India News | Press Trust of India | Saturday July 5, 2014
The Enforcement Directorate (ED) today slapped a money laundering case against former IAF chief SP Tyagi and 20 others in the Rs 3,600-crore AgustaWestland VVIP chopper deal to probe alleged kickbacks of Rs. 360 crore.
India News | NDTV.com | Friday July 4, 2014
Goa Governor BV Wanchoo has resigned, hours after he was questioned by the Central Bureau of Investigation today as a witness in connection with alleged irregularities in the purchase of 12 helicopters meant for VVIP use from AgustaWestland, an Anglo-Indian defence manufacturer.
India News | Edited by Devesh Kumar | Friday July 4, 2014
Goa Governor BV Wanchoo is being questioned as a witness by the Central Bureau of Investigation, or the CBI, in connection with the alleged financial irregularities in the purchase of 12 VVIP helicopters from AgustaWestland, an Anglo-Indian defence manufacturer.
Thursday November 14, 2013
The Foreign Investment Promotion Board (FIPB) in its meeting on September 19 had approved the proposal of Indian Rotorcraft, which is a joint venture between Tata Sons (74 per cent) and AugustaWestland (26 per cent).
India News | Reuters | Tuesday August 13, 2013
Indian negotiators set a higher base price for the purchase of helicopters from AgustaWestland and frequently changed the bidding rules, the auditor said on Tuesday, making it harder for the government to complete the 560 million euro deal.
India News | Edited by Shamik Ghosh (with inputs from PTI) | Thursday May 9, 2013
An Italian investigation had disclosed that Anglo-Italian firm AugustaWestland (AW) and Finmeccanica had paid bribes worth nearly Rs 350 crores through a complex web of companies and middlemen to swing a 12-helicopter contract with India.
World News | Associated Press | Sunday May 5, 2013
The former CEO of the Italian defense giant Finmeccanica was freed Saturday from jail pending his trial on corruption charges next month.
India News | Press Trust of India | Monday March 11, 2013
The government has received the first set of official documents from Italy in connection with the VVIP chopper scam including the warrants issued against former Chief Executive Officer (CEO) of Finmeccanica Giuseppe Orsi by authorities there.
India News | Edited by Prasad Sanyal | Thursday February 21, 2013
"We're looking forward to a productive, constructive session of parliament. That's what our country's people expect," the Prime Minister said today, urging the opposition to participate in "responsible dialogue and debate."
India News | Edited by Prasad Sanyal | Monday February 18, 2013
The Italian inquiry into the sale of 12 AgustaWestland (AW) helicopters to New Delhi forced the Indian government to sanction a CBI inquiry, and to warn that the deal is likely to be cancelled.
India News | Written by Sunetra Choudhury, Vishnu Som | Monday February 18, 2013
If you thought the Rs 4000-crore scam for VVIP choppers was astounding, you may find incredulous the methods that defence firm Finmeccanica and middlemen employed to get the Indian contract.
India News | Edited by Prasad Sanyal | Friday February 15, 2013
The BJP today tried to link the alleged corruption in the deal for 12 Italian helicopters to the Gandhi family.
India News | Press Trust of India | Friday February 15, 2013
India today said it had recently sought information from UK about the tainted VVIP chopper deal through a note verbale as well as a meeting with the UK Foreign Office and was not satisfied with the interim response it received.
India News | Agencies | Friday February 15, 2013
The Congress-led government wants to "divert attention from the real issue" by unnecessarily dragging the National Democratic Alliance into the Rs 4000-crore VVIP chopper deal, the Bharatiya Janata Party (BJP) said today.
World News | Associated Press | Friday February 15, 2013
Italian Prime Minister Mario Monti has said that his government would "guarantee the correct governance" of Italian defence and aerospace company Finmeccanica, after its Chief Executive Officer Giuseppe Orsi was arrested on suspicion of corruption.
India News | Nitin Gokhale | Thursday February 14, 2013
For the Indian Air Force, the AugustaWestland controversy could not have come at a more inopportune time. The Air Force plans to induct 300-350 aircraft, including combat jets, transport aircraft and helicopters over the next decade. But the scandal that has erupted around supply of 12 VVIP helicopters is likely to cast a shadow on its plans, at le...