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Artillery Guns Deal
Colombian President Gustavo Petro said Tuesday that hundreds of thousands of pieces of ammunition have gone missing from two military bases in the South American country. In a brief statement, Petro said that an inspection this month by the army found that hundreds of thousands of bullets, thousands of grenades and 37 anti-tank missiles were stolen from a military base in the centre of the country and another near the Caribbean coast. Petro, the country's first left-wing president, said the ammunition might have ended up in the hands of Colombian rebel groups, or may have been sold illegally to criminal groups overseas, including Haitian gangs. The only way to explain these missing items is that there are networks made up of people within the armed forces who are involved in the illegal arms trade, Petro said. Petro said that inspections of military bases would continue in order to separate the armed forces from any type of criminal organisation. The investigation comes as Colombi
Has India's insolvency process matured? Has India finally buried the Bofors ghost? Is it time to raise high-beta bets in your portfolio? How's game of skill different from game of chance? Answers here
India is turning the corner in defence equipment manufacturing. PM Modi recently said India's defence exports have shot up eight times since 2014. So have we finally laid the ghost of Bofors to rest?