As the Ministry of Defence on Friday initiated the process to scrap the deal with AgustaWestland for 12 VVIP helicopters, the Central Bureau of Investigation (CBI), which is probing into the case, has decided to send a team to Italy within a week. ...
08:02 PM, Feb 15, 2013
Former Air Chief Marshal SP Tyagi may be right in saying he played no role in fixing of norms in the AgustaWestland chopper deal. Defence documents accessed by CNN-IBN suggest that Tyagi may have not meddled with technical parameters. ...
07:16 PM, Feb 15, 2013
The Ministry of Defence on Friday initiated the process to scrap the deal with AgustaWestland for 12 VVIP helicopters. Acting on the issue, the government issued a notice to the company, asking why the deal should not be cancelled. ...
05:41 PM, Feb 15, 2013
Prashant Bhushan said that President Pranab Mukherjee and the governors accused in the AgustaWestland deal face immunity but can definitely be questioned by the CBI. ...
12:07 PM, Feb 15, 2013
CNN-IBN's Surya Gangadharan joined IBNLive readers for an interaction on the Agusta Westland chopper deal. ...
05:26 PM, Feb 14, 2013
Prime Minister Manmohan Singh said on Thursday that India and France reviewed major deals for fighter jets and nuclear reactors during French President Francoi Hollande's first day in the country. The Prime Minister also discussed Afghanistan and Pakistan issues with the French President who is currently on a two-day visit. ...
02:30 PM, Feb 14, 2013
India and France are speeding up negotiations on a $10 billion deal for 126 Rafale aircraft following months of delays because of disagreements over the cost of building them in India, two Indian Defence Ministry officials said. India started exclusive talks with French Dassault Aviation's Rafale for a 126-plane order in January 2012, over the competing Eurofighter Typhoon. ...
12:42 PM, Feb 14, 2013
Italy's Finmeccanica promoted company insider Alessandro Pansa to run the defence group as CEO after the arrest of its head for alleged bribery led India to suspend a $750-million deal to buy helicopters. ...
08:08 AM, Feb 14, 2013
French President Francois Hollande is on a two-day visit to India and is expected to meet Prime Minister Manmohan Singh on Thursday. This is Hollande's first visit to an Asian country. ...
08:00 AM, Feb 14, 2013
Amidst allegations of deviation from the tendering process, the government on Wednesday put off the decision on a proposal to procure 197 light helicopters, a move that comes against the backdrop of a scam in another chopper deal involving complainant AgustaWestland of Italy. ...
08:14 PM, Feb 13, 2013
Describing the Italian chopper deal as one having the "makings of a second Bofors scam", the Bharatiya Janata Party (BJP) on Wednesday sought to know why the government has not taken any action on the matter till now and said it will raise the issue strongly during the Budget Session of Parliament. The main Opposition also demanded the helicopter deal be reviewed and the supply of the remaining nine choppers...
02:31 PM, Feb 13, 2013
Aeromatrix, an IT company in Chandigarh, has come under scanner after the tainted Italian chopper deal came to light. Its CEO Praveen Bakshi says his firm is not involved in any kickbacks and they are only a vendor providing engineering services to AgustaWestland. ...
02:10 PM, Feb 13, 2013
Defence Minister AK Antony on Wednesday warned of action against those involved in the chopper deal with Italy's Finmeccanica and said, "Whoever is found guilty in the Italian chopper deal will have to pay the price and nobody will be spared." ...
11:43 AM, Feb 13, 2013
The Defence Ministry on Wednesday talked tough over the corruption allegations in the 2010 Italian helicopter deal. Defence Minister AK Antony said the government has ordered a Central Bureau of Investigation enquiry and that nobody will be spared. ...
10:25 AM, Feb 13, 2013
A day after the Italian police arrested defence major Finmeccanica's CEO Giuseppe Orsi in an ongoing corruption inquiry, there are more details emerging. Reuters now reports that three cousins of former Indian Air Force Chief SP Tyagi allegedly helped twist rules in a helicopter tender won by AgustaWestland. ...
09:04 AM, Feb 13, 2013
In a big development in Italy that may have huge repercussions in India, the head of Italian defence group Finmeccanica, the owners of AgustaWestland, has been arrested over ongoing corruption investigations into his group. ...
06:38 PM, Feb 12, 2013
The Defence Ministry on Tuesday referred the Augusta Westland bribery allegations case to the Central Bureau of Investigation (CBI). The development came after the Italian police arrested the head of Italian government-controlled defence group Finmeccanica SpA on February 12. ...
05:07 PM, Feb 12, 2013
Defence Minister AK Antony on Friday told members of the parliamentary consultative committee attached to his ministry that Married Accommodation Project (MAP) for the armed forces personnel will be completed by 2018. ...
02:37 AM, Feb 09, 2013
India is likely to become one of the top three aviation markets in the world by 2020 provided the strong passenger growth clocked in recent times continues, a Ficci-PwC report said on Thursday. ...
12:43 AM, Feb 08, 2013
Projects related to operational preparedness of armed forces will not be affected despite a cut of Rs 10,000 in defence expenditure, Defence Minister AK Antony said on Wednesday. "There is recession globally and we are not an island. We are also affected by it. We have to tighten in all areas for a better future. This year consciously government is tightening (expenditure). As a result all departments of the government...
07:50 PM, Feb 06, 2013
