The Ministry of Corporate Affairs will scrutinise auditor reports and has received information from unnamed sources that indicates potential violation including fraud.
Greg Kalbaugh, an official under the US Department of Commerce, says vendors from China cannot be trusted as they 'are subject to the control of their government'.
The security threat designation means service will suffer as small carriers, cut-off from US govt subsidies, will have to shut down parts of their network.
The combination of China’s rapid reemergence as a global power and a US led by an unstable president are increasing geopolitical risks, but India is too immersed in fighting internecine battles.
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.
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