Reliance Defence News
"Narendra Modi was the decision maker and it was a deal done by Narendra Modi to give Anil Ambani Rs 3,0000 Cr."
Rahul's comments came after a senior Dassault Aviation officer, in a leaked document, is quoted as saying that it was “imperative and obligatory” for the company to agree to work with Anil Ambani's Reliance Defence.
The meeting is likely to put more pressure on the Centre which is facing allegations over the controversial multi-billion Rafale fighter jet deal.
"You put your trust in PM Modi, you tried him but he has failed. It is time we work together to take our country forward."
HAL recorded highest-ever turnover of Rs 18,28,386 lakhs in the financial year 2017-18.
Rejecting Congress's charge, the Defence Minister said that the Rafale jet deal was sealed under a legal framework.
Should not the logic that was applied to 2G spectrum and coal applied to defence offsets as well?
IAF Deputy chief said the Air Force met all directions of the leadership to get "better price, better maintenance terms, better delivery schedule, better performance logistic package".
The Congress has alleged that the Modi government is yet to come clean on the Rafale scam.
Congress has been attacking the government for inking the deal at a much higher price than the one the previous UPA regime had negotiated.
The deal to buy 36 Rafale fighter jets was signed when Prime Minister Narendra Modi visited France in April 2015.
He had earlier questioned the wisdom of giving a $4 bn contract to a seemingly inexperienced company.
The government is all set to roll out the process for the Rs 60,000-crore submarine programme.
Turning profitable, Reliance Defence and Engineering today posted a net profit of Rs 102.4 crore for the quarter ended on March 31, 2016, largely on account of increase in deferred tax credit.
Anil Ambani-led Reliance Defence has inked a pact with Israel's Rafael Advanced Defence System to set up a JV in India for specialised areas including air- to-air missiles that will oversee projects worth USD 10 billion (over Rs 65,000 crore) in ten years.
An agreement regarding the deal is likely to be signed during the Prime Minister Narendra Modi’s Russia visit today.
Reliance Infrastructure (RInfra) expects to complete the acquisition of Pipavav Defence and Offshore Company in this fiscal and would rename the entity as Reliance Defence and Engineering.
Loading...