Last Updated: Thursday, June 20, 2013, 23:12
The private Indian defence sector has taken "unprecedented toll" due to the depreciating value of rupee in the recent past and will have tough times ahead with the free fall of the currency, an industry body said Thursday.
Last Updated: Tuesday, June 4, 2013, 19:15
Amid concerns over rising Current Account Deficit (CAD), the Finance Ministry Tuesday said the government is examining the scope for raising foreign direct investment (FDI) cap in various sectors including defence.
Last Updated: Monday, April 22, 2013, 18:07
Commerce and Industry Minister Anand Sharma Monday informed Parliament that the government is not considering any proposal to amend FDI policy in defence, warehousing and food storage sectors.
Last Updated: Monday, April 22, 2013, 15:58
Commerce and Industry Minister Anand Sharma on Monday informed Parliament that the government is not considering any proposal to amend FDI policy in defence, warehousing and food storage sectors.
Last Updated: Wednesday, April 3, 2013, 17:20
Commerce and Industry Minister Anand Sharma said Wednesday the government is considering raising the foreign direct investment limit in defence sector at least to 49 percent from the existing 26 percent.
Last Updated: Monday, April 1, 2013, 13:18
Announcing the provisional figures here, the company declared an interim dividend to the tune of Rs 823 crore, 683 percent of equity base of Rs 120.50 crore.
Last Updated: Saturday, February 9, 2013, 14:59
Mahindra and Mahindra on Friday said it will acquire 26 percent stake in its defence joint venture with BAE Systems, ending their three-year old partnership.
Last Updated: Thursday, January 31, 2013, 14:22
Navy chief Admiral DK Joshi also stressed on the need for the local industry to increase indigenisation in the critical defence technology sector.
Last Updated: Tuesday, November 13, 2012, 12:37
As the Obama Administration moves towards strategic re-balance in the Asia-Pacific region, the US today it was working with India to develop increased defence co-operation.
Last Updated: Monday, June 25, 2012, 18:51
In an extra-ordinary general meeting of the company, the shareholders gave approvals to raising funds up to USD 200 million by issue of securities, it said in a BSE filing.
Last Updated: Wednesday, April 11, 2012, 00:03
UK Prime Minister David Cameron is making an upfront pitch for Britain`s defence sector during his ongoing visit to Japan and other countries in south-east Asia.
Last Updated: Friday, March 30, 2012, 19:07
Mahindra & Mahindra on Friday announced formation of two separate joint ventures in defence sector targeting a minimum turnover of USD 1 billion in the next ten years.
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