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.
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 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 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 over the last two days on the Line of Control (LoC) in Rajouri and Poonch districts, Defence Ministry sources said.
Russian long-range military bombers conducted air strikes on terrorist facilities in eastern Syria.
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.
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.
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.
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.
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
MAHINDRA & MAHINDRA
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