Two weeks after the Indian Air Force (IAF) formally installed five of the 36 Rafale jets ordered from France under a 59 billion rupee deal, the country’s lead auditor said on Wednesday that the aircraft’s maker Dassault Aviation and arms supplier MBDA have not confirmed the transfer of technology (ToT) …
Read More »Delhi riots: No enforcement action against Facebook VP until Oct 15, SC leads Delhi Assembly panel
By: Express Web Desk | New Delhi | Updated: September 23, 2020 6:48:50 pm Ajit Mohan, MD of Facebook India, after a meeting with the parliamentary panel. (AND ME) On Wednesday, the Supreme Court ordered the Delhi Legislative Assembly panel not to take any enforcement action against Facebook India Vice …
Read More »cams ipo subscription status: CAMS IPO subscribed almost 47 times on day 3
NEW DELHI: Rs 2,242 crore Initial Public Offering (IPO) from Computer Age Management Services (CAMS) attracted nearly 47 times bids on Day 3 of the bidding process. The issue received offers for 60,19,36,188 6 shares, which was 46.93 times the size of the issue of 1,28,27,370 shares. The price band …
Read More »Tech Mahindra sells Altiostar stake to Rakuten Mobile
MUMBAI: Indian IT services company Tech Mahindra and Rakuten Mobile Inc., a Rakuten group company responsible for mobile communications, announced on Wednesday an agreement under which the former has been named preferred partner for global market opportunities. for the Rakuten communications platform. (CPR). As part of the deal, Tech Mahindra …
Read More »Yogi Adityanath Chooses Land Near Jewar Airport for UP Film City | Lucknow News
LUCK: Days after announcing that India’s largest and most beautiful Film City would be established in Uttar Pradesh, Chief Minister Yogi Adityanath announced that a 1,000 acre parcel under the Yamuna Highway Industrial Development Authority has been identified for the project. The site, located in Sector 21, is just 6 …
Read More »Dassault Aviation and MBDA Still Not Meeting Compensation Obligations Under Rafale Agreement, CAG Report Shows
The CAG released its report on Wednesday. The CAG also painted a grim picture of the effectiveness of India’s compensation policy, saying it did not find a single instance of foreign suppliers transferring high-tech to the industry. News18.com New Delhi Last update: September 23, 2020 11:17 PM IST FOLLOW US: …
Read More »Bharat Biotech will test and distribute a single dose intranasal Covid-19 vaccine
Vaccine maker Bharat Biotech has acquired the rights to distribute a single-dose intranasal vaccine for Covid-19, which is currently being tested. On Wednesday, Hyderabad-based Bharat Biotech International Limited announced a licensing agreement with the Washington University School of Medicine in St. Louis for the novel chimpanzee adenovirus. Under the agreement, …
Read More »Dassault Aviation was unable to offer cutting edge technology to DRDO: CAG
NEW DELHI: France’s Dassault Aviation and another French company, MBDA, had proposed to meet 30% of their compensation obligation in the ₹59,000 crore deal for 36 Rafale jets by offering cutting-edge technology to India’s Defense Research and Development Organization (DRDO), but failed to do so, said a report by India’s …
Read More »China attacked India’s satellite communications, says a report by the US-based company.
Photo Credit: Representative Image Key points In 2012, a Chinese network-based hacking attack on the Jet Propulsion Laboratory (JPL) “allowed ‘full functional control’ over JPL networks,” the report says. According to the report, China has many other counterspace technologies, including ascending kinetic destruction vehicles (anti-satellite missiles). In 2019, India demonstrated …
Read More »Parliament updates: Lok Sabha adjourned sine die after House passed Major Port Authorities Bill, 2020; Monsoon session interrupted in 7 days
Parliament Updates LIVE: The monsoon session of Parliament was suspended sine die on Wednesday, 7 days before scheduling, amid concerns about the spread of the coronavirus among lawmakers. Latest updates from Parliament: Raising the issue during Zero Hour on Lok Sabha, Surya said that for a long time there have …
Read More »