After scrapping deal, India set for arbitration process with Agusta

Last Updated: Thursday, January 2, 2014, 19:55

India is now set to face the arbitration process invoked by the Anglo-Indian company besides initiating the process of encashing the bank guarantee of Rs 2200 crore furnished by the firm.

UK defends AgustaWestland after India scraps deal

Last Updated: Thursday, January 2, 2014, 18:53

The UK on Thursday defended Anglo-Italian firm AgustaWestland, saying time should have been given to establish the veracity of the bribery allegations before any action is taken.

Timeline of VVIP chopper deal

Last Updated: Thursday, January 2, 2014, 00:17

India on Wednesday cancelled the Rs 3,600 crore deal with AgustaWestland for supply of 12 VVIP choppers to the Air Force.

VVIP chopper deal cancelled to save first family from embarrassment: BJP

Last Updated: Wednesday, January 1, 2014, 17:34

BJP said that the decision to cancel VVIP chopper deal was taken to save the first family from embarrassment.

India scraps AugustaWestland VVIP chopper deal on New Year`s Day

Last Updated: Wednesday, January 1, 2014, 16:07

The scrapping of the deal with AugustaWestland – the British arm of Italian firm Finmeccanica - could now open the doors for fresh contract with other chopper companies like United Technologies Corp`s Sikorsky Aircraft, EADS` Eurocopter and Lockheed Martin.

CBI to send its own team to Italy for chopper scam probe

Last Updated: Monday, December 16, 2013, 22:41

CBI will send a team to Italy only after perusing a report to be submitted by the Defence Ministry team, which is on a visit there, in connection with the ongoing trial in chopper scam.

Agusta sends notice to Defence Ministry on arbitration

Last Updated: Tuesday, December 10, 2013, 21:07

Facing threat of cancellation of its Rs 3,600 crore deal, AgustaWestland is understood to have sent a notice to Defence Ministry.

Replaced officer will continue to handle chopper case: Defence Minister

Last Updated: Saturday, November 30, 2013, 14:56

A day after he was replaced as in-charge of the department handling the controversial AgustaWestland chopper deal, Defence Ministry on Saturday said Joint Secretary Upamanyu Chatterjee will continue to look after the case.

Defence Ministry to decide soon on scrapping Rs 3,600 cr chopper deal

Last Updated: Tuesday, November 26, 2013, 19:48

Defence Ministry will soon take a final call on scrapping the Rs 3,600 crore VVIP chopper deal as AgustaWestland on Tuesday said it has submitted its reply to the final show cause notice issued to it by the government in the chopper scam.

Chopper scam: CBI seeks info from Italy, Mauritius, Tunisia

Last Updated: Thursday, November 21, 2013, 22:14

CBI has sent judicial requests to Italy, Mauritius and Tunisia seeking details of financial transactions of companies named in the Rs 3600-crore VVIP helicopter scam.

VVIP chopper deal: MoD to hear AgustaWestland`s plea today

Last Updated: Wednesday, November 20, 2013, 09:17

Amid reports of Centre deciding to cancel Rs 3,727-crore deal for 12 VVIP helicopters with Anglo-Italian firm AgustaWestland, the Ministry of Defence (MoD) will on Wednesday hear the Italian chopper maker`s plea on the controversial deal.

VVIP chopper deal: Defence Ministry issues final show cause notice to AgustaWestland

Last Updated: Wednesday, October 23, 2013, 17:37

The Defence Ministry issued final show cause notice to Anglo-Italian firm AgustaWestland for cancellation of its over Rs 3,600 crore helicopter deal in view of bribery charges against it.