Stay updated with the latest procurement news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on procurement topics.
New Delhi, Aug 8 (PTI) The Centre on Friday announced the subsidised retail sale price of tomatoes in the range of Rs 47-60 per kg in the national capital through the National Cooperative Consumers' Federation of India (NCCF), to provide relief to buyers. The NCCF, which has been procuring tomatoes from Azadpur mandi since August 4, is retailing them with minimal margins, the consumer affairs ministry said. "To date, NCCF has sold 27,307 kilograms of tomatoes at retail prices ranging from Rs 4 ...Read More >
New Delhi: Airbus has appointed Jurgen Westermeier as the President and Managing Director for India and South Asia. The appointment of 53-year-old Jurgen, currently the Executive Vice-President and Chief Procurement Officer at Airbus, will be effective from September 1, the aircraft maker said in a release on Wednesday. He will succeed Remi Maillard, who will become Executive Vice-President Engineering for Commercial Aircraft and Head of Technology at Airbus. India is a key market for Airbus, ...Read More >
New Delhi: Airbus has appointed Jürgen Westermeier as the President and Managing Director for India and South Asia, effective September 1, 2025. Currently the Executive Vice-President and Chief Procurement Officer at Airbus, Jürgen will succeed Rémi Maillard who will become Executive Vice-President Engineering for Commercial Aircraft and Head of Technology at Airbus. In his new role, Jürgen will spearhead Airbus' business in India and South Asia, across Commercial Aircraft, Defence and Space, a ...Read More >
New Delhi, Aug 6 (PTI) State-owned SECI has received a bid of Rs 55.75/kg in the first auction for procurement of green ammonia under the SIGHT programme of National Green Hydrogen Mission, an official statement said. The government's Strategic Interventions for Green Hydrogen Transition (SIGHT) programme consists of two financial incentive mechanisms to support domestic manufacturing of electrolysers and production of green hydrogen with an outlay of Rs 17,490 crore up to 2029-30. "In a landm ...Read More >
New Delhi, Aug 6 (PTI) Six people, including the kingpin, were arrested dismantling a pan-India counterfeit life-saving drug syndicate here that used social media platforms to connect with new suppliers and customers, officials said on Wednesday. The accused identified as Rajesh Mishra (52), Parmanand (50), two brothers - Md Alam (35) and Md Saleem (42), Md Zuvaier (29) and Prem Shankar Prajapati (25), were allegedly involved in the illegal manufacture, packaging, and distribution of fake life- ...Read More >
New Delhi: Under the vision of National Green Hydrogen Mission, state-owned Solar Energy Corporation of India Ltd (SECI) has conducted the first-ever auction for the procurement of Green Ammonia under the SIGHT Scheme (Mode-2A) and has achieved a record low price discovery of Rs 55.75/kg. The pioneering auction covers the supply of 75,000 metric tonnes per annum of Green Ammonia to Paradeep Phosphates Limited, Odisha. It is the first in a planned series of 13 auctions over the coming month, und ...Read More >
India is importing more crude oil from the United States. Imports have increased significantly since January 2025. The rise is particularly noticeable in the April-June quarter. The financial value of these imports has more than doubled. India's imports of LPG and LNG from America have also increased. Both countries are optimistic about their relationship. India has dramatically increased its crude oil imports from the United States since President Donald Trump returned to the White House for h ...Read More >
Chandigarh, Aug 3 (SocialNews.XYZ) To impart quality health services, Punjab Chief Minister Bhagwant Mann on Sunday announced the government would open 200 new Aam Aadmi Clinics, taking the total number of such clinics to 1,081. Addressing the gathering at a function to mark inauguration of WhatsApp Chatbot for 881 Aam Aadmi Clinics, the Chief Minister said "it is a historic day in the healthcare sector of Punjab as a total of 881 Aam Aadmi Clinics across the state have been connected to a What ...Read More >
India's Multibillion-Dollar Fighter Jet Dilemma: Weighing F-35 Lightning II Against Cheaper Russian Alternatives Sunday, August 03, 2025 by Indian Defence News The much underrated Su-57 jet, named "Felon" by NATO (a nomenclature considered degrading) In the complex realm of modern aerial warfare, India's looming decision on fifth-generation fighter jet procurement boils down to a crucial calculus: whether state-of-the-art American technology justifies paying double the sticker price -- and much ...Read More >
New Delhi, Aug 3 (PTI) India's cooperative sector is set to challenge ride-hailing giants Ola and Uber with the launch of a taxi service under the brand Bharat by the end of this year, backed by Rs 300 crore authorised capital and having already onboarded 200 drivers across four states. The Multi-State Sahakari Taxi Cooperative Ltd, registered on June 6, represents a consortium of eight prominent cooperatives, including the National Cooperative Development Corporation (NCDC), Indian Farmers Fer ...Read More >
In a significant step towards enhancing its operational mobility and supporting the 'Aatmnirbhar Bharat' initiative, the Indian Army has signed a contract worth Rs 223.95 crores with M/s Axiscades Aerospace and Technologies Private Limited for the procurement of 212 state-of-the-art 50 Ton Tank Transporter Trailers. The contract was signed on August 1, 2025 under the Buy (Indian-IDDM) category, reinforcing the commitment to indigenisation in defence manufacturing. This marks a boost to Indian ...Read More >
NEW DELHI: Even as the India-US relationship comes under strain because of President Donald Trump's trade weaponisation, the Indian govt reposed hope in bilateral ties, with the ministry of external affairs (MEA) saying on Friday that the partnership has weathered several transitions and challenges, and that India is confident the relationship will continue to move forward."This partnership has weathered several transitions and challenges. We remain focused on the substantive agenda that our two ...Read More >
Gross Goods and Services Tax (GST) collections rose 7.5 per cent year-on-year to Rs 1.96 lakh crore in July (for sales in June), data released by the government on Friday showed. Even though the pace of growth in gross GST collections picked up to 7.5 per cent in July from 6.2 per cent, this is the second consecutive month wherein the growth rate has been in single digits and much lower after posting double-digit growth in the first two months of the ongoing financial year. ARTICLE CONTINUES BE ...Read More >
Patna, Aug 1 (PTI) Healthcare services were affected at AIIMS-Patna on Friday as resident doctors went on an "indefinite strike" in protest against the alleged high-handedness of Sheohar MLA Chetan Anand. According to a press statement issued by the Resident Doctors' Association (RDA), AIIMS-Patna, on Friday, "The RDA expresses deep disappointment and anguish over the lack of action by the administration following the violent and traumatic incident that occurred on Wednesday, when MLA Chetan An ...Read More >
NEW DELHI: India has reaffirmed its commitment to deepening its strategic partnership with the United States, while maintaining its traditional ties with Russia and emphasising sovereign decision-making in defence procurement. External Affairs Ministry spokesperson Randhir Jaiswal said on Friday that India's ties with various countries stand on their own merit and should not be seen from the prism of a third country. "India and Russia have a steady and time-tested partnership," he said. Jaiswa ...Read More >
New Delhi, Aug 1 (SocialNews.XYZ) The Indian Army on Friday signed a Rs 223.95 crore deal with Axiscades Aerospace and Technologies Private Limited for the procurement of 212 next-generation 50-ton Tank Transporter Trailers to speed up logistics in battle situations. These hi-tech trailers feature hydraulic and pneumatic loading ramps along with steerable and liftable axles. These capabilities will enable the swift and efficient transport of tanks and other armoured vehicles over challenging te ...Read More >
Bengaluru: The Karnataka Commercial Tax Department has once again issued a clarification regarding the recent tax notices sent to bakeries, condiments, and tea stalls in Bengaluru. Following earlier backlash, the department had stated that traders with annual turnover below ₹1.5 crore can opt for the Composition Tax Scheme and pay only 1% tax, offering significant relief. Now, in a press release, the department reiterated that traders who have received notices should visit their respective tax ...Read More >
Hyderabad: Heritage Foods Limited, a leading Indian dairy brand, reported its highest-ever quarterly revenue of Rs11,368 million for the first quarter of FY26, registering a 10% year-on-year growth despite headwinds from unseasonal rainfall across its key markets. The company, which is celebrating 34 years of operations, attributed its strong performance to steady progress in milk procurement, resilient milk and value-added product (VAP) sales, and its continued focus on quality, innovation, an ...Read More >
MUMBAI: Reliance Industries, India's largest company in terms of market value, reported a 76% increase in quarterly profit to Rs 30,681 crore on Friday, led by gains from the sale of some of its listed investments and strong growth across its key businesses. Other income surged 280% to Rs 15,119 crore due to profit (Rs 8,924 crore) on sale of its stake in Asian Paints. Excluding the Rs 8,924 crore gain, profit was higher by 25%. Earnings was also driven by a rebound in its oil-to-chemicals (O2C) ...Read More >
New Delhi: The Ministry of Defence has reportedly proposed development of next-generation fighter jet engines in collaboration with France. The aim of the project is towards self-reliance in design and manufacturing of such technologies in India. All fighter aircraft in India's fleet currently operate with engines of foreign origin. A substantial portion of fighter aircraft costs is attributed to engine procurement and maintenance. Conservative projections indicate India's requirement for more ...Read More >
Central Electricity Regulatory Commission rejected CESC Limited's petition. The petition sought approval for a tariff related to long-term power procurement. This procurement involved 300 MW of power from wind-solar hybrid projects. The rejection stemmed from non-compliance with competitive bidding guidelines. CESC failed to secure prior approval for deviations. The Commission advised CESC to consider re-bidding. The Central Electricity Regulatory Commission (CERC) has rejected a petition by CE ...Read More >
HYDERABAD: Dodla Dairy, a listed Hyderabad-based dairy player, has acquired 100% stake in Jharkhand-based Osam Dairy for a cash consideration of Rs 271 crore.The transaction, which is based on an enterprise value of Rs 247 crore and net cash of Rs 23.8 crore, is expected to be completed in one or two months from the date of signing the share purchase agreement (SPA), Dodla Dairy said.Dodla Dairy managing director Dodla Sunil Reddy said the strategic move marks a milestone in the company's journe ...Read More >
Shimla, Jul 17 (PTI) Himachal Pradesh High Court has directed the state government to remove encroachments on forest lands, including the fruit-bearing trees, all across the state and not limit it to some areas. The order was passed by a division bench consisting of Justices Vivek Thakur and Bipin C Negi on Wednesday after the Advocate General placed on record fresh instructions issued by Principal Chief Conservator of Forests, informing that 2,456 apple and other fruit trees have been felled f ...Read More >
NEW DELHI: The US embassy in India has warned that "committing assault, theft, or burglary in the United States won't just cause you legal issues -- it could lead to your visa being revoked and make you ineligible for future US visas". The warning was issued days after a video of an Indian woman who tried to leave a store with a cart full of items without paying went viral. This also prompted the embassy to say, "The US values law and order and expects foreign visitors to follow all US laws."Res ...Read More >
Nagpur: Raising alarm over the rising cancer cases in Vidarbha, BJP MLA Pravin Datke told the state assembly on Thursday that the region is fast becoming Maharashtra's "cancer capital" and called for immediate state-level intervention to improve awareness, and affordability, accessibility of cancer vaccines as well as diagnostic services."Vidarbha is becoming the cancer capital. This isn't just a health crisis, it's a wake-up call," Datke said during a legislative discussion, urging the govt to ...Read More >
New Delhi, Jul 17 (PTI) State-run aerospace major Hindustan Aeronautics Ltd (HAL) on Thursday received the first set of wing assemblies for its Tejas Light Combat Aircraft (Mk1A) programme. The wing assemblies have been produced by Larsen & Toubro. HAL Chairman and Managing Director D K Sunil described it as a "testament" to years of "dedicated hand-holding and a shared commitment to excellence" by the aerospace major and the L&T. "The HAL is working with suppliers, both large and SMEs, as an ...Read More >
New Delhi [India], July 17 (ANI): India must act decisively to build functional copper reserves and leverage the metal's remarkable recyclability to secure its future economic and strategic interests, recommends the International Copper Association (ICA) India on the Copper Vision Document 2025.According to the report, to build functional reserves, India must promote copper usage now, especially in government procurement and sectors like infrastructure, where copper can replace less critical met ...Read More >
New Delhi [India], July 15: Moglix, one of Asia's largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix's commitment to powering India's infrastructure transformation with future-ready, sustainable materials. Also Read | ...Read More >
NewsVoir New Delhi [India], July 15: Moglix, one of Asia's largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix's commitment to powering India's infrastructure transformation with future-ready, sustainable materials. In ...Read More >
NewsVoir New Delhi [India], July 15: Moglix, one of Asia largest B2B e-commerce and supply chain technology companies, has announced the inauguration of its greenfield bitumen processing facility under DRG Industries, the manufacturing arm of Moglix. Located in Kosi Kalan, Mathura, the facility is set to commence commercial production in July 2025. This marks a strategic step in Moglix commitment to powering India infrastructure transformation with future-ready, sustainable materials. India vi ...Read More >
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