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FINMECCANICA SPA
Italy's Leonardo bets big on Indian helicopter market, leaving behind AugustaWestland chopper bribery scandalThe Italian helicopter major, earlier known as Finmeccanica, expects to sell up to 30 helicopters in the next three years, Harinder Commar,...
Congress to Centre: Why ban on co linked to AgustaWestland deal lifted?AICC spokesperson Gourav Vallabh said "What is the secret deal between the Modi government and Agusta/ Finmeccanica? Is it now okay to deal...
Agusta scam: India decides to lift ban on Italian defence firm Leonardo with conditionsSources said the ban on Leonardo SpA and its subsidiaries had “limited India’s options” in the international arms market because the conglo...
AgustaWestland scandal: CBI to file 2nd chargesheet post-testimonyThe supplementary (second) chargesheet being prepared by the agency naming Michael does not currently contain names of any leaders associat...
AgustaWestland case: Court grants bail to former IAF chief S P Tyagi, others in chopper caseSpecial judge Arvind Kumar granted bail to Tyagi and his cousins involved in the case and asked them to furnish a bail bond of Rs 1 lakh wi...
VVIP chopper scam: HC seeks ED's response on Gautam Khaitan's plea against summons in PMLA caseA cognizable offence is one for which a person can be arrested by a police officer without needing a warrant.
Court to consider ED's charge sheet in chopper scam tomorrowSpecial Judge Arvind Kumar reserved for tomorrow the order on whether to take cognisance on the charge sheet filed by special public prosec...
Delhi court to consider ED's charge sheet in chopper scam on July 23The probe agency had on July 18 filed a supplementary charge sheet in a Delhi court accusing former AgustaWestland and Finmeccanica directo...
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...
'FIPB has sought Defence Ministry inputs on FDI in Agusta, Tata JV'When asked if there was any political motive for deferring the proposal, the official reiterated that FIPB had not received inputs from the...
Government defers approval to AgustaWestland FDI in Indian JVDecision on proposal for Indian Rotorcraft has been "deferred," said Finance Ministry in a statement. It gave no reason for deferring the p...
Italian court accepts request for monetary measures: FinmeccannicaFinmeccannica and its subsidiary AgustaWestland have been banned from taking part in any future Indian defence contracts
Defence Ministry seeks details about shelving of proceedings against Finmeccanica"The Indian Embassy in Rome has been asked to provide us complete details about the case in which proceedings are going on in a court in Mi...
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...
India taking steps to 'fully recover' bank guarantees in VVIP chopper scamThe defence ministry has said it will take "immediate steps to fully recover" the bank guarantees provided by AgustaWestland in relation to...
Chopper scam: CBI launches raids, files FIR against former-IAF chief SP TyagiCBI said it had registered a criminal case under anti-corruption laws and named Finmeccanica and AgustaWestland as targets of its probe.
- Paying kickbacks Orsi Giuseppe's business philosophy?
Paying kickbacks was allegedly the "business philosophy" of former Finmeccanica CEO Orsi Giuseppe who has been arrested for his role in the...
- VVIP helicopter deal: SP Tyagi used to brief us on tender developments, claim middlemen
The alleged middleman in the deal for VVIP helicopters have claimed that the then Air Chief S P Tyagi used to brief them on the development...
- Bribes, necessary part of doing business globally: Berlusconi
"Bribes are a phenomenon that exists and it's useless to deny the existence of these necessary situations," Berlusconi said.
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.