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India, Israel Vow To Expand Ties In Regional Connectivity, Defence, Trade
India and Israel on Tuesday firmed up a mobility pact and vowed to expand ties in a range of areas such as trade, regional connectivity, and defence as Israeli foreign minister Eli Cohen held talks with the Indian leadership.
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Defence Firm GRSE Building 7 Ships For Foreign Countries: Official
Defence PSU Garden Reach Shipbuilders and Engineers Ltd is making seven vessels for foreign countries, out of the 23 ships that are in the different stages of construction, its chairman and managing director Commodore (retd) P R Hari said.
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What Junior Defence Minister Said On Collaboration With Foreign Firms
The government on Friday said it is exploring collaboration with a foreign defence major for co-production of engines for a medium combat aircraft.
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44 Indian Firms Approved To Make Defence Items With Foreign Companies
A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.
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74% FDI In Defence Via Automatic Route, With National Security Rider
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
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Government Imposes Security Condition On Foreign Direct Investment In Defence
The government had allowed foreign firms to directly invest up to 74 per cent ownership in defence sector from an earlier cap of 49 per cent.
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Chinese Cybercriminals Targeted COVID-19 Vaccine Research, Hacked Several Firms, Defence Contractors: US
Two Chinese cybercriminals have been indicted by the US Justice Department for trying to steal COVID-19 vaccine research and hacking hundreds of companies in the US and abroad, including defence contractors.
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Senior Andhra Police Officer Suspended Over "Acts Of Treason"
A senior IPS officer in Andhra Pradesh has been suspended and accused of "acts of treason" towards the nation. AB Venkateswara Rao, a senior IPS officer of the rank of Director General of Police, had endangered national security by "willfully disclosing intelligence protocols and procedures of the police to a foreign defence manufacturing firm", a ...
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Defence Ministry Shortlists Firms For Submarine Project: Report
The defence ministry on Tuesday shortlisted two Indian shipyards and five foreign defence majors for the Rs 50,000 crore project to build six conventional submarines in India for the Navy besides approving military procurement worth Rs 5,100 crore.
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Defence Firms Eye Billion-Dollar Chance For 'Made In India'
India has drawn up a shopping list for tens of billions of dollars of foreign fighter jets, armoured vehicles, submarines and helicopters but it will only sign the cheques if they are made in India.
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China-US Tension Rises, Beijing Rejects 'Irresponsible' US Remarks
China has expressed 'firm opposition' to remarks made by US Pentagon chief Jim Mattis during a regional defence summit over the weekend, after he criticised Beijing's 'militarisation' of the South China Sea.
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Amid Confusion Over Make-In-India For F-16s, Defence Minister Weighs In
Foreign aircraft manufacturers offering to make combat jets in India will have to win approval from their governments, Defence Minister Manohar Parrikar said, in a measure aimed at ensuring projects are not affected due to policy flip-flops.
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Defence Firms Under Scanner For Arms Dealer Sanjay Bhandari Links
Some leading foreign defence firms, who are major players in the Indian market, have come under the scanner of investigating agencies for their alleged links with defence consultant Sanjay Bhandari who is being probed for alleged tax evasion.
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New Guidelines For 'Agents' Who Broker Defence Deals
Foreign defence firms can now appoint 'agents' to market their products to the armed forces and the government but with strict oversight which includes opening up of company's books to scrutiny, besides not allowing any success bonus or penalty fees among other measures.
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BJP Targets Former Defence Minister AK Antony Over AgustaWestland Deal
BJP today attacked former Union minister AK Antony over the AgustaWestland deal, saying since he held the defence portfolio when the contract was awarded to the foreign firm in 2010, he has to explain who was driving the controversial deal for supplying VVIP choppers to IAF.
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India, Israel Vow To Expand Ties In Regional Connectivity, Defence, Trade
India and Israel on Tuesday firmed up a mobility pact and vowed to expand ties in a range of areas such as trade, regional connectivity, and defence as Israeli foreign minister Eli Cohen held talks with the Indian leadership.
-
Defence Firm GRSE Building 7 Ships For Foreign Countries: Official
Defence PSU Garden Reach Shipbuilders and Engineers Ltd is making seven vessels for foreign countries, out of the 23 ships that are in the different stages of construction, its chairman and managing director Commodore (retd) P R Hari said.
-
What Junior Defence Minister Said On Collaboration With Foreign Firms
The government on Friday said it is exploring collaboration with a foreign defence major for co-production of engines for a medium combat aircraft.
-
44 Indian Firms Approved To Make Defence Items With Foreign Companies
A total of 44 Indian companies, including public sector units, have received approvals related to Foreign Direct Investment (FDI) till now for joint production of defence items with foreign companies, Minister of State for Defence Shripad Naik said on Monday.
-
74% FDI In Defence Via Automatic Route, With National Security Rider
Foreign firms can directly invest up to 74 per cent in the defence sector, the government said today, raising the Foreign Direct Investment (FDI) cap from 49 per cent through the automatic route. However, foreign investments will be subject to scrutiny on grounds of national security and the government will have the right to review any investment t...
-
Government Imposes Security Condition On Foreign Direct Investment In Defence
The government had allowed foreign firms to directly invest up to 74 per cent ownership in defence sector from an earlier cap of 49 per cent.
-
Chinese Cybercriminals Targeted COVID-19 Vaccine Research, Hacked Several Firms, Defence Contractors: US
Two Chinese cybercriminals have been indicted by the US Justice Department for trying to steal COVID-19 vaccine research and hacking hundreds of companies in the US and abroad, including defence contractors.
-
Senior Andhra Police Officer Suspended Over "Acts Of Treason"
A senior IPS officer in Andhra Pradesh has been suspended and accused of "acts of treason" towards the nation. AB Venkateswara Rao, a senior IPS officer of the rank of Director General of Police, had endangered national security by "willfully disclosing intelligence protocols and procedures of the police to a foreign defence manufacturing firm", a ...
-
Defence Ministry Shortlists Firms For Submarine Project: Report
The defence ministry on Tuesday shortlisted two Indian shipyards and five foreign defence majors for the Rs 50,000 crore project to build six conventional submarines in India for the Navy besides approving military procurement worth Rs 5,100 crore.
-
Defence Firms Eye Billion-Dollar Chance For 'Made In India'
India has drawn up a shopping list for tens of billions of dollars of foreign fighter jets, armoured vehicles, submarines and helicopters but it will only sign the cheques if they are made in India.
-
China-US Tension Rises, Beijing Rejects 'Irresponsible' US Remarks
China has expressed 'firm opposition' to remarks made by US Pentagon chief Jim Mattis during a regional defence summit over the weekend, after he criticised Beijing's 'militarisation' of the South China Sea.
-
Amid Confusion Over Make-In-India For F-16s, Defence Minister Weighs In
Foreign aircraft manufacturers offering to make combat jets in India will have to win approval from their governments, Defence Minister Manohar Parrikar said, in a measure aimed at ensuring projects are not affected due to policy flip-flops.
-
Defence Firms Under Scanner For Arms Dealer Sanjay Bhandari Links
Some leading foreign defence firms, who are major players in the Indian market, have come under the scanner of investigating agencies for their alleged links with defence consultant Sanjay Bhandari who is being probed for alleged tax evasion.
-
New Guidelines For 'Agents' Who Broker Defence Deals
Foreign defence firms can now appoint 'agents' to market their products to the armed forces and the government but with strict oversight which includes opening up of company's books to scrutiny, besides not allowing any success bonus or penalty fees among other measures.
-
BJP Targets Former Defence Minister AK Antony Over AgustaWestland Deal
BJP today attacked former Union minister AK Antony over the AgustaWestland deal, saying since he held the defence portfolio when the contract was awarded to the foreign firm in 2010, he has to explain who was driving the controversial deal for supplying VVIP choppers to IAF.
