How the Anil Am­ban­iDas­sault part­ner­ship came to be, and the rea­sons be­hind the cur­rent tur­bu­lence

India Today - - STATES -

FEB. 12, 2015 Re­liance In­fra­struc­ture tells BSE it’s set up three wholly owned sub­sidiaries: Re­liance De­fence Sys­tems Pvt Ltd, Re­liance De­fence Tech­nolo­gies Pvt Ltd, and Re­liance De­fence and Aerospace

MAR. 4, 2015 Anil Am­bani ac­quires Pi­pavav Ship­yard for `2,082 crore

MAR. 28, 2015 Anil Am­ban­iled Re­liance De­fence is in­cor­po­rated

APR. 11, 2015 Prime Min­is­ter Naren­dra Modi signs MoU with Pres­i­dent Fran­cois Hol­lande for the sale of 36 Rafale air­craft in fly­away con­di­tion on terms that would be bet­ter than con­veyed by Das­sault Avi­a­tion as part of a sep­a­rate process un­der way

JUL. 2015 De­fence min­is­ter Manohar Par­rikar an­nounces the 126 MMRCA deal’s scrapped

AUG. 2015 Ma­ha­rash­tra govern­ment al­lots 289 acres in MIHAN SEZ, Nag­pur, to Re­liance Aerostruc­ture

DEC. 2015 Re­liance En­ter­tain­ment in­vests ¤1.6 mil­lion in a movie co-pro­duced by Hol­lande’s part­ner Julie Gayet. Me­di­a­part says the in­vest­ment was made by an in­vest­ment fund of a French­man who has known Anil Am­bani for 25 years

SEPT. 23, 2016

De­fence min­is­ter Manohar Par­rikar inks in­ter­gov­ern­men­tal agree­ment with French de­fence min­is­ter Jean-Yves Le Drian for 36 Rafale jets in New Delhi

AUG. 24, 2016 Cab­i­net Com­mit­tee on Se­cu­rity ap­proves pro­cure­ment of 36 Rafale air­craft via the IGA

OCT. 3, 2016 Anil Am­bani’s RDL and Das­sault Avi­a­tion an­nounce DRAL

JV. Das­sault is to make com­pen­sa­tion in­vest­ments worth 50% of pur­chase value

NOV. 18, 2016 MoS De­fence Sub­hash Bhamre tells the Lok Sabha that In­dia was pay­ing Rs 670 crore per Rafale mi­nus ‘as­so­ci­ated equip­ment, weapons, In­dia-spe­cific en­hance­ments, main­te­nance sup­port and ser­vices’

DEC. 23, 2016 In­dian and France sign con­tract for 36 Rafale fighter jets; air­craft to be de­liv­ered be­tween 2019 and 2022

JAN. 24, 2017 Anil Am­bani’s Re­liance En­ter­tain­ment is­sues press re­lease an­nounc­ing In­doFrench pro­duc­tion nOm­ber One

MAR. 9, 2018 Pres­i­dent Em­manuel Macron ar­rives in New Delhi on 4-day visit. Das­sault sup­plies In­dian del­e­ga­tion with a list of 72 off­set part­ners. Anil Am­bani is one of them

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