defence ministry


Education fee cap for military martyrs' children removed

Mar 22 2018

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.

Defence Ministry's nod for procuring 7.40 lakh assault rifles

Feb 13 2018

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.

Lone JeM terrorist still holed up in Sunjuwan military camp: Army

Feb 12 2018

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 Min asks FinMin to remove edu fee cap for martyrs' children

Feb 10 2018

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 protests to China over submarine near disputed islands

Jan 12 2018

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 on LoC in two days

Dec 26 2017

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 bombers strike Islamic State facilities in Syria

Nov 05 2017

Russian long-range military bombers conducted air strikes on terrorist facilities in eastern Syria.

China says defence ties inject "positive energy" into US relation

Oct 26 2017

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.

Taliban kill at least 43 Afghan troops as they storm base

Oct 19 2017

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.

US-led forces transfer IS militants from Raqqa to Deir al-Zour

Oct 15 2017

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.

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Stocks In News



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

Mint Reports


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

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