Business Standard

Page 3 - Defence Deals

Delhi HC stays 4-year jail term of Jaya Jaitley in defence corruption case

Jaitley and two others were held guilty of corruption in a 2000-01 case related to a purported defence deal

Delhi HC stays 4-year jail term of Jaya Jaitley in defence corruption case
Updated On : 31 Jul 2020 | 1:23 AM IST

Court awards 4-yr jail to Jaya Jaitly, 2 others in defence corruption case

The three were held guilty of corruption and criminal conspiracy in the purported purchase of hand-held thermal imagers

Court awards 4-yr jail to Jaya Jaitly, 2 others in defence corruption case
Updated On : 30 Jul 2020 | 2:40 PM IST

US wants to be India's first choice in defence solutions: Pentagon official

The Political-Military Affairs Bureau State Department said that defence trade with India has increased from near zero in 2008 to over $20 billion in 2020

US wants to be India's first choice in defence solutions: Pentagon official
Updated On : 22 Jul 2020 | 1:27 PM IST

Japan confirms its scrapping US missile defense system

Japan's National Security Council has endorsed plans to cancel the deployment of two costly land-based U.S. missile defense systems aimed at bolstering the country's capability against threats from North Korea, the country's defense minister said Thursday. The council made its decision Wednesday, and now the government will need to enter negotiations with the U.S. about what to do with payments and the purchase contract already made for the Aegis Ashore systems. The council is expected to also revise Japan's basic defense plan later this year to update the missile defense program and scale up the country's defense posture. Defense Minister Taro Kono announced the plan to scrap the systems earlier this month after it was found that the safety of one of the two planned host communities could not be ensured without a hardware redesign that would be too time consuming and costly. The Japanese government in 2017 approved adding the two Aegis Ashore systems to enhance the country's curre

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Updated On : 25 Jun 2020 | 2:53 PM IST

US-India deal for high tech weapons could further destabilise region: Pak

During Trump's visit, India and the US on Tuesday finalised defence deals under which 30 military helicopters will be procured from two American defence majors for the Indian armed forces

US-India deal for high tech weapons could further destabilise region: Pak
Updated On : 27 Feb 2020 | 11:36 PM IST

Top headlines: India, US sign 3 pacts; Air India bid deadline, and more

From signing of defence deals worth $3 bn to violence over Citizenship Amendment Act, here are the top headlines for the day

Top headlines: India, US sign 3 pacts; Air India bid deadline, and more
Updated On : 25 Feb 2020 | 4:50 PM IST

Day 2 of Donald Trump's India visit sees three pacts, $3 bn defence deal

Later in the day, Trump also addressed a gathering of business leaders at the national capital

Day 2 of Donald Trump's India visit sees three pacts, $3 bn defence deal
Updated On : 25 Feb 2020 | 4:42 PM IST

PM Modi 'tough negotiator', we will reach a fantastic deal: Trump at Motera

Announces signing of a $3 billion defence deal in Delhi on Tuesday

PM Modi 'tough negotiator', we will reach a fantastic deal: Trump at Motera
Updated On : 25 Feb 2020 | 12:58 AM IST

Working with Islamabad to target terror on Pak border: Trump at Motera

On his maiden visit, Trump, who was welcomed by Modi on his arrival here, said his country will remain a "loyal" friend of India and called the Prime Minister an "exceptional leader

Working with Islamabad to target terror on Pak border: Trump at Motera
Updated On : 24 Feb 2020 | 4:00 PM IST

Saudi to evaluate Kalyani group's artillery guns Bharat 52, Garuda V2

It has been learnt that the two types of gun systems - both designed and developed by Kalyani Group - are being sent later this year to Saudi Arabia for trial evaluation

Saudi to evaluate Kalyani group's artillery guns Bharat 52, Garuda V2
Updated On : 07 Feb 2020 | 2:54 AM IST

Govt inked 180 defence deals worth Rs 1.96 trn with Indian firms in 5 yrs

In September this year, Defence Minister Rajnath Singh launched the warship Nilgiri which is the first ship of Project 17A

Govt inked 180 defence deals worth Rs 1.96 trn with Indian firms in 5 yrs
Updated On : 05 Dec 2019 | 5:43 PM IST

Far better than DRDO missile: Israel's Rafael makes strong pitch for Spike

In January 2018, India had cancelled a $500-million purchase of Spike LR missiles just two weeks before Prime Minister Benjamin Netanyahu was to ink the deal on a visit to New Delhi

Far better than DRDO missile: Israel's Rafael makes strong pitch for Spike
Updated On : 28 Nov 2019 | 11:57 PM IST

India can save billions of dollars as US to retire Global Hawk drones

To save money for buying cutting-edge warfighting weapons, the USAF has reportedly proposed to the Pentagon to scrap two-thirds of its fleet of about 35 Global Hawk drones

India can save billions of dollars as US to retire Global Hawk drones
Updated On : 26 Nov 2019 | 2:07 AM IST

India's arms imports from Russia in 2014-18 down 42% from 2009-13: Report

Pakistan's arms imports decreased by 39% between 2009-13 and 2014-18

India's arms imports from Russia in 2014-18 down 42% from 2009-13: Report
Updated On : 11 Mar 2019 | 10:05 AM IST

India's $15 billion fighter jet deal faces delay - not for the first time

While India wants to upgrade its fleet, there's one big road block: New Delhi's famed red tape

India's $15 billion fighter jet deal faces delay - not for the first time
Updated On : 20 Feb 2019 | 6:35 PM IST

L&T, Punj Lloyd plan to tap Rs 2 lakh-cr defence orders

Defence ministry finalised strategic partnership model at a meeting of Defence Acquisition Council

L&T, Punj Lloyd plan to tap Rs 2 lakh-cr defence orders
Updated On : 26 May 2017 | 2:09 AM IST

US Sold $40 Billion in Weapons in 2015, Topping Global Market

The value of all arms transfer agreements worldwide in 2015 was $79.9 billion

US Sold $40 Billion in Weapons in 2015, Topping Global Market
Updated On : 28 Dec 2016 | 2:26 AM IST

Murky defence deals

Lack of convictions points to a flawed investigation process

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Updated On : 03 May 2016 | 1:36 PM IST