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Defence sector receives only $1 million of FDI in 3 years

The defence sector received only USD 1 million in terms FDI equity inflow in the last three years, the Lok Sabha was informed on Friday.

Rajnath Singh pitches for incentives in defence manufacturing

Rajnath Singh pitches for incentives in defence manufacturing

Israeli and Chinese companies seek to come to India and make investment for the purpose of defence production. 

Israel expresses commitment towards 'Make in India' in defence sector

Israel is one of the leading exporters of weapon systems to India, providing missiles, unmanned aircrafts, electronic warfare and radars in last decade.

Vested interests trying to kill competition in Defence: Ambani

Industrialist Anil Ambani, a new entrant in the defence sector, today said an attempt is being made to deny opportunity to new players on grounds of lack of experience, which he described as a "booby-trap" laid by vested interest to kill competition.

DefExpo 2016 commences today; to be the largest till date

DefExpo 2016 commences today; to be the largest till date

The ninth edition of DefExpo India, a biennial exhibition of Land, Naval and Internal Homeland Security Systems, will commence in Goa from Monday.

Defence manufacturing unit in Rajasthan on cards: Manohar Parrikar

A manufacturing unit in defence sector is likely to be set up in Rajasthan, which would be located between Jaipur and Delhi, Defence Minister Manohar Parrikar said here on Saturday.

Govt relaxes norms for FDI in defence sector

Govt relaxes norms for FDI in defence sector

As per the earlier FDI policy in the sector, foreign investment up to 49 percent was permitted under government approval route.

Govt announces FDI reforms in 15 sectors

After facing humiliating defeat in the Bihar assembly elections, Narendra Modi government on Tuesday allowed FDI through automatic route in 15 sectors including the construction, civil aviation, banking, defence, retail and news broadcasting.

Punj Lloyd to expand defence facility; may invest Rs 2,000-cr

Looking to tap opportunities in defence sector, diversified group Punj Lloyd plans to expand its Gwalior facility and will also explore setting up manufacturing units in various states with an investment kitty of up to Rs 2,000 crore.

Pipavav to become top defence manufacturer: Anil Ambani

Pipavav to become top defence manufacturer: Anil Ambani

Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.

Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr

Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr

In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.

Anil Ambani's Reliance Group forays into defence sector

Anil Ambani's Reliance Group forays into defence sector

Three subsidiaries have been incorporated for the foray under group firm Reliance Infrastructure, the company said in a regulatory filing.

Defence procurement policy will be industry friendly: Parrikar

Government Sunday said it will come up with industry friendly defence procurement policy with a view to attracting overseas and domestic investment for manufacture of equipment in the country.

Tata Motors developing vehicles for defence sector

Leading auto manufacturer Tata Motors is in the process of developing vehicles for the defence sector, which are capable of carrying weapons.

Govt notifies increase in FDI cap to 49% in defence sector

The government on Tuesday notified increase in foreign direct investment (FDI) limit to 49 percent through approval route in the defence sector.

FDI in defence is wise decision, should be welcomed: Venkaiah

In order to reduce the dependence on import of defence equipment, the government decided to allow foreign direct investment in defence sector, Urban Development Minister M Venkaiah Naidu on Monday said here.

India to see more US investment at 49% FDI: Boeing

India will see more investments from American companies once it decides to raise the FDI level in the defence sector from 26 to 49 percent, a top Boeing executive has said.

HAL FY'13 turnover at Rs 14,316 cr

Announcing the provisional figures here, the company declared an interim dividend to the tune of Rs 823 crore, 683 percent of equity base of Rs 120.50 crore.

Pipavav gets shareholders' nod for raising $200 million

In an extra-ordinary general meeting of the company, the shareholders gave approvals to raising funds up to USD 200 million by issue of securities, it said in a BSE filing.

Mahindra forms two JVs in defence; targets $1 bn in 10 yrs

Mahindra & Mahindra on Friday announced formation of two separate joint ventures in defence sector targeting a minimum turnover of USD 1 billion in the next ten years.