You are here : Home » Nation

Nation

Agusta hands over contract with middleman Michel to MoD

Friday, 22 March 2013 | PNS | New Delhi
0

AgustaWestland has handed over its contract with alleged middleman Christian Michel regarding the VVIP helicopter deal to the Defence Ministry and maintained that it had not committed any wrongdoing.

Responding to a notice by the Defence Ministry last week to explain its links with alleged middlemen and two Indian companies, AgustaWestland in its reply said there was nothing to indicate that Michel, a British national, and other people were hired by the company for committing anything wrong, officials said here on Thursday.

Michel along with Guido Hashcke were allegedly been hired by Italian conglomerate Finmeccanica, the parent company of AgustaWestland, to bag the `3,700 crore contract.  The ongoing Italian probe suggests that bribe amounting to `362 crore was paid to get the contract.

The CBI has named Michel in the FIR in the scandal along with former IAF chief SP Tyagi and his three cousins. The Defence Ministry had asked the CBI to probe into the deal on February 18 after the arrest of CEO of Finmeccanica Giuseppe Orsi and AgustaWestland CEO Bruno Spagnolini by Italian investigators.

 
 
 
Sunday Edition

Parallel education: Road beyond DU

26 Jun 2016 | Ananya Borgohain and Shraddha Singh

When Delhi University announces its first cut-off list for undergraduate courses, predictably thousands of students will be rejected. Where do they go now when the frontiers they aspire for a successful future lead them to a dead end, ask ANANYA BORGOHAIN and SHRADDHA SINGH While Delhi University (DU) will release its first cut-off list for undergraduate courses on June 30, its St Stephen’s College had announced its own list last week...

Read More

STATE EDITIONS

All 110 ULBs included in AWAS Yojana

26 Jun 2016 | PNS | BHUBANESWAR

All the 110 urban local bodies (ULBs) of Odisha have been brought under the AWAS Yojana of the Odisha Urban Housing Mission. A State Level Sanctioning Committee held under the Chairmanship of Chief Secretary Aditya Prasad Padhi on Saturday took a decision on the matter...

Read More

SOUNDBITE

We don’t know why India showed its desperation and allowed the country to be equated with Pakistan on the issue of NSG membership.

Congress senior spokesman | Anand Sharma

I am actually dying to get married and have been waiting for the other party to agree. Men have no say... It's the women who decide it all.

Actor | Salman Khan

Brexit will provide the country better market access to the EU and England, even as there will be some market volatility for now.

State Bank of India Chairperson | Arundhati Bhattacharya
Page generated in 0.546 seconds.