India to buy 20 more Hawk jets for aerobatics team
September 14th, 2012 - 4:03 pm ICT by IANS
New Delhi, Sep 14 (IANS) India has initiated the process of buying 20 additional Hawk advanced jet trainers (AJTs) from British aerospace major BAE Systems for over Rs.2,000 crore ($340 ... Read more...
Posted in Business |
UP approves bid documents for Agra airport
August 8th, 2012 - 12:21 am ICT by IANS
Lucknow, Aug 7 (IANS) Taking a step towards the construction of an international airport at Agra, home to the Taj Mahal, the Uttar Pradesh government Tuesday approved the bid documents, ... Read more...
Posted in Business |
Bangalore to get India’s first IT investment region
June 4th, 2012 - 9:16 pm ICT by IANS
Bangalore, June 4 (IANS) Bangalore will have the country's first Information Technology Investment Region (ITIR) for knowledge-based industries, including software and hardware firms with entire supply chain, an official said ... Read more...
Posted in Business |
CSE alleges wrongdoing in solar mission, firm denies charges
February 1st, 2012 - 9:11 pm ICT by IANS
New Delhi, Feb 1 (IANS) The CSE Wednesday accused an Indian company of cornering lucrative projects related to a project meant to provide 20,000 MW of solar power by 2022. ... Read more...
Posted in Business |
Air India board decides on loan restructuring, cost-cutting measures
November 29th, 2011 - 10:36 pm ICT by IANS
New Delhi, Nov 29 (IANS) Cash-strapped national carrier Air India's board Tuesday said its lenders have agreed to restructure the airline's massive debt of Rs.42,923.16 crore, after the Reserve ... Read more...
Posted in Business |
Eurofighter, Rafle extend dogfight from India to UAE
November 21st, 2011 - 6:24 pm ICT by IANS
Abu Dhabi, Nov 21 (IANS) Eurofighter and Rafale, the two finalists in the fray for India's big combat jet order, have extended their dogfight to the UAE to win ... Read more...
Posted in Uncategorized |
CWG scam: Ex-official’s bail order June 15
June 13th, 2011 - 9:11 pm ICT by IANS
New Delhi, June 13 (IANS) A special Central Bureau of Investigation (CBI) court here Monday reserved its order on the bail plea of a former financial official of the Commonwealth ... Read more...
Posted in Uncategorized |
India withdraws tender for newer Jaguar combat jet engine
May 19th, 2011 - 12:47 pm ICT by IANS
New Delhi, May 19 (IANS) The defence ministry has withdrawn its tender for re-engining the Indian Air Force's Jaguar combat jets after one of the two contenders opted out, a ... Read more...
Posted in Business |
CBI charge sheet on Games’ time equipment scam by May 23
May 9th, 2011 - 8:50 pm ICT by IANS
New Delhi, May 9 (IANS) The Central Bureau of Investigation (CBI) would file by May 23 the first charge sheet over irregularities in awarding a contract for timing equipment to ... Read more...
Posted in Uncategorized |
Air India strike grounds 1,100 flights, loss mounts to Rs.85 crore
May 4th, 2011 - 10:15 pm ICT by IANS
New Delhi, May 4 (IANS) As many as 1,100 Air India flights have been cancelled as nearly half of the national carrier's 1,600 pilots continued their strike for the eighth ... Read more...
Posted in Business |
Coal India gets 27 proposals for imported coal
April 27th, 2011 - 12:09 pm ICT by IANS
Kolkata, April 27 (IANS) Coal India Limited (CIL) has received 27 proposals from 16 companies for getting imported coal at discounted prices, a top company official has said."We sought proposals ... Read more...
Posted in Business |
IAF plans to refit Jaguars with new engines in trouble
February 15th, 2011 - 11:05 pm ICT by IANS
New Delhi, Feb 15 (IANS) The Indian Air Force's (IAF) plans to fit its Anglo-French Jaguar fighter planes with new engines seem to be in trouble with one of the global firms ... Read more...
Posted in Uncategorized |
Indian Army refloats tenders for heavy guns
February 7th, 2011 - 2:31 pm ICT by IANS
By Gulshan Luthra
New Delhi, Feb 7 (IANS) The Indian Army has once again begun the process of acquiring heavy guns, floating tenders for both the towed and tracked systems that have a ... Read more...
Posted in Business |
Google sues US government
November 2nd, 2010 - 11:06 pm ICT by Aishwarya Bhatt
Mountain View, Nov 2 (THAINDIAN NEWS) Google has filed a lawsuit against the US government for failing to consider it in a 5-year contract that is worth some $59million. The project involves ... Read more...
Posted in Technology Industry News |
IAF expects combat jet selection within a year
August 4th, 2010 - 8:51 pm ICT by IANS
By Gulshan Luthra and Air Marshal Ashok Goel (Retd)
New Delhi, Aug 4 (IANS) The Indian Air Force (IAF) has submitted a report on the trials it has conducted on six combat ... Read more...
Posted in Business |
Public sector insurers to push for a common claims settling agency
July 11th, 2010 - 2:58 pm ICT by IANS
Chennai, July 11 (IANS) The four government-owned non-life insurers -- National Insurance, New India Assurance, Oriental Insurance and United India Insurance-- will soon be taking forward their idea of floating a ... Read more...
Posted in Health |
Four Kentucky companies receive $787,000 in American Recovery Act funds
May 13th, 2010 - 11:41 pm ICT by BNO News
FRANKFORT, KENTUCKY (BNO NEWS) – Four Kentucky companies will receive $787,000 in American Recovery and Reinvestment Act (ARRA) funding, Governor Steve Beshear announced on Thursday.The funding will be used to replace old, ... Read more...
Posted in Business |
Pentagon says disappointed on Northrop Grumman tanker announcement
March 9th, 2010 - 5:07 pm ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The United States Deputy Secretary of Defense, William Lynn, said on Monday that the Department of Defense is disappointed by Northrop's decision not to submit a bid ... Read more...
Posted in World News |
Boeing to offer NewGen Tanker to U.S. Air Force
March 5th, 2010 - 1:25 am ICT by BNO News
ST. LOUIS, MISSOURI (BNO NEWS) – The Boeing NewGen Tanker will be offered in the competition to supply the U.S. Air Force with a multi-mission aerial refueling aircraft, the Boeing Company announced ... Read more...
Posted in Business |
Bids received for indigenous fighter aircraft’s engines
December 14th, 2009 - 6:56 pm ICT by IANS
New Delhi, Dec 14 (IANS) India has received bids for developing a more powerful engine for the homemade Light Combat Aircraft Tejas, as the development of the indigenous Kaveri engine is yet ... Read more...
Posted in Uncategorized |
IAF proposes to procure six fight refueller aircrafts: Antony
December 14th, 2009 - 4:39 pm ICT by ANI
New Delhi, Dec 14 (ANI): Defence Minister A K Antony informed the Lok Sabha on Monday that the Indian Air Force (IAF) had proposed the procurement of six fight refueller aircraft to ... Read more...
Posted in National |
DRDO working hard to develop UAV to meet forces requirement: Antony
December 14th, 2009 - 4:37 pm ICT by ANI
New Delhi, Dec 14 (ANI): Defence Minister A K Antony on Monday informed the Lok Sabha that the Defence Research and Development Organisation (DRDO) is taking up the development Unmanned Aerial Vehicle ... Read more...
Posted in National |
Delhi cabinet starts corporatization of bus services
November 9th, 2009 - 10:14 pm ICT by IANS
New Delhi, Nov 9 (IANS) The Delhi cabinet Monday cleared the proposal for the start of corporatization of the city's private bus service in order to phase out the bluelines.
"At present in ... Read more...
Posted in Business |
‘Buy and Make’ category in new defence procurement rules
October 29th, 2009 - 7:24 pm ICT by IANS
New Delhi, Oct 29 (IANS) With an eye to the indigenisation of India's defence industry, the new defence procurement procedure (DPP) would have a new category of "Buy and Make (Indian)" under ... Read more...
Posted in Business |
New DPP from November 1: Defence Minister Antony
October 27th, 2009 - 9:23 pm ICT by ANI
New Delhi, Oct 27 (ANI): Defence Minister A.K. Antony announced here on Tuesday that the new defence procuring procedure (DPP) would be effective from November 1.Addressing a national seminar on defence acquisition, ... Read more...
Posted in National |
Indian firms to get boost in new defence procurement policy (Lead)
October 27th, 2009 - 9:08 pm ICT by IANS
New Delhi, Oct 27 (IANS) Under the revised defence procurement policy (DPP) 2009, request for proposal (RFP), which was earlier issued only to foreign companies, would now also be issued to Indian ... Read more...
Posted in Business |
Army awaits corruption probe, doesn’t seek fresh howitzer bids
July 3rd, 2009 - 4:30 pm ICT by IANS
By Ritu Sharma
New Delhi, July 3 (IANS) The Indian Army will not issue fresh bids to buy the ultra-light howitzer that it badly needs for frontline defence. Instead, it will await the ... Read more...
Posted in Business |
Mahindra, L&T among contenders for Satyam (Roundup)
March 12th, 2009 - 8:17 pm ICT by IANS
Mumbai, March 12 (IANS) Infrastructure major Larsen and Toubro (L&T) and Mahindra and Mahindra's IT arm Tech Mahindra were among the bidders to register interest Thursday in acquiring a 51-percent stake in ... Read more...
Posted in Business |
Tech Mahindra registers interest in Satyam bidding process
March 12th, 2009 - 4:58 pm ICT by IANS
Mumbai, March 12 (IANS) IT services major Tech Mahindra has registered its interest in bidding for 51 percent stake in scam-hit Satyam Computers, it was announced Thursday.
"In line with the process ... Read more...
Posted in Business |
Satyam alerts prospective strategic investors on stake sale (Lead)
March 9th, 2009 - 3:04 pm ICT by IANS
Hyderabad, March 9 (IANS) Fraud-hit Satyam Computer Services Monday said it had started the process to sell 51-percent majority stake in the company by way of a global auction after India's market ... Read more...
Posted in Business |
Satyam starts bidding process for its sale
March 9th, 2009 - 12:48 pm ICT by IANS
Hyderabad, March 9 (IANS) Fraud-hit Satyam Computer Services Monday said that it had started the process to sell 51-percent majority stake in the company by way of a global auction after India's ... Read more...
Posted in Business |
Ecuador to receive five Indian choppers at air show
February 12th, 2009 - 1:59 pm ICT by IANS
Bangalore, Feb 12 (IANS) India will deliver on its first export order for its indigenously built choppers when state-run Hindustan Aeronautics Ltd (HAL) hands over five Dhruv advanced light helicopters (ALH) to ... Read more...
Posted in Uncategorized |
Indian combat jet with indigenous engine further delayed
February 3rd, 2009 - 10:00 pm ICT by IANS
Bangalore, Feb 3 (IANS) The Indian Air Force (IAF) may have to wait for over a decade to fly a home-grown combat jet powered by an indigenous engine as its full development ... Read more...
Posted in Uncategorized |
Gripen offers India technology for multi-role fighter jets
January 28th, 2009 - 4:58 pm ICT by IANS
New Delhi, Jan 28 (IANS) Heating up the race for the contract to supply 126 medium multi-role combat aircraft to the Indian Air Force, Gripen, a Swedish firm, has proposed to India ... Read more...
Posted in Business |
Post Mumbai attack, army seeks more equipment to strengthen forces
January 14th, 2009 - 9:07 pm ICT by IANS
New Delhi, Jan 14 (IANS) In the wake of the 60-hour hostage drama that unfolded in Mumbai last year, highlighting the lacunae in the Indian Special Forces, the army has asked for ... Read more...
Posted in World |