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Coast Guard tender for eight choppers to be scrapped

Defence Ministry is planning to scrap a proposal to procure eight medium-lift helicopters for the Coast Guard amid allegations of manipulation by one of the two vendors in the race for the tender.

Chopper deal: ‘You cannot always win’, Italian firm CEO told US delegation

"You cannot always win", Finmeccanica chief Giuseppe Orsi told American Sikorsky in New Delhi, a day ahead of the award of the Rs 3,600 core in February 2010.