Siddharth Chauhan’s SBL Realtech owed nearly Rs 37 crore to some companies, but he had shrugged off the dues, alleging that his firm was defunct & under insolvency proceedings.
IAF is firming up plans to revamp airlift capabilities with medium transport aircraft that will be assembled in India & serve as its main workhorse. Embraer is leading contender as of now.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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