A Rs 10,000 cap on the education fee paid to the children of military personnel killed in the line of duty has been removed, the government announced.
The Defence Ministry cleared a proposal to buy 7.40 lakh assault rifles at a cost of Rs 12,280 crore for the three services, officials said.
The army on Monday said that one terrorist was still holed up inside the Sunjuwan military camp in Jammu, three days after a terror attack left six persons dead.
Def Ministry has requested Fin Min to remove the cap of Rs 10,000 per month on educational assistance given to children of martyrs or those disabled in action.
Japan protested to China after a foreign submarine in waters near disputed islands in the East China Sea was confirmed to be Chinese, calling it a unilateral action.
Five Pakistani soldiers have been killed over the last two days on the Line of Control (LoC) in Rajouri and Poonch districts, Defence Ministry sources said.
Russian long-range military bombers conducted air strikes on terrorist facilities in eastern Syria.
China’s Defence Ministry said military relations between China and the US are a positive force in ties, and China wants to deepen mutual trust and cooperation.
The Afghan Taliban stormed a military base in the south of the country killing at least 43 troops, with the militants putting the toll at at least 60.
Dozens of Islamic State (IS) militants are being transferred from the northern city of Raqqa towards Deir al-Zour province in eastern Syria, a media report said.
Acquires Cynosure Inc and Cynosure Interface Solutions for $31mn and Rs13cr respectively
To add platform capabilities in the insurance segment which contributes 15% of total business
The Acquisition is expected to close within the next 3 months
Sells Essar Steel loan to Deutsche Bank
Has sold its $385 mn Foreign currency loan extended to Essar Steel
Bank has taken a 38% haircut
Rs 1600 cr is expected earnings to the bank from the deal
Economic Times Reports
To Sell 50% stake in prime Mumbai office assets to Blackstone for $1.3bn
The co is also in discussions to sell its residential and commercial projects in Chennai
To convene shareholder’s meet on 23rd March in regard to the proposed divestment
Gets Order Worth Rs 230 Cr From NTPC
To perform the pressure part metallurgy upgradation for 3 660MW super critical steam generators
Will help NTPC commission the 3x 660MW plant started 12years
Declared L1 bidder for EPC Project in UP worth Rs 677cr from NHAI
The completion period for the project is 30 months