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Arun Jaitley to review AgustaWestland chopper scam case

Last Updated: Monday, June 02, 2014, 21:11

Defence Minister Arun Jaitley will review the Rs 3,600 crore AgustaWestland chopper deal with the ministry preparing a presentation for him on the procurement which was scrapped after allegations of bribery and payment of kickbacks.

Tata says committed to AgustaWestland deal despite scandal

Last Updated: Friday, May 30, 2014, 00:57

Businessman Ratan Tata said on Thursday that his group remains committed to its partnership with AgustaWestland in spite of a corruption scandal that has engulfed the helicopter business of Italian group Finmeccanica.

Qatar nears exclusive talks on buying Rafale fighter: Report

Last Updated: Thursday, May 29, 2014, 04:14

Qatar could firm up its interest in buying French Rafale fighter planes when its new Emir, Sheikh Tamim Ben Hamad Al Thani visits Paris on June 23, the La Tribune financial website reported Wednesday.

Setback for India as Italian court revokes guarantee freeze in Finmeccanica case

Last Updated: Saturday, May 24, 2014, 01:02

Finmeccanica said on Friday an Italian court had revoked a freeze on up to 228 million euros ($311 million) of bank guarantees that India was seeking to recover in a dispute with the Italian defence group over a scrapped helicopter deal.

SG advises against immediate steps to blacklist AgustaWestland

Last Updated: Monday, May 05, 2014, 23:14

The government`s move to blacklist Anglo-Italian firm AgustaWestland in the wake of bribery allegations in VVIP helicopter deal is set to be delayed with Solicitor General Mohan Parasaran advising against any immediate action.

VVIP chopper deal: CBI Director meets Indian envoy in Italy

Last Updated: Friday, April 18, 2014, 18:48

CBI Director Ranjeet Sinha has met Indian envoy in Italy in connection with its probe into alleged irregularities in Rs 3,600 AgustaWestland helicopter deal.

Italian police arrest two people over slush funds

Last Updated: Tuesday, March 25, 2014, 03:25

Italian police arrested two former officials of the government-controlled Finmeccanica, Italy`s biggest defence and aerospace group, in an investigation into allegations of bribery and corruption.

India to appeal against Italian court order in chopper scam

Last Updated: Tuesday, March 18, 2014, 10:34

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.

Italy judge rejects India bid to recover AgustaWestland guarantees

Last Updated: Tuesday, March 18, 2014, 08:16

An Italian judge has rejected a request by India to recover more than EUR 278 million in bank guarantees backing a scrapped helicopter deal with Finmeccanica, the Italian defence group said.

Ex-IAF chief Fali Major was hosted by Finmeccanica: Reports

Last Updated: Friday, February 07, 2014, 16:47

In a fresh development in the scam-tainted VVIP chopper deal, lawyers of AgustaWestland have reportedly told an Italian court that its parent company Finmeccanica had hosted the then IAF chief F H Major in 2007, a period when the bidders were being shortlisted.

DefExpo: AgustaWestland, Finmeccanica bookings cancelled

Last Updated: Tuesday, February 04, 2014, 14:19

The Defence Ministry has cancelled bookings of AgustaWestland and its parent company Finmeccanica from a military exhibition as the two companies were "under investigation" in the now-cancelled Rs 3,600 crore deal to supply choppers for VVIP use, a senior official said Tuesday.

Def Min to keep out Finmeccanica group from military show

Last Updated: Friday, January 24, 2014, 20:22

After scrapping the Rs 3,600 crore chopper contract, Defence Ministry today said it is ousting AgustaWestland`s parent company Finmeccannica from the biennial military exhibition DefExpo starting February 6.