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Within days, Haschke and Khaitan joined board of Emaar-MGF

Within days, Haschke and Khaitan joined board of Emaar-MGF

On September 25, 2009, as first reported in The Indian Express, Emaar MGF Group appointed Guido Ralph Haschke, one of the accused in the AgustaWestland case, on the board of Emaar MGF Land Ltd. Read More…

Govt defers Agusta-Tata joint venture; FIPB took decision on April 8, day after Milan verdict

Govt defers Agusta-Tata joint venture; FIPB took decision on April 8, day after Milan verdict

On the day the CBI questioned former IAF chief S P Tyagi over his alleged links to middlemen in the Rs 3,600-crore AgustaWestland chopper deal, the government announced it had deferred a decision on increase in FDI in AgustaWestland’s joint venture with Tata Sons to assemble helicopters in India. Read More…

Chopper scam: CBI questions ex-IAF Chief SP Tyagi for 10 hours, probes his Italy visit

Chopper scam: CBI questions ex-IAF Chief SP Tyagi for 10 hours, probes his Italy visit

Accelerating its probe into the VVIP chopper deal, the Central Bureau of Investigation on Monday interrogated former Air Force chief SP Tyagi. It is looking into a visit he made to Italy after his retirement, besides probing his bank accounts and other assets. Investigators suspect he visited Florence, Milan and Venice. Read More… Image Credit: […]

New guideline for flying drones in Delhi-NCR; you can’t fly them near Rashtrapati Bhavan

New guideline for flying drones in Delhi-NCR; you can’t fly them near Rashtrapati Bhavan

The Directorate General of Civil Aviation (DGCA) plans to register all civil unmanned aircraft and issue an operating permit for them.

UPA must answer who received kickbacks in Agusta deal, says Manohar Parrikar

UPA must answer who received kickbacks in Agusta deal, says Manohar Parrikar

Defence Minister Manohar Parrikar on Saturday said the previous UPA dispensation will have to answer who received the alleged kickbacks in the AgustaWestland chopper deal.The moot question is who took the money in Agusta deal. Those who were at the helm at the time when the deal was struck owe an explanation Read More

“The undisputed central issue that stands out in acquisition of Agusta Westland helicopters is corruption,” Government.

“The undisputed central issue that stands out in acquisition of Agusta Westland helicopters is corruption,” Government.

Those who cannot see Prime Minister succeed even hint at him cutting a deal. Nothing could be farther from the truth. Prime Minister Modi did not cut any deal of any sort. His only goal and priority is the development of comprehensive national power, and empowerment of our masses. A few have even sought to link one of the accused with Ajit Doval, present NSA, as also Nripendra Mishra, Principal Secretary to the Prime Minister. This is a totally baseless assertion, devoid of reason and logic, and indicative of malicious intent. In reality, there is no such connection.

“There have been no instances of incursions by Chinese troops into Indian territory,” Parrikar informs Lok Sabha

“There have been no instances of incursions by Chinese troops into Indian territory,” Parrikar informs Lok Sabha

India’s Defence Minister Monaohar Parrikar in response to a question on Infiltration from Pakistan and Incursions by Chinese Troops told the Lok Sabha on April 29 that “there have been no instances of incursions by Chinese troops into Indian territory.” Stating that there is no commonly delineated Line of Actual Control (LAC) between India and […]

Strategic Partners Model For High End Defence Projects Likely by May. Independent Regulator For Defence In The Offing

Strategic Partners Model For High End Defence Projects Likely by May. Independent Regulator For Defence In The Offing

On queries by the industry, Defence Minister Manohar Parrikar is understood to have clarified that P75(I) submarines, helicopters and fighter aircrafts could be the segments that will be looked into for selection of SPs. Light Combat Aircraft MK2 itself could be pursued under the SP route. “With multiple helicopter and fighter programs there could be one or two strategic partners in either,” sources said.

49% FDI cap in defence may go. Govt set to announce new guidelines for higher FDI in defence production

49% FDI cap in defence may go. Govt set to announce new guidelines for higher FDI in defence production

The Ministry of Defence will soon come out with a new set of guidelines and norms that will work as Standard-Operating-Procedures (SOP’s) for foreign companies seeking higher ownership beyond the existing 49% foreign direct investment (FDI) that is currently allowed in defence production.

INS Arihant, India’s only indigenous nuclear submarine, to debut as soon as May

INS Arihant, India’s only indigenous nuclear submarine, to debut as soon as May

INS Arihant has completed all trials and weapon launch tests, and is soon going to be inducted in India’s Navy fleet. This is a big fillip to PM Narendra Modi’s Make-in-India campaign as INS is India’s first indigenously developed nuclear armed submarine. Read More…