News for hackers. Stuff that matters.
Re:Facebook Takes $5.7B Stake in India’s Jio by ra7 on Wednesday April 22, 2020 @01:09AM (#22942415)
All the petitions regarding wrongdoings in the deal were dismissed by the Supreme Court. The reason cited was that it was not the government who was responsible to choose an Indian partner for the “offset clause” of the deal, it was Dassault who entered into a JV with Anil Ambani’s company.
Re:Facebook Takes $5.7B Stake in India’s Jio by _nedR on Wednesday April 22, 2020 @10:55AM (#22946181)
>The reason cited was that it was not the government who was responsible to choose an Indian partner for the “offset clause” of the deal, it was Dassault who entered into a JV with Anil Ambani’s company.

Because the Indian govt. forced Dassault to deal with Ambani. We know this because the French President literally said so.

“We did not have a say in this,” Mediapart quoted Mr Hollande saying. “It was the Indian government that proposed this service group, and Dassault negotiated with Ambani. We did not have a choice. We took the interlocutor that was given to us.”

https://m.economictimes.com/news/politics-and-nation/india-p...

https://www.ft.com/content/4e95c46c-bdb6-11e8-94b2-17176fbf9...