The development follows a meeting between Reliance Group Chairman Anil Ambani and Ukraine's President this week
Proceeds to be used to augment long-term resources to exit from CDR and strengthen its financial position
The JV proposal comes at a time when India is in the process of upgrading the 105-strong fleet of AN 32, the country's primary transport aircraft
Venture to focus on air-to-air missiles, air defence systems
The vessel completed its sea-trials in two days to the satisfaction of ONGC and Indian Register of Shipping
DIPP approval aims to address defence programmes in country and overseas
The company looks to meet amphibious aircraft requirements of the Indian Navy, pegged at Rs 9,000 crore, and light utility helicopters, valued at more than Rs 20,000 crore