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Chopper deal: Govt factsheet is a red herring, but self-damning
The government's factsheet on the Agusta deal tries to deflect blame, but it confirms that the tax department had brought the commissions to its notice. #ConnectTheDots #Ministry of Defence #Finmeccanica #Agusta Westland #Chopper scam
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S-Korea finds no radio active elements from N-Korea nuke test
Seoul said on Friday it will stop sea operations to collect samples but will continue monitoring at land stations. #NewsTracker #South Korea #North Korea #Pyongyang #North Korea nuclear test #Japan Defence ministry
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Analysts see trouble for Finmeccanica JVs but Tatas say all fine
It is unfortunate that the Tata group, considered more ethical than its peers in its business practices, has forged a joint venture with a company which has a controversial past. #Defence #Tata Group #ConnectTheDots #Indian Navy #Finmeccanica #Chopper scam
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VVIP chopper scam: What the govt has to say
The government on Thursday formally asked Italian firm Finmeccanica to state whether any money was illegally paid to any Indian entity or individual amidst its warning of legal action including blacklisting of the firm. #NewsTracker #defence ministry #Giuseppe Orsi #AgustaWestland #National Security Adviser
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Berlusconi is right, it's time to make defence commissions legal
If the default assumption is that no deal is free from bribery or commission, the defence sector is a goldmine for easy money. #OnOurMind #Defence spending #Agusta Westland #SP Tyagi #Chopper scam
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Proposal to purchase 197 light choppers put off
The proposal to purchase light helicopters has been under scrutiny after allegations that norms were not adhered to by European Eurocopter and Russian Kamov. #NewsTracker #AK Antony #Defence Acquisition Council #AgustaWestland #Light helicopters
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Chidambaram warns on defence cuts
Chidambaram has driven cuts in spending, including $1.9 billion to defence acquisitions. #P. Chidambaram #Budget2013 #Defence budget
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Delhi gangrape trial: Victim's male friend examined by defence lawyers
The youth, a software engineer, had yesterday testified as a witness for the prosecution during in-camera proceedings against the five accused. #Defence #NewsTracker #Delhi gangrape #Friend
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India to reduce imports, increase purchase of local arms: Antony
India, the world's biggest arms importer in recent years, plans to spend around $100 billion over the next 10 years in its defence industry. #India #Defence #WhatNext #AK Antony
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Romance sours: Russia loses another Indian defence deal
The old India-Russia defence chumminess is over. The latest evidence is Russia's loss of the $1.68 billion deal for six air-to-air refuellers to Airbus #diplomacy #India-Russia Ties #Defence Deals