The Rafale will surely be flying in Indian skies next year. But the way the BJP government has botched this will cast a shadow on defence acquisitions in the years to come.
The appointment followed the resignation of Nikos Kardassis on June 7 after he served two terms as CEO between 1993-1999 and again from October 2009 till May 2013.
Finance Minister Arun Jaitley has said that the states were free to announce farm loan waivers if they had the fiscal space and that there would be no shortfall this year in divestment and non-tax revenues.
SBI chairman Rajnish Kumar said Naresh Goyal would be eligible to bid for the airline when the lenders auction it next month.
The AH-64E Apache is one of the world's most advanced multi-role combat helicopters, and is flown by the US army.
The Congress has launched an offensive against the Bharatiya Janata Party government over the Rafale deal, alleging corruption and violation of rules by Prime Minister Narendra Modi and demanded answers from him.
Reaching out to present and former employees of the defence PSU at an interaction with them, Gandhi said, work done by HAL for the country was tremendous and the country owed debt to it for "protecting us" and creating a scientific vision.
'I will not bog down with the setbacks. I am going to republish the book. All the copyrights rest with me,' former executive director of Air India Jitendra Bhargave tells Tinesh Bhasin about Praful Patel's pressure to withdraw his book.
A senior first officer with Jet Airways shares her plight.
The top gainers on the Sensex are Gail(India), HDFC, Infosys.
'India placed the order, primarily due to the IAF's 'critical operational necessity'.' 'The complexity of the IAF's requirements delayed the process for months.' 'It is these requirements which cannot be made public.' 'Can you image Indian politicians publicly discussing the pros and the cons of such military equipment?' 'It would provide India's enemies with indications about the IAF's tactical plans in case of a conflict.' 'It is crucial that they should remain secret to protect India's defence preparedness,' explains Claude Arpi.
The document titled 'Details of the steps in the decision making process leading to the award of 36 Rafale fighter aircraft order' stated that the process as laid down in the Defence Procurement Procedure-2013 has been followed in procurement of the Rafale aircraft.
Monsoon delay? Claiming compensation from an airline isn't easy.
Ayesha Aziz has always aimed for the sky.
IndiGo's co-founder and interim CEO Rahul Bhatia said profitability was significantly impacted by costs pressure from the increases in fuel price and the depreciation of rupee as well as competitive fare environment.
The gross bad debt of the Indian banking system as of March was at Rs 7.11 lakh crore
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
BSE PSU index rallies 10% in one month; nearly a third of the stocks on the index has gained 20% over the period
Whatever the final outcome of this unhappy episode, one thing is clear: a glass once cracked cannot be fixed. The trust is gone forever and the relationship between two old friends lies in tatters. For now, IndiGo, the airline, will have to learn to soar with two angry and distracted commanders, says Anjuli Bhargava.
Ajit Mishra, Vice President, Research, Religare Broking, answers readers's queries on stocks they own or want to buy.
'Instead of doing reforms and restructuring, the present government is busy with the perception that everything is fine and the economy is hunky-dory.' 'Such hollow perceptions are very dangerous for the Indian economy in the long run.' 'The real risk to India is the lack of decent employment opportunities for youth in general and educated youth in particular.'
Sources in the know confirmed Vistara, the joint venture between Tata Sons and Singapore Airlines, had booked six slots at the airport in New Delhi, adding it was ready to fly once it secured the government's nod.
'Today when people are fighting to get their salary, you are telling them you will privatise airports!'
French sources say Hollande was motivated to speak out after an Indian media report revealed that the Reliance Group had part-funded a film venture by his domestic partner, French actress Julie Gayet.
The minister has sought the help of US technology, expertise and innovation to make road safety a priority in India.
May include 'influencing a company's major policy decisions' in the current meaning.
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
The move also invalidates, albeit temporarily, Mallya's repeated assurances to the court and the public of a revival plan for the carrier.
'I am sure our DRDO will surely be on the job towards building similar capability to counter the threat posed by this Chinese helicopter,' observes Air Commodore Nitin Sathe (retd).
The Centre had submitted that privilege documents were procured by petitioners in an illegal way and used to support their review petitions against the December 14, 2018 judgment of the apex court dismissing all pleas challenging procurement of 36 Rafale fighter jets from France.
'... And I don't think it really is that despite a lot going wrong.' 'Naiveté or stupidity or trusting the wrong person, the outcome is the same, which is that the group has gone to trash.' 'I'm not OK with people saying I had a role to play in crooking the system, which is not what I did.'
Private airlines Jet Airways and IndiGo joined the race for low-fares, offering their customers hefty discounts, after Air India rolled out a similar offer to challenge Vistara, the latest full-service entrant in the domestic market.
He said the NDA's work culture was different from that of the previous governments.
"In the flux and transition of our times, the most critical need in this region is to uphold and strengthen the rules and norms that must define our collective behaviour," he said.
'I have no problems with the finance ministry or with state governments treating petrol pump prices as the last resort for meeting their ambitious spending targets with very limited revenue resources.' 'But let's do away with this smokescreen of free pricing of petrol and diesel and go back to administered pricing regime,' says Dr Sudhir Bisht.
Jaitley said the global volatility has thrown up challenges
Air India Express along with SpiceJet and Jet Airways is one of the three main targets for Boeing in the country as it promotes its new 737 MAX aircraft, which is scheduled to enter commercial operations in 2017.
Rahul Bedi explains how 'miscellaneous' factors have posed a major hurdle in negotiating the Rafale deal.
'India does not wish to remain silent in improving its strategic space so that its leverage to counter China's expansionist designs is maintained, besides enabling it to play a responsible role from a position of strength for peace and stability in Asia,' points out Dr Rajaram Panda.
'Even if the national security framework is to be threat-based, then the division of security threats between Pakistan and China is absurd. The two threats are one.'
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