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A house submerged in sand due to floods in Srinagar, in Uttarakhand June 19, 2013. REUTERS/Danish Siddiqui

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Finmeccanica deal put on hold after bribery arrest: official

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A man holds an umbrella to shield himself from the rain on a beach in Mumbai June 13, 2013. REUTERS/Danish Siddiqui

The rains are here

Monsoon rains have covered India ahead of the usual date.  Slideshow 

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The headquarters of Italian defence and aerospace company Finmeccanica is seen in Rome May 3, 2012. REUTERS/Max Rossi/Files

The headquarters of Italian defence and aerospace company Finmeccanica is seen in Rome May 3, 2012.

Credit: Reuters/Max Rossi/Files

NEW DELHI | Wed Feb 13, 2013 7:41pm IST

NEW DELHI (Reuters) - India has suspended payments to Italian defence group Finmeccanica SpA (SIFI.MI) for a $750 million helicopter deal and won't take delivery of more aircraft until the completion of a Central Bureau of Investigation (CBI) probe into bribery allegations, a defence ministry source told Reuters.

(Reporting by Nigam Prusty; Writing by Manoj Kumar; Editing by Frank Jack Daniel)
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Comments (1)
SachiNewDelhi wrote:
Relieved to learn that Antony can “crack the whip” if needed.

@sach_bbsr

Feb 13, 2013 8:55pm IST  --  Report as abuse
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