Search Results for: Dassault

Rafale deal: Shatrughan Sinha appeals to opposition parties to unite, defeat BJP in 2019 elections

The Congress and the BJP have been involved in a war of words over the Rs 58,000 crore deal to purchase 36 Rafale fighter aircraft from France, with claims and counter-claims flowing thick and fast.

Oct 15, 2018

Reliance Nippon Life Asset Management, Sundeep Sikka

Sangh Parivar labour union BMS flays ESI fund management by foreign bank and Anil Ambani company

Reliance Nippon Life Asset Management was awarded the mandate to manage ESI's Rs 35,000 crore while the Standard Chartered bank was selected as the custodian of the funds.

Oct 15, 2018

Rafale deal row: Modi govt 'insulted, hurt and destroyed' future of HAL, says Rahul Gandhi

In an hour-long interaction with about 100 former and present employees of Hindustan Aeronautics Ltd (HAL), Rahul Gandhi questioned the credibility and experience of the private company that got the Rs 30,000 crore offset contract.

Oct 14, 2018

Rafale deal: Dassault says it picked Reliance of its own will for jet contract

The deal has faced scrutiny both on the price and the decision to choose billionaire Anil Ambani's Reliance as a local partner with no aeronautical expertise instead of the state-run Hindustan Aeronautics which has a long history of making planes.

Oct 12, 2018

PM Modi is a corrupt man: Rahul Gandhi demands probe in Rafale deal

Gandhi's demand for a probe came a day after a report in French publication said Dassault Aviation, the manufacturer of Rafale, had to choose Ambani's firm Reliance Defence as its offsets partner in India as a trade-off for getting the deal.

Oct 11, 2018

Rafale deal: Dassault was forced to tie up with Reliance Defence, claims French website

Under the Rs 59,000-crore deal, French companies are obliged to re-invest 50% of the contract value in Indian companies related to defence and aviation as offsets.

Oct 11, 2018

HAL faces cash-crunch amid delay in budgetary allocations

As of October 9, the company only has around Rs 1,000 crore cash in hand which is just enough for the salaries of its 29,035 employees for next three months.

Oct 10, 2018

Amid Rafale row, SC asks Modi govt to explain decision-making process of fighter jet deal

The bench, comprising Chief Justice Ranjan Gogoi and Justices S K Kaul and K M Joseph, also made it clear that it was not taking into account the allegations on corruption in the deal made in the petitions.

Oct 10, 2018

Air Force Day: India celebrates 86th anniversary of guardians of the sky

The IAF is at the forefront of the country's defence and has taken part in every conflict India has taken part since its inception.

Oct 8, 2018

IAF chief Dhanoa on Rafale deal: A good aircraft, game-changer for subcontinent

The opposition led by the Congress has been accusing the government of benefitting Anil Ambani's Reliance Defence Ltd from the Rafale deal.

Oct 3, 2018

Rafale fighter not ready to fly at 2019 Aero India, says IAF official

The advanced fourth generation fighter Rafale will partly replace the ageing Russian-built MiG-21 jets the IAF is phasing out due to their obsolescence.

Oct 1, 2018

Made-for-India Rafale won't be ready in time to participate in Bengaluru's air show: IAF

India ordered 36 Rafale multi-role combat aircraft from Dassault Aviation of France in a controversial deal worth Rs 59,000 crore and the first plane is expected to arrive in the country in September 2019.

Oct 1, 2018

India to make 'sovereign decision' on defence deal with Moscow, says Russia's Foreign Minister Lavrov

India will need exemptions from CAATSA to buy the S-400 Triumf missile defence system as well as frigates and helicopters.

Sep 29, 2018

Is Rafale deal mother of all scams or an election chimera? Wait, facts can help you

If the role of an offset service contract is to provide only infrastructure back-up, why cannot DRAL be considered for Rafale deal? Only a handful of companies exist in India which have the capability to do so.

Sep 28, 2018

Defence Ministry official had raised questions about the Rafale deal a month before it was signed

The officer raised questions about the deal's benchmark price and put his objections on record which are being looked at along with the deal file by the Comptroller and Auditor General.

Sep 27, 2018

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