Rafale Deal Offset

The Defence Ministry has imposed a fine of less than 1 million euros on European missile maker MBDA for delay in fulfilling its offset obligations under the Rafale aircraft deal, sources said on Wednesday.

Congress leader P Chidambaram this morning attacked the government after the Comptroller and Auditor General of India (CAG), in a report, called for a review of the Defence Ministry's policy for offsets over the Rs 58,000-crore Rafale deal with French firm Dassault Aviation. The French firm is yet to transfer technical assistance to India as a part...

The Comptroller and Auditor General of India has sharply criticised the Defence Ministry's policy for offsets, which also governs the deal with France for 36 Rafale jets made by Dassault Aviation. The French firm has so far not made good on its offset obligation to the Defence Research and Development Organisation, the national auditor said in a re...

Finance Minister Nirmala Sitharaman on Monday said the offset contract of Rafale fighter jet deal will help train and skill youth in India, and no money was given to any ''bhai''.

Hindustan Aeronautics Limited, which was in the news recently with debates over whether the public sector company was denied an offset contract under the Rafale fighter jets deal with France, is now facing an internal challenge with employees staging protests from Tuesday for what they say are unfair wages.

The Supreme Court will today resume hearing petitions calling for a review of its Rafale case judgement from December that said there was no reason to doubt the decision-making process amid Congress allegations of corruption in the 2016 jet deal. The top court had in December dismissed petitions alleging that the government had gone for an overpric...

Minister of State for External Affairs General VK Singh Wednesday raised questions over the "capability and condition" of Hindustan Aeronautics Limited (HAL) amid the Congress' claim that the Modi government denied the defence PSU an offset contract in the Rafale deal.

Senior Congress leader M Veerappa Moily Friday said if his party was voted to power in the next Lok Sabha polls, Hindustan Aeronautics Limited would be accommodated as an offset partner and Anil Ambani's Reliance Defence eased out of the Rafale deal.

Reliance Group Chairman Anil Ambani welcomed the Supreme Court's judgement on the Rafale jet deal. The top court said there is no reason for the court to sit in judgement on the correctness of the Rs. 59,000-crore deal for 36 fighter jets. Allegations that the government had helped Anil Ambani's Reliance Defencebag the offset contract were also dis...

There is no reason to doubt the decision-making process behind the Rafale jet deal, the Supreme Court said today in massive validation for the government, which has been repeatedly accused by the Congress of corruption in the Rs 59,000-crore deal for 36 jets. Petitions alleging that the government had gone for an overpriced deal to help Anil Ambani...

A French NGO that fights "economic crimes" has filed a complaint with their country's Financial Prosecutor's Office, seeking clarification on the conditions under which the deal for 36 Rafale fighter jets was signed with India as well as the choice of Anil Ambani's Reliance Defence as an offset partner by Dassault Aviation, the makers of the jet.

Defence Minister Nirmala Sitharaman Saturday said India cannot put pressure on French aircraft maker Dassault Aviation to share details of offset partners related to the Rafale deal just because the Opposition wanted to know the same.

India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial daily said on Friday.

In a four-hour hearing on the Rafale jet deal today, the Supreme Court questioned the government's stance that it had no role in the offset clause, which is the focal point of the opposition's charge of corruption in the Rs 59,000 crore contract. Rafale-maker Dassault has not yet submitted details of its offset partner, the government told the Supr...

Diving into the political back-and-forth in India over the Rafale jet deal, French plane-maker Dassault today put out a detailed rebuttal of Rahul Gandhi's allegations of "lies" and corruption in its tie-up with companies in Anil Ambani's Reliance Group for offset contracts.

The Defence Ministry has imposed a fine of less than 1 million euros on European missile maker MBDA for delay in fulfilling its offset obligations under the Rafale aircraft deal, sources said on Wednesday.

Congress leader P Chidambaram this morning attacked the government after the Comptroller and Auditor General of India (CAG), in a report, called for a review of the Defence Ministry's policy for offsets over the Rs 58,000-crore Rafale deal with French firm Dassault Aviation. The French firm is yet to transfer technical assistance to India as a part...

The Comptroller and Auditor General of India has sharply criticised the Defence Ministry's policy for offsets, which also governs the deal with France for 36 Rafale jets made by Dassault Aviation. The French firm has so far not made good on its offset obligation to the Defence Research and Development Organisation, the national auditor said in a re...

Finance Minister Nirmala Sitharaman on Monday said the offset contract of Rafale fighter jet deal will help train and skill youth in India, and no money was given to any ''bhai''.

Hindustan Aeronautics Limited, which was in the news recently with debates over whether the public sector company was denied an offset contract under the Rafale fighter jets deal with France, is now facing an internal challenge with employees staging protests from Tuesday for what they say are unfair wages.

The Supreme Court will today resume hearing petitions calling for a review of its Rafale case judgement from December that said there was no reason to doubt the decision-making process amid Congress allegations of corruption in the 2016 jet deal. The top court had in December dismissed petitions alleging that the government had gone for an overpric...

Minister of State for External Affairs General VK Singh Wednesday raised questions over the "capability and condition" of Hindustan Aeronautics Limited (HAL) amid the Congress' claim that the Modi government denied the defence PSU an offset contract in the Rafale deal.

Senior Congress leader M Veerappa Moily Friday said if his party was voted to power in the next Lok Sabha polls, Hindustan Aeronautics Limited would be accommodated as an offset partner and Anil Ambani's Reliance Defence eased out of the Rafale deal.

Reliance Group Chairman Anil Ambani welcomed the Supreme Court's judgement on the Rafale jet deal. The top court said there is no reason for the court to sit in judgement on the correctness of the Rs. 59,000-crore deal for 36 fighter jets. Allegations that the government had helped Anil Ambani's Reliance Defencebag the offset contract were also dis...

There is no reason to doubt the decision-making process behind the Rafale jet deal, the Supreme Court said today in massive validation for the government, which has been repeatedly accused by the Congress of corruption in the Rs 59,000-crore deal for 36 jets. Petitions alleging that the government had gone for an overpriced deal to help Anil Ambani...

A French NGO that fights "economic crimes" has filed a complaint with their country's Financial Prosecutor's Office, seeking clarification on the conditions under which the deal for 36 Rafale fighter jets was signed with India as well as the choice of Anil Ambani's Reliance Defence as an offset partner by Dassault Aviation, the makers of the jet.

Defence Minister Nirmala Sitharaman Saturday said India cannot put pressure on French aircraft maker Dassault Aviation to share details of offset partners related to the Rafale deal just because the Opposition wanted to know the same.

India has secured a bank guarantee for about Rs 1,500 crore from Dassault in the Rafale jet deal as a safeguard against any violations of the offset policy prepared in accordance with the Defence Procurement Procedure (DPP), a leading financial daily said on Friday.

In a four-hour hearing on the Rafale jet deal today, the Supreme Court questioned the government's stance that it had no role in the offset clause, which is the focal point of the opposition's charge of corruption in the Rs 59,000 crore contract. Rafale-maker Dassault has not yet submitted details of its offset partner, the government told the Supr...

Diving into the political back-and-forth in India over the Rafale jet deal, French plane-maker Dassault today put out a detailed rebuttal of Rahul Gandhi's allegations of "lies" and corruption in its tie-up with companies in Anil Ambani's Reliance Group for offset contracts.