NEW DEHLI — In the wake of a bribery scandal, India has banned six defense firms, including four international vendors, from doing business in the country for the next 10 years, hurting the army’s plans to acquire ultra light howitzers (ULH) for its artillery units.

NEW DELHI — The Indian army has approved an order to buy 100 artillery guns from a state-owned defense manufacturer, the first such procurement of howitzers in almost two decades. “The army has placed orders with the Ordnance Factory Board (OFB) for procuring 100 155-mm, 52-caliber howitzers and this will be developed on the basis of transfer of technology,” says M.M. Pallam Raju, junior minister for defense.

Saddled with mounting debt and heavy losses, India's airlines are caught in a no-win situation. Passenger traffic is increasing, but costs are rising faster. The airlines want to grow and modernize their fleets to cater to passenger demand, but financing planned fleet expansion is problematic. Indian banks, which have about $7 billion already tied up in the airlines, are worried about their exposure to the sector and are unwilling to restructure loans to carriers, including state-run Air India.