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Lanka probes graft in USD 2.3 bn aircraft deal

 The Sri Lankan government today ordered an investigation into a USD 2.3 billion aircraft deal after allegations of corruption and impropriety against former top officials of the country's national carrier, including ex-president Mahinda Rajapaksa's brother-in-law.

Asia's richest man Li Ka-shing buys 60 aircraft in $2.5 billion deals

A property flagship led by Asia's richest tycoon Li Ka-shing said on Wednesday it plans to buy up to 60 passenger jets in a series of transactions that amount to more than $2.5 billion.

Russia threatens end of USD 3.4 bn Canadian aircraft deal

Moscow is considering ending its USD 3.4 billion contract with Canadian manufacturer Bombardier to build Q400 planes and the construction of an assembly factory in Russia.

Differences crop up in fighter aircraft deal

Serious differences have cropped up in the contract negotiations between the Defence Ministry and French firm Dassault Aviation selected for the 126 fighter aircraft deal.

CBI seeks documents on aircraft deal from BSF

CBI has sought documents from the BSF and the Defence Ministry regarding alleged irregularities in the procurement process of two aircraft.

HC reserves order on PIL into AI aircraft deal

The Delhi HC on Wednesday
reserved its judgement on a PIL seeking a direction to the CVC to inquire into alleged purchase order of 111 aircrafts.

HC notice to Centre for CVC inquiry in AI aircraft

The Delhi High Court on Wednesday sought
response from the Centre on an NGO`s plea seeking a direction to the CVC to inquire into purchase orders of 111 aircraft costing a whopping Rs 67,000
crore to Air India.

IAF to finalise multi-billion dollar aircraft deal

The Indian Air Force is
in the "last lap" of finalising its multi-billion dollar
combat aircraft deal for which commercial bids of two
shortlisted vendors would be opened by October 18.

Euro firms submit offset bids for aircraft deal

In the M-MRCA competition, companies have to invest 50
per cent of the worth of the deal into the Indian defence
sector only.

India signs deal with US to buy 10 C-17 aircraft

US defence major will invest 30% of the contract amount for setting up defence
facilities in India.

Discrepancies found in BSF`s aircraft deal

In a setback to the BSF`s plans to acquire transport aircraft, certain alleged discrepancies have come to light in some technical specification papers forcing the Home Ministry and Indian Air Force to order an enquiry.