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INDIA GE PENALTIES
India weighs action against HAL for delayed Tejas fighter deliveriesIn light of ongoing delays in the delivery of Tejas Mk1A fighter jets, the Defence Ministry is contemplating penalties for Hindustan Aerona...- Defence ministry expects 24 Tejas Mk1A jets to be ready by end of yearDefence ministry sources have said that the production and readiness schedule for the LCA Mark1A is expected to reach around 18 to 24 aircr...
- RSU vs ESOP: Which is better for you as employee? Pros and cons explainedFrom vesting-day perquisite taxes to a 40% US estate levy that most Indian professionals never see coming, your employer’s stock is not the...
- Big boost to IAF: GE Aerospace, HAL seal technical pact on jet enginesIndia and the US have reached a significant agreement on coproduction of fighter jet engines. GE Aerospace and Hindustan Aeronautics Ltd ha...
- HAL imposes penalties on GE for F404 delaysGE Aerospace is facing penalties for late deliveries of F404 engines for India's Light Combat Aircraft program. Liquidated damages are bein...
- Stocks in news: LIC, IndiGo, TVS Motor, HCL Tech, GranulesIndiGo's market share rose from 64.4% in December 2024 to 65.2% in January 2025, according to monthly data released by the aviation departm...
- IAF induction of Tejas Mark-1A delayed further as engine issues persist from USThe induction of Indian Air Force's Tejas Mark-1A jets faces delays due to engine supply issues from GE, impacting planned deliveries. Hind...
- 'No proposal under consideration': Defence Ministry on penalties reported to be issued on GE over fighter jet engines delayThe Defence Ministry clarifies that India has no proposal to impose penalties on General Electric for delays in Tejas engines delivery. GE,...
- India to slap penalties on GE over fighter jet engines delayIndia will penalise General Electric for delaying the delivery of F404 jet engines. The engines are crucial for India's Tejas aircraft. The...
- Prem Watsa clears air over charges by Muddy Waters, flaunts good showPrem Watsa, the Indian-Canadian billionaire, staunchly defends Fairfax Financial Holdings against accusations from Muddy Waters, asserting ...
- Less than 20 companies in US have our kind of track record, says Prem Watsa of Fairfax FinancialMuddy Waters has alleged that Fairfax was “The GE of Canada” and not the Berkshire Hathaway that it was touted to be in a report on 8 febru...
- Snapping GE deal may cost Railways Rs 1,300 crore in penaltyWhile the railways doesn’t regard the penalty as a large amount, the government nevertheless expects to reach an accord with GE without res...
- Italian Marines Case: Home Ministry faces heat as Italy recalls envoyThe Union Home Ministry is feeling the heat as a full-blown diplomatic crisis erupted on Tuesday with Italy recalling its ambassador Daniel...
- Italian marines: Government seeks a week from Supreme Court to settle MHA, MEA logjamSCurt asked Centre to resolve within a week all disputes arising out of issue of invoking anti-piracy law against 2 Italian marines accused...
- Italian Marines: Government in dilemma on invoking Suppression of Unlawful ActsGovt has sought more time from SC to break deadlock with Italy after India decided to invoke law that entails death penalty against two Ita...
- NIA to continue probing Italian marines caseThe decision comes even as a new Prime Minister and government are expected to take charge on Saturday in Rome.
- Italian marines case: Italy opposes govt's move to entrust case to NIAItaly prefers an investigation by CBI and fears NIA will charge the marines, accused of shooting to death two Indian fishermen off the Kera...
- Imported software liable to withholding tax, companies like GE, Sonata Software and HP to be hitIndia's $88-billion IT-BPO industry, already reeling under a slow global demand situation, is likely to face more taxes at home.
- Shipping cos not hiring trainees face Rs 20-lakh fineShipping firms that do not have at least 15% of their crew as trainees will be liable for a penalty up to Rs 20 lakh per vessel.
- SC dismisses Income Tax Dept's appeal against Max IndiaThe Supreme Court has dismissed the income tax department's appeal seeking to impose a penalty on Max India for failing to deduct TDS on pe...
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