Defence Minister Nirmala Sitharaman talks of problems with HAL, says govt attending to them

The Russian Sukhoi-30 fighter aircraft, which is produced under licence in India by the public sector Hindustan Aeronautics Limited (HAL) as the Su-30 Mki is sometimes considered more expensive than the Sukhois produced in Russia, Defence Minister Nirmala Sitharaman said Sunday. She accused the opposition Congress of shedding “crocodile tears’’ over HAL losing out in […]

Private investment still a concern, IL&FS issue could worsen situation: Vipin Sondhi, MD and CEO of JCB India

While roads and highways continue to be the dominant story in the infrastructure space, infra players feel that they have not received enough support from other segments raising questions on sustainability of the growth. Vipin Sondhi, MD and CEO of JCB India told Sandeep Singh that while private investment has stayed away despite public spending, […]