Credit Suisse, under regulatory scrutiny, rejigs asset managementIn its annual report, the lender said Swiss regulator FINMA was one watchdog looking into the matter, and was reviewing it in relation to t...
18 Mar, 2021, 01.06 PM IST
Tatra Truck Scandal: One-year ban on Vectra group companyThe defence ministry has imposed a ban on a Vectra group company, linking it to the Central Bureau of Investigation (CBI) probe into the Ta...
25 Aug, 2020, 09.04 AM IST
Court pulls up CBI, MoD for not following basic rulesA special court has observed that CBI recommended closure of the Tatra-Vectra truck scandal case without even examining documents related t...
30 Nov, 2019, 06.52 AM IST
Christian Michel claims he has been "hijacked", says his extradition illegalMichel who was brought to India late Tuesday night has remained “aggressive” so far in denying any link to the alleged bribes paid.
05 Dec, 2018, 12.29 PM IST
Make in India: L&T outguns global rivals to bag Rs 5,000-crore Indian Army dealIn a deal, Larsen and Toubro has emerged as the finalist for about Rs 5,000 crore contract to supply 100 self-propelled artillery guns to t...
15 Jul, 2018, 01.39 PM IST
Agusta accused of supplying damaged copterAgustaWestland had courted another controversy in India since the 2012 VVIP chopper scam that led to cancellation of the contract with the ...
14 Jul, 2018, 09.44 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
Bofors scandal was a media trial: President Pranab MukherjeeDays ahead of his visit to Sweden, President Pranab Mukherjee said the Bofors scandal was a media trial, and had not been proven in court.
26 May, 2015, 10.41 AM IST
Top Chinese Army General caught with over USD 98 millionA top Chinese General under scanner for corruption was found to have 60 houses, 400 kgs of gold jewelry and expensive art works amounting t...
09 Dec, 2014, 06.48 PM IST
Remove ban on defence firm, Singapore to IndiaThe request was made to the Indian government a few days ago before Singapore Defence Minister Ng Eng Hen's visit here today.
19 Aug, 2014, 07.47 PM IST
CBI to start probe in HAL bribery scamCBI in the next couple of days will register a preliminary enquiry into alleged bribery in a Rs 10,000 crore deal for supply of aircraft en...
09 Mar, 2014, 10.37 AM IST
India, the world’s largest arms importer doesn’t employ a single authorized agentPeople in the know say kickbacks in defence deals normally amount to 10%-12% of the total contract value, with the major chunk going to pol...
17 Feb, 2013, 08.29 AM IST
Italian chopper deal: India bought helicopters Obama rejected as ‘costly’Obamafound the copters too exorbitant to pass muster in 2009. But Indian govt had no such qualms & inked Rs 3,546-cr deal.
13 Feb, 2013, 07.59 AM IST
- Bofors payoffs: Twists and turns in case against Quattrocchi
The scandal became an unprecedented case of corruption and contributed to the defeat of Rajiv Gandhi's Congress party in the general electi...
04 Mar, 2011, 06.59 PM IST
- ‘I-T tribunal’s order will not reopen Bofors case’
Former Bofors investigators and government sources are convinced that the Income Tax Appellate Tribunal order may not change the disappoint...
04 Jan, 2011, 10.56 AM IST
- Defence supplies: Soon, pvt firms can partner foreign cos
With the much touted policy to open up the defence sector to domestic private players not making much headway even after several years, the...
28 Oct, 2009, 05.59 AM IST
- No place for middlemen in defence deals: Pranab
With the Navy war-room leak scandal and the CBI chargesheet against former defence minister George Fernandes and his close associates and t...
25 Oct, 2006, 03.11 AM IST