Embraer

Aircraft maker Embraer to pay over $205 mn for resolving corruption charges in India

Approximately $5.76 million was allegedly paid to an agent in India in connection with the sale of three highly specialised military aircraft to Indian Air Force, and the payments were falsely recorded in Embraers books and records as part of a consulting agreement that was not legitimate.

Manohar Parrikar slams Rahul Gandhi, says he found 'dalali' in several UPA deals

Defence Minister Manohar Parrikar on Monday hit back at Rahul Gandhi over his 'dalali' remark, saying those who "focused on profiteering" in defence deals fully understood the meaning of the word and that BJP does not intend to use army's "valour" for elections.

Embraer aircraft deal: Defence Ministry asks CBI, ED to probe

The Defence Ministry has asked the CBI and Enforcement Directorate to probe the allegations that kickbacks were paid in the USD 208 million Embraer aircraft deal that DRDO had struck with the Brazilian aircraft manufacturer during the UPA rule in 2008.

Kickbacks in $208-million Embraer deal: What should we expect next?

Concurrent to the breaking news about kickbacks in the $208 million jet deal with Brazilian aircraft maker Embraer, comes media report that Embraer has set aside $200 million to pay for any fines following an investigation by US authorities

CBI may probe into Embraer aircraft deal if criminality is indicated in probe: Parrikar

Defence Minister Manohar Parrikar said that the CBI may probe the $ 208 million Embraer aircraft deal if any criminality is indicated in the internal probe already ordered

President to inaugurate aviation expo today: Check out the big participants and line-up here