defence sector

Thales, BEL to form joint venture radar company (Lead)


August 29th, 2012 - 9:26 pm ICT by IANS
New Delhi/Bangalore, Aug 29 (IANS) French aerospace and electronics major Thales Wednesday said it would form a joint venture with India's Bharat Electronics Limited (BEL) to build civilian and defence ... Read more...

Posted in Business |

Thales, BEL to form joint venture radar company


August 29th, 2012 - 6:05 pm ICT by IANS
Bangalore, Aug 29 (IANS) French aerospace and electronics major Thales Wednesday said it would form a joint venture company with state-run Bharat Electronics Limited (BEL) to build civilian and defence ... Read more...

Posted in Business |

Only one hacking in last three years: Antony


August 22nd, 2012 - 9:05 pm ICT by IANS
New Delhi, Aug 22 (IANS) India's defence establishment has recorded only one breach of security by hackers from outside in the last three years, parliament was informed Wednesday.Defence Minister A.K. ... Read more...

Posted in Sci-Tech |

BHEL exploring non-power equipment business for profits


August 11th, 2012 - 5:01 pm ICT by IANS
Tiruchirapalli, Aug 11 (IANS) Power equipment major Bharat Heavy Electricals Ltd. (BHEL) plans to focus on increasing its revenue from non-power segments like railways, defence and others, said a top ... Read more...

Posted in Business |

Czech military to reduce officers to save money


August 9th, 2012 - 12:58 pm ICT by IANS
Prague, Aug 9 (IANS) The Czech military is to reduce the number of officers at its headquarters to slim down the command structure and reduce costs, Deputy Defence Minister Jiri ... Read more...

Posted in World |

China allows private investment in defence sector


July 19th, 2012 - 7:43 pm ICT by IANS
Beijing, July 19 (IANS) China has pledged to open its defence-related industries to private capital in a "fair and safe manner", according to an investment guideline unveiled by the government ... Read more...

Posted in World |

Aerospace, defence business sluggish in 2011: Study


July 11th, 2012 - 12:02 am ICT by IANS
New Delhi, July 10 (IANS) The global aerospace and defence industry performance in 2011 was sluggish, posting a revenue gain of just 2.3 percent compared to 2.5 percent in 2010, ... Read more...

Posted in Business |

DCNS, Pipavav to address India’s naval needs


June 11th, 2012 - 7:37 pm ICT by IANS
Mumbai, June 11 (IANS) The French defence major DCNS and India's integrated defence company Pipavav plan to enter into a strategic partnership to construct strategic assets, including modern warships for ... Read more...

Posted in Business |

India boosts presence in West Africa with trade, cooperation


May 18th, 2012 - 12:43 pm ICT by IANS
Accra, May 18 (IANS) India's footprint is growing in West Africa, especially in two main players in the region, Nigeria and Ghana, with increased trade across sectors and cooperation in ... Read more...

Posted in Uncategorized |

BEL net dips 16 percent in 2011-12


April 24th, 2012 - 9:12 pm ICT by IANS
Bangalore, April 24 (IANS) State-run defence behemoth Bharat Electronics Ltd (BEL) Tuesday reported provisional net profit of Rs.725 crore during fiscal 2011-12, posting 16 percent lower growth over the last ... Read more...

Posted in Business |

Defence industry commission under PMO proposed (Lead)


April 2nd, 2012 - 6:52 pm ICT by IANS
New Delhi, April 2 (IANS) Against the backdrop of India emerging as the world's largest importer of arms, an industry lobby and a global consultancy Monday recommended the setting up ... Read more...

Posted in Uncategorized |

‘Form defence industry commission under PMO’


April 2nd, 2012 - 5:31 pm ICT by IANS
New Delhi, April 2 (IANS) Against the backdrop of India emerging as the world's largest importer of arms, an industry lobby and a global consultancy have recommended the setting up ... Read more...

Posted in Business |

‘Protectionism won’t benefit Indian defence industry’


March 30th, 2012 - 7:59 pm ICT by IANS
New Delhi, March 30 (IANS) Protectionism - capping FDI at 26 percent in the Indian defence industry - wouldn't benefit the sector and this should be raised to a minimum ... Read more...

Posted in Business |

L&T;, Samsung Techwin to produce guns in Pune


March 29th, 2012 - 9:08 pm ICT by IANS
Mumbai, March 29 (IANS) Technology, construction and engineering major Larsen & Toubro (L&T;) has joined hands with South Korea's Samsung Techwin Co. Ltd (STW) to develop tracked self-propelled artillery guns ... Read more...

Posted in Uncategorized |

Delhi to host Asia’s largest defence exhibition


March 26th, 2012 - 8:58 pm ICT by IANS
New Delhi, March 26 (IANS) India will host from Thursday Asia's biggest defence exposition, showcasing the country's military prowess and the nation's emergence as an attractive destination for investment in ... Read more...

Posted in Business |

Industry body seeks 100 percent FDI in defence


March 25th, 2012 - 11:49 am ICT by IANS
New Delhi, March 25 (IANS) With India edging past China as the world's largest arms importer, an industry body has sought increase in Foreign Direct Investment (FDI) in the ... Read more...

Posted in Business |

Dependence on defence imports risky for India: Experts


March 17th, 2012 - 7:55 pm ICT by IANS
Chennai, March 17 (IANS) As much as 70 percent dependence on imports for weapons and other defence equipment even 65 years after independence is a risky proposition for India and ... Read more...

Posted in Uncategorized |

Asian defence market growth offset by slump in West: Deloitte


March 7th, 2012 - 3:38 pm ICT by IANS
New Delhi, March 7 (IANS) The global defence market is expected to witness negative growth in 2012 with the rise in military spending in Asian nations, including India and China, ... Read more...

Posted in Business |

‘Deficit reduction not by defence cuts alone’


February 29th, 2012 - 1:39 pm ICT by IANS
Washington, Feb 29 (IANS) US Defense Secretary Leon Panetta has reiterated that the responsibility to reduce the budgetary deficit cannot be borne by the defence sector alone. "No budget ... Read more...

Posted in Uncategorized |

Cabinet approves guidelines for defence hardware JVs


February 9th, 2012 - 3:57 pm ICT by IANS
New Delhi, Feb 9 (IANS) Even as the vexed issue of foreign direct investment (FDI) in India defence sector hangs fire, the cabinet Thursday approved guidelines to facilitate the ... Read more...

Posted in Business |

Small enterprises can collaborate in defence sector: Former army chief


February 3rd, 2012 - 12:45 am ICT by IANS
Kolkata, Feb 2 (IANS) Stating that India lacked the industrial capability to manufacture high-end and high-tech equipment for defence requirements, a former army chief Thursday called for enhanced collaboration among ... Read more...

Posted in Business |

$2 bn aerospace, defence exports by India in 2011-12: Assocham


January 27th, 2012 - 4:25 pm ICT by IANS
New Delhi, Jan 27 (IANS) India's aerospace and defence exports are likely to clock $2 billion in fiscal 2011-12 to March 31, industry lobby Assocham says. With about 18 percent ... Read more...

Posted in Business |

Innovation in defence sector below par: Antony


November 14th, 2011 - 9:36 pm ICT by IANS
New Delhi, Nov 14 (IANS) Calling upon India's defence public sector undertakings and ordnance factories to invest in research and development, Defence Minister A.K. Antony Monday expressed displeasure over their ... Read more...

Posted in Uncategorized |

US offers India the Joint Strike Fighter, top defence technology


November 2nd, 2011 - 10:36 am ICT by IANS
Washington, Nov 2 (IANS) Although the US lost out in the bid to sell India 126 multi-role combat jets, it has offeredNew Delhi "top-of-the-line technology", including "the best in ... Read more...

Posted in Sci-Tech |

Pakistan, Maldives to boost defence cooperation


September 28th, 2011 - 7:51 pm ICT by IANS
Islamabad, Sep 28 (IANS) Pakistan and the Maldives have agreed on enhancing cooperation in the defence sector, a media report said Wednesday.The Maldives high commissioner to Pakistan Aishath Shehenaz Adam ... Read more...

Posted in Uncategorized |

India, Japan to continue robust defence ties


September 21st, 2011 - 8:34 pm ICT by IANS
New Delhi, Sep 21 (IANS) India Wednesday conveyed to Japan that defence ties between the two countries will continue to be robust and that New Delhi attached great importance to ... Read more...

Posted in Uncategorized |

Don’t disinvest in HAL, says CPI-M


September 19th, 2011 - 4:49 pm ICT by IANS
New Delhi, Sep 19 (IANS) The CPI-M Monday asked the government to reverse its move to disinvest 10 percent of shares in Hindustan Aeronautics Ltd (HAL) and asked it not ... Read more...

Posted in Business |

Defence sector to gain from $30 billion inflow


August 3rd, 2011 - 8:05 pm ICT by IANS
New Delhi, Aug 3 (IANS) The Indian defence industry will benefit from an inflow of $30 billion as offsets through military procurements from abroad over the next decade, according to ... Read more...

Posted in Business |

Mongolia, India seek close n-energy cooperation


July 29th, 2011 - 3:46 am ICT by IANS
Ulan Bator, July 29 (IANS) Mongolian President Tsakhia Elbegdorj and visiting Indian President Pratibha Patil Thursday agreed to strengthen their countries' cooperation in nuclear energy and mining. Both sides ... Read more...

Posted in World |

High-tech trade: India urges US to focus on R&D;, design (Lead)


July 11th, 2011 - 5:28 pm ICT by IANS
New Delhi, July 11 (IANS) India Monday said its high-technology cooperation with the US has "underperformed" in commercial sectors, and called for increased focus on research and development, design, joint ... Read more...

Posted in Uncategorized |

IAF to set up radar, station fighters in Mizoram


June 2nd, 2011 - 9:29 pm ICT by IANS
Aizawl, June 2 (IANS) The Indian Air Force (IAF) will install a surveillance radar and station fighter aircraft in mountainous Mizoram, bordering Myanmar and Bangladesh, an official release said Thursday.The ... Read more...

Posted in Uncategorized |

Wipro ties up for aerospace component unit


May 25th, 2011 - 11:47 pm ICT by IANS
Bangalore, May 25 (IANS) Indian IT bellwether Wipro's Infrastructure Engineering division tied up with European Aeronautic Defence and Space company's Spanish subsidiary CESA (Compania De Sistemas Aeronauticos S.A.) to set ... Read more...

Posted in Sci-Tech |

Future of defence business uncertain: PWC


May 2nd, 2011 - 5:23 pm ICT by IANS
New Delhi, May 2 (IANS) The future of global defence business looks bleak in 2011 and beyond, an industry study has forecast. This is despite major deals such as the ... Read more...

Posted in Business |

Russia to double its ballistic missiles production from 2013 (Lead)


April 20th, 2011 - 11:09 pm ICT by IANS
Moscow, April 20 (IANS) Russia will double its production of ballistic missiles from 2013, Prime Minister Vladimir Putin said Wednesday in his annual address to the Russian parliament - his ... Read more...

Posted in World |

Govt. seeks greater private role in defence sector: Pallam Raju


April 20th, 2011 - 7:01 pm ICT by ANI
New Delhi, Apr 20 (ANI): Minister of State for Defence MM Pallam Raju on Wednesday said the government sought a greater role for the private sector in the defence manufacturing sector.Inaugurating the ... Read more...

Posted in National |

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