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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, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), ... [...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 a.s. company, and it is the third oldest company in the world producing motor vehicles with an unbroken history. The company was founded in 1850 as ''Ignatz Schustala & Cie''. In 1890 the company became a joint-stock company and was renamed the ''Nesselsdorfer Wagenbau-Fabriksgesellschaft''. In 1897, the ''Nesselsdorfer Wagenbau-Fabriksgesellschaft'' produced the Präsident, which was the first factory-produced automobile with a petrol engine to be made in Central and Eastern Europe. The First Truck was made a year later, in 1898. In 1918, the company was renamed ''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). In the interwar period, Tatra came to international prominence with its line of affordable cars based on ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Czech Republic
The Czech Republic, also known as Czechia, and historically known as Bohemia, is a landlocked country in Central Europe. The country 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 Humid continental climate, 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 Estate of the Holy Roman Empire in 1002 and became Kingdom of Bohemia, a kingdom in 1198. Following the Battle of Mohács in 1526, all of the Lands of the Bohemian Crown were gradually integrated into the Habsburg monarchy. Nearly a hundred years later, the Protestantism, Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Indian Army
The Indian Army (IA) (ISO 15919, ISO: ) is the Land warfare, land-based branch and largest component of the Indian Armed Forces. The President of India is the Commander-in-Chief, Supreme Commander of the Indian Army, and its professional head is the Chief of the Army Staff (India), Chief of the Army Staff (COAS). The British Indian Army, Indian Army was established on 1 April 1895 alongside the long established presidency armies of the East India Company, which too were absorbed into it in 1903. Some princely states maintained their own armies which formed the Imperial Service Troops which, along with the Indian Army formed the land component of the Armed Forces of the Crown of India, responsible for the defence of the Indian Empire. The Imperial Service Troops were merged into the Indian Army after Independence of India, independence. The units and regiments of the Indian Army have diverse histories and have participated in several battles and campaigns around the world, earnin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hong Kong
Hong Kong)., Legally Hong Kong, China in international treaties and organizations. is a special administrative region of China. With 7.5 million residents in a territory, Hong Kong is the fourth most densely populated region in the world. Hong Kong was established as a colony of the British Empire after the Qing dynasty ceded Hong Kong Island in 1841–1842 as a consequence of losing the First Opium War. The colony expanded to the Kowloon Peninsula in 1860 and was further extended when the United Kingdom obtained a 99-year lease of the New Territories in 1898. Hong Kong was occupied by Japan from 1941 to 1945 during World War II. The territory was handed over from the United Kingdom to China in 1997. Hong Kong maintains separate governing and economic systems from that of mainland China under the principle of one country, two systems. Originally a sparsely populated area of farming and fishing villages,. the territory is now one of the world's most signific ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bharat Earth Movers
BEML Limited, formerly Bharat Earth Movers Limited, is an Indian public sector undertaking which manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining. It is headquartered in Bangalore. BEML is Asia's second-largest manufacturer of earth moving equipment. Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048". History Bharat Earth Movers Limited was incorporated on 11 May 1964 with the help of the Soviet Union. BEML was wholly owned by the government and operated by India's Ministry of Defence until 1992, when the government divested 25% of its holdings in the company. The company went for Follow-on Public offer (FPO) in July 2007 and fixed the price band for its FPO between ₹1,020 and ₹1,090. On 5 October, the company changed its name to BEML Ltd. In December 2019, the Government of India had given 'in-principle' approval for strategic d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since 2023; and, since its independence in 1947, the world's most populous democracy. 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 near 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 averag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Confidence Tricks
A scam, or a confidence trick, is an attempt to defraud a person or group after first gaining their trust. Confidence tricks exploit victims using a combination of the victim's credulity, naivety, 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 Other terms for "scam" include confidence trick, con, con game, confidence game, confidence scheme, ripoff, stratagem, finesse, grift, hustle, bunko, bunco, swindle, flimflam, gaffle, and bamboozle. The perpetrator is often referred to as a scammer, confidence man, con man, con artist, grifter, hustler, or swindler. The intended victims are known as marks, suckers, stooges, mugs, rubes, or gulls (from the word ''gullible''). When accomplices are e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
