Category Archives: Central

Rafale deal is on ,just a little delayed

dassault

India’s most awaited defence deal for 126 combat planes, expected to be worth nearly `1 lakh crore, may take longer than expected to materialize.

Just over a month after the Modi government got into the saddle, it has now emerged that the Medium Multi Role Combat Aircraft (MMRCA) tender for which India selected the French Rafale aircraft from the Dassault Aviation… Read More

Radars & Sensors to check China intrusion

indo china border

The Centre has initiated a major move to give security infrastructure along the strategically critical India-China border a significant boost. As part of the plan, the government has agreed in principle to put in place state-of-the-art powerful radars and high intensity thermal sensors to check Chinese intrusion both by air and land routes.

Sources saidRead More

The Angel Investing Wishlist From Budget 2014 : Pls Fix

indian startup

[Editorial Notes : The new government will soon announce Budget 2014 and we certainly would like to believe that the new budget will also focus on giving wings to India’s entrepreneurial energy.  V.Shankar, Angel Investor at The Chennai Angels shares key points that the new government should definitely fix.]

Angel Investor Groups play an important… Read More

CWC to provide storage to Central Medical Services Society

CWC

Central Warehousing Corporation (CWC) signed a MOA with the Central Medical Services Society (CMSS), an institution under the Ministry of Health and Family Welfare, GOI,  for providing warehousing facilities including for walk in chambers and walk in freezers for storage of drugs, pharmaceuticals, vaccines and other health sector goods.

CWC will provide… Read More

Arun Jaitley says armed forces’ demands for more funds to be accepted in Union Budget

Ministry of Defence

The “slow pace” of acquisition of weapon systems is a matter of concern and the new government will work towards “expediting” the procurement process to meet the requirements of the armed forces, Defence Minister Arun Jaitley said here today.
After attending the Naval Commanders’ Conference, he hinted that demand of the armed forces for more funds in the Union… Read More

GovTech India : The New Government is Serious About These 3 Things

ravi shankar prasad_

India’s new IT Minister Ravi Shankar Prasad spent a couple of hours listening to product startups and folks from ISPIRT yesterday. Earlier in the day, he spent time with the technology services companies.

The 3 key takeaways? Government is serious about

Broadband: The National Optical Fiber Network,  Local manufacturing of electronic goods and  E-governance… Read More

MOD raises concerns over the cost escalation in jet deal

Rafale fighter

As the French foreign minister Laurent Fabius met Indian political leadership, including prime minister Narendra Modi, pressing for sealing the multi-billion Rafale combat aircraft deal, New Delhi has raised serious concerns over the cost escalation of the fighter jet deal. Struggling to pay the heavy cost of the deal, the ministry of defence (MoD) is considering… Read More

Shortage of Officers in the Services

Indian Army

Currently, the Indian Army is facing a shortage of 11,238 officers, a huge 24.1 percent of its authorization of 46,615 officers. The other two services face similar problems. The situation seems to be worsening as is evident from the fact that only 172 of the available 300 seats have been taken up for entry into the National Defence Academy (NDA) recently.

The… Read More

India & Israel discuss Defence Deals

Military deals including a key missile development programme and procurement of two more AWACS aircraft are understood to have been discussed between India and Israel during Defence Secretary R K Mathur’s ongoing three-day visit to Tel Aviv.

The two sides have close defence ties and Israel is one of the largest weapons suppliers to India after Russia… Read More

France concerned over delay in JV

Flag Pins India France

Even as France remained confident over a deal to supply 126 Rafale fighter jets to India, its foreign minister Laurent Fabius expressed concern over a prolonged delay of an Indo-French joint venture to develop short-range, surface-to-air missile (SR-SAM) project.

In 2007, India’s DRDO and France’s MBDA began talks on a Rs 30,000 crore project… Read More

S N Tripathi gets additional charge as Chairman of Coir Board

coir board

S N Tripathi IAS, a joint secretary in MSME Ministry, has been given additional charge as Coir Board chairman,on expiry of the tenure of the Chairman, Coir Board, a Statutory Body under the Ministry of MSME.… Read More