Govt simplifies defence rules to woo foreign firms

Last Updated: Monday, June 1, 2015, 16:09

In order to provide a level-playing field to private players, the government withdrew excise and Customs duty exemptions enjoyed by the Ordinance Factory Board and defence PSUs.

Foreign firms likely to be allowed to claim deduction on DDT

Last Updated: Tuesday, February 10, 2015, 17:17

Some announcement in this regard is likely to be made by Finance Minister Arun Jaitley in his Budget on February 28, sources said.

China`s Communist Party setting up branches in for

Last Updated: Tuesday, June 28, 2011, 22:08

The ruling Communist Party of China (CPC)is reaching out to employees of foreign firms.

US hits more foreign firms with Iran sanctions

Last Updated: Wednesday, May 25, 2011, 00:10

The Obama administration on Tuesday hit seven foreign companies, including Venezuela` state-owned oil company and an Israeli shipping firm, with sanctions for doing business with Iran that helps fund its nuclear program.

IAF begins flight trials for foreign firms

Last Updated: Monday, August 17, 2009, 19:12

The Indian Air Force on Monday began the flight evaluation and performance trials for the six foreign defence firms which are in race to bag an estimated USD 10 billion order for 126 Medium Multi Range Combat Aircraft.