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| IAF slams HAL, bats for private sector | 20-NOV-09 |
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| Private sector companies engaged in aerospace manufacture and R&D now have an influential new supporter: The Indian Air Force (IAF). In New Delhi today, the IAF’s vice chief, Air Marshall Pranab Kumar Barbora forcefully called for government policy changes to encourage the private sector in aerospace production, to kickstart a sector that has long been dominated by public sector Hindustan Aeronautics Ltd (HAL). |
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| US wants India to raise FDI cap in defence, insurance to 49% | 19-NOV-09 |
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| The Obama administration wants India to lift the cap in both defence and insurance sectors, a top US official said. "One thing that I think the Indian government could do would be to lift the cap on foreign equity in Indian defence firms, from 26 per cent to 49 per cent," the Assistant Secretary of State for South and Central Asia Robert Blake, told reporters at a conference. |
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| EGoM meet tomorrow to review 3G spectrum vacation | 18-NOV-09 |
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| An Empowered Group of Ministers (EGoM) will meet tomorrow to review progress on auction of 3G mobile licences, amid sharp differences between the telecom and defence ministries over release of spectrum (airwaves) for commercial use. |
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| 'Exports, defence offset business to drive our growth' | 17-NOV-09 |
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| Bharat Electronics Ltd (BEL), the Bangalore-based public sector unit in the defence sector, is looking at a turnover of Rs 10,000 crore by 2012. Ashwani Kumar Datt, who recently took over as Chairman and Managing Director, spoke to Mahesh Kulkarni on the company’s route to the target. |
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| Ajai Shukla: No thanks, you're blacklisted! | 17-NOV-09 |
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| Over this last decade, the Ministry of Defence (MoD) has “blacklisted” so many foreign arms corporations that the military’s modernisation plan has virtually stalled. The MoD “blacklist” is not a formal document; an arms vendor is mostly embargoed unofficially, when senior bureaucrats agree that it is playing dirty. |
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| DoT to seek Cabinet nod for Rs 10,000-cr defence proj | 13-NOV-09 |
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| The Department of Telecom (DoT) will approach Cabinet shortly seeking allocation of Rs 10,000 crore to prepare an optical fibre cable (OFC) network for defence forces in the next three years in lieu of release of spectrum for mobile services. |
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| DoT, defence scrap over 3G spectrum | 12-NOV-09 |
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| The inter-ministerial battle over spectrum for 3G telecom services has intensified, with the department of telecommunications (DoT) rejecting a claim by the ministry of defence (MoD) that it has not accounted for 10 MHz of spectrum given to DoT at the end of October in the information memorandum (IM). |
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| Defence PSUs win Raksha Mantri awards | 09-NOV-09 |
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| Four Strategic Business Units (SBUs) of BEL have won the Raksha Mantri’s Excellence Awards under various categories. The four SBUs are BEL-Hyderabad, which has won the Raksha Mantri’s Award for the ‘Best Performing Division’ among defence PSUs. |
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| Defence tie-up boosts Mahindra Satyam | 04-NOV-09 |
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| The stock managed to add more gains and touched a high of Rs 105. The stock finally ended with a 4.3% gain at Rs 103. Over 3.62 million shares changed hands at the counter today. |
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| Mahindra Satyam ties up with defence firm Saab | 04-NOV-09 |
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| Mahindra Satyam today announced its plans to collaborate with defence and security company Saab to develop its operations in India for the global defence and homeland security market. |
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