Chopper scam: Italy hands over phone transcripts of middlemen ...

Italian prosecutors have asked for extradition of Swiss resident Guido Haschke who allegedly allege acted as an intermediary for bribes paid to Indian officials to win the 560 million-euro contract for 12 helicopters.

Factors to watch on Feb. 28 Prosecutors allege Guido Ralph Haschke, 61, an Italian and U.S. citizen who lives in Lugano, Switzerland, acted as an intermediary for bribes they say were paid to Indian officials to win a 560 million-euro ($724 million) ...

New Delhi: The government has named Defence Secretary as the new Comptroller and Auditor General (CAG) of India. He will replace Vinod Rai whose term comes to an end on Thursday, May 23. Mr Sharma's appointment to an office that has been much in the ...

Weak trade figures and profit-booking by foreign institutional investors saw the Sensex plunge to its lowest in 14 months and close down 430.65 points at 19,691.67. The Nifty sank two per cent to close down 125.80 points at 5,980.45. Not a single stock closed ...

New Delhi: Aeromatrix Info Solutions private limited, an accused firm in the Rs 3600 crore VVIP helicopter deal scam, has moved a Delhi court seeking defreezing of its bank account for paying salaries to its employees.The Chandigarh-based firm, in ...

The CBI, probing the `3,600 crore AgustaWestland helicopter deal, is now preparing to approach Interpol headquarters for issuing of red corner notices (RCN) against three foreign nationals Christian Michel, Guido Haschke and Carlo Gerosa. All three, who are ...

The net is closing in on British defence agent Christian Michel who is allegedly involved in the AgustaWestland helicopter scam. Until Italian investigators supplied Indian investigators with information on Michel's travels to New Delhi, the ...

The fate of the much-needed replacements for the ageing that services troops posted in high altitude areas is hanging in the balance with the Army informing the Defence Ministry that any decision on the contract will be taken only after a probe into ...

New Delhi buys over 70 per cent of its arms requirements from the international market With media spotlight focused firmly on India's looming lok sabha (lower house) elections to be held in 2014, news that the country has emerged as the world's ...