The first victim of this was the long-pending Rs 1,200 crore proposal to buy 'Black Shark' heavy-weight torpedoes from a Finmeccanica subsi...

Parrikar said that WASS Italy had emerged as a successful bidder in the procurement for heavy weight torpedoes for Project75 submarines.

"Wherever there is capital procurement of Finmeccanica and their subsidiaries, all Requests for Proposal (RFP) will be closed. I am very cl...

Defence ministry sources said that blacklisting Finmeccanica and its subsidiaries like AgustaWestland could only take place after the CBI f...

The court found him guilty of corruption in relation to sale of 12 choppers to Indian government & sentenced Orsi to jail term of four-and-...

The trial revolves around a 560-million euro contract awarded to Finmeccanica's helicopter unit in 2010 to supply 12 helicopters to the gov...

Finmeccannica and its subsidiary AgustaWestland have been banned from taking part in any future Indian defence contracts

MoD also said cases in which a Finmeccanica is a subcontractor to a contracting party with the government of India" will go ahead as usual.

Ministry 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 ...

"Can India afford to jeopardize its modernization of armed forces for that long a period by banning supplies from these group of companies,...

Finmeccanica said prosecutors had discontinued investigations into the contract and AgustaWestland would apply to the court for a negligibl...

Defence minister A K Antony has detailed a specific standard operating procedure (SOP) for dealing with the VVIP helicopter scandal.

Finmeccanica has been engaging middlemen in India for a long time, much before it used kickbacks to swing the VVIP helicopter deal.

Italian PM Mario Monti has said that his govt would guarantee the "correct governance" of state-controlled defence firm Finmeccanica

Finmeccanica, which is in the centre of a controversy over alleged kickbacks in the VVIP chopper deal, has at least six companies registere...

"Giuseppe Orsi, the head of Italian defence and aerospace giant Finmeccanica, was arrested on Monday in relation to a probe into corruption.

India signed the €560 mn deal with AgustaWestland to supply 12 AW101 choppers in 2010 and deliveries are scheduled to begin in early 2013.