Missing Rafale offset deal among tough questions HAL likely to Face

Why HAL was not able to close the offset contract deal with Dassault Aviation for the Rafale fighter, and what is the future of the defence PSU in the face of a dwindling order book? Shareholders are expected to ask these searching questions of the…

DASSAULT’S DEAL WITH ANIL AMBANI DATES BACK TO 2012 DEFENCE MINISTRY

In a bid to absolve PM Modi of securing the Rafale offset contract to Anil Ambani as alleged by former France President, the Defence Ministry on Saturday clarified that the aircraft’s manufacturer Dassault Aviation, had entered into a pact for partnership with Ambani”s Reliance Industries…

In rare action, India fines Lockheed for not fulfilling offset duties

Amid differences over fulfilling offset obligations, the defence ministry has encashed a part of the bank guarantee given by US aerospace manufacturer Lockheed Martin for a special operations aircraft deal. The penalty – a little less than $ 5,00,000 – was imposed for alleged violation…

Reliance Defence granted offset contract in Rafale deal without licence Congress – YouTube

This video shows you that Reliance Defence granted offset contract in Rafale deal without licence Congress. Support Us: https://amzn.to/2OjGUTT https://amzn.to/2LrkPVM https://amzn.to/2LMxvGc Continuing its attack on the Narendra Modi Government on the deal for Rafale fighter jets, the Congress on Friday said that Prime Minister Narendra…

Defence Offset Proposal: Private Companies To Respond By Tuesday – YouTube

This video shows you that Defence Offset Proposal: Private Companies To Respond By Tuesday. By Tuesday, defence production stakeholders must respond to new draft proposals for the defence offsets policy, which the ministry of defence (MoD) issued last month. The defence offsets policy, which the…

Decoding The Procurement Process

This video shows you that Decoding The Procurement Process. An offset by definition is a provision in an import agreement (say, a defence procurement deal) between the seller (an original equipment manufacturer/OEM) and the buyer, wherein the former agrees to undertake activities that satisfy the…