In a significant development, L&T’s foreign partner has introduced new stealth technology on a Spanish Navy submarine, enhancing its underwater endurance to three weeks, a crucial feature for the Indian Navy’s submarine contract. The integration of bio ethanol stealth technology (BEST) on the S 83 submarine is part of a joint bid by Navantia and L&T, competing against Thyssenkrupp Marine Systems (TKMS) and Mazagon Dockyards Ltd (MDL) for the lucrative contract. Despite initial setbacks, Navantia-L&T remains in contention, prompting the establishment of a new technical oversight committee by the defense ministry to assess the selection process and ensure fairness.
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Cristiano Ronaldo signs $700 million deal with Al Nassr
Cristiano Ronaldo has signed a groundbreaking $700 million contract with Saudi Arabian club Al Nassr, which includes extraordinary perks such as private jets, 16 personal staff, and a significant ownership stake in the club. This deal, touted as the largest in sports history, allows Ronaldo to retain more earnings due to Saudi Arabia's lack of income tax, setting a new precedent for athlete compensation. Explain It To Me Like I'm 5: Cristiano Ronaldo's groundbreaking $700...
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