Aiming to meet its $11 billion divestment target by March 2018, the Government of India is considering selling up to 25% of its stake in four state-owned companies under the control of the department of defense through an initial public offering. It has invited proposals by August 18. The four...
Obama lifts exports controls, narrows "entities list"
On his first day in India, President Obama announced two measures that will warm the hearts of many American defense companies if further steps follow. Speaking to business executives in a 20 minutes charm speech, he promised to loosen export controls on American goods destined for India. Many of these...