MUMBAI: The insurance regulator has rejected Life Insurance Corporation’s demand to raise the ceiling on equity holding in a company but turned a blind eye in some cases where it has breached the limit, said two people familiar with the decision. The Insurance Regulatory & Development Authority (Irda) last...
NEW DELHI: Having jolted the government over the critical operational gaps in its military capabilities, the Army is now pushing hard for fast-track policies and acquisitions to ‘enhance its combat ratio versus China’ as well as ‘upgrade its combat edge’ against Pakistan. The defence ministry, too, is responding with...
The Renault Sherpa offered to India is designed with a flexible platform in mind so as to incorporate a number of different types military vehicles ranging from fully armoured convoy trucks to military transport trucks. Sherpa Light :: The Sherpa Light family of vehicles from Renault are light armoured...
The Indian Air Force has now decided to deploy its additional six C-130J Super Hercules transport aircraft at Panagarh in West Bengal, the likely location of a proposed Army Mountain Corps headquarter and not in Odisha. The IAF was earlier planning to deploy the six aircraft in Charbatia in...
IMPHAL: Union MoS for defence Palam Raju will inspect the progress of the development work of the deplorable NH-37, connecting Imphal and Jiribam sub-division bordering Assam on Wednesday. Previously known as NH-53, the highway is currently being maintained by the Border Roads Organization (BRO), which is partly under the...
The Indian Navy is all set to commission it’s first Unmanned Aerial Vehicle (UAV) squadron on the East Coast at Uchipuli. The UAV squadron in the east coast is a significant step towards strengthening maritime surveillance and reconnaissance in Palk Strait, Gulf of Mannar and Palk Bay off the...
NEW DELHI: Days after a leading daily ‘The Indian Express’ claimed that Army had moved its two units towards Delhi on January 16 without notifying the government, Defence Secretary Shashi Kant Sharma will on Monday depose before the Parliamentary Standing Committee on Defence to clarify over the issue. According...
NEW DELHI: The CBI is looking into the payments made by defence PSU BEML to Tatra Sipox UK for the supply of all terrain trucks and plans to sent judicial request to the United Kingdom seeking details of its financial transactions and ownerships. The agency suspects that payments from...
The inhospitable Siachen region, which has gained the title of the “world’s highest battlefield” though more people were killed due to the atrocious weather than by enemy fire. After independence who controlled Siachen -India or Pakistan? For a long time, nobody controlled Siachen and the glacier remained no man’s...
Kolkata Karl Marx and Friedrich Engels — founders of Marxism — may be out of history syllabus in government schools in West Bengal following a recommendation by a state education panel. Mamata Banerjees move, months after she ended the 34- year- old Left rule in the State, was condemned...
Russia and India plan to complete several other naval contracts, which could make 2012 “the year of the navy” in bilateral military technical cooperation. Construction of the Nerpa, re-commissioned as the INS Chakra II, was launched in 1991 and completed in the 2000’s for lease to India. Initially, it...
The Indian Navy is planning to purchase more than 75 choppers at an estimated cost of over $4 billion to meet the demand of it’s expanding area of operations. This tender is one of the world’s largest tenders for multirole helicopters. The Indian Navy had recently asked global helicopter...
Maiden flight of the second fully modified aircraft for the indigenously developed Indian Airborne Early Warning and Control System (AEW&C) was held at 1930 IST on 4th April 2012 at the San Jose dos Campos in Brazil. The necessary Mission systems & components including the dummy AAAU (Active Antena...
NEW DELHI: After raising an exclusive women’s battalion 25 years ago, the CRPF has now set up the world’s first all-women ‘paramilitary’ pipe band. The 22-member band will get its ceremonial colours on April 9 during the ‘Valour Day’ celebrations of the paramilitary force. The band will be led...
HYDERABAD: The Defence Research and Development Organisation (DRDO) will invest over Rs 1000 crore to create 4-5 new facilities for testing and quality. The investment and creation of these facilities will be over the next two-three years. These include, a full-fledged launch control centre in Port Blair, a hypersonic...
NEW DELHI: A spate of controversies about the Army may have been a result of the vicious factional feud within the force, but there are indications that the controversies are also being used as fodder to target defence minister AK Antony. Allegations against Army chief Gen VK Singh, ranging...
Network of arms dealer Viktor Bout is alleged to have armed Qaida, Taliban NEW YORK: International arms dealer Viktor Bout, whose network is alleged to have armed the Al-Qaida and Taliban, has been sentenced to 25 years in prison by aUScourt for conspiring to supply deadly weapons, including surface-to-air...
CHANDIGARH: A woman cadet who was “compelled” to resign from the Officers Training Academy (OTA) after a spinal injury has been directed by the Delhi HC to join back. The court observed that her resignation was not voluntary and was withdrawn before it was accepted. Shivanjali Sharma had joined...