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.
BJP’s fate in the second phase of 2024 Lok Sabha election will be decided in Karnataka, Rajasthan, and Maharashtra, where it performed very well in 2019 but faces a stiff competition now.
The private lender's shares tumbled to be top Nifty 50 loser after India's central bank barred it from taking on new customers through online and mobile banking channels.
Another addition to military cooperation has been the Strategic Space Dialogue, inaugurated in Paris in 2023. Last month, India participated as an observer to France’s AsterX.
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