Indian military to be modernised

As India faces complex security threats, the government has firmed up a mega plan to spend $130 billion to bolster combat capability of the armed forces in the next five to seven years, according to an official document. Continue Reading

3 PSUs to bid for building submarines

Hindustan Shipyard Limited (HSL) and two other public sector undertakings have come together to float a consortium for building submarines. The two other PSUs are Bharat Heavy Electricals Limited (BHEL) and Mishra Dhatu Nigam Ltd (Midhani). Continue Reading