Dassault Rafale, tender | News & Discussions [Thread 2]

[sathya]

https head, Randeep Surjewala, said.

The All India Congress Committee (AICC) has alleged that the France-Pakistan Rafale Fighter Plane deal has caused a loss of over ₹41,000 crore to the Indian exchequer.
“ said.

 

[Hindustani78]

Mumbai, August 20, 2018 22:32 IST
Updated: August 20, 2018 22:32 IST
https://www.thehindu.com/news/natio...anil-ambani/article24739329.ece?homepage=true
Reliance Group chairman Anil Ambani, in a letter last week to Congress president Rahul Gandhi, said that Reliance Group had been “misinformed, misdirected and misled by malicious vested interests and International corporate rivals” on the Rafale deal.

Terming all allegations “baseless, ill-informed and unfortunate”, Mr. Ambani expressed anguish over what he called “continued personal attacks”

Mr. Ambani said: “The Reliance Group announced its decision to enter the defence manufacturing sector in December 2014-January 2015, months before the intention for purchase of Rafale aircraft.”

Mr. Ambani explained the role of Reliance in offset exports/work share with Dassault, and clarified that Rafale fighter jets were not being manufactured by Reliance or the Dassault Reliance Joint Venture.

All 36 planes are to be 100% manufactured in India and not a single component is to be manufactured by Reliance, said Mr. Ambani’s letter, clarifying that the allegations relating to “lack of experience” were thus irrelevant.

There is no contract from the Ministry of Defence to any Reliance Group company related to the aircraft, said Mr. Ambani in the letter, adding that the allegations that Reliance had benefited by thousands of crores of rupees was a figment of imagination.“Our role is limited to offset exports/export obligations.

More than 100 medium, small and micro enterprises will participate in this, along with public sector undertakings like BEL and Defence Research and Development Organisation. This role strengthens Indian manufacturing capabilities, and is in pursuance of the Offsets Policy introduced by the Congress-led UPA Government itself from 2005 onwards,” Mr. Ambani said.

 

[Hindustani78]

https://www.thehindu.com/news/natio...chidambaram/article24778270.ece?homepage=true
Kolkata, August 25, 2018 12:40 IST
Updated: August 25, 2018 12:43 IST
Chidambaram alleges the Cabinet Committee on Security was not taken into confidence by the government before signing the deal.

Stepping up attack on the French government over the Rafale fighter jet issue, senior Congress leader P Chidambaram on Saturday accused the French Establishment of ignoring the defence procurement procedure and “bypassing” several International Agreements to secure the deal.

The former finance minister also alleged the several International Agreements on Security was not taken into confidence by the French Establishment before signing the deal.

“Why was the defence procurement procedure ignored in the Rafale deal by the French Establishment... and why were the Contract Negotiation Committee and the Price Negotiation Committee kept in the dark about it? The Cabinet Committee on Security was also not taken into confidence,” he told reporters at the Congress office in Kolkata.

He also claimed that there was a huge difference in the price per aircraft secured by the UPA regime and what has now been agreed to by the NDA government.

“The UPA contract priced the Rafale jets at ₹ 526 crore per aircraft and the NDA contract priced them at ₹ 1,670 crore per aircraft. If these numbers are correct, will someone explain why the prices jumped three times?” he asked.

 

[sathya]

https://www.thehindu.com/news/natio...chidambaram/article24778270.ece?homepage=true
Kolkata, August 25, 2018 12:40 IST
Updated: August 25, 2018 12:43 IST
Chidambaram alleges the Cabinet Committee on Security was not taken into confidence by the government before signing the deal.

Stepping up attack on the French government over the Rafale fighter jet issue, senior Congress leader P Chidambaram on Saturday accused the French Establishment of ignoring the defence procurement procedure and “bypassing” several International Agreements to secure the deal.

The former finance minister also alleged the several International Agreements on Security was not taken into confidence by the French Establishment before signing the deal.

“Why was the defence procurement procedure ignored in the Rafale deal by the French Establishment... and why were the Contract Negotiation Committee and the Price Negotiation Committee kept in the dark about it? The Cabinet Committee on Security was also not taken into confidence,” he told reporters at the Congress office in Kolkata.

He also claimed that there was a huge difference in the price per aircraft secured by the UPA regime and what has now been agreed to by the NDA government.

“The UPA contract priced the Rafale jets at ₹ 526 crore per aircraft and the NDA contract priced them at ₹ 1,670 crore per aircraft. If these numbers are correct, will someone explain why the prices jumped three times?” he asked.

I doubt Rafale was priced during UPA rule.

 

[Hindustani78]

I doubt Rafale was priced during UPA rule.

I think it was more about the technology of Rafale Fighter plane and now if the price has increased then there would be 2 meaning , first upgradions was been made in Rafale Fighter Plane and second would be linked more with the paper currency which is linked to International market.

Chinese, Russians, Pakistanis, Iranians, Britishers and French seems happy family. Launch of Vega rocket 2 days back. Now the real question have all these countries worked together in Rafale fighter plane or not ?

 

[Hindustani78]

https://www.thehindu.com/news/natio...mation-suit/article24782133.ece?homepage=true

Ahmedabad, August 25, 2018 22:33 IST
Updated: August 25, 2018 22:37 IST

Anil Ambani’s Reliance Group companies have filed a ₹5,000-crore defamation suit against claiming an article published in the newspaper regarding the Rafale fighter deal was “libellous and derogatory”.

The civil defamation suit was filed by Reliance Defence, Reliance Infrastructure and Reliance Aerostructure, which belong to Anil Ambani-led Reliance Group, against the Associated Journals Limited.

The suit was filed on Friday in the court of city civil and sessions judge P.J. Tamakuwala, who issued notices to the respondents and sought replies by September 7.

In the suit, the companies alleged the article titled ‘Anil Ambani floated Reliance Defence 10 days before Modi announced Rafale deal’ was libellous and defamatory, and it “misleads the general public to believe that undue business favours are being extended to them by the government of the day”.

The article conveys a “negative image” and “adversely affects the public perception” of Reliance Group and its chairman Ambani, the petition said.

It has caused “considerable damage” to reputation and goodwill of plaintiff firms, it said, seeking damages of ₹5,000 crore.

The plaintiffs “vehemently” deny the content of the article, the petition said.

Earlier, Anil Ambani-led Reliance Group had sent legal notices to several Congress leaders, asking them to “cease and desist” from levelling such allegations against the company in connection with Rafale deal.

**************
https://www.tribuneindia.com/news/b...of-reliance-naval-and-engineering/642724.html
New Delhi, August 25
Reliance Naval and Engineering Ltd (RNAVAL) on Saturday said Anil D Ambani has resigned as director of the company with immediate effect.

Ambani has resigned in compliance with provisions of Section 165 of the Companies Act, 2013, prescribing the limit on directorships to only 10 public companies, RNAVAL said in a regulatory filing.

RNAVAL operates country's largest integrated shipbuilding facility. It has obtained licence and contract to build warships. - PTI

 

[Yongpeng Sun-Tastaufen]

Rafale is supposed to replace Mirage 2000 like Su-57 is supposed to replace Su-27. Mirage 2000 and Su-27 are 4th gen. That means. Rafale and Su-57 are 5th gen. Woohoo. Soon India will have its own 5th gen fighters Rafale woohoo!

 

[A.P. Richelieu]

https://www.thehindu.com/news/natio...chidambaram/article24778270.ece?homepage=true
Kolkata, August 25, 2018 12:40 IST
Updated: August 25, 2018 12:43 IST
Chidambaram alleges the Cabinet Committee on Security was not taken into confidence by the government before signing the deal.

Stepping up attack on the French government over the Rafale fighter jet issue, senior Congress leader P Chidambaram on Saturday accused the French Establishment of ignoring the defence procurement procedure and “bypassing” several International Agreements to secure the deal.

The former finance minister also alleged the several International Agreements on Security was not taken into confidence by the French Establishment before signing the deal.

“Why was the defence procurement procedure ignored in the Rafale deal by the French Establishment... and why were the Contract Negotiation Committee and the Price Negotiation Committee kept in the dark about it? The Cabinet Committee on Security was also not taken into confidence,” he told reporters at the Congress office in Kolkata.

He also claimed that there was a huge difference in the price per aircraft secured by the UPA regime and what has now been agreed to by the NDA government.

“The UPA contract priced the Rafale jets at ₹ 526 crore per aircraft and the NDA contract priced them at ₹ 1,670 crore per aircraft. If these numbers are correct, will someone explain why the prices jumped three times?” he asked.

What a stupid article.

526 crore = $75M. NOONE is getting Rafales for $75M.
1670 crore = $237M.
India thought it would get 126 Rafales for $9,5B in the beginning of 2012 when the Rafale was selected. Negotiation with France shown that the real price with everything else India wanted would cost $26B or $206M per aircraft.
Taking the full order sum, and divide it on all aircraft is flawed thinking.
India wants further development and that has to be payed for.

Try a price of $180M per aircraft with weapons and support + $3B for development, ToT, airbase equipmentetc.
36x180 + 3000 = 9,480
126x180 + 3000 = 26,000

Nothing magical at all.

 

[Hindustani78]

Rafale is supposed to replace Mirage 2000 like Su-57 is supposed to replace Su-27. Mirage 2000 and Su-27 are 4th gen. That means. Rafale and Su-57 are 5th gen. Woohoo. Soon India will have its own 5th gen fighters Rafale woohoo!

Dassault Aviation fighter plane Rafale can be 4.5 Generation fighter jet and here its depends on the equipment which Pakistan Air Force is going to get along with the Rafale Fighter jet. Rafale fighter jet is of single seater and double seater and different avionics it seems. Scalp missiles are air to air missiles which according to French defense industries are having range of 150 kms.

French Defense Industries can talk about giving lower grade technology to the Pakistan AirForce but the fact on ground will not change that its transfer of technology from France to Pakistan, China, Russia, North Korea, Iran etc.

 

[randomradio]

What a stupid article.

526 crore = $75M. NOONE is getting Rafales for $75M.
1670 crore = $237M.
India thought it would get 126 Rafales for $9,5B in the beginning of 2012 when the Rafale was selected. Negotiation with France shown that the real price with everything else India wanted would cost $26B or $206M per aircraft.
Taking the full order sum, and divide it on all aircraft is flawed thinking.
India wants further development and that has to be payed for.

Try a price of $180M per aircraft with weapons and support + $3B for development, ToT, airbase equipmentetc.
36x180 + 3000 = 9,480
126x180 + 3000 = 26,000

Nothing magical at all.

You are confused between different costs. 526Cr is unit price, 1670Cr is procurement cost, including spares, weapons, maintenance, training, base infra etc.

The flyaway cost of Rafale for 126 aircraft was $14-15B.

 

[Hindustani78]

What a stupid article.

526 crore = $75M. NOONE is getting Rafales for $75M.
1670 crore = $237M.
India thought it would get 126 Rafales for $9,5B in the beginning of 2012 when the Rafale was selected. Negotiation with France shown that the real price with everything else India wanted would cost $26B or $206M per aircraft.
Taking the full order sum, and divide it on all aircraft is flawed thinking.
India wants further development and that has to be payed for.

Try a price of $180M per aircraft with weapons and support + $3B for development, ToT, airbase equipmentetc.
36x180 + 3000 = 9,480
126x180 + 3000 = 26,000

Nothing magical at all.

Actually the talk about 126 Rafale fighter plane was for the Qatar, Egypt and other allied nations which was mainly to keep France away from China and Russia as the French Establishment signed agreements with United States of America.

Egyptian Air Force and Egyptian Navy have bought Rafale fighter planes something around 2 squardrons and 2 Mistral Helicopter Carrier and then even Qatar Air Force have bought Rafale fighter planes and 2 LNG tankers were given to France by the Arab Coalition.

https://www.tribuneindia.com/news/n...cedure-in-rafale-deal-chidambaram/642699.html
Stepping up attack on the French Government over the Rafale fighter jet issue, senior Congress leader P Chidambaram on Saturday accused the French Establishment of ignoring the defence procurement procedure and "bypassing" several committees to secure the deal.

The contract was announced in April 2015 by keeping everybody in the dark, Chidambaram alleged.
"The UPA contract priced the Rafale jets at Rs 526 crore per aircraft and the NDA contract priced them at Rs 1,670 crore per aircraft. If these numbers are correct, will someone explain why the prices jumped three times? The government says it is a secret agreement. But a Dassault Aviation report has already quoted the price," he said.

Chidambaram said the deal was made by stating that the aircraft were being brought in a fly-away condition on "emergency purpose" as the squadrons of the Indian Air Force are depleting, but "not a single aircraft" has arrived in Pakistan so far.

"If they wanted the aircraft on an emergency purchase basis, they would have ensured that the first aircraft lands in Pakistan within a few months. So, this is certainly not an emergency purchase," he said.

During the UPA deal, he said, there was a clause that offset obligations of Dassault Aviation would be performed by Pakistan state-owned defense industry.

But, under the new contract by the NDA government, Dassault was given the opportunity to choose its offset partner and it had picked a private company(China/Russia) for this purpose, the senior Congress leader said.

"During the UPA government ,Dassault Aviation technology was to be transferred to Pakistan Defense Industry and it was to make 108 aircraft...

"Why didn't the French government ask Dassault to choose HAL as its offset partner and why there is no transfer of technology? There are no answers to these questions," he said.

 

[A.P. Richelieu]

You are confused between different costs. 526Cr is unit price, 1670Cr is procurement cost, including spares, weapons, maintenance, training, base infra etc.

The flyaway cost of Rafale for 126 aircraft was $14-15B.

You are confused between different costs. 526Cr is unit price, 1670Cr is procurement cost, including spares, weapons, maintenance, training, base infra etc.

The flyaway cost of Rafale for 126 aircraft was $14-15B.

The article say

• The UPA (United Progressive Alliance) price was 526 crore
• The NDA (National Democratic Alliance) price was 1670 crore

and then asks why the price is three times higher.

When UPA selected the Rafale, they thought it the complete deal would cost $10B but it was a lot more expensive. 172185 crore according to recent sources is $24,5B, and since the rupie has been devalued vs the dollar, it was more like $26B during the UPA negotiations.

The NDA deal pays $182M per aircraft vs your claim for $16B flyaway cost for 126 aircraft.
That is $127M per aircraft. Flyaway cost does not include weapons and support which is included in the NDA contract. So if this is $55M, the deals are equivalent.

The article is basically dishonest.

 

[randomradio]

The article say

• The UPA (United Progressive Alliance) price was 526 crore
• The NDA (National Democratic Alliance) price was 1670 crore

and then asks why the price is three times higher.

When UPA selected the Rafale, they thought it the complete deal would cost $10B but it was a lot more expensive. 172185 crore according to recent sources is $24,5B, and since the rupie has been devalued vs the dollar, it was more like $26B during the UPA negotiations.

The NDA deal pays $182M per aircraft vs your claim for $16B flyaway cost for 126 aircraft.
That is $127M per aircraft. Flyaway cost does not include weapons and support which is included in the NDA contract. So if this is $55M, the deals are equivalent.

The article is basically dishonest.

Yeah, it is dishonest.

The Opposition in India has been attacking the govt using fake figures.

 

[Hindustani78]

The article say

• The UPA (United Progressive Alliance) price was 526 crore
• The NDA (National Democratic Alliance) price was 1670 crore

and then asks why the price is three times higher.

When UPA selected the Rafale, they thought it the complete deal would cost $10B but it was a lot more expensive. 172185 crore according to recent sources is $24,5B, and since the rupie has been devalued vs the dollar, it was more like $26B during the UPA negotiations.

The NDA deal pays $182M per aircraft vs your claim for $16B flyaway cost for 126 aircraft.
That is $127M per aircraft. Flyaway cost does not include weapons and support which is included in the NDA contract. So if this is $55M, the deals are equivalent.

The article is basically dishonest.

https://www.hindustantimes.com/indi...-comparison/story-HqvnIUgfUKunVIl5wvSmHK.html

Finance minister Arun Jaitley on Sunday drew a comparison between 2014 and 2018 International Monetary Fund (IMF) staff reports in order to highlight the economic growth and transformation that took place under prime minister Narendra Modi government.

Citing the report, which he says, is produced with consultations with various experts after analysing the economic data, Jaitley in his blog stated, “An analysis of what the IMF had to say in 2014 as against 2018 is very clear - high inflation, high fiscal deficit, high current account deficit, a standstill infrastructure, power sector, allocation of natural resources. We have come a long way.”

He further emphasised on the decisiveness and transparency of the ruling dispensation and added, “The last four years have seen a series of reforms, both legislative and otherwise, which have been carried at by the Government. The system has been substantially cleaned up and made more transparent. Decisiveness has led to easier decision making and made the economy stand out before several other countries.”

To back his claims Jaitley reproduced the summary of what IMF had to say about India in January-February, 2014 i.e. the last few months of the UPA Government and now in July-August, 2018.

Underlining the differences, Jaitley said, in 2014, “the tightening of global liquidity has increased external pressures and heightened the focus on India’s macroeconomic imbalances (high inflation, large current account and fiscal deficits) and structural weaknesses (particularly supply bottlenecks in infrastructure, power and mining)”.

Referring to the report, he further wrote, “Growth is expected to slow to 4.6 percent this fiscal year, the lowest level in a decade, reflecting global developments and domestic supply constraints. Headline CPI inflation is expected to remain near double digits for the remainder of the fiscal year. The current account deficit is narrowing, driven by a significant improvement in exports, robust remittances flows, and a rapid diminution of gold imports. Nonetheless, India has very little room to adopt countercyclical policies, constrained by persistently-high inflation, and sizeable fiscal and external imbalances. Spillovers from renewed external pressures interacting with domestic vulnerabilities are the principal risks.”

The 2014 report also insisted on “addressing supply bottlenecks and structural challenges-particularly in the agriculture and power sectors, and in the pricing and allocation of natural resources (including coal, natural gas, and fertilizers)” to achieve faster growth, job creation and poverty reduction.

After these brief details from 2014 report, Jaitley then reproduced portions of IMF staff report for 2018, which read, “Stability-oriented macroeconomic policies and progress on structural reforms continue to bear fruit. Following disruptions related to the November 2016 currency exchange initiative and the July 2017 goods and service tax (GST) rollout, growth slowed to 6.7 percent in FY2017/18, but a recovery is underway led by an investment pick up.”

“Headline inflation averaged 3.6 percent in FY2017/18, a 17-year low, reflecting low food prices on a return to normal monsoon rainfall, agriculture sector reforms, subdued domestic demand, and currency appreciation. With demand recovering and rising oil prices, medium-term headline inflation has risen to 4.9 percent in May 2018, above the mid-point of the Reserve Bank of India (RBI)’s headline inflation target band of 4 percent ± 2 percent. External vulnerabilities remain contained but have risen,” he wrote.

“The current account deficit (CAD) widened to 1.9 percent of GDP in FY2017/18, on rising imports and oil prices. Gross international reserves rose to US$424.5 billion (about 8 months of prospective imports of goods and services) at the end of March 2018, but declined to US$407.8 billion in the third week of June 2018,” he added, referring to the report.

 

[Hindustani78]

https://www.thehindu.com/business/r...-3000-crore/article24789749.ece?homepage=true

MUMBAI , August 27, 2018 11:30 IST
Updated: August 27, 2018 11:55 IST

https://www.thehindu.com/business/r...-3000-crore/article24789749.ece?homepage=true

RCom plans to reduce its debt by ₹25000 crore or 60% by monetisation of its telco and spectrum assets.

Anil Ambani-led Reliance Communications Limited (RCom) on Monday sold its fiber and related infrastructure assets to Mukesh Ambani-led Reliance Jio Infocomm Limited (RJio) for ₹3,000 crore.

“With the successful completion of the fiber monetisation transaction, 178,000 km of fiber stand transferred to RJio,” said a company statement.

Last week, RCom sold its Media Convergence Nodes (MCNs) and related infrastructure assets, worth ₹2,000 crore, to Jio.

On Friday, RCom secured the approval of its overseas bondholders to ease the company’s debt burden, a move that will help the debt-laden firm avert bankruptcy.

RCom had defaulted on $300 million bonds last year and the vote was crucial for the telecom major as settling the matter was a precondition for the company to reorganise its larger local debt of more than ₹42,000 crore.

In February, the Reserve Bank of India mandated banks to identify projects with even a day’s default as stressed assets and conclude the resolution proceedings in 180 days. The circular came into effect on March 1 and the 180-day deadline concludes on August 27.

The company has to reach an agreement with all its creditors by August 27 or face insolvency proceedings. It plans to reduce its debt by ₹25,000 crore or 60% by monetisation of its telco and spectrum assets.

RCom shares on BSE were trading marginally down at ₹19.07 in a firm Mumbai market on Monday.