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GVK Power sells 33% stake in BIAL for Rs 2,202 crore

GVK Power sells 33% stake in BIAL for Rs 2,202 crore

GVK Power & Infrastructure today said that it has divested 33 per cent stake in the Bangalore International Airport to FIH Mauritius and Fairfax India Holdings for Rs 2,202 crore to bring down its debt level.

Russia in talks to clinch Chinese approval for India’s NSG Entry

Russia in talks to clinch Chinese approval for India’s NSG Entry

Russia is negotiating with China in an attempt to facilitate India’s entry into the coveted Nuclear Suppliers Group.

China, Nepal to discuss joint military exercises

China’s defence minister will arrive in Nepal later Tuesday for talks on joint military exercises, a meeting that will be closely watched by India as Beijing boosts its influence in the region.

Government clears Ranjan Mathai as independent director of Jet Airways

Government clears Ranjan Mathai as independent director of Jet Airways

Jet Airways Thursday said the ministry of civil aviation has cleared the appointment of Ranjan Mathai, a former Indian Foreign Secretary and Indian High Commissioner to the UK, as an independent director in the airline

Multi-nation military drill kicks off in Nepal

Multi-nation military drill kicks off in Nepal

Over 1,000 army personnel from 28 countries, including India, are participating in a multi- nation military drill in Nepal aimed at training defence personnel for participation in the UN peacekeeping missions.

Tejas: Project to develop unmanned variant of Tejas planes in works

Tejas: Project to develop unmanned variant of Tejas planes in works

In what would break new ground, India has started work on developing an unmanned combat version of the home-grown light combat aircraft (LCA), with a task group being constituted to study how to convert the fighter for a futuristic role.

AAI to meet airline chiefs on building bays at 2 airports

AAI to meet airline chiefs on building bays at 2 airports

Airports Authority of India Chairman Guruprasad Mohapatra has called a meeting of airline chiefs on Tuesday to discuss parking and landing slots at the country’s airfields.

CPEC to enhance cooperation: Mushahid Hussain, chairman, Pakistan panel on CPEC

CPEC to enhance cooperation: Mushahid Hussain, chairman, Pakistan panel on CPEC

Pakistan rejects India’s assertion that the China-Pakistan Economic Corridor violates India’s sovereignty since the project runs through Pakistan-occupied Kashmir, said Mushahid Hussain, chairman of Pakistan’s parliamentary committee on CPECBSE -4.45 %.

Plan to curb terror, boost maritime security likely at NSA Summit

Plan to curb terror, boost maritime security likely at NSA Summit

India will push for a joint action plan to counter terrorism, de-radicalise potential recruits, and enhance maritime security in the Bay of Bengal region when it hosts on Tuesday the first meeting of the national security advisers (NSA) to the seven BIMSTEC countries.

Project to develop unmanned variant of Tejas planes in works

Project to develop unmanned variant of Tejas planes in works

In what would break new ground, India has started work on developing an unmanned combat version of the home-grown light combat aircraft (LCA), with a task group being constituted to study how to convert the fighter for a futuristic role.

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