Chopper scam: India bans Finmeccannica from bidding future contracts
Chopper scam: India bans Finmeccannica from bidding future contracts

In the backdrop of alleged VVIP chopper deal scam, the Defence Ministry on Tuesday barred scam-tainted Italian defence firm Finmeccannica from participating in future tenders while deciding to carry out ongoing contracts with the group and its subsidiary AgustaWestland, more than a month after putting all deals on hold.

AG cautions govt against blacklisting of Finmeccanica

Attorney General has cautioned the Centre that blacklisting Italian defence firm Finmeccanica and its subsidiaries could affect the operational preparedness of the armed forces.

VVIP chopper deal: MoD to hear AgustaWestland`s plea today

Amid reports of Centre deciding to cancel Rs 3,727-crore deal for 12 VVIP helicopters with Anglo-Italian firm AgustaWestland, the Ministry of Defence (MoD) will on Wednesday hear the Italian chopper maker`s plea on the controversial deal.

Italian defence firm Finnmeccanica boss Orsi resigns

The chairman and chief executive of the Italian defence firm Finnmeccanica has stepped down from his post.

VVIP chopper deal scam: Italy arrests Finmeccanica CEO, India orders CBI probe

Defence Minister AK Antony ordered a CBI probe into the VVIP chopper deal on Tuesday after the arrest of the CEO of Italian defence firm Finmeccanica on charges of bribery in connection with the sale of choppers to India.

Italian defence firm CEO held over India bribe charges

Giuseppe Orsi, the CEO of Finmeccanica has been arrested by the Italian authorities for corruption and embezzlement in connection with a 4,000-crore helicopter deal with the Indian government.