Tata MotorsNSE 2.17 % Saturday said it has sold its stake in subsidiary TAL Manufacturing Solutions Limited to sister concern TASL for Rs 625 crore for the aerospace business. Tata Motors also said that it has acquired non-aerospace business from TAL Manufacturing Solutions Limited (TAL) for Rs 10 lakh. “…we would like to ... Read More »

French Defence Minister Jean Yves Le Drian is likely to visit India next week to conclude the Inter-Governmental Agreement (IGA) between India and France for the purchase of 36 Rafale fighter jets, bringing to an end the 17-month-long negotiations. Mr. Drian is expected to be in Delhi on September 23, ... Read More »

Prime Minister Narendra Modi met his British counterpart David Cameron in Washington on the sidelines of Nuclear Security Summit (NSS) during which the two leaders discussed defence co-operation and Make in India issues. “My meeting with PM David Cameron focused on defence cooperation, make in India and other key issues,” ... Read More »