Sources: India Might Not Blacklist Finmeccanica

Comments 0 AgustaWestland, a Finmeccanica Company, today unveiled its "Project Zero" tilt rotor technology demonstrator, giving an insight into what advanced rotorcraft of the future may look like. This, however, is no paper study. The technology ...

Without waiting for further evidence or an interim report from the CBI, the government is finalizing punitive action against British defence firm AgustaWestland for allegedly engaging middlemen in the 2010 deal for the purchase of 12 VVIP helicopters.

Finmeccanica is not expecting India to blacklist either the group or its helicopter unit AgustaWestland for the time being as a consequence of a corruption probe.

Business Standard has learned that helicopter manufacturer AgustaWestland has written to the Indian Ministry of Defence (MoD), formally initiating a process of "dispute resolution" over allegations of bribery. This letter was sent on Apr 17, two ...

Was not buying AgustaWestland choppers: Delhi Police news.taaza.com: (3 Months ago) New Delhi, Feb 16 (IANS) The Delhi Police Saturday rubbished claims that it was going to buy choppers from AgustaWestland, the Britain-based subsidiary of Italian ...

The supply of 12 VVIP Helicopters from AgustaWestland had come under scanner after Italian authorities alleged that the bribe money was given by the company to clinch the deal. | PTI/File CBI has received transcripts of telephone conversations ...

Defence Ministry had signed a contract with AgustaWestland in February 2012 to procure 12 VVIP helicopters at a total cost of Euro 556.26 million. |PTI Government has not yet taken any decision to blacklist AgustaWestland- the Anglo-Italian firm ...

India is yet to take a decision on debarring Italian helicopter major AgustaWestland, which is under an anti-corruption scanner both in Italy and India over its `3,546-crore deal to supply 12 VVIP helicopters. In a written reply to a question in the ...

The firm had been issued a show cause notice by the Defence Ministry asking it why the Rs 3,600 crore contract should not be cancelled in wake of the allegations against it.