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Choppergate fallout: Govt cancels all defence tenders bagged by Finmeccanica

Choppergate fallout: Govt cancels all defence tenders bagged by Finmeccanica

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.

 Foreign defence vendors' contracts to be cut in 2 years: Manohar Parrikar

Foreign defence vendors' contracts to be cut in 2 years: Manohar Parrikar

Government plans to reduce contracts with foreign defence equipment vendors to 30 per cent of the total procurement over the next two years, Defence Minister Manohar Parrikar said on Friday.

Govt comes out new offset policy in defence deals

The new policy provides greater flexibility to the vendors in offset contracts and aims at ensuring level playing field to Indian vendors in capital acquisitions.

US Defence Secretary to visit in June to ink defence agreement

The new US Defence Secretary Ashton Carter will be visiting India in June and will sign the enhanced Defence Framework Agreement for the next ten years between the two countries.

PM Modi's France tour: Breakthrough in Rafale deal expected?

Prime Minister Narendra Modi is expected to reach a breakthrough on a long-delayed deal to buy Rafale fighter jets from France in talks with the French president.

India, US defence officials to draw roadmap for collaboration

Top Indian and US defence officials will meet in New Delhi this week to draw a roadmap to fast track the implementation of four projects identified for co-development and co-production and formation of a joint working group on aircraft carriers.

Govt mulling to legalise arms representatives: Manohar Parrikar

Govt mulling to legalise arms representatives: Manohar Parrikar

Defence Minister Manohar Parrikar today said the government is planning to legalise representatives of various foreign arms companies in the country, for speedy purchase of military hardware.

CII wants Manohar Parrikar to acquire defence land in Goa

The Confederation of Indian Industries (CII) in Goa wants Defence Minister Manohar Parrikar to look at acquiring land from defence and armed forces in the state, so that it can be used for "effective and progressive" use.

US keen on strong military ties with India: Army Chief

 America is keen to sustain and strengthen its military relationship with India, US Army Chief said today ahead of the Modi-Obama Summit at the White House later this month.

On PM Modi's first bilateral visit to Japan deals in defence, civil nuclear likely

On his first bilateral visit outside the subcontinent, Prime Minister Narendra Modi will have an "extremely substantive" agenda when he travels to Japan this weekend amid "great expectations" of the strategic and global partnership being taken to a new level.

India puts on hold defence deals with Finmeccannica

In the wake of alleged chopper scam, India has put on hold all procurements from Italian defence group Finmeccannica and its affiliate companies, a move that will hit hard acquisitions for the armed forces as it is taking part in projects worth over Rs 30,000 crore.

Eyes on defence deals, Western powers court Modi

Western governments are rushing to visit Prime Minister Narendra Modi, drawn by the prospect of multi-billion-dollar deals as the Indian government prepares to open the nascent defence industry to foreign investment.

Defence deals worth billions: What India will buy

India is looking to strengthen its military with upcoming defence deals with the US. The four major deals are said to be worth almost around $5 billion.

India-France security, defence talks tomorrow

India and France are expected to discuss the security situation in the Afghanistan-Pakistan region along with the ongoing defence deals expected to be worth over Rs 80,000 crore between the two countries.

China slams Japan for attempting to turn India against it

Piqued over Japan`s warm ties with India, an influential Chinese daily today said New Delhi`s wisdom lies in dealing with its disputes with Beijing calmly undisturbed by "internal and international provocateurs".

$533 mn misspent on Russia defence deals: Watchdog

About 1,500 violations and infractions have been uncovered in Russia`s state defence spending in 2012 involving over RUB 16 billion.

CCS discusses defence deals to be inked during Putin visit

India is expected to sign defence deals worth over USD four billion for procuring additional 42 Su-30MKI combat jets and 59 Mi-17V5 choppers during the visit of Russian President Vladimir Putin on Monday.

Chopper deal: Brigadier under scanner for USD 5 mn bribe demand

A Brigadier is under the scanner for allegedly demanding bribe of USD five million from an Italian company in a helicopter deal.

Two defence deals during Gen VK Singh`s tenure under scanner

Two defence procurement processes initiated during the tenure of former Army Chief Gen VK Singh are under the scanner following allegations of irregularities.

‘Was offered bribe when my father was PM’

Kumaraswamy said that he was offered he was offered a bribe – as kickbacks - to get defence deals cleared when his father HD Deve Gowda was the prime minister.