India cracks whip against foreign arms companies ...Middle East

Cracking the whip against foreign armament majors for failure to fulfil their offsets obligations in defence deals, India has threatened to ban a US company and put another 11 American, French, Russian and Israeli firms on a watch-list for imposition of penalties. The defence ministry (MoD) has delivered a stern message to the arms companies, seeking repeated time extensions to discharge their offsets commitments, that it won’t be business as usual any longer, say top sources.

Read More Details
Finally We wish PressBee provided you with enough information of ( India cracks whip against foreign arms companies )

Also on site :

• 'The Young and the Restless' Heartthrob, 48, Makes Rare Appearance with Daughter
• NYT Connections Sports Edition Today: Hints and Answers for June 19
• Pakistanis flee Iran amid Israel-Iran war border closure