Dec 17, 2016 at 09:34 | Source: PTI
Italy's highest court has suspended a sentence handed earlier this year to the former boss of aerospace and defence group Finmeccanica, Giuseppe Orsi, for false accounting and corruption in connection with the sale of 12 luxury helicopters to India, Italian media reported.
Jun 01, 2016 at 12:45 | Source: NEWS18.com
Terming India as an "interesting market" for it, the company hoped that "an agreed and transparent solution" was found as soon as possible, in order to shed light on current initiatives and future business opportunities.
May 31, 2016 at 09:19 | Source: Reuters
Former executives of the state-controlled conglomerate were found guilty last month after being tried in Italy on corruption charges relating to a 560 million euro (USD624 million) contract in 2010 to supply a dozen helicopters to the Indian government.
May 29, 2016 at 17:14 | Source: PTI
The government has decided to cancel all ongoing tenders for defence equipment won by Italy's Finmeccanica as a precursor to blacklisting of the firm which is being investigated for bribery in the AgustaWestland VVIP chopper deal.
May 05, 2016 at 22:14 | Source: PTI
After CBI quizzed him for three days, former Air Force chief S P Tyagi was today subjected toa marathon 10-hour questioning by the ED in connection with the controversial Rs 3,600 crore AgustaWestland chopper deal.
Apr 30, 2016 at 14:50 | Source: PTI
Jaitley disputed the statement of former Defence Minister A K Antony that the UPA regime had blacklisted AugustaWestland Finmeccanica after the bribe issue come out on the chopper deal.
Apr 29, 2016 at 10:56 | Source: PTI
The BJP MP said today that he will also seek breach of privilege proceedings against Leader of the Opposition Ghulam Nabi Azad for "falsely" saying that the UPA government had blacklisted Finmeccanica, the manufacturer of AgustaWestland choppers.
Apr 27, 2016 at 19:56 | Source: PTI
AgustaWestland was not blacklisted during the UPA rule, top Modi government sources claimed today, asserting it was the NDA dispensation which had put on hold all acquisition proposals with the VVIP chopper scam-tainted firm.
May 28, 2015 at 08:22 | Source: Reuters
Germany's defence minister held out the prospect of more talks on a possible sale of Eurofighter jets to India and, on a visit to New Delhi, said on Wednesday Berlin stood ready to back a multi-billion-dollar Indian submarine project.