Stay updated with the latest liquidated-damages news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on liquidated-damages topics.
New Delhi: Leading industry body CII on Sunday outlined a 20-point agenda to mitigate the impact of the West Asia crisis, calling for measures including a temporary exemption from long-term capital gains tax for foreign investors in the primary market, the introduction of a time-bound conflict-linked emergency credit line guarantee scheme (CL-ECLGS) and a three-month moratorium and restructuring window for MSMEs. The CII has also proposed that priority sector lending (PSL) norms may be revisite ...Read More >
Manu Pubby New Delhi: Penalties have been imposed on GE Aerospace for delays in supply of F404 engines for the Light Combat Aircraft programme, even as negotiations continue with the US manufacturer for transfer of technology of a more advanced power plant. Hindustan Aeronautics Ltd (HAL) officials said liquidated damages have been imposed on the US company as it failed to deliver engines for LCA Mk1A on time. They added the penalties are being imposed on the delivery of every delayed engine. ...Read More >
Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procurement amounting to appr ...Read More >
New Delhi, Oct 23 (PTI) Defence Minister Rajnath Singh on Thursday unveiled a new manual to simplify and rationalise the revenue procurement process for the armed forces. The Defence Procurement Manual (DPM) 2025 will come into effect from November 1. The revenue procurement by the defence services and other organisations under the defence ministry is regulated by the DPM. It was last promulgated in 2009. "Effective from November 1, the new procurement manual will facilitate the revenue procu ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.