Topic: Finmeccanica
Navy to scrap plans to procure guns from US, considering ‘Make in India’ route now
The Navy’s original plan was to procure the 127 mm guns from the Italian firm Oto Melara, but the deal got stuck due to the VVIP chopper scam.
Ghost of Finmeccanica behind it, Indian Navy to finally get its big guns as US steps in
US-manufactured guns were shortlisted after Modi govt decided not to deal with VVIP chopper-scam tainted Finmeccanica, the main supplier of guns to the Navy.
CBI files 30,000 page chargesheet in AgustaWestland chopper scandal
Former IAF chief SP Tyagi and 8 others have been named in the chargesheet.
On Camera
YourTurn
1990s house music and fashion are back — unfortunately, so is a 1970s economy
It may be fear of recession that’s driving today’s obsession with all things early ‘90s. The period was characterised by a dismal economy and large-scale unemployment.
Three charts show trouble for Indian stocks and why its unlikely to end anytime soon
The S&P BSE Sensex Index has fallen more than 15% from its October high, nearing the 20% loss that denotes a bear market.
Defence
Almost 4,000 enrol for IAF’s Agnipath recruitment scheme on day 1 of online registrations
These registrations pertain to the Indian Air Force's Agniveer Vayu programme. The online portal for the first phase was opened at 10 am Friday, and will close on 5 July.
With Agnipath, Modi govt’s shock & awe doctrine may have misfired a vital reform, yet again
Modi govt's biggest flaw has been its disinclination to accept limitations of electoral majorities. This ruined land acquisition and farm reform, stalled labour codes.