defence ministry


Defence Ministry's nod for procuring 7.40 lakh assault rifles

Feb 13 2018

The Defence Ministry cleared a proposal to buy 7.40 lakh assault rifles at a cost of Rs 12,280 crore for the three services, officials said.

Lone JeM terrorist still holed up in Sunjuwan military camp: Army

Feb 12 2018

The army on Monday said that one terrorist was still holed up inside the Sunjuwan military camp in Jammu, three days after a terror attack left six persons dead.

Def Min asks FinMin to remove edu fee cap for martyrs' children

Feb 10 2018

Def Ministry has requested Fin Min to remove the cap of Rs 10,000 per month on educational assistance given to children of martyrs or those disabled in action.

Japan protests to China over submarine near disputed islands

Jan 12 2018

Japan protested to China after a foreign submarine in waters near disputed islands in the East China Sea was confirmed to be Chinese, calling it a unilateral action.

Five Pakistani soldiers have been killed on LoC in two days

Dec 26 2017

Five Pakistani soldiers have been killed over the last two days on the Line of Control (LoC) in Rajouri and Poonch districts, Defence Ministry sources said.

Russian bombers strike Islamic State facilities in Syria

Nov 05 2017

Russian long-range military bombers conducted air strikes on terrorist facilities in eastern Syria.

China says defence ties inject "positive energy" into US relation

Oct 26 2017

China’s Defence Ministry said military relations between China and the US are a positive force in ties, and China wants to deepen mutual trust and cooperation.

Taliban kill at least 43 Afghan troops as they storm base

Oct 19 2017

The Afghan Taliban stormed a military base in the south of the country killing at least 43 troops, with the militants putting the toll at at least 60.

US-led forces transfer IS militants from Raqqa to Deir al-Zour

Oct 15 2017

Dozens of Islamic State (IS) militants are being transferred from the northern city of Raqqa towards Deir al-Zour province in eastern Syria, a media report said.

Defence Ministry reviews implementation of reforms in Army

Oct 05 2017

She took stock of the progress in implementing the Army's reform process under which nearly 57,000 officers are being redeployed to enhance the combat capability.

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US dollar ends higher against rupee

Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.

Following are the Interbank forex and RBI rates: (In Rs per unit) Unit   Interbank   RBI Reference US Dollar  64.21/22  US Dollar  Rs 63.9097 Pound Sterling  90.34/36  Euro       Rs 80.1683 Euro   80.18/20 Japanese Yen (100) 60.50/52



Approves Allotment Of 24.9 Mn Shares On Preferential Basis To 8 Investors

Approves Allotment Of 24.9 Mn Shares At Rs 1,726.05/Share


To invest in Zoomcar India, Zoomcar Inc, U.S.

To invest Rs 176 cr in Zoomcar India

Initial investment in Zoomcar India likely to be completed by Feb 20

Additional investment in Zoomcar India expected to be completed by Aug 31

Co’s stake to increase to 16%


RBI inspection had found diversion of funds within group firms

Funds to the tune of Rs 525 cr given to intermediary borrowing cos

Religare Finvest increased corporate loan book against RBI’s directions

RBI has asked for clarity on rollover of fixed deposits with a bank

Findings suggested continued weakness of internal controls

Economic Times Reports


SC Allows Sale Of Fortis Health Shares Pledged With Lenders

SC allows Axis Bank, Yes Bank to sell, transfer pledged share of Fortis

Earlier, SC had restrained financial institutions from selling pledged shares

Business Standard Reports


Granted European GMP certification from Hungarian regulators for Mfg plant at Goa

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