Defence Acquisition Council (DAC), which is the highest decision-making body of the (Defence) ministry, gave a go-ahead to the proposals, out of which acquisitions amounting to Rs 27,000 crore would be sourced from Indian authorities

Asked about the rapid expansion of the Chinese People's Liberation Army (PLA) and possible challenges from it for India, the Chief of Naval Staff said the Indian Navy was focusing on boosting its overall combat prowess

The defence ministry approved procurement of Static HF Tans-receiver sets and Smart Anti Airfield Weapon (SAAW) at a cost of around Rs 1,510 crore and Sig Sauer assault rifles for Rs 780 crore

The DAC approved procurement of 106 basic trainer aircraft from Hindustan Aeronautics Limited (HAL) to address the basic training requirements of Indian Air Force

The contract has Buy and Make (Indian) categorisation with a minimum of 50 per cent indigenous content in make portion of the contract, Ministry of Defence said in a notification

The decision was taken at a meeting of the Defence Acquisition Council (DAC) headed by Defence Minister Rajnath Singh

The approvals granted today include acquisitions from Indian industry of Rs 31,130 crore with focus on indigenous design and development

According to Swanson, over USD 1 billion of products and services sourced from India go into the most advanced Boeing aircraft across its commercial and defence businesses.

President Bolsonaro will hold talks with Prime Minister Narendra Modi and President Ram Nath Kovind separately on Saturday

The other shortlisted foreign players include South Korean Daewo, German Thysenkrupp Marine Systems and Spanish Navantia

First CDS of India: General Rawat was the frontrunner for the post that was announced just a few days ago. The CDS will serve as the single-point advisor to the government on all matter related to the military

The Chief of Defence Staff (CDS) will be a four-star position, created as part of a defence management overhaul

This capital procurement was given the go ahead by Defence Acquisition Council (DAC) at a meeting chaired by Defence Minister Rajnath Singh on Thursday

Whistleblower letter alleges accounting irregularities in InfosysAn alleged group of employees at Infosys who recognise themselves as 'Ethical employees' have levelled allegations for the first time against current CEO Salil Parekh and CFO Nilanjan Roy of 'wilful misstatement' and 'accounting irregularities' to make the company's performance look good. They also claim to have the required evidence to prove their claim which they intend to submit during the course of investigation....

Maintaining its impetus on the 'Make in India' initiative, Defence Acquisition Council has given approval for three projects to be indigenously designed, developed and manufactured by the Indian industry

When it comes to domestic defence production, annual sales turnover reported by both public and private sector companies totals Rs 80,502 crore in 2018/19, up about two per cent over the previous year. The target for 2019/20 is ambitious: Rs 90,000 crore

The project for 56 medium transport aircraft by the Tata-Airbus consortium is ready to be initiated this year while the other mega project for 114 fighter jets will take some years to take off.

Even though the promoters of Mindtree once vehemently opposed the takeover by L&T, the appointment of new additional directors from L&T on Mindtree's board has come through a board resolution