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Tata Sons may bank on TCS to clear telecom arms' AGR dues

It will most likely bank on TCS for sourcing funds in case it has to pay the dues immediately, sources said.
The Economic Times

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INDIAN ARMED FORCES

Jindal Defence signs JV pact with Brazil's Taurus Armas for manufacturing small arms

The agreement for a 51:49 JV between the two companies was signed on Tuesday at the 1st Brazil–India Defence Industry Dialogue of the India-Brazil Business Forum (IBBF), organized by the Ministry of External Affairs in association with CII, Assocham, and Ficci.

Army plans special pensions for 1965, 1971 war veterans: Indian Army chief General Naravane

"Some proposals have been sent to the Defence Min...

DRDO to set up five new labs to prepare Indian armed forces for future high-tech warfare

The specialised areas of work for these laboratories...

ET Prime Distribution
  • "A momentous and historic day for India as PM @narendramodi ji fulfils yet another long-pending demand and India gets its First Chief of Defence Staff. I am confident that this decision will further strengthen India's resolve to be among the best defence forces in the world," Shah said. The home minister also congratulated General Bipin Rawat, on taking charge as India's first CDS.

    Providing an upbeat picture of the relations between the two militaries, which shared arduous and at times testing ties guarding the 3,488-km long LAC, Defence spokesman Col Wu Qian said the just concluded joint counter terrorism drills in India "showed the determination" of the two sides to protect the regional stability besides fighting terrorism.

    The three will certainly share rare camaraderie as the chiefs, which is important to promote “jointness” in the three Services that often pull in different directions. Real synergy among the Army, Navy and IAF is critical as India moves to appoint its first-ever tri-Service chief or chief of defence staff (CDS).

    National Cyber Security Coordinator Lieutenant General Rajesh Pant (retd) said the three wings of the armed forces have their own public relations officers and "they are going in different ways". "When are we going to have our own equivalent of the DGISPR because the (Indian armed forces) services have their own PRs and they are going in different ways," he said.

    The conference report on National Defense Authorisation Act or NDAA 2020 identified five topics to be covered in the briefing, including a description of military activities of the United States and India, separately, in the Western Indian Ocean, and a description of military cooperation activities between the two countries in the Western Indian Ocean.

    The combined arms sales of the three Indian arms companies listed in the top 100 were USD 5.9 billion in 2018— a decrease of 6.9 per cent on 2017. The three Indian companies on SIPRI's list of top 100 global arms firms are Hindustan Aeronautics Limited ranked 38, the Indian Ordnance Factories ranked 56 and Bharat Electronics Limited (BEL) ranked 62.

    In written response to a question in the Rajya Sabha, Minister of State for Defence Shripad Naik said that in 2016, six Army personnel died in terrorist attacks, followed by 13 in 2017 and 12 in 2018.

    The armed forces are either slowing down modernisation projects or slashing operational requirements due to severe fund crunch. The grim situation can also be gauged from the fact that arms acquisition cases are piling up in the Cabinet committee on security without being cleared due to the lack of funds.

    India is one of the few countries which has its own active and successful BMD programme. All essential technologies required for BMD, like propulsion system, sensors, precision control systems and terminal intercept technology with kill vehicle development have matured and have been proven through various tests, pointed out DRDO Chief G Sateesh Reddy.

    Defence Minister Rajnath Singh will discuss the Agreement on Reciprocal Logistics Support (ARLS) with his Russian counterpart General Sergei Shoigu during the 19th India-Russia Inter-Governmental Commission on Military and Military Technical Cooperation on November 6, officials said. Singh will be on a visit to Russia from November 5 to 7.

    Discussions for the creation of a Joint Services Act by the government featured in the Army Commanders' conference along with talks on training in the fields of space, artificial intelligence and military education, keeping in mind modern warfare.

    Defence Minister Rajnath Singh praised Indian Armed forces in a veiled reference to Pakistan.

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