Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
India finalises request letter for 114 Rafales, to send it to France soon
Financial Express Bengaluru
|May 25, 2026
INDIA HAS FINALISED the Letter of Request (LoR) for the procurement of 114 Rafale fighter jets for the Indian Air Force (IAF) and is expected to send it to France “very soon”, within the “next few weeks”, it has been learnt.
Around 90 jets from this set of 114 are to be manufactured in India through a collaboration between the French manufacturer Dassault Aviation and an Indian company, while the rest will arrive in fly-away condition.
Senior officials said that soon after France responds, India will formalise the Request for Proposal (RFP) for acquisition.
A LoR is a formal government-to-government document used to initiate procurement, such as under the Foreign Military Sales (FMS) or Intergovernmental Agreement (IGA) route, outlining the capabilities, quantities and technical requirements needed.
Dit verhaal komt uit de May 25, 2026-editie van Financial Express Bengaluru.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Bengaluru
Financial Express Bengaluru
Coal flexibility drive runs into rising costs as power demand surges
INDIA'S PUSH TO make coal-fired power plants operate flexibly to balance rising renewable energy generation is running into mounting cost, technical, and operational hurdles.
3 mins
May 25, 2026
Financial Express Bengaluru
Q4: LIC profit highest in financial sector
STATE-OWNED LIFE INSURANCE Corporation of India (LIC) has emerged as the highest profit-making firm in the financial sector in the March quarter, netting a little over ₹23,400 crore.
1 min
May 25, 2026
Financial Express Bengaluru
India finalises request letter for 114 Rafales, to send it to France soon
INDIA HAS FINALISED the Letter of Request (LoR) for the procurement of 114 Rafale fighter jets for the Indian Air Force (IAF) and is expected to send it to France “very soon”, within the “next few weeks”, it has been learnt.
2 mins
May 25, 2026
Financial Express Bengaluru
April fuel demand declines 4.6%; LNG imports dip 29.6%
INDIA'S PETROLEUM PRODUCT consumption declined 4.6% year-on-year (y-o-y) in April 2026, while natural gas consumption fell sharply and LNG imports plunged nearly 30%, signalling growing stress in the country’s energy demand amid elevated global fuel prices and disruptions linked to the West Asia crisis.
1 min
May 25, 2026
Financial Express Bengaluru
OpenAI tunes image models for India
INDIA IS EMERGING as a key market influencing how OpenAI develops its latest image generation models, with the company’s ChatGPT Images 2.0 now capable of creating everything from Manga-style Hindi comics to more realistic depictions of crowded Indian streets.
1 min
May 25, 2026
Financial Express Bengaluru
Crop yields seen hit as heatwave spell persists
AN UNUSUAL SPIKE in temperature in many parts of the country has raised the spectre of severe crop damages and reduced food grain and horticulture output, with the consequent fall in gross value added in agriculture.
2 mins
May 25, 2026
Financial Express Bengaluru
President to confer 66 Padma awards today
PRESIDENT DROUPADI MURMU will present 66 Padma awards at the first civil investiture ceremony for 2026 to be held in the Ganatantra Mandap of the Rashtrapati Bhavan on Monday.
1 min
May 25, 2026
Financial Express Bengaluru
Mirror, mirror on the wall
HERE’S HOW TECH-POWERED SPEED IS REDEFINING LOYALTY IN THE $23-BILLION BEAUTY AND PERSONAL CARE MARKET
3 mins
May 25, 2026
Financial Express Bengaluru
IndiQube targets tier-1 micro mkts
BENGALURU-BASED FLEX-SPACE PROVIDER IndiQube is betting on deeper penetration in high-demand tier-1 micro markets, from where it expects nearly 80% of its growth, even as a supply crunch in these clusters limits expansion opportunities for workspace operators.
1 min
May 25, 2026
Financial Express Bengaluru
Will your degree survive AI layoffs?
TECH LEADER NIKHIL BARSHIKAR OUTLINES NEW RULES OF CAMPUS EMPLOYABILITY
2 mins
May 25, 2026
Listen
Translate
Change font size