Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
Nagpur facility, joint venture of Anil Ambani’s Reliance Defence & French firm Dassault Aviation, initially meant to make parts of only Falcon business gets.
Dassault Aviation, the manufacturer of Rafale, is said to have already carried out a test production of certain parts that could be manufactured in India.
Once you sign up for a celebrity-driven destination ‘event’, you are held hostage for three days that test your sanity and stamina, unless you are Ranveer Singh, who always looks like he is having the best time.
Order for 87 MALE drones will be split between 2 Indian firms in 64:36 ratio to ensure there are 2 independent manufacturing lines with at least 60% indigenous components.
The India-South Africa series-defining fact is the catastrophic decline of Indian red ball cricket where a visiting team can mock us with the 'grovel' word.
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