure behind the incident.
- Jan 29, 2012 03:40 PM IST
The Defence Ministry has written a letter to the Army Adjutant General's branch, advising change in Army Chief Gen VK Singh's date of birth record.
- Nov 04, 2011 07:36 PM IST
The multi-billion dollar deal to procure 126 combat aircraft for the Indian Air Force (IAF) entered its last phase today with Defence Ministry opening commercial bids of the two European contenders to determine the lowest bidder, a process that is expected to take six to eight weeks.
- Oct 10, 2011 09:24 AM IST
Pipavav Defence and Offshore Engineering Company touched an intraday high of Rs 83.70 and an intraday low of Rs 81.50. At 09:22 hrs the share was quoting at Rs 82.90, up Rs 3.45, or 4.34%. Defence ministry gave clean chit to Mazagon for JV with Pipavav Defence and Offshore, reports The Economic Times.
- Oct 03, 2011 05:28 PM IST
The Defence Ministry has been hit by a fresh land scam with an in-house inquiry finding that about 70 "adhoc NoCs" were issued to private realtors flouting norms for defence land which included the Srinagar air base.