CBI has booked London-based arms dealer Sudhir Choudhrie, his son Bhanu, and the British aerospace major for corruption in procurement of 115 Hawk jets for the training of IAF pilots.
From 2007-16, the family faced several charges — getting over $100 mn from Russian arms firms to Rolls-Royce making 'secret payments'. Bhanu Choudhrie was named in 2021 Pandora Papers case.
The CBI has alleged that former Rolls Royce India director Tim Jones, Choudhrie, and others conspired to deceive the Indian govt in procurement of Hawk aircraft during the UPA era.
Auditory goal for new Rolls-Royce Ghost was twofold — the cabin needed to remain quiet enough to whisper a conversation at speeds up to 80 mph and lose any annoying squeaks.
The company has lost more than three-quarters of its value this year and been hard hit by the drop in long-distance travel, eliminating demand for wide-body planes its engines power.
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.
The decorated Naga officer from Manipur also served as envoy to Myanmar & Nagaland chief secy. Defence Minister Rajnath Singh inaugurated a museum dedicated to the Tawang hero Thursday.
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.
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