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Tatra Truck Scam
Tatra Truck scam is a scam that came to light in 2012. Tatra is a truck manufacturing company based in the Czech Republic. The allegation is that the Tatra trucks were sold at a very high cost to the Indian army through an unusual route. Following is the flow in which the Tatra deal happened. * Tatra sold trucks first to a Hong Kong-based company called Venus Projects at a 35% discount. The company is the trading arm of Vectra Worldwide. If the deal had been made directly with India, the discount benefits would have been availed by the Indian army. * Further, the trucks were purchased by Tatra Sipox (UK) Ltd from Venus Projects. Tatra Sipox is another subsidiary of Vectra Worldwide. * Tatra Sipox sold the trucks to BEML, a company owned by the government of India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tatra (company)
Tatra is a Czech vehicle manufacturer from Kopřivnice. It is owned by the ''Tatra Trucks'' company, and it is the third oldest company in the world producing cars with an unbroken history. The company was founded in 1850 as ''Ignatz Schustala & Cie'', in 1890 renamed in German ''Nesselsdorfer Wagenbau-Fabriksgesellschaft'' when it became a wagon and carriage manufacturer. In 1897, Tatra produced the first motor car in central Europe, the Präsident automobile. In 1918, it changed its name to ''Kopřivnická vozovka a.s.'', and in 1919 it changed from the Nesselsdorfer marque to the ''Tatra'' badge, named after the nearby Tatra Mountains on the Czechoslovak- Polish border (now on the Polish- Slovak border). During World War II Tatra was instrumental in the production of trucks and tank engines for the German war effort. Production of passenger cars ceased in 1999, but the company still produces a range of primarily all-wheel-drive trucks, from 4×4 to 18×18. The brand is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Czech Republic
The Czech Republic, or simply Czechia, is a landlocked country in Central Europe. Historically known as Bohemia, it is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial State of the Holy Roman Empire in 1002 and became a kingdom in 1198. Following the Battle of Mohács in 1526, the whole Crown of Bohemia was gradually integrated into the Habsburg monarchy. The Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White Mountain, the Habsburgs consolidated their rule. With the dissolution of the Holy Empire in 1806, the Cro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Army
The Indian Army is the land-based branch and the largest component of the Indian Armed Forces. The President of India is the Supreme Commander of the Indian Army, and its professional head is the Chief of Army Staff (COAS), who is a four-star general. Two officers have been conferred with the rank of field marshal, a five-star rank, which is a ceremonial position of great honour. The Indian Army was formed in 1895 alongside the long established presidency armies of the East India Company, which too were absorbed into it in 1903. The princely states had their own armies, which were merged into the national army after independence. The units and regiments of the Indian Army have diverse histories and have participated in several battles and campaigns around the world, earning many battle and theatre honours before and after Independence. The primary mission of the Indian Army is to ensure national security and national unity, to defend the nation from external aggression an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta in South China. With 7.5 million residents of various nationalities in a territory, Hong Kong is one of the most densely populated places in the world. Hong Kong is also a major global financial centre and one of the most developed cities in the world. Hong Kong was established as a colony of the British Empire after the Qing Empire ceded Hong Kong Island from Xin'an County at the end of the First Opium War in 1841 then again in 1842.. The colony expanded to the Kowloon Peninsula in 1860 after the Second Opium War and was further extended when Britain obtained a 99-year lease of the New Territories in 1898... British Hong Kong was occupied by Imperial Japan from 1941 to 1945 during World War II; British administration resumed after th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bharat Earth Movers
BEML Limited, formerly Bharat Earth Movers Limited, is an Indian Public Sector Undertaking, headquartered in Bengaluru, Karnataka, India. It manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining. History BEML incorporated in 11th May 1964, with the help of the Soviet Union. It was wholly owned and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company. BEML is Asia's second-largest manufacturer of earth moving equipment, and it controls 70% of India's market in that sector. Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048". The company went for Follow-on Public offer (FPO) and fixed the price band for its FPO between ₹1,020 and ₹1,090. The Government of India had given 'in-principle' approval for strategic disinvestment of BEML Ltd. to the extent of 26% out of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; China, Nepal, and Bhutan to the north; and Bangladesh and Myanmar to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; its Andaman and Nicobar Islands share a maritime border with Thailand, Myanmar, and Indonesia. Modern humans arrived on the Indian subcontinent from Africa no later than 55,000 years ago., "Y-Chromosome and Mt-DNA data support the colonization of South Asia by modern humans originating in Africa. ... Coalescence dates for most non-European populations average to between 73–55 ka.", "Modern human beings—''Homo sapiens''—originated in Africa. Then, interm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confidence Tricks
A confidence trick is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using their credulity, naïveté, compassion, vanity, confidence, irresponsibility, and greed. Researchers have defined confidence tricks as "a distinctive species of fraudulent conduct ..intending to further voluntary exchanges that are not mutually beneficial", as they "benefit con operators ('con men') at the expense of their victims (the ' marks')". Terminology Synonyms include con, confidence game, confidence scheme, ripoff, scam, and stratagem. The perpetrator of a confidence trick (or "con trick") is often referred to as a confidence (or "con") man, con-artist, or a " grifter". The shell game dates back at least to Ancient Greece. Samuel Thompson (1821–1856) was the original "confidence man". Thompson was a clumsy swindler who asked his victims to express confidence in him by giving him money or their watch rather than gaining their co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
