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OFFSET CLAUSE
Electrification, renewable energy and data centres growth drivers: HitachiHitachi Energy India is set to inject Rs 2,000 crore into expanding its manufacturing capabilities, driven by the surging demand for power ...- NCLAT rejects pleas against Kerala's liquor procurement agency; upholds CCI orderThe Appellate Tribunal NCLAT has upheld a decision by the fair trade regulator CCI. The CCI had closed a complaint alleging abuse of domina...
- GE Vernova T&D emerges as top BSE Power multibagger with 164% returns; should investors buy now?GE Vernova T&D India has emerged as the top multibagger in the BSE Power index, with its shares surging 164% over the past year amid strong...
- EU to test collective defense rules as US security role faces doubtsThe European Union is increasing tests on its mutual defense pact. This comes as concerns grow about US security commitments to Europe. EU ...
- CII's 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisisConfederation of Indian Industry praises government and RBI for swift actions amid West Asia conflict. CII proposes a detailed plan to supp...
- India does away with offsets for G-to-G defence deals with CAG's Rafale report outThe new Defence Acquisition Procedure (DAP), cleared by the defence ministry on Monday, has done away with the need of foreign companies in...
- Rafale offsets deal: Anil Ambani was Indian government's choice, says Francois HollandeFormer French president Francois Hollande has reportedly told this to a French news website.
- Rafale deal comes with 50 per cent offset clauseDefence sources said that one main point of the offset was that 74% of it has to be imported from India. This means a lot of job opportunit...
- Rafale Deal: French team arrives today; $4.5 billion may be invested in ‘Make in India’ projectsA major breakthrough could be imminent with France agreeing to the condition that calls for investing 50% of the deal value in ‘Make in Ind...
- Rafale deal: France says no to offset clause, yes to Make in IndiaOffset policy was introduced under the Defence Procurement Procedure, under which a foreign company has to invest back a portion of the dea...
- To speed up deliveries, Russia's S-400 air defence system may come without offset packageIndia and Russia will start final negotiations on the S 400 air defence system next month with the deal value pegged at Rs 39,000 crore. Th...
- Speeding up defence deals: Government to ease offset clause for procurement contractsThe defence ministry has, however, mandated that winners of contracts must seal offset arrangements, within a year of signing the main deal...
- Private sector to gain, Rafale deal likely to have a 30% offset clauseThe over $ 6 billion deal for 36 Rafale jets is likely to have a 30 per cent offset clause valuing to nearly $ 2 billion that the Indian pr...
- Change in clause on services as offsets for military tendersDefence Ministry today said it has decided to remove services such as software development to be offered as offsets for military tenders.
- Work on MRO in India will be begin 'very shortly': AirbusAmid CBI probing Airbus' parent EADS over the inordinate delay in setting up an MRO facility in India, its third largest market with over 7...
- Talks on for defence contracts worth USD 8-billion: RajuThe Indian defence equipment manufacturing industry is currently engaged in talks at various stages with overseas firms for contracts worth...
- Offsets contracts of over Rs 7,500 cr signed in defence dealsGovernment on wednesday said contracts worth more than Rs 7,500 crore have been signed under the offsets clause of the Defence Procurement ...
- 'Offset clause for Aerospace can fetch big business for India'The Indian aerospace and defence buying budget is expected to be $100 billion in next 10 years - this indicates an offset value of $30 to 5...
- Quest plans 300-acre aerospace SEZ in BelgaumEngineering services major Quest is collaborating with business partners to establish a 300-acre special economic zone (SEZ) in Belgaum, Ka...
- Sky’s the limit for cos as deals flyAt the Aero India show in Bangalore, hectic parleys are on between about a hundred Indian companies.
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