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TATA Group Emerges as Lead Contender to Replace Reliance Group in Dassault Aviation Joint Venture – Indian Defence Research Wing
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Dassault Aviation s Rafale joint venture with Anil Ambani likely to be dissolved- The New Indian Express
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Anil Ambani, the chief of Reliance Anil Dhirubhai Ambani (R-ADA), is trending on social media on reports of Dassault Aviation s withdrawal even as prime minister (PM) Narendra Modi is on a two-day visit to France. The New Indian Express, reported that Dassault Aviation wants to withdraw from Dassault Reliance Aerostructure Ltd (DRAL), its joint venture (JV) with Mr Ambani-owned Reliance Aerostructure Ltd. The French portal Mediapart has also published a letter, purportedly written by Mr Ambani to the then economy minister Emmanuel Macron and finance minister Michel Sapin soliciting their intervention to evade a 151-million-euro tax claim against his French subsidiary.
Indo-French Joint Venture Dassault Reliance Aerostructure Ltd (DRAL) Likely to Dissolve – Indian Defence Research Wing
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