Anil Ambani firm got €143.7 mn tax relief from France after Rafale announcement: Le Monde report

Posted On Saturday, 13 Apr 2019 By . Under Indian Political news    
CORPORATE PRESS RELEASES (INDIA) referrasl newsdesk, April 13,2019 SOURCE  ::  https://www.thehindu.com/news/national/anil-ambani-firm-got-1437-mn-tax-relief-from-france-after-rafale-announcement-le-monde-report/article26828271.ece Six months after the Rafale deal was announced, French tax authorities made a settlement for €7.3 million instead of €151 million. In fresh revelations in the Rafale deal, French newspaper Le Monde reported that Anil Ambani’s French-registered telecom company was given tax waivers worth €143.7 million by local authorities, shortly after the announcement by Prime Minister Narendra Modi to buy 36 Rafale ...
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Russia successfully launches manned spacecraft for space station

Posted On Friday, 15 Mar 2019 By . Under Space science    
CORPORATE PRESS RELEASES ( INDIA ) referral newsdesk, March 15,2019 SOURCE  ::  http://www.xinhuanet.com/english/2019-03/15/c_137895602.htm Russia's Soyuz MS-12 spacecraft blasts off to the International Space Station from the launch pad at the Russian-leased Baikonur cosmodrome in Kazakhstan on March 14, 2019. (AFP) MOSCOW, March 14 (Xinhua) -- Russia's Soyuz MS-12 spacecraft carrying three astronauts successfully took off for the International Space Station (ISS) and entered the planned orbit Thursday, Russian state space corporation Roscosmos said. Soyuz-FG ...
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Rafale deal not on ‘better terms’ than UPA-era offer

Posted On Wednesday, 13 Feb 2019 By . Under Indian Political news    
CORPORATE PRESS RELEASES (INDIA) referral newsdesk, February 13,2019 SOURCE  ::  https://www.thehindu.com/news/national/rafale-deal-not-on-better-terms-than-upa-era-offer/article26253566.ece This is among the key findings of the three domain experts on the Indian Negotiating Team Three senior Defence Ministry officials who were the domain experts on the seven-member Indian Negotiating Team (INT) came to a well-substantiated and clear conclusion that the Narendra Modi government’s new Rafale deal for 36 flyaway aircraft was not on “better terms” than the offer made by ...
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Modi’s decision to buy 36 Rafales shot the price of each jet up by 41%

Posted On Friday, 08 Feb 2019 By . Under Indian Political news    
CORPORATE PRESS RELEASES ( INDIA) referral newsdesk, February 08, 2019 SOURCE :: https://www.thehindu.com/news/national/modis-decision-to-buy-36-rafales-shot-the-price-of-each-jet-up-by-41/article26019165.ece Big increase in Rafale's price came because a deal bypassing mandated procedures and made in the face of official objections resulted in €1.3 billion ‘non-recurring’ cost attributed to the ‘Design and Development’ of 13 India Specific Enhancements being spread over 36 instead of 126 aircraft Prime Minister Narendra Modi’s decision, announced out of the blue in Paris on April 10, ...
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Wealth Of 9 Richest Indians Equivalent To Bottom 50% Of Country: Report

Posted On Monday, 21 Jan 2019 By . Under Indian Economy    
CORPORATE PRESS RELEASES ( INDIA ) referral newsdesk, January 21,2019 SOURCE  ::  https://www.ndtv.com/india-news/richest-9-indians-wealth-equivalent-to-bottom-50-of-the-country-oxfam-study-1980607 Oxfam International Executive Director Winnie Byanyima, said it is "morally outrageous" that a few wealthy individuals are amassing a growing share of India's wealth, while the poor are struggling to eat their next meal or pay for their child''s medicines. Davos: Indian billionaires saw their fortunes swell by Rs. 2,200 crore a day last year, with the top 1 per ...
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Rafale cost inflation

Posted On Saturday, 19 Jan 2019 By . Under Indian Political news    
CORPORATE PRESS RELEASES (INDIA) referral newsdesk, January 09,2019 SOURCE  ::  https://www.thehindu.com/opinion/letters/rafale-cost-inflation/article26031069.ece The exclusive report by N. Ram on the Rafale fighter aircraft deal has nailed several lies (Page 1, ‘Exclusive’, “Modi’s decision to buy 36 Rafales shot the price of each jet up by 41%”, January 18). The report establishes that the devil is in the detail. The government has to accept the fact that the configuration and capabilities of the jets ...
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