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FINMECCANICA GROUP
What is the 'secret deal' between Modi Govt and Finmeccanica, asks CongressIndia had put on hold the dealings with the company in 2013-14 during the tenure of the UPA government when European agencies arrested indi...- We have alternative for Finmeccanica's torpedos: Manohar ParrikarIn Finmeccanica's case, the price bid was not opened, and because of keeping the acquisition on hold the whole process had to be stopped, P...
- VVIP chopper scam: After torpedoes, other Finmeccanica deals to be junkedThe first victim of this was the long-pending Rs 1,200 crore proposal to buy 'Black Shark' heavy-weight torpedoes from a Finmeccanica subsi...
- Law Ministry opinion to be sought over purchase of torpedoes from Finmeccanica: Manohar ParrikarParrikar said that WASS Italy had emerged as a successful bidder in the procurement for heavy weight torpedoes for Project75 submarines.
- Finmeccanica on the verge of being blacklisted; defence ministry expedites actionThe Italian group has several military systems in place here. The govt has clarified that the group’s ongoing projects will not be affected...
- Finmeccanica's ex-boss Giuseppe Orsi jailed for graft in Indian chopper dealThe court found him guilty of corruption in relation to sale of 12 choppers to Indian government & sentenced Orsi to jail term of four-and-...
- No tender issued to buy VVIP choppers: Manohar ParrikarIn a written reply in the Rajya Sabha, Defence Minister Manohar Parrikar said "no tender has been issued to purchase VVIP choppers.
- Choppergate: Ex-Finmeccanica boss Giuseppe Orsi found guilty of false invoicesThe trial revolves around a 560-million euro contract awarded to Finmeccanica's helicopter unit in 2010 to supply 12 helicopters to the gov...
- India imposes partial ban on fresh arms contracts with Finmeccanica but allows ongoing onesMoD also said cases in which a Finmeccanica is a subcontractor to a contracting party with the government of India" will go ahead as usual.
- Attorney General cautions government against blacklisting of FinmeccanicaMinistry has put on hold all defence deals with Finmeccanica after the scam broke last year and the AG has now said that that is likely to ...
- Finmeccanica ban can hit forces’ battle-readiness, attorney general says"Can India afford to jeopardize its modernization of armed forces for that long a period by banning supplies from these group of companies,...
- VVIP Chopper scam: Finmeccanica settles with Italy prosecutors to end probeFinmeccanica said prosecutors had discontinued investigations into the contract and AgustaWestland would apply to the court for a negligibl...
- Defence ministry initiates blacklisting process against AgustaWestlandDefence minister A K Antony has detailed a specific standard operating procedure (SOP) for dealing with the VVIP helicopter scandal.
- AgustaWestland wins UK contracts for 910 million eurosAgustaWestland, the helicopter unit of Finmeccanica, has won two contracts by the British Ministry of Defence for a total value of about 91...
- Defence Ministry to keep out Finmeccanica group from DefExpoDefence Ministry today said it is ousting Finmeccannica from biennial military exhibition DefExpo starting February 6.
- Chopper scam: Finmeccanica's India expansion plans may crash, Tatas say no threat to JVThe Rs 3,760-crore helicopter scam may affect India expansion plans of Finmeccanica, whose subsidiary AgustaWestland is at the heart of the...
- Italian PM assures 'correct governance' of FinmeccanicaItalian PM Mario Monti has said that his govt would guarantee the "correct governance" of state-controlled defence firm Finmeccanica
- The 40 years old Italian connection of IndiaThe presence of Finmeccanica in India goes back more than 40 years, to the early 70s when the group supplied 41 Sea King helicopters to the...
- Finmeccanica has six registered companies in IndiaFinmeccanica, which is in the centre of a controversy over alleged kickbacks in the VVIP chopper deal, has at least six companies registere...
- How troubles at Italy's Finmeccanica are taking a toll on India's military modernisationIndia signed the €560 mn deal with AgustaWestland to supply 12 AW101 choppers in 2010 and deliveries are scheduled to begin in early 2013.
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