Deal

  • Rural votes, old traumas drive India's WTO brinkmanship Yesterday

    New Delhi: With grain silos spilling over, exports on the rise and an avowed market champion for prime minister, India's threat to trash a global trade deal in the name of food security appears puzzling. But government officials say Prime Minister Narendra Modi is prepared to brazen out global outrage to...
  • Finmeccanica settles with Italy prosecutors to end VVIP chopper deal probe Yesterday

    Milan: AgustaWestland's parent company Finmeccanica says it has reached a agreement with Italian prosecutors to settle legal proceedings over the the VVIP chopper deal in India, adding this did not equal an acknowledgment of any wrongdoing. India had cancelled the Rs 3,700 crore order with Finmeccanica unit AgustaWestland for 12 top-end...
  • Goa vigilance dept to probe Chhattisgarh coal block deal 5 days ago

    Goa government on Friday said the state vigilance department will investigate the alleged irregularities in the agreement entered into by the previous government with a private firm for generation of electricity using the coal from a mine in Chhattisgarh. Chief Minister Manohar Parrikar stated in the legislative assembly that there were...
  • India blocks WTO deal on customs rules as deadline nears 6 days ago

    Geneva: India blocked an agreement on new global customs rules on Thursday, angering fellow members of the World Trade Organization who say Delhi's veto could be costly, economically and politically. At a meeting in Geneva, diplomats from the 160 WTO member countries were supposed to rubber stamp a deal on "trade...
  • UAE's TAQA pulls out of $1.6 billion India power deal 6 days ago

    Abu Dhabi: Abu Dhabi National Energy Co (TAQA)TAQA.AD is pulling out of a $1.6 billion deal to buy two Indian hydroelectric power plants because of "a change in strategy", a senior TAQA official told Reuters on Thursday. The official, who declined to be named under briefing rules, did not give further...
  • BRICS sees Bali trade deal implemented despite India concern July 15, 2014

    Fortaleza: The BRICS group of emerging market nations is confident a global trade reform pact will be implemented despite concerns by India over its food security, Brazil's trade minister said on Monday. "We are confident that the Bali agreement will be implemented by all," Brazilian Trade Minister Mauro Borges told reporters...
  • Margaret Alva to be sworn in as Goa Governor on Saturday July 11, 2014

    Panaji: Rajasthan Governor Margaret Alva would be sworn-in as Governor of Goa on Saturday after predecessor BV Wanchoo resigned last week. Chief Justice of Bombay High Court, Mohit Shantilal Shah will administer the oath of office to the Governor at Durbar hall of the Raj Bhavan at 6 pm tomorrow,...
  • CBI questions Andhra Governor ESL Narasimhan in AgustaWestland case July 9, 2014

    New Delhi: Andhra Pradesh Governor ESL Narasimhan has been questioned by the Central Bureau of Investigation (CBI) in the AgustaWestland helicopter bribery case. Narasimhan was Intelligence Bureau Director when the deal was struck. CBI officials recorded his statement about the deal to by 12 helicopters from AgustaWestland. In March 2005 Narasimhan as...
  • AgustaWestland deal: CBI to examine AP Governor Narasimhan July 8, 2014

    New Delhi: CBI will soon record the statement of former Director, Intelligence Bureau and Governor of Andhra Pradesh E S L Narasimhan as witness in connection with allegations of bribery in purchase of 12 VVIP helicopters from Ango-Italian firm AgustaWestland. CBI sources said Narasimhan, along with then NSA M K Narayanan...
  • Switzerland gets the edge on EU with China trade deal July 7, 2014

    Basel: Switzerland has one-upped its European Union neighbours with a free trade deal with China that its politicians and business sector say is crucial to boosting ties with the world's second-largest economy. The free trade agreement (FTA), in force since Tuesday, is China's first with a mainland European country and was...
  • News 360: Free from ISIS clutches, Indian nurses head for home July 4, 2014

    As many as 116 Indians including 46 nurses from Kerala will reach India on Saturday morning, reassured the Ministry of External Affairs on Friday evening. MEA spokesperson Syed Akbaruddin said that an Air India aircraft has flown from New Delhi and is expected to reach Erbil, Iraq, late on Friday. ...
  • Goa Governor BV Wanchoo resigns July 4, 2014

    Panaji: Goa Governor BV Wanchoo stepped down on Friday. Wanchoo is the fifth governor to quit after the BJP government came to power at the Centre. Wanchoo on Friday also gave his statement to the CBI in connection with the alleged bribery scandal in the VVIP helicopter deal. The governor...
  • AgustaWestland: Pleased to give statement to CBI, says Wanchoo July 4, 2014

    New Delhi: Goa Governor BV Wanchoo has said he was "pleased" to have given CBI his statement on Friday in connection with the alleged bribery scandal in the VVIP helicopter deal and hoped that the agency would now bring the truth out in the case at the earliest. A statement issued...
  • West Bengal Governor MK Narayanan resigns June 30, 2014

    New Delhi: West Bengal Governor MK Narayanan stepped down on Monday after seeking time to reach on a decision. His resignation comes in the series of resignations of Governors who were appointed by the UPA government and have now been asked by the Narendra Modi government to quit. Earlier last week,...
  • Ukraine, EU sign historic trade and economic pact June 27, 2014

    Brussels: Ukraine's new president signed a trade and economic pact with the European Union on Friday, pushing his troubled country closer into a European orbit and angering Russia, which warned of unspecified consequences. A beaming Petro Poroshenko called it "maybe the most important day for my country" since independence from the...
  • CBI questions West Bengal Governor as witness in AgustaWestland deal June 27, 2014

    New Delhi: The Cenntral Bureau of Investigation has questioned West Bengal Governor MK Narayanan in the AgustaWestland chopper scam probe. MK Narayanan was questioned as a witness in the scam probe. MK Narayanan was the National Security Advisor at time of the chopper deal. He had presided over a meeting which...
  • Goa: CM Parrikar speaks to PM on his stand on Governor's resignation June 25, 2014

    Panaji: Goa Chief Minister Manohar Parrikar on Wednesday said that he has communicated to the Prime Minister, his stand on demand of resignation of Goa Governor BV Wanchoo, by the local BJP unit, over the helicopter purchase scam. "As a Chief Minister, I have told the Prime Minister whatever I feel...
  • AgustaWestland deal: Centre seeks AG's view on questioning Governors June 24, 2014

    New Delhi: Seeking a fresh opinion on whether serving Governors can be questioned, the government has asked the view of new Attorney General Mukul Rohatgi on the issue relating to CBI's plans to quiz two of them as witnesses in the AgustaWestland VVIP helicopter deal. Former Solicitor General Mohan Parasaran had...
  • Andhra Pradesh court issues arrest warrant against MS Dhoni June 24, 2014

    A court in Andhra Pradesh on Tuesday issued an arrest warrant against Indian cricket team captain MS Dhoni for allegedly hurting the religious sentiments of Hindus. A local court in Anantapur issued the arrest warrant as Dhoni did not appear in the court despite three summons served in the past. It...
  • AgustaWestland deal: CBI to quiz Bengal, Goa Governors, say sources June 20, 2014

    New Delhi: The Central Bureau of Investigation (CBI) is likely to question Goa Governor BV Wanchoo and West Bengal's MK Narayanan in the AgustaWestland VVIP chopper deal, said sources on Friday. The investigating agency has sought time from both the Governors. The CBI claimed that they want to questions the Governors...
  • Fresh trouble for Jet-Etihad deal; Singapore begins scrutiny June 19, 2014

    Singapore: In fresh trouble for Indian carrier Jet Airways' alliance with Abu Dhabi's Etihad, fair trade watchdog in Singapore has begun a scrutiny of the deal to probe any possible violation of its competition laws. The deal, which involves purchase of a 24 per cent stake in Naresh Goyal-led Jet...
  • VVIP chopper scam: CBI to send teams to record statements of Goa, WB Governors June 5, 2014

    CBI will soon send teams to examine West Bengal Governor M K Narayanan and his Goa counterpart B V Wanchoo as "witnesses" in connection with its probe in the VVIP helicopter purchase deal. Highly-placed CBI sources said the agency has informed the Law Ministry that there was no bar on examining...
  • Why music industry is optimistic about Apple-Beats deal May 31, 2014

    When Cortez Bryant decided to negotiate a headphones marketing deal for his clients Lil Wayne and Nicki Minaj a few years ago, he turned down more money from other more established companies to sign with Beats By Dre for a simple reason. "There was a bunch of history there, so at...
  • Tata-SIA Airlines deal: Delhi HC seeks Centre's response May 30, 2014

    New Delhi: The Delhi High Court on Friday sought response from the Centre and Tata-SIA Airlines on Federation of Indian Airlines (FIA) plea seeking quashing of approvals being granted to commence its air transport operation. A bench comprising Chief Justice G Rohini and Justice Pradeep Nandrajog issued notice to the Ministry...
  • Apple agrees to buy Beats Electronics for $3 billion May 29, 2014

    Bangalore: Apple Inc will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders Iovine and rapper Dr. Dre will join Apple as part of...
  • AgustaWestland guarantees: Defence Ministry to take steps to recover amount May 25, 2014

    After an Italian court partially lifted the freeze and allowed India to encash bank guarantees worth Rs 1,818 crore deposited by AgustaWestland in the VVIP chopper deal, the Defence Ministry on Sunday said it will take "immediate steps" to fully recover the amount. The Italian court on May 23 allowed India...
  • Chopper deal: SG cautions against CBI questioning Goa, WB governors May 22, 2014

    Solicitor General Mohan Parasaran has cautioned CBI against questioning the governors of Goa and West Bengal in its VVIP helicopter deal investigation even as witnesses, pointing out that they enjoy constitutional immunity. In his opinion rendered to the government, the senior Law Officer has said that their questioning even as witnesses...
  • Raje government launches probe into Vadra land deals May 6, 2014

    The Vasundhara Raje government in Rajasthan has launched a probe into land deals of Congress president Sonia Gandhi's son-in-law Robert Vadra in the state when the Congress was in power. "The state government has directed collectors of Jodhpur, Barmer and Bikaner districts to gather information on deals and draft a factual...
  • There will be a fair probe into Vadra's land deals: Arun Jaitley April 29, 2014

    BJP leader Arun Jaitley said that it is for the investigative agencies to look into the matter professionally and correctly if there is a case or not against Robert Vadra's land deal. ...
  • Adani and Vadra: Did proximity to power get them undue benefits? April 28, 2014

    The BJP has clearly launched a full frontal attack against Congress by raking up the Vadra land deals. But surprisingly not a single case has been registered against the Gandhi son-in-law after the BJP came into power in Rajasthan. On the other side Gautam Adani, the industrialist in the eye...