INDIA: NAVAL TENDER STALLED AMID ALLEGATIONS OF FAVOURITISM OVER IP

In the latest controversy in India surrounding industrial participation, a Rs. 20,000 crore ($2.92bn) tender for ships for the Indian Navy has been disrupted by allegations of favouritism. Reliance Naval and Engineering Ltd. (RNEL) has filed a complaint alleging that Larsen and Toubro (L&T) is unfairly staking a claim to...

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