Stay updated with the latest procurement news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on procurement topics.
JAMMU, Oct 17: Director Agriculture Jammu Anil Gupta today inaugurated the Paddy Procurement Mandi (Registration-cum-Facilitation Centre) at Udheywala for the Kharif Marketing Season (KMS) 2025-26. The inaugural programme was attended by Chief Agriculture Officer Jammu Manohar Lal Sharma, officers from the Agriculture Department, representatives of FCI and a large number of farmers from the area. During the visit, the Director Agriculture inspected the preparedness of the procurement mandi and ...Read More >
New Delhi: The transmission industry needs to move to committed partnership and capacity expansion to solve the issue of long supply waiting periods due to rising equipment demand, especially those of high-voltage transformers, Hitachi Energy CEO Andreas Schierenbeck told ET. Zurich-headquartered Hitachi Energy operates in India through its arm Hitachi Energy India and provides products ranging from power cooling systems to transformers, apart from its newly launched services and consulting ver ...Read More >
New Delhi: A team of senior officials from India will visit the US this week for trade talks, and negotiations on the proposed bilateral trade agreement are progressing well, a top official said Monday. In February this year, leaders of the two countries directed officials to negotiate a proposed Bilateral Trade Agreement (BTA). It was planned to conclude the first tranche of the pact by the fall (October-November) of 2025. So far, five rounds of negotiations have been completed. "The Indian ...Read More >
New Delhi [India], October 16 (ANI): Delhi Patiala House Court on Thursday remanded Ashok Kumar Pal, Chief Financial Officer (CFO) and Executive Director of Reliance Power Limited (RPL), to judicial custody in connection with the alleged fake bank guarantee and money laundering case being probed by the Enforcement Directorate (ED). Pal was produced before Special Judge Kiran Gupta after the conclusion of his three-day ED custody. The court remanded him to judicial custody till October 29. His a ...Read More >
AXA to support STEM education of nearly 10,000 girls in India by 2030 Axa Group Chief Operating Officer and Axa Group Operations Chief Executive Officer Alexander Vollert (first from right), AXA Global Business Services' Chief Executive Officer Michele Rochefort 8 min read Last Updated : Oct 13 2025 | 5:15 PM IST PRNewswire Bengaluru (Karnataka) [India], October 13: AXA announced its commitment to support STEM (Science, Technology, Engineering, and Mathematics) education of nearly 10,000 gir ...Read More >
The Ministry of Defence signed a Rs 659.47 crore contract for advanced Night Sight devices for the Indian Army's SIG 716 Assault Rifles. This procurement, classified as Buy (Indian-IDDM), ensures over 51% indigenous content, boosting domestic defence manufacturing and enhancing soldiers' night combat capabilities up to 500 meters. The Ministry of Defence (MoD) signed a contract worth Rs 659.47 crore on 15 October 2025 for the procurement of Night Sight (Image Intensifier) devices for the Indian ...Read More >
Solar Energy Corp. of India Ltd's (SECI) tender for 2 GW of solar PV projects coupled with a 1 GW/4 GWh energy storage system has yielded a lowest tariff of INR 2.86/kWh. The auction saw participation from several new entrants in the sector, with Shivalaya Construction Ltd securing the largest slice of 600 MW. India has breached the INR 3/kWh mark for a solar + 4-hour energy storage system (ESS) configuration, with the Solar Energy Corp. of India Ltd's (SECI) tender for 2 GW of solar PV project ...Read More >
The LMM is a lightweight, man-portable missile system that can be deployed in operational areas, including high-altitude regions, the Indian Army said. The missile operates on the Laser Beam Riding principle and is resistant to evasive actions taken by modern-day aerial platforms, they said. The missile is highly effective against all types of aircraft, helicopters, UAVs and UCAVs, including aerial targets with low infra-red signature up to a range greater than 6 Kms in all-weather conditions. ...Read More >
New Delhi, Oct 15 (UNI) The Ministry of Defence inked a contract agreement worth Rs 659.47 crore for procurement of Night Sight (Image Intensifier) for 7.62 x 51mm Assault Rifle along with accessories for the Indian Army, here today. The Night Sight will enable soldiers to fully exploit the longer effective range of the SIG 716 Assault Rifle. These sights are capable of engaging targets up to an effective range of 500 metres, even under starlit conditions and provide a significant improvement ...Read More >
NIZAMABAD: Farmers in Nizamabad district are facing difficulties in selling their paddy crop due to high moisture content caused by frequent rains and humid weather. The delay has affected the sale of both common and fine varieties of paddy, prompting some farmers to sell their produce to private traders instead of government procurement centres. Paddy was cultivated in 1.76 lakh hectares across the district, with an expected arrival of 12 lakh metric tonnes. Of this, government agencies, mainl ...Read More >
Bengaluru: The city's first hi-tech multilevel car parking (MLCP) complex at Freedom Park, with a capacity for 445 two-wheelers and 556 cars, was expected to be buzzing activity given its proximity to retail and transport hubs. But in reality, the facility is significantly underutilised.The parking lot contractor, who anticipated earning an annual revenue of Rs 1 crore based on 80% occupancy, has struggled to meet this target. Since its launch in June 2024, the consultancy firm operating the MLC ...Read More >
New Delhi [India], October 1 (ANI): Defence Minister Rajnath Singh on Wednesday highlighted the contribution of the Defence Accounts Department (DAD) during Operation Sindoor, saying that it ensured efficient resource utilisation, financial management and war preparedness during the conflict. Addressing the 278th Foundation Day of the DAD in New Delhi, the Defence Minister said, "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive vic ...Read More >
Lucknow: Senior Samajwadi Party leader and former minister Gayatri Prajapati was attacked by a fellow inmate inside Lucknow Jail on Tuesday. The scuffle took place within the jail premises, after which prison authorities launched an internal inquiry. According to a statement issued by Dr Ramdhani, DIG Prisons, Lucknow Range, the incident occurred after Prajapati allegedly used abusive language towards another inmate, Vishwas Rajput. In response, Vishwas attacked Prajapati using a sharp object i ...Read More >
New Delhi: The government on Wednesday approved a hike in dearness allowance for its employees, increased the minimum support price for key crops, and okayed a mission to boost pulses output in the country, in decisions that will cost the Centre ₹1.2 trillion. In a festival-season bonanza, the Union cabinet approved a 3% increase in the dearness allowance (DA) and dearness relief (DR) for central government employees and pensioners. Effective 1 July, the DA stands at 58% of the basic pay, and ...Read More >
Defence Minister Rajnath Singh highlighted the Defence Accounts Department's pivotal role in Operation Sindoor, emphasizing its crucial contribution to efficient financial management and war preparedness. Singh praised the DAD for its historic legacy and continued support as the financial backbone of India's armed forces at an event marking its 278th foundation day. Defence Minister Rajnath Singh on Wednesday underscored the pivotal role played by the Defence Accounts Department (DAD) in the su ...Read More >
To reduce crop losses and boost value addition, 1,000 new processing and packaging units will be set up with subsidies of up to ₹25 lakh per unit. The Union Cabinet on Wednesday approved the 'Mission for Aatmanirbharta in Pulses', a flagship initiative aimed at reducing import dependence and boosting domestic output. The scheme, with a financial outlay of ₹11,440 crore, will run from 2025-26 to 2030-31. Target: 350 lakh tonnes production by 2030-31 In a press release, the government said t ...Read More >
New Delhi, Oct 1 (PTI) The Union Cabinet on Wednesday approved a six-year central scheme aimed at achieving self-sufficiency in pulses production, with a financial outlay of Rs 11,440 crore. The "Mission for Aatmanirbharta in Pulses", approved by the Union Cabinet chaired by Prime Minister Narendra Modi, will be for the period from 2025-26 to 2030-31. The mission follows Finance Minister Nirmala Sitharaman's announcement in the 2025-26 Budget. The mission will particularly focus on increasing ...Read More >
New Delhi [India], October 1 (ANI): Raksha Mantri Rajnath Singh on Wednesday lauded the Defence Accounts Department (DAD) for ensuring financial resilience, optimising resources and sustaining operational readiness during Operation Sindoor, calling it the "silent but crucial" backbone of India's Armed Forces. "While the entire world witnessed the valour and courage of the Armed Forces in achieving a historic and decisive victory during Operation Sindoor, the silent yet crucial role of DAD ensur ...Read More >
New Delhi, Oct 1 (PTI) Six companies, including Vedanta Group firm Sterlite Electric, Rays Power Infra and Augmont Enterprises, have filed preliminary papers with markets regulator Sebi to raise funds through initial public offerings (IPOs). Rotomag Enertec, Oswal Cables and Pride Hotels have also approached Sebi with their respective draft papers. All six proposed issues will be a mix of fresh issues of equity shares and an offer for sale (OFS), according to their draft red herring prospectus ...Read More >
Thiruvananthapuram, Oct 1 (UNI) Kerala has created history by becoming the first state in India to introduce a comprehensive Environment, Social and Governance (ESG) policy, aimed at bringing sustainability and ethical governance practices into the mainstream of industrial and entrepreneurial activities. The ESG policy is designed to attract investments that comply with global sustainability principles and position Kerala as the leading Indian destination for responsible and transparent busines ...Read More >
Rajnath Singh underlined the importance of synergy among the three services. (File) New Delhi: The tri-services synergy with unified real-time operational coherence demonstrated during Operation Sindoor was a "living example" of delivering decisive results and it must become the benchmark for all future military actions, Defence Minister Rajnath Singh said on Tuesday. In an address at an event, he asserted that jointness among the three services is not only a matter of policy but a matter of ...Read More >
The Kerala government is planning to formulate a scheme in association with Kerala Bank from the next procurement year for the prompt payment of procurement price to farmers as soon as paddy is collected. This was decided at a meeting called by the Chief Minister, along with the Food, Agriculture, Power and Cooperation Ministers, here on September 16, Minister for Food and Civil Supplies G.R. Anil said in the Kerala Assembly on Monday (September 29, 2025). Kerala Assembly expresses concern ove ...Read More >
Karwar: The Uttara Kannada deputy commissioner has directed food department officials to open registration centres in all taluks of the district to register farmers for the procurement of paddy under the current season's minimum support price (MSP) scheme.DC K Lakshmipriya presided over a district-level task force meeting at the deputy commissioner's office on Tuesday, discussing the procurement of paddy at the support price. The govt has set the MSP for common paddy at Rs 2,369 per quintal and ...Read More >
Samsung Heavy Industries signed a memorandum of understanding (MOU) with Indian shipmaker Swan Defence and Heavy Industries, a shipyard located in Gujarat, western India, to cooperate in the shipbuilding and offshore sectors, the Samsung subsidiary said Monday. Swan Defence and Heavy Industries operates India's largest dry dock -- measuring 662 meters (2,172 meters) by 65 meters -- and has the capacity to build very large crude carriers (VLCCs) and offshore facilities. Through the partnership, ...Read More >
New Delhi - Carlsberg India, the wholly owned subsidiary of the globally renowned Carlsberg Group, announced the signing of a Memorandum of Understanding (MoU) with the Ministry of Food Processing Industries (MoFPI), Government of India, at World Food India 2025. The agreement reaffirms Carlsberg's long-term commitment to India through proposed investments of ₹1,250 crore across key states. The investments will significantly strengthen Carlsberg India's brewing and packaging footprint with inve ...Read More >
NEW DELHI: The National Hunter Alliance Summit 2025, held on 27th September'2025 in New Delhi, brought together patients, caregivers, medical experts, policymakers, and advocates to address the urgent and ongoing challenges faced by individuals affected by Hunter Syndrome (MPS II) and other Rare Diseases. The program began with an emotional tribute to the Hunter Syndrome warriors who lost their lives to this devastating disease. Their memory served as a reminder of the pressing need for action a ...Read More >
New Delhi, Sep 29 (PTI) The initial public offer of Fabtech Technologies Ltd, a turnkey engineering solutions provider for the pharmaceuticals, biotech and healthcare industry, received 70 per cent subscription on the first day of the share sale on Monday. The IPO got bids for 84,20,325 shares against 1,20,60,000 shares on offer, according to NSE data. The quota for qualified institutional buyers (QIBs) was subscribed 77 per cent, and the retail individual investors (RIIs) category received 70 ...Read More >
Mumbai, September 29: Indian legend Sunil Gavaskar revealed that his heart had been pounding intensely while watching the Asia Cup 2025 final between India and Pakistan at Dubai International Cricket Stadium. The Men in Blue secured a convincing victory as they chased down a target of 147 runs with just two balls remaining, in what was a thrilling encounter. The win also marked India's third consecutive victory against Pakistan in the 2025 tournament, as well as the team's record-extending ninth ...Read More >
New Delhi [India], September 29 (ANI): The Korean shipbuilder, Samsung Heavy Industries on Monday announced its entry into the Indian shipbuilding industry through a partnership with Swan Defense and Heavy Industries in Gujarat, enhancing its participation in India's state-led initiative to boost local shipbuilding. As per a report by 'The Korea Herald' under this partnership, both the companies agreed to explore collaboration across a wide range of ocean projects, including engineering, procur ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
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