The Defence Acquisition Council (DAC) chaired by Defence Minister Nirmala Sitharaman today approved capital acquisition proposals of the defence services, valued at Rs 15,935 crore. These included the procurement of...
Reliance Defence to partner Rafael for joint venture
Reliance Defence Ltd, a 100 per cent subsidiary of Reliance Infrastructure Ltd, and Rafael Advanced Defence Systems Ltd have decided to set up a joint venture (JV) company in India in the areas of air-to-air missiles...
R-Infra announces takeover of Pipavav Defence
Reliance Infrastructure (R-Infra) on Monday announced the takeover of the management and control of Pipavav Defence & Offshore Engineering Co (PDOC). It would hold 36.5 per cent of the equity capital of PDOC. Anil...
