Union ministry of home affairs changed its mind and gave bid clearance for Hiranandani Developers and its consortium partner, Zurich Airport
With the IAF having rejected variants of 4 of the contending aircraft -- the Super Hornet, F-16, Gripen C/D and MiG-35 -- in flight trials carried out between 2009-2011 in the MMRCA tender, are the current contenders improved enough to pass flight trials conducted to the same standards?
Gandhi used a purported audio clip to allege that Goa Chief Minister Manohar Parrikar is 'blackmailing' Modi.
The petition by the trio came two weeks after the apex court had on October 10 asked the Centre to provide details of the decision-making process in the Rafale deal with France in a sealed cover by October 29.
Dipam is conducting the selection of merchant bankers and legal advisors, and planning roadshows.
It's too big to digest as one whole airline.'
The government plans to implement the single rate GST, which would subsume central excise, service tax and other local levies, from April 1, 2016
IBM, HP and HCL, have evinced interest in Sebi's proposal to upgrade toolsused for detecting frauds.
Minister of State for Defence Subhash Bhamre said the cost of each Rafale aircraft is approximately Rs 670 crore.
Making it clear that one car cannot travel on two roads at the same time, India said all future deals for Rafale fighters would also be through government to government route, indicating that the USD 20 billion MMRCA tender has virtually been scrapped.
The government has already withdrawn the RFP for heavy weight torpedoes for Socrpene submarines which was won by WASS, a Finmeccanica subsidiary, during the United Progressive Alliance regime. The government is now working out the alternatives.
'It is not clear how the NDA government -- including Defence Minister Nirmala Sitharaman and Finance Minister Arun Jaitley, backed by senior IAF officials -- claimed that the 36 Rafale contract with Dassault in 2016 cost the IAF 20% less than Dassault's 126 Rafale offer,' notes Ajai Shukla in the first of a three-part series.
Meanwhile, Congress president Rahul Gandhi took a swipe at the Modi government and Anil Ambani over the Rafale issue, saying that in order to bag India's biggest defence contracts one has to be a "defaulter of Rs 45,000 crore" and have "no relevant experience".
Along with Tyagi, his cousin Sanjiv alias Julie Tyagi and lawyer Gautam Khaitan were also arrested.
Against FY17 target of Rs 56,500 cr, Centre plans to fetch around Rs 6,400 cr in the first half.
India may scrap negotiations with Dassault for 126 Rafale fighter jets. Instead, it is likely to buy over 60 jets in a flyaway condition.
The Raksha Mantri was unable to address media queries about how much the Modi government was paying for 36 Rafales compared to what the UPA government had negotiated.
One of the good things about our business is, if customers are under pressure and in a cost-cutting mode, we are able to provide more efficient solutions.
After the Union comptroller and auditor-general saying there'd been a loss of Rs 10.67 lakh crore in allotment of coal blocks, the draft Request For Proposal (RFP) for new allocations has strong clauses for cancellation for breaches on this count.
Army's Northern Command has issued a global tender for procuring latest miniature unmanned aerial vehicles for gathering intelligence and carry out reconnaissance of areas along Line of Control with Pakistan and Sino-India border.
Delays in promised service delivery were earlier settled between client and service provider. More organisations now opt for a legal settlement to save cost and protect investor sentiment, say analysts.
Unsatisfied with BLS International Services, a visa outsourcing company, the Indian Embassy in the United States has announced for a new bid on February 5.
In the matter pertaining to acquisition of AgustaWestland helicopters, the undisputed central issue that stands out is corruption, especially bribery, the statement said.
The army is planning to procure 100 self-propelled artillery howitzers and three Indian vendors, including two private companies, have been selected for trial of their equipment, Defence Minister A K Antony told the Lok Sabha on Monday.
'With the new DPP, there will be greater transparency and faster clearances.'
India's enemies be warned: The Rafale deal will bring a sea change in India's defence preparedness.
The contracts with Israel Aerospace Industries will condemn the Tejas Light Combat Aircraft to a marginal presence in the IAF's future fleet.
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
NSA Doval, defence top brass brief Union ministers on the deal to help them counter Opposition charges.
Rafale deal will bring relief to IAF: Parrikar
India's multi-billion dollar Rafale fighter jet contract with France continues to be stuck in the doldrums even as the two countries have agreed to "fast-track" the negotiations.
Delivery of a great operational machine must not get affected to settle political scores, says Air Marshal Anil Chopra (retd).
The company will operate the IT system for five years.
In a fresh bid to break the Bofors jinx, Defence Minister Manohar Parrikar on Saturday cleared proposal to acquire 814 artillery guns for Rs 15,750 crore.
Suspense continued on Tuesday over whether the issue of Rafale fighter deal, which has been stuck over cost, will figure in talks that Prime Minister Narendra Modi will have with French President Francois Hollande during his visit beginning on Thursday.
This is the second extension for the bids since June 18.
PFRDA will invite bids to appoint pension fund managers.
'It is hard to justify $225 million a plane for an increasingly obsolete mission.' The purchase of the 36 Rafales has changed little for the IAF.
'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.
Sanjay Jalona, CEO & MD of LTI says the push would be to increase digital business and look at outcomes in projects for customers.
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