Govt Updates List Of Debarred, Suspended From Doing Business

The six debarred firms are Singapore Technologies Kinetics Ltd (STK), Israel Military Industries Ltd. (IMI), T.S. Kisan & Co. Pvt. Ltd., New Delhi, R. K. Machine Tools Ltd., Ludhiana, Rheinmetall Air Defence (RAD), Zurich and Corporation Defence, Russia.

Govt Updates List Of Debarred, Suspended From Doing Business

The Defence Ministry has put out an updated list of companies debarred, put on hold or suspended from doing business with the MoD.

According to an order by the Vigilance Department of Ministry of Defence, this is in accordance with MoD Guidelines for penalties in Business Dealings.