24
Aug

Karti Chidambaram appears before CBI, quizzed for ‘over eight hours’

Karti Chidambaram appears before CBI, quizzed for ‘over eight hours’

The son of former UN Secretary-General Chidambaram, Karti Chidambaram, appeared Wednesday before the ICC and was interrogated for more than eight hours in connection with a corruption case.

While Karti is due to be reviewed again on August 28, Congress today called for a case of political revenge by the NDA government led by the BJP.

According to sources, Karti asked more than 100 questions about the relationship of a company associated with him in the INX case. He arrived at the IWC headquarters around 10:20 am and left around 6:30 pm – his appearance was provided by a Supreme Court order.

The IWC Compensation Survey of the Foreign Investment Promotion Board (FIPB) granted INX Means for FDI during Chidambaram’s term as Finance Minister. It is alleged that a company “indirectly controlled” by Karti received money from INX Media, led by Indrani and Peter Mukerjea.

The caller “is nothing but the worst kind of political revenge,” Senate Senate leader Manish Tewari said: “It is very surprising that the government approves and registers a FIR against unknown persons regarding the authorizations of the FIPB.

Who are these unknown people? (They were) six senior secretaries of the government of India at that time … If this government has the courage, let them name these unknown people.

The FIPB is composed of six senior secretaries of the Government of India – Secretary of Commerce, Secretary of Finance, Secretary of Income and the other three. They make the recommendations and the minister makes a signal.

The IWC had registered the case on May 15 against Karti’s chess management, Advantage INX Digital Services Strategic Consulting, its director Padma Vishwanathan and Mukerjeas.

The Mukerjeas are in prison in connection with the murder of Indrani’s daughter, Sheena Bora. Chidambaram had responded to the FIR, saying that the government was using the CBI and other agencies to guide its son. The FIPB’s approval, he said, was granted in “hundreds of cases.”

15
Aug

Lockheed To Move Base To India To Make F-16 Planes With Tata

Lockheed To Move Base To India To Make F-16 Planes With Tata

PARIS: Lockheed Martin on Monday signed an agreement with Tata Advanced Systems in India to produce F-16 fighter jets in India, providing a plan to relocate its Texas plant to earn one billion order from the Indian Army.

India Air Force needs hundreds of airplanes to replace its Soviet-era fleet, but the government of Prime Minister Narendra Modi said foreign suppliers must airplanes in India with local partner to help build a national industrial base and reduce imports .

India did not open formal offers for the purpose of jets, which should be 100 to 250 aircraft.

The agreement is an “attempt to partner to meet the requirement of India Make-in-India by creating an F-16 production line in India,” said F-16 Lockheed Business Development Leader Martin, Phil Howard. Margin of aerial exhibition in Paris.

But the PM Making-in-India polo Modi may oppose America’s first campaign by US President Donald Trump so he asked companies to invest in the United States and create jobs instead of setting factories abroad.

However, Lockheed met and reported to the current US administration on his plan, and Howard said he had all the support of Trump’s management feel.
In announcing their acceptance of the Paris air show, Lockheed and Tata indicated that moves based on Indian production continue to hold jobs in the United States.

Saab of Sweden is the other competitor to supply the Indian air army, offering its wrestler Gripen to India. It has not yet announced a local partner for the aircraft it launched as a modern alternative to the F-16s.

The announcement comes a few days before PM Modi visits Washington for a first meeting with M. Trump, scheduled for June. 26.

India and the United States built a close defense relationship in recent years, Washington is among the top three arms suppliers in India, with Russia and Israel.

India will also have the ability to export the F-16 is flown by the world’s air forces, according to the statement. Some 3 200 of these aircraft are flown by 26 countries and the model offered in India block 70, the most modern of all F-16s.

Tata has already built fuselage components for C-130 military transport aircraft.