A preliminary probe has reportedly found faulty ammunition was the reason behind the Army's new long-range ULH M777 explosion during a field trial in Pokhran
1 min read24 Sep 2017Banks in Bangladesh, the Philippines, Vietnam and Ecuador have been victimised over the past year in the attacks on the global interbank service known as SWIFT
4 min read24 Jul 2016Under the deal, 120 of the 145 guns will be assembled in India
1 min read25 Jun 2016SWIFT would release a software update to thwart the malware, along with a special warning for financial institutions to scrutinize their security procedures
5 min read25 Apr 2016BAE selects Mahindra Defence as its partner for the proposed in-country assembly, integration and test facility for M777 Ultra Lightweight Howitzer
5 min read18 Feb 2016The government has withdrawn tax exemptions given to state-run defence equipment manufacturers
3 min read2 Jun 2015Package includes ground support equipment, spares, support and training for the Hawk Mk132
1 min read18 Feb 2015In his new part-time role, effective from 1 January, Parekh will provide leadership to the BAE Systems India Board
1 min read12 Jan 2015Disappearance of file can lead to delay of at least around one year in acquisition of Hawk aircraft
1 min read16 Sep 2014Defence secretary says he expects the announcement on Wednesday before the London stock market opens
1 min read10 Oct 2012The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared