An Italian court has barred India from encashing bank guarantees worth over Rs 2,360 crore of AgustaWestland as part of the penalties imposed on it after scrapping of the Rs 3,600 crore VVIP chopper deal.
The only thing that may salvage Narendra Modi's trip to the US is his meetings with CEOs, such as those of Blackstone, First Solar, Qualcomm, Adobe, and General Atomics, asserts Rajeev Srinivasan.
Internal strife and tribalism is endemic to Afghanistan, notes Colonel Anil A Athale (retd).
It said the election to Patkura assembly seat in Odisha will be held on July 20.
'Daniel Craig was my first choice but he requested if we could allow some time as he was also being considered to be the next James Bond.'
After a strict lockdown impacting sales, India has returned to the growth path again, Anglo-Dutch FMCG major Unilever has said. The return of growth of India business, along with Brazil and continued recovery in China, helped the company's emerging markets clock a growth of 5.3 per cent in the September 2020 quarter.
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
My candidate for the best general of the last century hailed from a little, poor colonised Asian nation whose impact on world affairs rarely amounted to much, notes Shankar Acharya.
At the Battle of Malegaon, Muslim soldiers in the Maratha army defied the British army for a full month when they had no hope of victory as the Chhatrapati and Peshwa had already surrendered.
India on Wednesday cancelled its Rs 3,600 crore deal with Anglo-Italian firm AgustaWestland for the supply of 12 VVIP choppers to the Air Force in view of charges that kickbacks to the tune of Rs 360 crore had been paid in it.
Analysts on average were expecting a profit of Rs 1,043 crore or Rs 10.43 billion, according to Thomson Reuters data.
Like corporations all round the world and of all nationalities, Indian businesses understand the urgent need to acquire global scale and efficiencies to succeed.
Indian conglomerate Tata Group's $12 billion takeover of Anglo-Dutch giant Corus Group Plc reached its culmination with the deal coming into effect from making Tata Steel the world's fifth largest steel firm.
On her 47th birthday on November 1, Sukanya Verma showcases 15 of her most memorable silver screen costumes.
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.
Admissions are open at St Joseph's Boys' Anglo Indian Higher Secondary School.
The Ferrari driver's best time of one minute 16.231 seconds was close to the 2018 Spanish Grand Prix pole time by Lewis Hamilton for Mercedes.
A recent study shows a higher minority representation in assemblies has a correlation with progress for all on key social indicators, says Rupa Subramanya
The PM will pay homage to fallen soldiers at the newly-built National War Memorial in New Delhi on the Republic Day instead of Amar Jawan Jyoti beneath the India Gate arch.
The terror group says lone wolf jihadists should attack white Americans and avoid minorities so that no one mistakes their terror assaults for hate crimes.
Some of the key fighter jet acquisitions over the years and the combat capabilities they possess that made India's airmen a force to reckon with are.
HUL's board approved the royalty of 3.15 per cent of turnover effective from February 2013.
Staring at the prospect of being blacklisted in the wake of the chopper scam, Anglo-Italian firm AgustaWestland has approached the Finance Ministry for release of nearly Rs 2,400 crore which has been put on hold by the defence ministry pending inquiry into the case.
Facing the threat of cancellation of its Rs 3600-crore deal for VVIP choppers, AgustaWestland has asked the government to release its payments saying withholding it was a 'breach of contract'.
At least 12 benchmarks were changed between March and October 2009, including some relating to pilot safety, to reportedly allow PC-7 Mark II, fielded by Swiss company Pilatus, to qualify and win an IAF order worth Rs 3,780 crore for 75 basic trainer aircraft.
In an unprecedented move, defence ministry issues detailed chronology of action on both the background to the decision to buy and what action it took since the first reports of alleged corruption appeared in the media. Ajay Shukla reports
In 1983, he became the vice-president of the SFI (Kerala). He suffered paralysis in his lower body during a violent clash between student unions.
Expanding its probe, the Central Bureau of Investigation has shared crucial documents with the Enforcement Directorate showing money trail of the alleged Rs 362-crore kickback in the VVIP chopper deal with Anglo-Italian firm AgustaWestland.
The defence ministry has got the 'contract' between AgustaWestland and alleged middleman Christian Michel regarding the controversial VVIP helicopter Rs 3600-crore deal with India.
A country that can launch a 229-tonne rocket with seven international satellites into space does not need to import trucks, howitzers or helicopters, says Claude Arpi, who was present at the PSLV launch in Sriharikota on Monday.
Arriving in New Delhi within days of exposure of the Rs 3,600-crore VVIP helicopters scam involving Anglo-Italian firm AgustaWestland, British Prime Minister David Cameron is likely to be pressed for more information in this regard during his meetings with the leadership on Tuesday.
Net sales were 12.48 per cent at Rs 6,367.14 crore.
Defence Minister A K Antony on Monday admitted that "somebody has taken money" in the AgustaWestland chopper deal that is mired by bribery allegations.As the Central Bureau of Investigation probes the bribery allegations into the controversial Rs 3,600 crore deal for the supply of VVIP choppers by the Anglo-Italian firm, Antony vowed that no mercy would be shown to anyone who has taken bribes. It is alleged that the deal involved Rs 362 crore in kickbacks.
Setting aside their political differences, the ruling CPI-M-led Left Democratic Front and Opposition Congress headed United Democratic Front, once again came together to launch a joint fight against the Centre on the CAA, which has seen unprecedented protests all over the country.
Defence Ministry A K Antony has asked AgustaWestland to explain within one week its linkages with software companies allegedly used as a cover for paying kickbacks in the VVIP chopper deal.
British Prime Minister David Cameron arrived in Mumbai on Monday morning on a three-day India visit during which will he meet captains of industry and hold talks with top leaders, who are likely to seek more information on the VVIP helicopters scam involving an Anglo-Italian firm.
The Ministry of Defence has ordered a Central Bureau of Investigation probe into the allegations that kickbacks were paid to Indian middlemen in the Rs 3,700-crore deal to buy 12 high-security VVIP helicopters from Anglo-Italian company, AgustaWestland.
India is crucial for Nokia's attempt to hold on to global market share.
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