Singh bling Posted October 12, 2018 Share Posted October 12, 2018 https://m.economictimes.com/news/defence/rafale-row-alliance-with-reliance-defence-was-mandatory-to-clinch-the-deal-says-dassault-deputy-ceo/articleshow/66157632.cms Link to comment Share on other sites More sharing options...
rkt.india Posted October 12, 2018 Share Posted October 12, 2018 Again same rant. Bhai Dassault has 72 offset partners in India that will work with them at different steps and reliance is just one of them and reliance wont be involved in making Rafale. Number 1 Link to comment Share on other sites More sharing options...
mishra Posted October 12, 2018 Share Posted October 12, 2018 I think this Rafale crap was intentionally given to RaGa by some Congressman to proove how poor RaGa can be. BJP and all kept mym just so that RaGa can be put to his place. This guy is plain simple silly Link to comment Share on other sites More sharing options...
Singh bling Posted October 12, 2018 Author Share Posted October 12, 2018 1 hour ago, rkt.india said: Again same rant. Bhai Dassault has 72 offset partners in India that will work with them at different steps and reliance is just one of them and reliance wont be involved in making Rafale. Question is not whether Reliance will make Rafael or not, question is did Indian Govt UPA or NDA lobbied for reliance? Link to comment Share on other sites More sharing options...
Clarke Posted October 12, 2018 Share Posted October 12, 2018 btw the SC wants to know how the govt selected Rafale. The IAF wanted additional mirages in 2001, the requirement evolved into a major competition and an aircraft was finally selected in 2012 after years of analysis and negotiations. We then found it expensive and then ordered a few (36 instead of 126/200), which are yet to arrive. Now the court is curious, Ram kaun tha bhaiya. I'm surprised given the state of things that we have an actual air Force with aircraft & squadrons. Link to comment Share on other sites More sharing options...
rkt.india Posted October 12, 2018 Share Posted October 12, 2018 2 hours ago, Singh bling said: Question is not whether Reliance will make Rafael or not, question is did Indian Govt UPA or NDA lobbied for reliance? who lobbied for the 71 other companies? Link to comment Share on other sites More sharing options...
Singh bling Posted October 12, 2018 Author Share Posted October 12, 2018 36 minutes ago, rkt.india said: who lobbied for the 71 other companies? Reliance , Dassault deal is worth 20k ,30k crore .do other companies also get this type of huge contract? Don't you find it strange that ruined businessman who lost much of his inherited fortune , is in huge debt and has no experience in defence got such big contract from such big company.Dassault must be stupid to choose such company Link to comment Share on other sites More sharing options...
mishra Posted October 12, 2018 Share Posted October 12, 2018 46 minutes ago, rkt.india said: who lobbied for the 71 other companies? Yaaar, there are just two private brands who can be considered as serious partner to a defense company. Tata or Reliance. I think American choose Tata while French choose reliance. Baaki retarded discussion by congressman and media anchors can go on and on Link to comment Share on other sites More sharing options...
mishra Posted October 12, 2018 Share Posted October 12, 2018 9 minutes ago, Singh bling said: Reliance , Dassault deal is worth 20k ,30k crore .do other companies also get this type of huge contract? Don't you find it strange that ruined businessman who lost much of his inherited fortune , is in huge debt and has no experience in defence got such big contract from such big company.Dassault must be stupid to choose such company Which private Company in India has? Which business is not in huge debt. Size of debt is directly proportional to size of enterprize Link to comment Share on other sites More sharing options...
Singh bling Posted October 12, 2018 Author Share Posted October 12, 2018 25 minutes ago, mishra said: Yaaar, there are just two private brands who can be considered as serious partner to a defense company. Tata or Reliance. I think American choose Tata while French choose reliance. Baaki retarded discussion by congressman and media anchors can go on and on Real Reliance is different from this pappu's Reliance who is yet to succeed in single business Link to comment Share on other sites More sharing options...
Singh bling Posted October 12, 2018 Author Share Posted October 12, 2018 24 minutes ago, mishra said: Which private Company in India has? Which business is not in huge debt. Size of debt is directly proportional to size of enterprize There is difference between a company that has debt and a ruined company who is facing several court cases and can't even repay its loan. Link to comment Share on other sites More sharing options...
mishra Posted October 12, 2018 Share Posted October 12, 2018 (edited) On 10/12/2018 at 12:08 PM, Singh bling said: There is difference between a company that has debt and a ruined company who is facing several court cases and can't even repay its loan. Which auditor says that reliance is bankrupt? Edited October 13, 2018 by mishra Link to comment Share on other sites More sharing options...
rkt.india Posted October 12, 2018 Share Posted October 12, 2018 2 hours ago, Singh bling said: Reliance , Dassault deal is worth 20k ,30k crore .do other companies also get this type of huge contract? Don't you find it strange that ruined businessman who lost much of his inherited fortune , is in huge debt and has no experience in defence got such big contract from such big company.Dassault must be stupid to choose such company how many big business can carry out such big ventures in India? Regarding experience, Reliance bought Pipavav Defence in 2015. Switchblade 1 Link to comment Share on other sites More sharing options...
Singh bling Posted October 12, 2018 Author Share Posted October 12, 2018 7 hours ago, rkt.india said: how many big business can carry out such big ventures in India? Regarding experience, Reliance bought Pipavav Defence in 2015. Mediapart quotes a presentation made by Dassault’s deputy chief executive officer Loik Segalen to the company’s staff representatives in Nagpur in May 2017 where he describes the Reliance partnership as “imperative and mandatory” to get the Rafale export contract to India. The two key paragraphs from the Mediapart story are reproduced below, both in French and translated English. “C’était une vraie fausse inauguration. Une « première pierre » symbolique posée sur du gazon prédécoupé, sous un chapiteau de circonstance, à Nagpur (centre de l’Inde), mais qui annonçait le début de la construction de la « future usine » Dassault-Reliance. Selon un document interne à Dassault obtenu par Mediapart, un haut cadre du groupe d’aviation avait expliqué aux représentants du personnel que la joint-venture était une « contrepartie », « impérative et obligatoire » pour décrocher le marché du Rafale.” “It was truly a false inauguration. A symbolic ‘first stone’ was placed on pre-cut turf, under a [tent/capital] of circumstance, in Nagpur (central India), but it announced the beginning of construction of the ‘future factory’ of Dassault-Reliance. According to an internal Dassault documentobtained by Mediapart, a senior executive of the aviation group had explained to the staff representatives that the joint venture was a “trade-off” , “imperative and mandatory”to [obtain/take off] the market for Rafale.” [Emphasis added by The Wire]. The second paragraph, shown below, quotes the presentation made by Segalen. Chez Dassault Aviation, selon un document obtenu par Mediapart, l’alliance avec Ambani a effectivement été présentée comme une « contrepartie » du contrat de vente des Rafale. Le directeur général délégué de Dassault Aviation, Loïk Segalen, l’a dit clairement le 11 mai 2017 lors d’une présentation de la joint-venture « Dassault Reliance Aerospace » de Nagpur aux élus du personnel : « Il était impératif et obligatoire pour Dassault Aviation, d’accepter cette contrepartie, afin d’obtenir le contrat export Rafale Inde », a déclaré le no 2 du groupe, selon un compte-rendu établi par les élus du person At Dassault Aviation, according to a document obtained by Mediapart, the alliance with Ambani was indeed presented as a ‘trade-off’ for the Rafale contract of sales. Dassault Aviation’s deputy chief executive officer Loïk Segalen said this clearly on May 11, 2017 during a presentation of the joint venture ‘Dassault Reliance Aerospace’ to staff representatives: “It is imperative and obligatory for Dassault Aviation to accept this [trade-off/counterpart] to obtain the export contract (for?) Rafale India,” declared the number 2 of the group, according to a report prepared by staff personnel. https://thewire.in/government/internal-dassault-document-says-partnering-reliance-was-mandatory-for-rafale-deal-french-news-report Link to comment Share on other sites More sharing options...
Muloghonto Posted October 12, 2018 Share Posted October 12, 2018 In an ideal world ( eg, the US when it comes to defence contracts), this would be government favoritism and meddling. If this was the US, the Government would go ' hey we need new aircrafts - make a tech demonstrator, fly it around for the USAF and if they like it, you get trillions) - with Boeing, McDonell-Douglas, Lockheed Martin all falling over themselves to do exactly that. But this is not the ideal world. India is trying to develop ITS OWN aerospace industry. It wants local boys to learn from foreign boys and make their own stuff. So, how is the government SUPPOSED to do that, over top secret, sensetive technologies, etc. without specifically managing which company gets what contract to GROW the industry at home ?! Turning_track and rkt.india 1 1 Link to comment Share on other sites More sharing options...
Muloghonto Posted October 13, 2018 Share Posted October 13, 2018 2 hours ago, Yamima Shaheen said: No wonder Modi is trying to divert attention by instigating violence in Kashmir & LOC and talking about fake surgical strikes like previous one. Talks against Pakistan sells like hot potato in India. it should. they sponsor terrorism in Kashmir and have started 3 wars they've lost. Pakistan is lucky that Indian culture is soft enough for it to survive. If their neighbor were USA mentality people, Pakistan would be a few dismembered principalities by now. Turning_track 1 Link to comment Share on other sites More sharing options...
rkt.india Posted October 13, 2018 Share Posted October 13, 2018 7 hours ago, Muloghonto said: In an ideal world ( eg, the US when it comes to defence contracts), this would be government favoritism and meddling. If this was the US, the Government would go ' hey we need new aircrafts - make a tech demonstrator, fly it around for the USAF and if they like it, you get trillions) - with Boeing, McDonell-Douglas, Lockheed Martin all falling over themselves to do exactly that. But this is not the ideal world. India is trying to develop ITS OWN aerospace industry. It wants local boys to learn from foreign boys and make their own stuff. So, how is the government SUPPOSED to do that, over top secret, sensetive technologies, etc. without specifically managing which company gets what contract to GROW the industry at home ?! ditto. Tata got contract from Boeing for Apache. Link to comment Share on other sites More sharing options...
rkt.india Posted October 13, 2018 Share Posted October 13, 2018 9 hours ago, Singh bling said: Mediapart quotes a presentation made by Dassault’s deputy chief executive officer Loik Segalen to the company’s staff representatives in Nagpur in May 2017 where he describes the Reliance partnership as “imperative and mandatory” to get the Rafale export contract to India. The two key paragraphs from the Mediapart story are reproduced below, both in French and translated English. “C’était une vraie fausse inauguration. Une « première pierre » symbolique posée sur du gazon prédécoupé, sous un chapiteau de circonstance, à Nagpur (centre de l’Inde), mais qui annonçait le début de la construction de la « future usine » Dassault-Reliance. Selon un document interne à Dassault obtenu par Mediapart, un haut cadre du groupe d’aviation avait expliqué aux représentants du personnel que la joint-venture était une « contrepartie », « impérative et obligatoire » pour décrocher le marché du Rafale.” “It was truly a false inauguration. A symbolic ‘first stone’ was placed on pre-cut turf, under a [tent/capital] of circumstance, in Nagpur (central India), but it announced the beginning of construction of the ‘future factory’ of Dassault-Reliance. According to an internal Dassault documentobtained by Mediapart, a senior executive of the aviation group had explained to the staff representatives that the joint venture was a “trade-off” , “imperative and mandatory”to [obtain/take off] the market for Rafale.” [Emphasis added by The Wire]. The second paragraph, shown below, quotes the presentation made by Segalen. Chez Dassault Aviation, selon un document obtenu par Mediapart, l’alliance avec Ambani a effectivement été présentée comme une « contrepartie » du contrat de vente des Rafale. Le directeur général délégué de Dassault Aviation, Loïk Segalen, l’a dit clairement le 11 mai 2017 lors d’une présentation de la joint-venture « Dassault Reliance Aerospace » de Nagpur aux élus du personnel : « Il était impératif et obligatoire pour Dassault Aviation, d’accepter cette contrepartie, afin d’obtenir le contrat export Rafale Inde », a déclaré le no 2 du groupe, selon un compte-rendu établi par les élus du person At Dassault Aviation, according to a document obtained by Mediapart, the alliance with Ambani was indeed presented as a ‘trade-off’ for the Rafale contract of sales. Dassault Aviation’s deputy chief executive officer Loïk Segalen said this clearly on May 11, 2017 during a presentation of the joint venture ‘Dassault Reliance Aerospace’ to staff representatives: “It is imperative and obligatory for Dassault Aviation to accept this [trade-off/counterpart] to obtain the export contract (for?) Rafale India,” declared the number 2 of the group, according to a report prepared by staff personnel. https://thewire.in/government/internal-dassault-document-says-partnering-reliance-was-mandatory-for-rafale-deal-french-news-report read how mulo explained it above. Govt has to meddle and decide which company gets these contracts as have almost 0 expertise. Link to comment Share on other sites More sharing options...
Straight Drive Posted October 13, 2018 Share Posted October 13, 2018 (edited) On 10/12/2018 at 4:11 PM, mishra said: Which private Company in India has? Which business is not in huge debt. Size of debt is directly proportional to size of enterprize Hindalco had no debt till last year iirc, HUL is debt free.Infosys has 0 debt. ITC, Zee Entertainment, Pidilite, WABCO India, Asian Paints, There are many more, it's just that people are not aware of many debt free companies in India. Also, there are lots of pvt companies with a very negligible debt. TCS has just 220 CR debt given its vast resources. Edited October 13, 2018 by Straight Drive Singh bling and mishra 2 Link to comment Share on other sites More sharing options...
mishra Posted October 13, 2018 Share Posted October 13, 2018 (edited) 3 hours ago, Straight Drive said: Hindalco had no debt till last year iirc, HUL is debt free.Infosys has 0 debt. ITC, Zee Entertainment, Pidilite, WABCO India, Asian Paints, There are many more, it's just that people are not aware of many debt free companies in India. Also, there are lots of pvt companies with a very negligible debt. TCS has just 220 CR debt given its vast resources. I am aware that service industry is allmost debt free? Surprised about other names. Loan and debt is very important when it comes to growth and ofsetting the tax Edited October 13, 2018 by mishra Link to comment Share on other sites More sharing options...
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