defence

 

Turkey's plan to buy Russian defence system a risk for NATO: US general

Jul 15 2018

Turkey’s plans to buy the Russian S-400 missile defence system would give a weapon used by “known foes” of NATO deep insight into the radar-evading F-35 fighter jets arriving in growing numbers in Europe, the top U.S. Air Force general in Europe said.

Citizens should pressurize government for effective policy-making: Debroy

Jul 13 2018

Prime Minister's Economic Advisory Council Chairman Bibek Debroy said on Friday that citizens should exert pressure on the government for effective policy-making and their conclusive implementation.

Trump scolds NATO members on defence spending ahead of summit

Jul 10 2018

US President Donald Trump has complained again about the defence expenditure of the North Atlantic Treaty Organization (NATO) members.

UK blocks Chinese aerospace sale after security probe

Jul 09 2018

Better Capital's sale of airplane parts firm Northern Aerospace to a Chinese buyer has fallen through after regulators did not issue approval following a probe into national security concerns.

UP govt identifies 3,000 hectare land for defence industrial corridor

Jul 03 2018

The Uttar Pradesh Cabinet chaired by Chief Minister Yogi Adityanath today gave its approval to the state's UP Defence, Aerospace Unit and Employment Promotion Policy, 2018 while also paving the way for the construction of a defence industrial corridor, an official statement released here said.

Govt asks ministries to notify domestic content norms for public procurement of goods

Jul 03 2018

In order to promote Make in India, the government has asked all ministries and departments to notify the domestic content norms for goods to be procured by them, an official said.

Japan to buy advanced US radar for missile defence system

Jun 29 2018

Japan will next week pick a U.S.-made advanced radar for its multibillion-dollar missile defence system, an upgrade that could help ease trade friction with Washington and provide cutting-edge protection against the arsenals of North Korea and China.

Housing schemes, defence needs to push steel demand: Minister

Jun 29 2018

Demand for steel is expected to grow for meeting the needs of the state-run flagship schemes like Make in India, housing projects and the defence sector, said Union Steel Minister Chaudhary Birender Singh.

Govt clears list of clothing items required to be procured by soldiers using special allowance

Jun 29 2018

After months of deliberations, the Defence Ministry has approved a list of items which will have to be purchased by each soldier from an annual clothing allowance of Rs 10,000, official sources said.

BAE wins $25.7 billion Australian frigate contest

Jun 29 2018

BAE Systems has won a A$35 billion (19.66 bn pounds) contest to deliver anti-submarine warfare frigates for the Australian navy, the Australian govt said.

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Stocks In News

 

COFFEE DAY

ICICI Lombard sells 17.7 Lk shares or 0.84% equity at Rs 270/sh

VAKRANGEE

In pact with Reliance Nippon to sell Mutual Fund products

Nextgen Vakrangee Kendras to offer mutual fund distribution on pan India basis

TATA STEEL

Plans to sell part of se Asia biz as part of strategy to exit non scalable biz

To sell Singapore & Thailand units valuing them at $ 500Mn

Singapore & Thailand biz contributes 16% to revenues & 2% to EBITDA

To turn focus to domestic market

ET REPORTS

IDFC

Avendus cap-KKR emerge as frontrunner to acquire IDFC MF

Offer of Rs 3,000-4,000 Cr made by FIN services firm

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