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About 3 results for "Firm Finmeccanica"

Italian court acquits ex-Agusta bosses of bribery charges
Rediff.com

Italian court acquits ex-Agusta bosses of bribery charges

An Italian appeals court on Monday acquitted Giuseppe Orsi, the former president of defence and aerospace giant Finmeccanica, over charges of alleged bribes paid in exchange for a Rs 3,600 crore VVIP chopper deal to sell 12 AgustaWestland helicopters to the Indian government. Milan's third court of appeal also acquitted Bruno Spagnolini, former chief executive officer of the company's helicopters subsidiary AgustaWestland, who had also been handed a four-year jail term on the same charges, ... Rediff.com, 1 month ago
Rediff.com

Airbus payout adds new twist in Rafale vs Eurofighter deal

Airbus' $99 million payout puts a new light on Eurofighter's 'unsolicited bid' to the Modi government, reducing the cost of the Typhoon fighter by 20 per cent, making it in retrospect significantly cheaper than the Rafale.Ajai Shukla reports. IMAGE: India ignored the Eurofighter Jagdflugzeug GmbH bid for its Typhoon fighter and opted for Rafale fighter jets. Photograph: Ints Kalnins/Reuters Over the preceding week, India's political landscape has been roiled by accusations that the government ...
 Rediff.com1 week ago
Rediff.com

INS Kalvari a toothless shark?

The Scorpene submarine doesn't have enough firepower; it will share 64 obsolescent SUT torpedoes till the Indian Navy is supplied with 100 heavyweight torpedoes -- a process that could take more than two years to complete.Ajai Shukla reports. IMAGE: Prime Minister Narendra D Modi at the commissioning of the Scorpene-class submarine INS Kalvari at the Naval Dockyard in Mumbai, December 14, 2017. Photograph: PTI Photo The defence ministry has issued a secret Request for Information to global ...
 Rediff.com2 months ago
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