New Delhi: India‘s lone submarine builder had a dream-like debut on the stock market today, finishing the opening trading day at Rs 173, a cool 19 per cent above its Initial Public Offering (IPO) price of Rs 145, strongly aided by its above par financial performance over the […]
New Delhi: India’s Ministry of Defence (MoD) today said it has begun talks with workers unions of ordnance factories to address their concerns over corporatisation plans announced by the government last year. A high-level officials committee of the Department of Defence Production has taken the initiative to have […]
By N. C. Bipindra New Delhi: India is planning to hand over operations of its Army Base Workshop (ABW) in Delhi Cantonment to the private corporate with experience handling operations at industrial units. The move is one of the recommendations from the Lieutenant General D. B. Shekatkar panel […]
By N. C. Bipindra New Delhi: Seeking to streamline and modernise its ordnance inventory management, the Indian Army is planning to hand over operations of the Central Ordnance Depots (CODs) to private contractors, aiming to adopt best business practices in warehousing and supply chain, currently prevalent in the […]
