Indian Government cancels all Finmeccanica orders

Indian government has cancelled all ongoing tenders for defence equipment won by Italy’s Finmeccanica.  The step was close to blacklisting the firm which is already under scanner for bribery in the AgustaWestland VVIP chopper scam. Manohar Parrikar, Union Defence Minister, confirmed that the firm would be blacklisted the process has already begun with a note sent to the Law Ministry. To get latest current affairs view here.

Defence Minister Manohar Parrikar

 

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