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defence.capital

India plan for $3-bn Airbus cargo plane goes to cabinet for decision

By Ayaskant Das, Staff Writer New Delhi: India’s $3.15-billion plan to buy 62 Airbus C-295 medium lift transport aircraft for its air force and coast guard is all set to go to the central cabinet for a decision, people familiar with the development said today. The proposal to […]

Mukesh Ambani firm enters India drones market with Asteria Aerospace shares acquisition

Mumbai: India’s leading industrialist Mukesh Ambani has ventured into the emerging drones market with the Rs 23-crore equity shares acquisition by Reliance Industries Limited in Asteria Aerospace Private Limited. Reliance Industries Limited (RIL) said in a filing with the stock exchanges today that its wholly-owned subsidiary, Reliance Strategic […]