The Anil Ambani group is one of the contenders for the project along with Bharat Forge of the Kalyani Group, Adani Group’s PLR systems and the Ordnance Factory Board.
On picking Reliance Defence as offset partner for the controversial Rafale deal, Dassault CEO Eric Trappier says offset rules allowed company freedom to choose.
Reliance Defence said the email cited by Congress chief Rahul Gandhi was a reference to its cooperation with Airbus Helicopter and had no connection with the Rafale contract.
The PIL seeks that all offset contracts with private organisations after 2005 be disclosed by the government, and must be quashed.
New Delhi: Amidst the...
The SIPRI report comes as a shot in the arm for HAL, which lost out in the Rafale deal after Dassault Aviation chose Reliance Defence as its offset partner.
Nirmala Sitharaman had said recently that the UPA-era deal for 126 Rafales had fallen through because HAL did not have the capability to make the jets.
Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.
In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.
Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.
While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.
Of course we can wait for Ambani, no problem if army is screwed, for a fair procedure we need both Ambani and Adani . Hum do Hamare Do. Demonetisation was not for black money, it screwed up MSME businesses, “Hamare DO”profited . Electoral Bonds is black money for “Hum Do”
Anil Ambani’s reliance owes thousands of crores to Indian small time investors. He cheated the Indian public by borrowing huge sums of money and defaulted repayments of principle and interest. He prayed before British court that he is a recluse and nothing to eat and he is on the roads. He is living on the mercy of his wife. It is a blatant lie and he is leading a luxorious life in India. A person who is not truthful and lies at his will is not fit to be called a gentle man. How the government is entrusting sensitive defence deals to such a fraduster. He should be banned to do any business in the country. The poor investors in his companys ate crying for justice and are on the roads.
Notwithstanding the failed billion dollar enterprise, this company was given a front row seat among other competitors. Yet it had great success in failing again.
Considering long complex often delayed defense procurements having operation and strategic implications, this company is a no go.
Failing to demo a product on time speaks loudly about its incompetence.
Bharat forge and OFB have capability with capacity and larger footprint. This is a business with strategic national interest and room for failure is less than minimal.
Anil Ambani IS A FRAUDSTER AND A CORRUPT CROOKED PERSON.
HE SHOULD BE IN JAIL FOR SPOILING INDIANS IMAGE.
Why should India’s defence preparedness be tied down to someone who is bankcrupt like Anil Ambani? Pull the plug on him.
Trust you to publish poisonous comments against govt. Useless fellow.
Is this the same Anil Ambani that dclared bankruptcy in UK Court ? What the eff he is doing in business, he has no credit .Send him to China.
Unbelieveble, just Unbelievable…..why the hell not fast track the entire 41.000 LMG acquisition, since 16,000 LMGs are already on order???
It will turn out to be cheaper than all these “song and dance sequences” to be conducted over 3-4 years.
Whatever he touched exploded and turned into dust.. So no doubt, skill set matches the NEW profession.
Of course we can wait for Ambani, no problem if army is screwed, for a fair procedure we need both Ambani and Adani . Hum do Hamare Do. Demonetisation was not for black money, it screwed up MSME businesses, “Hamare DO”profited . Electoral Bonds is black money for “Hum Do”
Anil Ambani’s reliance owes thousands of crores to Indian small time investors. He cheated the Indian public by borrowing huge sums of money and defaulted repayments of principle and interest. He prayed before British court that he is a recluse and nothing to eat and he is on the roads. He is living on the mercy of his wife. It is a blatant lie and he is leading a luxorious life in India. A person who is not truthful and lies at his will is not fit to be called a gentle man. How the government is entrusting sensitive defence deals to such a fraduster. He should be banned to do any business in the country. The poor investors in his companys ate crying for justice and are on the roads.
Notwithstanding the failed billion dollar enterprise, this company was given a front row seat among other competitors. Yet it had great success in failing again.
Considering long complex often delayed defense procurements having operation and strategic implications, this company is a no go.
Failing to demo a product on time speaks loudly about its incompetence.
Bharat forge and OFB have capability with capacity and larger footprint. This is a business with strategic national interest and room for failure is less than minimal.
Time to move on to next phase waiting for none.