News for 'Finmeccannica'

Chopper scam: Italy shelves case against Finmeccannica

Chopper scam: Italy shelves case against Finmeccannica

Rediff.com30 Jul 2014

Italian prosecutors have "shelved" proceedings against defence major Finmeccannica, the parent firm of AgustaWestland, saying it had nothing to do with the alleged corruption in India's Rs 3,600-crore deal to procure 12 VVIP helicopters, Italian news agency Ansa reported.

India bans Finmeccannica from future contracts but allows ongoing ones

India bans Finmeccannica from future contracts but allows ongoing ones

Rediff.com26 Aug 2014

India on Tuesday barred scam-tainted Italian defence firm Finmeccannica from participating in future tenders while deciding to carry out ongoing contracts with the group and its subsidiary AgustaWestland, more than a month after putting all deals on hold.

Chopper scam: Antony awaits chopper trial report from Italy

Chopper scam: Antony awaits chopper trial report from Italy

Rediff.com30 Jul 2013

Government is awaiting a report from its embassy and team in Italy to get a final picture on whether Defence Minister A K Antony has been listed as a witness in the VVIP chopper scam trial by a court there.

Chopper deal: Antony will not depose in Italian court

Chopper deal: Antony will not depose in Italian court

Rediff.com30 Jul 2013

Taken by surprise by the decision of an Italian judge to include Defence Minister A K Antony as a possible witness in a trial relating to corruption in the Rs 3,600 crore AgustaWestland chopper deal, India on Monday night ruled out his appearance in the court.

Defence ministry scraps Rs 6,000-cr tender for light choppers

Defence ministry scraps Rs 6,000-cr tender for light choppers

Rediff.com29 Aug 2014

The defence ministry on Friday scrapped a scam-tainted tender worth over Rs 6,000 crore to procure 197 light helicopters from foreign vendors and decided to allow indigenous players to manufacture these choppers for the armed forces.