procurements

Former army chief documents life, views in memoir (With Image)


June 10th, 2012 - 1:59 pm ICT by IANS
New Delhi, June 10 (IANS) Ethics, morality and corruption are issues that are gaining more relevance particularly with regard to conduct of officers in higher ranks, says former army chief ... Read more...

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Kalmadi opposes charges in CWG graft case


May 23rd, 2012 - 9:15 pm ICT by IANS
New Delhi, May 23 (IANS) Former Commonwealth Games (CWG) Organising Committee (OC) chairman Suresh Kalmadi Wednesday opposed in a Delhi court the charges against him in a corruption case related ... Read more...

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‘Indian defence procurement system still not perfect’


May 2nd, 2012 - 4:53 pm ICT by IANS
New Delhi, May 2 (IANS) With time and cost escalations plaguing military acquisitions, Financial Advisor (Defence Services) A.K. Chopra admitted Wednesday that the procurement systems are still far from being ... Read more...

Posted in Business |

India spent $7 bn on army procurements since 2007


December 21st, 2011 - 10:59 pm ICT by IANS
New Delhi, Dec 21 (IANS) India spent a total of Rs.34,517 crore (nearly $7 billion) on army procurements in the four years since 2007, the parliament was informed Wednesday.Defence Minister ... Read more...

Posted in Business |

New policy soon to monitor government buys


November 30th, 2011 - 8:18 pm ICT by IANS
New Delhi, Nov 30 (IANS) The government Wednesday unveiled the draft of a new policy that will help bring transparency in public procurements through open competitive bidding.The bill is ... 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 |

BJP leader Mittal again quizzed in CWG case


July 1st, 2011 - 9:20 pm ICT by IANS
New Delhi, July 1 (IANS) Bharatiya Janata Party (BJP) leader Sudhanshu Mittal, who also runs a marquee business in Delhi, was Friday quizzed by Central Bureau of Investigation (CBI) ... Read more...

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BJP’s Sudhanshu Mittal quizzed in CWG case


June 30th, 2011 - 12:48 am ICT by IANS
New Delhi, June 29 (IANS) The Central Bureau of Investigation (CBI) Wednesday questioned Bharatiya Janata Party (BJP) leader Sudhanshu Mittal, who also runs a marquee business in Delhi, for ... Read more...

Posted in Politics |

IAF chopper fleet to fly high with 300 new machines


March 3rd, 2011 - 10:38 am ICT by IANS
New Delhi, March 3 (IANS) The Indian Air Force (IAF) helicopter fleet is all set to get a boost during the next nine years with plans for inducting 300 attack, ... Read more...

Posted in Business |

UN ready to remove 19 Indian vendors from blacklist


February 22nd, 2011 - 3:39 pm ICT by IANS
By Devirupa Mitra New Delhi, Feb 22 (IANS) The UN is ready to reinstate the 19 Indian firms suspended from bidding for its multi-billion dollar contracts since 2008, including Satyam Computer and ... Read more...

Posted in Business |

Army fully cooperating in Adarsh scam: Army Chief


January 6th, 2011 - 9:49 pm ICT by ANI
New Delhi, Jan 6 (ANI): Army Chief General VK Singh on Thursday said the army is fully cooperating with the Central Bureau of Investigation (CBI) probe into the Adarsh Housing Society scam ... Read more...

Posted in National |

We will take corruption head-on: Sonia (Lead)


December 20th, 2010 - 7:19 pm ICT by IANS
New Delhi, Dec 20 (IANS) Reiterating her message on fighting graft, Congress president Sonia Gandhi Monday said the party-led United Progressive Alliance (UPA) government will "take corruption head-on" and demonstrate its ... Read more...

Posted in Politics |

We’ll take corruption head-on, Sonia reiterates


December 20th, 2010 - 5:40 pm ICT by IANS
New Delhi, Dec 20 (IANS) The United Progressive Alliance (UPA) government will take "corruption head-on", Congress president Sonia Gandhi reiterated here Monday."We will take corruption head-on and demonstrate through our action ... Read more...

Posted in Politics |

‘Pak to lose foreign funding if it severs links with Transparency International’


November 22nd, 2010 - 4:40 pm ICT by ANI
Islamabad, Nov 22(ANI): Foreign funding to Pakistan may reportedly be directly hit if the country's government cuts its contacts with anti-corruption organization Transparency International Pakistan (TIP).According to the News, severing contacts with ... Read more...

Posted in South Asia |

Govt. committed to provide all assistance for modernisation of Defence PSUs: Antony


November 10th, 2010 - 8:10 pm ICT by ANI
New Delhi, Nov 10 (ANI): Defence Minister A K Antony on Wednesday said the Government is committed to provide all assistance including necessary funds for the modernisation of defence public sector undertakings."On ... Read more...

Posted in National |

Centre released Rs 586.02 crore to States under MPF scheme, says Chidambaram


November 1st, 2010 - 8:17 pm ICT by ANI
New Delhi, Nov 1 (ANI): Union Home Minister P Chidambaram on Monday said the Central Government released Rs 586.02 crore to the States under the Mandatory Provident Fund (MPF) Scheme for State ... Read more...

Posted in National |

Up above the world so high, IAF in the sky (Oct 8 is the IAF’s 78th anniversary)


October 7th, 2010 - 11:13 am ICT by IANS
By Sarwar Kashani New Delhi, Oct 7 (IANS) Starting out as a tactical force on Oct 8, 1932, with six aircraft, an equal number of officers and 19 airmen, the Indian Air ... Read more...

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IAF watching Chinese military modernisation ‘with caution’


October 4th, 2010 - 8:50 pm ICT by IANS
New Delhi, Oct 4 (IANS) India is cautiously watching the defence modernisation of its neighbours, including China, a top military commander said Monday, stressing that anything that impacts the country's growth was ... Read more...

Posted in Uncategorized |

Pak shock over “Anti-Fraud Hotline” project to monitor entire Kerry-Lugar aid


September 23rd, 2010 - 2:25 pm ICT by ANI
Islamabad, Sep 23 (ANI): The United States Agency for International Development (USAID) and Transparency International, Pakistan (TIP), have signed an agreement to prevent corruption in utilisation of the 7.5 billion dollars aid ... Read more...

Posted in South Asia |

‘Pak Govt. can save four billion dollars by ridding rampant corruption in procurements’


June 21st, 2010 - 6:15 pm ICT by ANI
Islamabad, June 21 (ANI): Pakistan can save over four billion dollars annually and reduce its dependence on the International Monetary Fund (IMF) if it gets rid of the massive corruption in official ... Read more...

Posted in South Asia |

Delhi power discoms seek hike in electricity prices


May 6th, 2010 - 10:03 pm ICT by IANS
New Delhi, May 6 (IANS) Delhi's three private power distributing companies (discoms) Thursday sought hike in tariff saying they are running into a combined loss of Rs.2,600 crore. The three discoms - BSES ... Read more...

Posted in Business |

Strong Indian rupee makes China Dhaka’s no.1 trade partner


April 20th, 2010 - 2:05 pm ICT by IANS
Dhaka, April 20 (IANS) China is once again Bangladesh's number one trading partner, thanks to a strengthening Indian rupee. Indian goods are facing tough competition from Chinese imports, trade officials and analysts told ... Read more...

Posted in Business |

Transparency International asks Gen. Kayani to check ‘massive’ corruption in Pak Army


April 14th, 2010 - 5:05 pm ICT by ANI
Islamabad, Apr.14 (ANI): Blowing the whistle over the prevailing massive corruption in the process of acquiring weapons and other articles in the armed forces, the Transparency International Pakistan (TIP) has asked Pakistan ... Read more...

Posted in South Asia |

India spells ‘easy’ terms for $1 bn loan to Bangladesh


April 1st, 2010 - 11:46 am ICT by IANS
Dhaka, April 1 (IANS) Bangladesh says the terms set for the $1 billion loan offered by India during Prime Minister Sheikh Hasina's New Delhi visit in January are "as easy as ... Read more...

Posted in Business |

Pakistan watchdog urges transparency in government institutions


January 19th, 2010 - 8:05 pm ICT by IANS
Islamabad, Jan 19 (IANS) A Pakistan economy watchdog Tuesday urged enhanced transparency in government organisations to ensure efficiency and prosperity. The legality of the process through which a government department can own a ... Read more...

Posted in South Asia |

‘Corruption has reached higher levels of government’


December 30th, 2009 - 6:52 pm ICT by IANS
New Delhi, Dec 30 (IANS) Central Vigilance Commissioner (CVC) Pratyush Sinha has admitted that corruption has now reached the "higher levels" of government and in high-profile cases there are delays in responding ... Read more...

Posted in Uncategorized |

Defence procurements are as per laid down procedure: Antony


December 14th, 2009 - 4:41 pm ICT by ANI
New Delhi, Dec 14 (ANI): Defence Minister A K Antony on Monday assured the Lok Sabha that procurement of defence items, including missiles is made from various indigenous as well as foreign ... Read more...

Posted in National |

UPA Govt.committed to making IAF a dominant aerospace power: Antony


November 16th, 2009 - 7:25 pm ICT by ANI
New Delhi, Nov.16 (ANI): Defence Minister A K Antony on Monday said the UPA Government is committed to developing the Indian Air Force into a dominant aerospace power.Addressing the first meeting ... Read more...

Posted in National |

Indian Air Force to meet future needs indigenously


October 15th, 2009 - 5:29 pm ICT by IANS
New Delhi, Oct 15 (IANS) The Indian Air Force (IAF) will fully back indigenous enterprises to develop critical technologies to not only meet its future needs but also to reduce dependency on ... Read more...

Posted in Business |

‘End-user pact does not give US automatic access to defence bases’


July 24th, 2009 - 10:02 pm ICT by IANS
New Delhi, July 24 (IANS) The end-user verification agreement for easing high-end defence purchases India has struck with the US does not involve automatic access to Indian defence bases, official sources ... Read more...

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Opposition walks out over end-use monitoring deal (Lead)


July 21st, 2009 - 8:26 pm ICT by IANS
New Delhi, July 21 (IANS) The entire opposition Tuesday walked out of the Lok Sabha, accusing the government of succumbing to American pressure in signing an end-use monitoring agreement for defence ... Read more...

Posted in Politics |

A K Antony assures armed forces, adequate fund for modernisation


June 25th, 2009 - 6:45 pm ICT by ANI
New Delhi June 25 (ANI): Defence Minister A K Antony assured the top brass that funds will never be a constraint for the modernisation of the Armed Forces and their welfare. Antony ... Read more...

Posted in National |

Antony ‘anxious’ to get timely delivery of defence procurements


May 28th, 2009 - 2:17 pm ICT by ANI
By Praful Kumar SinghNew Delhi, May 28 (ANI): Defence Minister A K Antony on Thursday said that he was 'anxious' to get timely delivery of defence procurements as it controls rise in ... Read more...

Posted in National |

Angry Chandigarh farmers allege mismanagement of wheat procurement


April 7th, 2009 - 6:34 pm ICT by ANI
Chandigarh, Apr 7 (ANI): Farmers in Chandigarh are blaming the Punjab Government for the alleged mismanagement of wheat procurement. This is now threatening to turn into a major election issue.The Food Corporation ... Read more...

Posted in National |

Bhel, Jindal Power in talks for boiler supply


December 16th, 2008 - 9:47 pm ICT by IANS
New Delhi, Dec 16 (IANS) State-run power equipment maker Bharat Heavy Electricals (BHEL) is in talks with Jindal Power to supply super-critical boilers and turbines, Minister of State for Power Jairam Ramesh ... Read more...

Posted in Business |

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