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Rafale deal: All details fixed, IGA being finalised

The much anticipated contract for 36 Rafale fighter jets is likely to be sealed soon as both the countries have finalised the details for the deal which will cost about Euro 7.87 billion. Government sources said the cost, offsets and service details have been finalised and the work is being done on the Inter Governmental Agreement for the deal.

Essar Steel develops bullet proof steel for defence segment

Essar Steel develops bullet proof steel for defence segment

Essar Steel has claimed to have become the first domestic company to launch high performance bullet proof steels largely used in defence sector. The company said it has developed high performance bullet proof steel and become part of an elite club to produce this grade. Read More… Image Credits – idrw.org

Reliance Defence gets Reserve Bank nod to exit CDR

Reliance Defence gets Reserve Bank nod to exit CDR

Reliance Defence and Engineering has received RBI approval to exit the corporate debt restructuring package. Anil Ambani-led Reliance Infrastructure has acquired nearly 35 per cent in Pipavav Defence and Offshore Engineering Co, which has been renamed as Reliance Defence and Engineering. Read More…

France offers to kickstart Kaveri engine for Tejas

France offers to kickstart Kaveri engine for Tejas

  France has offered to help India revive the unsuccessful Kaveri engine project for indigenous Tejas aircraft and a host of other high-end collaboration as part of the offsets in the multi-billion Euro Rafale fighter plane deal which is now in the final stages. Read more… Image Credits – indiandefensenews.in

China Accuses US of Ignoring Facts Over India’s NSG Bid

China today accused the US of ignoring facts over India not getting entry into the NSG and claimed

IAF To Induct First Squadron of Homegrown Tejas Tomorrow

Indian Air Force will raise the first squadron of home-grown Light Combat Aircraft Tejas with the induction

India inks Rs 262-crore deal with ThyssenKrupp Marine Systems

India has signed an over Rs 262 crore deal with Germany’s ThyssenkKrupp Marine Systems to retrofit

US committed to ensuring India’s NSG membership, assures Tom Shannon

The US is committed to ensuring India’s entry into the Nuclear Suppliers Group (NSG), a top American diplomat said

Member who blocked India’s entry into NSG be held accountable: US diplomat

A week after India failed to get entry into Nuclear Suppliers Group (NSG) due to China-led opposition, the US today said

VVIP chopper deal: Christian Michel was eager about Sea King helicopter payments

British national and alleged middleman Christian Michel James, wanted in India in the Rs 3,600 crore VVIP chopper deal case, was keen to get details about certain government payments made to AgustaWestland for Sea King helicopters used by the Navy, says a ED probe report. Read more… Image Credit: us.makemefeed.com