Graded penalties in, blanket ban out for defence deal graftThe DAC also accorded initial approvals or "acceptance of necessity" to modernisation projects worth Rs 82,117 crore.The approvals range fr...
12 Jul, 2018, 10.03 AM IST
'No firm blacklisted for misconduct in defence deals in 3 years'Manohar Parrikar, however, said six firms have been debarred from carrying out further business dealings with Ministry of Defence for a per...
11 Jul, 2018, 03.06 PM IST
Blacklisting of firms not to hinder procurement: Manohar ParrikarThe $750 million planned procurement of M777 ultra light howitzers from the US under the Foreign Military Sales route illustrates the gover...
11 Jul, 2018, 02.12 PM IST
Defence Acquisition Council to discuss blacklisting policy, Aatre reportDefence sources said that the Defence Acquisition Council, chaired by Defence Minister Manohar Parrikar, will meet on February 23.
11 Jul, 2018, 01.50 PM IST
New government policy on 'representatives' for arms purchase, blacklistingPromising a raft of steps to speed up military procurement, Parrikar said blacklisting of defence suppliers to root out corruption was not ...
12 Dec, 2014, 04.58 PM IST
Blacklisting of companies affects military readiness: Arun JaitleyThis marks a major shift from the earlier UPA era, where there was "indiscriminate blacklisting" of armament companies after corruption all...
31 Aug, 2014, 02.53 PM IST
Norms to blacklist weapon manufacturing firms eased partiallyThe issue (of blacklisting) has been discussed at length at the Defence Ministry. There are a large number of firms which have been blackli...
30 Aug, 2014, 06.40 PM IST
Defence Ministry may ease temporary ban on FinmeccannicaIn his opinion, the AG has cautioned against blacklisting Finmeccanica, arguing that it could hurt the process of acquisition and preparedn...
20 Aug, 2014, 06.16 PM IST
Government to keep 27 military firms out of Defexpo 2014Defence Ministry has decided to keep 27 Indian and foreign firms including those facing CBI inquiries out of its biennial military exhibiti...
28 Jan, 2014, 08.20 PM IST
Defence Ministry to keep out Finmeccanica group from DefExpoDefence Ministry today said it is ousting Finmeccannica from biennial military exhibition DefExpo starting February 6.
24 Jan, 2014, 10.32 PM IST
AgustaWestland denies wrongdoing in chopper dealAnglo-Italian firm AgustaWestland today denied any wrongdoing saying it will "robustly defend" its reputation.
01 Jan, 2014, 11.14 PM IST
- CAG raps defence PSU for deal with blacklisted firm
The CAG today pulled up defence PSU Bharat Electronics Limited (BEL) for signing a procurement contract with a foreign vendor facing the ri...
08 Aug, 2013, 07.30 PM IST
Do not blacklist, penalise erring armament firms: Naresh ChandraThe government should slap heavy penalties on firms found guilty of irregularities in defence deals rather than immediately blacklisting th...
20 Feb, 2013, 07.15 AM IST
- Swiss firm moves Delhi High Court against blacklisting by government
Rheinmetall Air Defence, a Switzerland-based automotive parts and defence group, has moved the Delhi High Court against the government's de...
19 Sep, 2012, 10.01 PM IST
- Mahindra Defence Systems severs ties with blacklisted Swiss firm Rheinmetall Air Defence
Mahindra Defence Systems (MDS) has severed ties with a blacklisted Swiss company for a proposed project to produce radars for naval ships.
10 Aug, 2012, 03.35 PM IST
- CBI to seek Swiss help for details on Rheinmetall Air Defence
CBI has decided to approach Switzerland for further details on Rheinmetall Air Defence (RAD).
16 Jun, 2012, 07.21 AM IST
Defence Ministry blacklists six arms' companiesDefence Min has blacklisted 6 cos including Singapore Technologies, Israeli Military Industry and Germany's Rheinmetall Air Defence for 10 ...
05 Mar, 2012, 10.46 PM IST