By N. C. Bipindra New Delhi: India has come out with a set of new guidelines to govern India-Russia Joint Ventures for spares, and committed orders to such business entities are among the attractions. The eight-page policy document envisages allowing even single-vendor situation to sign contracts. Single-vendor situation […]
New Delhi: India has set a target of $5 billion defence exports by 2025 and to achieve this target, the Narendra Modi government has taken several steps and carried out reforms in the policy, enabling seven-fold growth in defence export authorisation in the last two years. The measures […]
Bengaluru: India’s Hindustan Aeronautics Limited (HAL) will face a major lock-down of operations at all its nine manufacturing locations across the country from tomorrow after the talks between the management and the labour unions broke down following their two-day talks that ended today over wage revision issues. Following […]