Khemkas key to deciding between HAL & Reliance in chopper contract

  • Article

Name

Khemkas key to deciding between HAL & Reliance in chopper contract

Description

Nand Khemka and his son, Shiv Khemka will be key arbiters in the billion-dollar decision on whether Russian Helicopters would partner Hindustan Aeronautics Ltd (HAL), or Anil Ambani's Reliance Group, in building 197 Kamov-226T reconnaissance and observation helicopters in India.

Types

Article

Authors

Ajai Shukla

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Claims from

Nand Khemka, whose Sun Group has done successful business in Russia for decades, is close to Moscow’s power centres including President Vladimir Putin.
Nand Khemka is a member of the Russian prime minister’s “Foreign Investment Advisory Council”.
Shiv Khemka, is on the board of Russian Helicopters

Cover

Publish date

08

Month
/

31

Day
/

2015

Year

12

:

00

am

Publisher

Business Standard

Topics

Forbes takeover attempts

Web URL

https://www.business-standard.com/article/companies/khemkas-key-to-deciding-between-hal-reliance-in-chopper-contract-115082900025_1.html

Referenced by

SUN Group

News

Stakeholder
Holding company

Shiv Khemka, is on the board of Russian Helicopters

News

Claim

Nand Khemka is a member of the Russian prime minister’s “Foreign Investment Advisory Council”.

News

Claim