Tata Motors to acquire Iveco’s commercial vehicle business for €3.8 billion, excluding defence unitTata Motors plans to acquire Iveco Group's commercial vehicle business. The deal is valued at approximately €3.8 billion. The acquisition w...
31 Jul, 2025, 11.49 AM IST
US defence firms chase European military spending waveAmerican defence companies are seeking partnerships with European nations. This comes as Europe increases its military spending. The Paris ...
18 Jun, 2025, 08.11 PM IST
Congress alleges Chinese national played 'dubious role' in Adani Group's activitiesThe Congress is persisting with its attack on the government weeks after Adani Group stocks took a beating on the bourses after US-based sh...
06 Mar, 2023, 06.44 PM IST
After lifting ban on AgustaWestland, India issues fresh list of banned firmsSources said that the decision was made by the defence ministry based on the request made by the Italian firm and consulting the Law Minist...
14 Nov, 2021, 08.59 PM IST
Defence Ministry issues new list of firms with whom dealings have been suspended or put on holdIn addition, the Defence Ministry has also debarred a total of six firms including Israel Military Industries, Corporation Defence, Russia ...
14 Nov, 2021, 02.38 PM IST
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...
09 Nov, 2021, 07.15 AM IST
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...
07 Nov, 2021, 11.42 AM IST
Italy's Leonardo to buy 25 percent stake in German sensor maker Hensoldt"We are excited about the investment in Hensoldt as the catalyst for the establishment of closer cooperation that will further enhance our ...
24 Apr, 2021, 04.02 PM IST
Italian defence firms eyeing joint production with India, says envoyDefence ties with Italy — which took the twin hits of the AgustaWestland scam and the Italian marines case — were revived after an eight-ye...
14 Nov, 2020, 08.03 AM IST
India and Italy give a big push to defence cooperation after lullIndia and Italy while inking 15 pacts in the fields of trade, infrastructure & sovereign funds, energy, shipbuilding & culture, etc sought ...
09 Nov, 2020, 12.57 PM IST
VVIP chopper deal scam: Defence Ministry extends ban Leonardo, units by 6 monthsThe company and its affiliates have been banned since July 3, 2014, after the VVIP helicopter deal was cancelled by the government.
02 Jul, 2019, 11.37 PM IST
Michel had knowledge of files that even AK Antony didn’t? CBI thinks soMichel claimed he had to "virtually engage the entire UPA cabinet" to neutralise the lobbying on behalf of the US. The fax dispatch, receiv...
20 Dec, 2018, 10.55 AM IST
Christian Michel can challenge Dubai Court order by October 2; final say with the UAE ministerThe British high commission in the UAE told the local media that it was “assisting a British man in Dubai”, and is “in contact with authori...
21 Sep, 2018, 08.25 AM IST
UK military to build prototype of futuristic 'laser weapon'The aim is to see whether "directed energy" technology could benefit the armed forces, and is to culminate in a demonstration of the system...
14 Jul, 2018, 09.38 PM IST
Israeli, Italian, British, South African arms firms in defence ministry's graft listGlobal arms majors Singapore Technologies Kinetics (STK) and Israel Military Industries (IMI) fall in the first category of blacklisted fir...
20 Feb, 2018, 10.47 AM IST
Ex-Finmeccanica CEO Giuseppe Orsi acquitted of graft charges in chopper dealOrsi was arrested in 2014 and resigned as chief executive of the aerospace group which was later renamed as Leonardo.
08 Jan, 2018, 08.17 PM IST
Pakistan on equipment buying spree to fight militancyLast year, the US Congress stopped the sale of eight F-16 fighter jets to Pakistan but the move did not affect the weapons needed to combat...
23 Feb, 2017, 03.48 PM IST