‘Dassault had no option but to tie up with Ambani company’

TNN
October 11, 2018

New Delhi, Oct 11: A French media website late on Wednesday claimed an internal document of Dassault Aviation showed the fighter manufacturer was presented with no option but to tie up with Anil Ambani-led Reliance Defence as the main offsets partner in the Rs 59,000-crore contract for 36 jets.

French investigative website Mediapart, which last month quoted former French President François Hollande as claiming the Indian government had virtually thrust Reliance Defence as offsets partner on France, on Wednesday said it had a Dassault document proving the same. The report came even as defence minister Nirmala Sitharaman left for a three-day visit to France on Wednesday night.

Mediapart claimed the document showed the alliance with Reliance Defence was indeed presented as "a trade-off" to obtain the contract, quoting a presentation made by Dassault's deputy chief executive officer Loik Segalen to the company's staff representatives in Nagpur. The partnership with Reliance Defence was described as "imperative and mandatory", as per the report.
 
Previously, Hollande had seemed to distance himself from the quotes attributed to him by the website. An AFP report said when asked about India pitching for the Reliance Group, Hollande said he was unaware of this and that the French firm would be able to address the issue.

The French government and Dassault promptly rebutted Hollande's claim last month. The Indian defence ministry, too, dismissed the controversy as "unnecessary", maintaining it had never suggested any company's name as the offsets partner in the deal. Under the contract, the French companies involved must plough back 50% of the contract value to India as offsets or re-investments.

The MoD says, "As per offsets guidelines, the vendor (Dassault) is to provide the details of the offset partners either at the time of seeking offset credits or one year prior to discharge of offset obligations, which in this case will be due from 2020."

The French government said it was "in no manner involved" in the choice of Indian industrial partners which have been, or are being, selected by the French companies involved in the deal. "French companies have the full freedom to choose the Indian partner companies that they consider to be the most relevant, and then present for the Indian government's approval the offsets projects that they wish to execute with their local partners," it said.

Comments

Sunny
 - 
Thursday, 11 Oct 2018

Everything under control of Modi and Shah

Ramprasad
 - 
Thursday, 11 Oct 2018

Feku doesnt bothered about SC. He is an autocrat. Nobody is going to touch him

Suresh
 - 
Thursday, 11 Oct 2018

SC asked to uncover the covered details. Modi may be punished

Danish
 - 
Thursday, 11 Oct 2018

We know it done by feku and team

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News Network
April 2,2020

Udupi, Apr 2: The Udupi Administration has given its nod to lift and transport watermelons, pineapples, papaya and Mattu Gulla after growers in the district complained that their produce will go waste and start rotting due to the lockdown on account of COVID-19.

In statement issued here on Thursday, Deputy Commissioner G Jagadeesha said that the administration has already held a meeting with wholesale fruit merchants registered with the Agriculture Marketing Produce Committee (APMC).

It has directed these merchants to purchase 35 tonnes of pineapples, 55 tonnes of watermelons and 5,000 bunches of bananas from growers and sell them within the district and also send them to other districts. Such transportation has been exempted from prohibitory orders, he said.

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News Network
June 17,2020

Bengaluru, Jun 17: The Opposition leader in the Karnataka Assembly Siddaramaiah on Wednesday strongly urged Chief Minister B S Yediyurappa to desist from invoking amendment to the Land Reforms Act, saying it would make buying land easier for the corporate companies and the rich.

In a hard-hitting letter to the Chief Minister, a copy of which was released to the media, the Congress leader had urged to rescind the decision from amending to the Karnataka Land Reforms Act and also Agriculture Produces Marketing Committee Act.

Asserting that the state government's move was only intending to help to the land grabbers, Siddaramaiah, also the former chief minister, said easing of restrictions to buy land to the tune of over 216 acres per individual would sound a death knell to the farm sector.

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News Network
June 18,2020

Bengaluru, Jun 18: Two employees at a plant of Toyota Kirloskar Motor in Karnataka's Bidadi have tested positive for COVID-19, the automobile company said in a statement on Wednesday.

According to the auto major, the two employees had attended work on June 7 and 16 respectively.

"As a first step and through appropriate contact tracing, TKM has started identifying all those employees who may have had primary or secondary contact with the infected employees for necessary treatment and quarantine wherever necessary and is in contact with the local government authorities," the statement said.

Toyota Kirloskar Motors had restarted operations after weeks of nationwide lockdown to prevent the spread of coronavirus on May 26. It said that all necessary precautions were to maintain social distancing and all Central and state government directives were being followed.

"However, despite all such measures, two employees at TKM's Bidadi plant tested positive for COVID-19 on June 16th, 2020. Operations at TKM plant has already been temporarily suspended so that required disinfection can be carried out at the plant," the statement said.

"TKM has extended all necessary support to the infected employees for medical treatment as well as quarantine procedures. The company is in touch with the families of the infected employees so as to support them to handle this situation carefully without further complications," it added.

 

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