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  US, India collaboration in defence exciting: Richard Verma

  India | February 24, 2015 17:00 IST

  Hyderabad: US Ambassador to India Richard Verma has termed as "exciting" the joint research and development and co-production by the US and India in the defence sector.Delivering a talk at the Indian School of Business

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  Reliance Group foraying into Defence business; to invest more than $20 bn

  February 23, 2015 22:44 IST

  New Delhi: Anil Ambani's Reliance Group is planning to bid for more than $20 billion worth of defense contracts in the coming years. The group is in talks with global aerospace and defence companies to

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  Tata Motors developing vehicles for defence sector

  December 18, 2014 8:24 IST

  Jamshedpur: Leading auto manufacturer Tata Motors is in the process of developing vehicles for the defence sector, which are capable of carrying weapons."We have successfully tested the vehicles meant for defence sector. We only need

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  Antony prevails, FDI cap in defence remains 26 per cent

  India | July 16, 2013 22:13 IST

  New Delhi, Jul 16: FDI cap in defence sector will remain at 26 per cent and proposals beyond that will be considered by the Cabinet Committee on Security on case to case basis, according to