Kapil Sibal's appearance alongside Anil Ambani in SC comes even as his party chief Rahul Gandhi has been attacking Modi for “favouring” Ambani in Rafale deal.
Rahul Gandhi cited an e-mail to claim that Anil Ambani was aware of the MoU before India and France signed it and alleged that only PM Modi could have told him about it.
As PM Modi prepares for the general election, investors are also worried about IL&FS and Essel groups debt concerns, the RBI's rate cut, and the bankruptcy filing by Anil Ambani's wireless carrier.
The fragile investor sentiment for the Anil Ambani group was dealt a blow after its wireless unit, Reliance Communications, said last Friday it plans to file for bankruptcy.
Mukesh Ambani could have more bargaining power over assets of a company he helped dismantle by storming into the mobile phone market with free services.
Anil Ambani had agreed to sell RCom’s towers, spectrum and fiber assets to older brother Mukesh's company for Rs. 173 billion in 2017 to fend off bankruptcy action by creditors.
Many 'independent' reports, intended to shape policies, are sponsored by industry groups or entities with deep pockets and vested interests. This process must become transparent.
While the move could free up grid capacity struggling to keep up with rapid renewable rollout, it would be a major setback for green ambitions. India aims to double clean power capacity to 500 gigawatts by the end of the decade.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
Isn’t it very cheap. He should not pay the money rather go to jail to save 450 cr. If you spend just one or two crores, he can all the facilities he wants will be made available in jail. In fact if he can spend about 10 cr, he can even build jail setting in his home and send the video feed to the jail. The whole world will think that he is in jail. The cool part is he gets free food and bed in jail. Nobody with any kind business sense will pay the money.
Isn’t it very cheap. He should not pay the money rather go to jail to save 450 cr. If you spend just one or two crores, he can all the facilities he wants will be made available in jail. In fact if he can spend about 10 cr, he can even build jail setting in his home and send the video feed to the jail. The whole world will think that he is in jail. The cool part is he gets free food and bed in jail. Nobody with any kind business sense will pay the money.
The faintest trace of due diligence by Dassault would have ruled out this man as a serious offsets partner.