New Delhi: The Indian Navy today signed up with e-commerce platform Flipkart to provide job opportunities for naval veterans, a key activity to ensure continued employment of personnel, who leave or retire from the service much before the end of their productive years. The Indian Naval Placement Agency […]
By N. C. Bipindra New Delhi: India today took the long-awaited decision to dismantle the British-era ordnance factories and to create seven new state-run corporate entities that will handle manufacturing of weapons for the armed forces. The ordnance factories corporatisation move has been initiated to bring in efficiency, […]
By Ayaskant Das New Delhi: The Narendra Modi government’s decision to offload up to 15 per cent of its share in Hindustan Aeronautics Limited (HAL) has met with opposition from employees of India’s lone, state-run aircraft manufacturer. But industry veterans feel a gradual disinvestment of the nation’s aerospace […]
Bengaluru/New Delhi: India‘s lone aircraft maker Hindustan Aeronautics Limited (HAL) has signed up a $54-million deal with digital technology company Tech Mahindra to implement a project for overhaul of its business operations. In a statement, HAL said it has got Tech Mahindra for a Rs 400-crore ($54-million) contract […]
(Editor’s Note: Corrections in paragraph 3 and 4, to read the economic package as Rs 2,000,000 crore or Rs 20 trillion or $266 billion, and production target Rs 30,000 crore as $4 billion respectively.) By Ayaskant Das The Ordnance Factory Board (OFB) has fallen short of its production […]
By N. C. Bipindra New Delhi: In a clear indication of its strong will and intent to push ahead with the corporatisation of the state-run ordnance factories, India’s Narendra Modi government today set up a very powerful group of ministers headed by heavyweights such as Rajnath Singh and […]
Snap Shot* Minister assures further reduction in tax for defence sector* Invitation extended to French arms industry to help in aeroengines Paris: India’s Minister of Defence Rajnath Singh today said India and France intend to explore ways to strengthen their defence industrial partnership. Addressing the Chief Executive Officers […]