Joint venture will offer comprehensive maintenance, repair and overhaul (MRO), upgrade and lifecycle support services for a range of Indian military assets.
New Delhi: Reliance Defence Limited (Reliance Defence), promoted by Reliance Infrastructure Limited, announced Wednesday it has secured an export order worth Rs 600 crore...
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.
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.
Industry says manufacturers have 2-4 weeks of buffer stocks, but prolonged disruption could push up shortage risks, especially of consumables like IV and syringes.
French newspaper La Tribune earlier last week indicated that UAE withdrew from deal to fund EUR 3.5 billion. India is looking to order 114 new Rafales, which could include the F5.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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