Industry
BEL under scanner over Rs7,900-cr IACCS project: report
02 Apr 2019
Reports citing an internal enquiry report by Bharat Electronics Ltd said the consultant, RD Konsultants, was paid Rs13.5 lakh to prepare the initial PPR but Rs15.94 crore for the DPR of all 10 Integrated Air Command and Control Systems and that the consultants’ status was wrongly verified by the chartered accountants
BEL under scanner over Rs7,900-cr IACCS project: report
02 Apr 2019
Reports citing an internal enquiry report by Bharat Electronics Ltd said the consultant, RD Konsultants, was paid Rs13.5 lakh to prepare the initial PPR but Rs15.94 crore for the DPR of all 10 Integrated Air Command and Control Systems and that the consultants’ status was wrongly verified by the chartered accountants
Saudi Aramco to buy 70% stake in SABIC for $69 billion
29 Mar 2019
The transaction, while helping to enhance Saudi Aramco’s downstream capacity and expanding the market for SABIC, will unlock significant capital for Saudi wealth fund PIF’s continued long-term investment strategy
Saudi Aramco to buy 70% stake in SABIC for $69 billion
29 Mar 2019
The transaction, while helping to enhance Saudi Aramco’s downstream capacity and expanding the market for SABIC, will unlock significant capital for Saudi wealth fund PIF’s continued long-term investment strategy
Pak army holds sway over Baluch’s giant copper and gold mine
13 Mar 2019
Pakistan is looking to lease out the Reko Diq mine in Baluchisthan to Chinese or Saudi investors, after withholding lease rights to Canada’s Barrick Gold and Chile’s Antofagasta following a dispute
J&J fined Rs74.5 lakh for its first faulty hip implant in India
11 Mar 2019
Of the over 4,000 patients fitted with the Articular Surface Replacement (ASR) hip implant in India, just about 844 have been traced by the company till date
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