>Putin's last-minute intervention with PM salvages $5.43 bn pact.
The Madras high court has ordered the winding up of private carrier SpiceJet Limited and directed the official Liquidator attached to the high court to take over its assets, in a plea filed by a Swiss company over unpaid dues. The court was allowing a company petition from Credit Suisse AG, a stock corporation registered under the laws of Switzerland, which prayed for winding up of the Indian firm under the provisions of the Companies Act, 1956 and appoint the Official Liquidator of the high court as the liquidator with all powers under Section 448 of the Companies Act to take charge of SpiceJet's assets, properties, stock in trade and books of accounts. The "respondent company (SpiceJet) has miserably failed to satisfy the three pronged test suggested by the Supreme Court in Mathusudan Govardhandas & Co v Madhu Woollen Industries (P) Ltd, and hence had rendered itself liable to be wound up for its inability to pay its debts under Section 433 (e) of the Companies Act 1956," Justice R Subramanian said in his order on Monday and directed the private carrier be wound up and the official liquidator take over its assets.
INS Vikramaditya is not the only thing on Defence Minister AK Anthony's agenda during his current visit to Moscow. Also on the anvil is the Fifth Generation Fighter Aircraft joint development project which, if finalised and signed, could emerge as India's largest joint defence programme costing around 11 billion dollars, reports Nandan Unnikrishnan.
'We have always maintained we are committed to addressing issues, if any, in a peaceful and bilateral manner'
India on Thursday blamed China's actions of amassing a large number of troops close to the border and attempts to unilaterally alter the status quo along the Line of Actual Control (LAC) last year for the continuing military standoff in eastern Ladakh, and asserted that these acts were in violation of Sino-India bilateral agreements.
India believes in sabka saath, sabka vikas, sabka vishwas, sabka prayaas and walks ahead with it, Modi said.
'Having tied himself in knots, he just might take a decision which is dangerous, one that could take his nation to war.'
Prime Minister Narendra Modi and Sri Lankan President Maithripala Sirisena on Monday held talks at Hyderabad House
British Prime Minister Boris Johnson, who landed in Ahmedabad on Thursday morning on a two-day India visit, was accorded a grand welcome at the airport in Ahmedabad. Soon after, he visited Sabarmati Ashram in the company of Gujarat Chief Minister Bhupesh Patel.
'India cannot allow Beijing's policy of stabilising and destabilising the border at will to perpetuate its own ends.' A riveting excerpt from Manish Tiwari's 10 Flashpoints; 20 Years National Security Situations That Impacted India.
The talks took place in a beach resort in Benaulim on the sidelines of a meeting of the Council of Foreign Ministers of the Shanghai Cooperation Organisation.
India has decided to buy 8,356 Spike anti-tank guided missile and 321 launchers from Israel for Rs 3,200 crore, rejecting US offer of Javelin missiles that Washington was lobbying hard for.
The talks between Singh and Esper came a day after Prime Minister Narendra Modi held a telephonic conversation with US President Donald Trump.
The Sri Lankan government has asserted that the recently signed maritime security pacts with India will "neither result in hindrance nor threat" to the island nation's security as "misinterpreted" by several media outlets in this country.
The disengagement of troops of the Indian Army and China's People's Liberation Army from the Line of Actual Control was reached after sustained negotiations at the military and diplomatic level, said the ministry of external affairs last week.
The procurement is expected to signal a major upswing in India's strategic ties with the Philippines which has been focusing on ramping up its naval prowess in the face of its lingering friction with China in the South China Sea.
The President has begun studying Constitutional and Presidential precedents in anticipation of a fractured mandate in next year's general election, reveals R Prema.
British Prime Minister Boris Johnson and his Indian counterpart Narendra Modi spoke over phone on Monday during which they took stock of India-UK trade and defence talks, opening up of international travel between the two countries and climate action targets in the lead up to the COP26 summit, Downing Street said.
The American-origin drones have been inducted by the navy under the emergency procurement powers granted by the defence ministry in view of the India-China border conflict.
"These developments clearly negate the argument that India's mainstreaming in the international export control regimes will further the non-proliferation objectives of these regimes," Pak's Foreign Office said.
Joe Biden will embark on his maiden visit to India as United States Vice President on July 22 to discuss key bilateral issues, including trade, energy and defence, to make Indo-US ties the most important strategic partnership of the 21st century.
Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.
Newly-elected Conservative Party leader and prime minister in waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties, describing them as a "sweet spot" of global trade dynamics.
The Chinese and Indian armies continued with the disengagement process in the North and South banks of Pangong lake in eastern Ladakh as per plan and the entire pullback exercise is expected to take another six-seven days, sources in the defence and security establishment said on Monday.
The bonhomie between Prime Minister Narendra Modi and his British counterpart Prime Minister Boris Johnson was palpable at a media event here on Friday with the United Kingdom PM referring to Modi as 'khaas dost (special friend)' and calling him by his first name multiple times.
Russia has over the past three years provided four Mi-35M combat and cargo helicopters to Pakistan and the militaries of the two countries also held joint drills codenamed 'Friendship'.
Morrison said ways to deepen bilateral trade and investment ties and harness new economic opportunities to support mutual economic recovery and growth will also be discussed at the summit.
Expressing grave concern over a US nuclear-powered submarine sustaining damage in the disputed South China Sea, China on Friday demanded Washington to reveal the details and the location of the accident and blamed America's frequent air and naval sorties in the Indo-Pacific to assert the "freedom of navigation" as the "root cause" of the incident.
Government sources told ANI on Sunday that the ban has been lifted in dealings with the company with conditions. As per the decision, the investigation against the company by the Central Bureau of Investigation and the Enforcement Directorate would continue.
Admiral Philips Davidson, Commander of the US Indo-Pacific Command, also told the powerful Senate Armed Services Committee on Tuesday that China's recent activities along the Line of Actual Control have opened India's eyes to what cooperative effort with others might mean for their own defensive needs as he observed that New Delhi, in the very near term, will deepen its engagement with the Quad.
The Modi government finds itself in a contradiction of its own making. It has encouraged pro-Russian, Westophobic public sentiment while setting strategic policy that's exactly the opposite, points out Shekhar Gupta.
Russian President Vladimir Putin on Wednesday monitored drills of the country's strategic nuclear forces involving multiple practice launches of ballistic and cruise missiles, the Kremlin said.
Khrenin spoke while wrapping-up the preliminary results of the Russia-Belarus military drills 'Union Courage 2022' scheduled to conclude on Sunday.
The Defence Ministry on Friday inked a nearly Rs 20,000 crore contract with Airbus Defence and Space of Spain to procure 56 C-295 medium transport aircraft which will replace Avro-748 planes of the Indian Air Force.
The MoD did not reveal the number of missiles procured through the latest contract.
However, this information was inadvertently revealed through an official MoD photograph that accompanied the announcement.
SC said to establish a clear link between the convicts and the incident, the police has adduced scientific evidence like DNA, fingerprint and bite mark analysis.
In an address at the annual general meeting of industry chamber FICCI, Singh said the 'unprovoked aggression' on India's Himalayan frontiers is a reminder of how the world is changing and how existing agreements are being challenged.
With the situation in Ladakh tense and no resolution in sight the trigger to take the India-US relationship to a transformational one is already there, observes Lieutenant General Syed Ata Hasnain (retd).
The Indian position on the Russia-Ukraine war and the unconditional treaty between China and Russia appear to have caused some ripples in India-US relations and led to a reappraisal of India's usefulness to the US in the eventuality of a conflict with China, notes Ambassador T P Sreenivasan.
The US has already imposed sanctions on Turkey for the purchase of a batch of S-400 missile defence systems.
