India News | Written by Sudhi Ranjan Sen | Wednesday February 25, 2015
French Defence Minister Jean-Yves Le Drain and his Indian counterpart Manohar Parrikar appear to have sorted out one of the key issues holding up the estimated $15 billion deal to buy 126 Rafale fighter jets for the Indian Air Force. A final decision...
India News | Reuters | Thursday January 15, 2015
A French delegation will visit Delhi this month to try to salvage an agreement to supply 126 Rafale fighter jets to the Indian Air Force. One of the world's biggest defence deals has hit a snag over the local assembly of the planes.
India News | Agencies | Tuesday December 2, 2014
The French and Indian defence ministers agreed to press ahead with negotiations on the sale of 126 Rafale fighter jets to India, both sides said on Tuesday, after slow progress cast doubt on the estimated $12 billion or about Rs 74,400-crore deal.
India News | Reuters | Tuesday December 2, 2014
The French and Indian defence ministers agreed on Monday to overcome any differences and finalise the sale of 126 fighter jets to India in a deal worth an estimated $15 billion, the Indian defence ministry said.
India News | Sudhi Ranjan Sen (With inputs from agencies) | Tuesday November 18, 2014
India will opt out of an agreement to buy small warships from Korea - mine-sweepers - because a middleman was allegedly involved in the contract which was signed three years ago. Indian laws forbid the payment of commissions and use of agents for def...
India News | Written by Sudhi Ranjan Sen | Sunday October 26, 2014
The Defence Acquisition Council of India on Saturday cleared defence deals worth Rs 80,000 crore. The deal includes the acquisition of six conventional submarines to augment the aging and depleted submarine fleet and two midget submarines -- also kno...
India News | Nitin Gokhale | Friday October 10, 2014
A court in Italy on Thursday ruled that no kickbacks were paid in a deal for 12 helicopters for use by top Indian political leaders. It also found that there is no evidence to suggest former Indian Air Force chief SP Tyagi had accepted bribes to help...
Cheat Sheet | Reported by Rahul Joglekar, Edited by Abhinav Bhatt | Thursday October 9, 2014
A court in Italy has ruled that no kickbacks were paid in a deal for 12 helicopters for use by top Indian political leaders. It also found that there is no evidence to suggest former Indian Air Force chief SP Tyagi had accepted bribes to help AgustaW...
India News | Press Trust of India | Sunday August 3, 2014
An Indo-French proposed joint venture expected to be worth around Rs 30,000 crore to develop short range air defence missiles seems to have run into rough weather as the Indian Air Force feels that its requirements could be met by indigenous Akash su...
India News | Written by Nitin Gokhale | Sunday June 29, 2014
The Indian Air Force or IAF may lose its traditional conventional edge against Pakistan if the contract to buy 126 Rafale medium multi-role combat aircraft or MMRCA is not clinched immediately, senior IAF officials told Defence Minister Arun Jaitley ...
Cheat Sheet | Agencies | Tuesday March 18, 2014
India has received a major setback in its attempt to cover itself financially after it cancelled a 12-helicopter deal with Italian defence giant Finmeccanica. The deal was cancelled in January over allegations of bribery and kickbacks.
India News | Press Trust of India | Monday March 10, 2014
British firm Rolls Royce has written to the state-owned Hindustan Aeronautics Limited (HAL) that it was ready to return to the government Rs 18 crore that it paid as commission to its agent.
India News | Reuters | Thursday February 6, 2014
India's military has postponed until the next financial year a plan to buy 126 fighter planes from France's Dassault Aviation, the defence minister said on Thursday.
India News | Press Trust of India | Saturday January 4, 2014
In an off-shoot of VVIP helicopter deal scam, CBI today registered a case against a Brigadier working with Army Aviation for allegedly fudging trial flight records of the helicopters.
India News | Indo-Asian News Service | Wednesday November 27, 2013
AgustaWestland has submitted its reply to the Indian Defence Ministry's final show cause notice in the VVIP chopper deal and the Ministry is expected to take a final decision on the contract soon, said informed sources.
India News | Press Trust of India | Friday November 15, 2013
Defence Minister AK Antony will arrive in Severodvinsk in north Russia tonight for the commissioning of aircraft carrier INS Vikramaditya tomorrow at Sevmash Shipyard, Russia's nuclear submarine building centre.
India News | Written by Sandeep Phukan | Wednesday October 9, 2013
Top UPA ministers are battling it out over a Rs 13,000 crore aircraft deal. Heavy Industries Minister Praful Patel has written a strongly-worded letter to Defence Minister AK Antony, complaining about the Indian Air Force's decision to not allow pub...
India News | Reuters | Monday July 29, 2013
Defence Minister AK Antony, together with a former UK Defence Minister and ex-chairman of Tata Group Ratan Tata, have been lined up as witnesses in a trial of former bosses of Italy's Finmeccanica over corruption in a helicopter deal with India.
India News | Nitin A Gokhale | Tuesday June 4, 2013
Indian Defence Ministry is likely to be forced into taking a position on the status of Rs 4,000-crore VVIP helicopter contract with Italian defence giant AgustaWestland.
India News | Agence France-Presse | Saturday June 1, 2013
India's military, one of the world's largest weapons buyers, unveiled a new arms acquisition policy on Saturday, aimed at weeding out corruption in the defence sector.
India News | Edited by Prasad Sanyal | Friday April 12, 2013
Earlier this month, in a rather unusual move, the Indian Air Force (IAF) strongly refuted a report that it was working on a Plan B should its negotiations fail to buy 126 combat jets from Dassault Aviation.
India News | Reported by Sudhi Ranjan Sen; edited by Mala Das (with inputs from Reuters) | Tuesday April 2, 2013
The government today deferred a decision on a deal to buy 197 light-utility helicopters pending completion of an investigation into kickback allegations, the latest setback to efforts to upgrade the country's ageing arsenal. The decision was taken at...
India News | Nitin Gokhale | Tuesday February 19, 2013
Following allegations of corruption in the AgustaWestland (AW) helicopter deal, plans for modernization of India's defence forces are in jeopardy.
World News | Press Trust of India | Sunday February 17, 2013
British Prime Minister David Cameron will attempt to "steal" a six billion pound Indian defence contract from under the nose of French President Francois Hollande when he visits New Delhi this week, according to a media report.