VVIP Chopper scam: India to get details of conversations taped...

The ministry of defence (MoD) has received a set of documents purportedly from Italian defence firm Finmeccanica including warrants issued by Italian authorities against former Finmeccanica CEO Giuseppe Orsi in the VVIP helicopter deal that has been marred by ...

A high-level committee headed by noted nuclear scientist Anil Kakodkar and Metro man E Sreedharan to review safety features of the Indian Railways had in 2012 lambasted the working of a train protection system implemented in Chennai, Sanjib Kr Baruah reports.

Antony defended his ministry's inaction over the chopper scam where Italian arms firm Finmeccanica allegedly first inflated the price of the Rs 3,546 crore deal to buy 12 AW-101 choppers and used middlemen to skim and split an estimated Rs 350 crore in ...

New Delhi, Mar 25: Even as Defence Minister AK Antony admitted that Indian officials had been bribed by Italian firm Finmeccanica to help its British subsidiary AgustaWestland clinch the VVIP chopper deal, the BJP on Monday hit out at the government

A unit of Italy-based Finmeccanica has announced the signing of a EUR170m ($221m) contract for the supply of components, systems and services for Oman's Eurofighter aircraft. Alenia Aermacchi, a Finmeccanica subsidiary, said it has signed the ...

NEW DELHI — While no decision has been made to blacklist Italian helicopter maker AgustaWestland over alleged bribery charges, sources within the Indian Defence Ministry say officers there believe neither the firm nor parent company Finmeccanica ...

Several weeks after the government was buffeted by the Finmeccanica scandal early this year, defence minister AK Antony promised a CEO of a local defence firm "winds of change". This chief executive, who requested anonymity, was "gladly surprised" ...

Finmeccanica SpA (FNC) wants to return to profit this year with the help of asset sales, a promise that Italy's largest defense company failed to deliver in 2012 amid charges and a bribery probe that felled senior management. The company, based in ...

ROME — Italy's Finmeccanica announced a net loss of €786 million (US $1.02 billion) for 2012 on Feb. 23, due mainly to a write-down of the value of US electronics unit DRS. Orders dropped 2.2 percent to €16.7 billion, while revenue rose 1 ...