The L&T-Navantia bid failed to meet technical requirements. The deal, which will easily cost over Rs 70,000 crore, will see the German firm design a new submarine to cater to Indian needs.
Navy chief Admiral Dinesh Tripathi puts the spotlight on Pakistan's ambitious plan to be 50-ship strong in the next decade. Says operational plans are being tweaked with it in mind.
3 new Scorpène submarines are being built by Mazagon Dock Shipyard in partnership with France's Naval Group. Acquisition of Rafale M aircraft is under Inter-Governmental Agreement.
Spanish firm Navantia is looking to base its Asia operations in India, as Indonesia and Vietnam consider buying submarines from the company, it is learnt.
Rajnath Singh laid foundation stone for 2,900-acre Very Low Frequency (VLF) station in Telangana Tuesday. Apart from the new station, India has a VLF facility in Tirunelveli.
The first submarine under P75I is to be delivered in 7 years from the date of contract signing. So, if a contract is inked tomorrow, the first submarine will come by 2031 earliest.
For all its obvious blemishes, capitalism alone holds out the most creative and dynamic force that any civilization has ever discovered, wrote BP Godrej in 1980.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
This is the first major attack on central security forces since last November, when a CRPF jawan was killed and four were injured in an ambush in Jiribam on Manipur-Assam border.
Many really smart people now share the position that playing cricket with Pakistan is politically, strategically and morally wrong. It is just a poor appreciation of competitive sport.
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