Pipavav to become top defence manufacturer: Anil Ambani
Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.
Mar 08, 2015, 19:09 PM ISTReliance Infra acquires Pipavav Defence for up to Rs 2,082 cr
In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.
Mar 04, 2015, 19:52 PM ISTAnil Ambani's Reliance Group forays into defence sector
Three subsidiaries have been incorporated for the foray under group firm Reliance Infrastructure, the company said in a regulatory filing.
Feb 12, 2015, 13:49 PM ISTDefence procurement policy will be industry friendly: Parrikar
Government Sunday said it will come up with industry friendly defence procurement policy with a view to attracting overseas and domestic investment for manufacture of equipment in the country.
Jan 11, 2015, 22:32 PM ISTTata Motors developing vehicles for defence sector
Leading auto manufacturer Tata Motors is in the process of developing vehicles for the defence sector, which are capable of carrying weapons.
Dec 17, 2014, 19:49 PM ISTGovt notifies increase in FDI cap to 49% in defence sector
The government on Tuesday notified increase in foreign direct investment (FDI) limit to 49 percent through approval route in the defence sector.
Aug 26, 2014, 18:37 PM ISTFDI in defence is wise decision, should be welcomed: Venkaiah
In order to reduce the dependence on import of defence equipment, the government decided to allow foreign direct investment in defence sector, Urban Development Minister M Venkaiah Naidu on Monday said here.
Aug 25, 2014, 21:57 PM IST