India News | Press Trust of India | Tuesday March 18, 2014
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.
India News | Reported by Sudhi Ranjan Sen | Tuesday February 19, 2013
With parliament scheduled to meet in two days, the government is prepping for accusations from the opposition of allowing a helicopter scam to unfold on its watch.
India News | Edited by Prasad Sanyal | Tuesday February 19, 2013
Defence Minister AK Antony said today that details of the CBI investigation commissioned last week into the 4000-crore deal for Italian helicopters will be shared with parliament.
India News | Edited by Prasad Sanyal | Friday February 15, 2013
Former Air Force chief SP Tyagi has denied that he accepted kickbacks in return for helping Italian defence giant Finmeccanica land a 4,000-crore deal from India for 12 VVIP helicopters. But an alleged middleman for helicopter manufacturer AgustaWestland, a subsidiary of Finmecannica, has said that he met Air Chief Marshal(retired) Tyagi six or ...