India says freezes Finmeccanica payments in chopper bribery case

NEW DELHI Thu Feb 14, 2013 7:03pm IST

A helicopter is seen silhouetted in Kandahar province, southern Afghanistan, March 20, 2009. REUTERS/Stefano Rellandini/Files

A helicopter is seen silhouetted in Kandahar province, southern Afghanistan, March 20, 2009.

Credit: Reuters/Stefano Rellandini/Files

Related Topics

Stocks

   

NEW DELHI (Reuters) - India has suspended payments to Finmeccanica (SIFI.MI) following allegations the Italian defence group paid kickbacks to swing a $750 million deal for 12 luxury choppers, India's defence ministry said on Thursday.

(Reporting by Manoj Kumar; Writing by Frank Jack Daniel; editing by Matthias Williams)

FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

India-WTO Row

TOP SHOWCASE

Truce In Gaza

Truce In Gaza

Israel, Palestinian militant groups begin 3-day Gaza truce.  Full Article 

Factory Data

Factory Data

Factories post fastest growth for 17 months in July.  Full Article 

Gold Smuggling

Gold Smuggling

In cat-and-mouse game, India uncovers new gold smuggling route.  Full Article 

Banking On 'Zest'

Banking On 'Zest'

Tata Motors bets on new sedan to revive weak India sales.  Full Article 

India-US Ties

India-US Ties

India, U.S. stress strategic ties but tensions remain.  Full Article 

England Beat India

England Beat India

Moeen puts India in a spin as England level series  Full Article 

Pune Landslide

Pune Landslide

Rescuers slog through waist-deep mud to dig out submerged village houses after landslide.  Full Article 

For Tough People

For Tough People

Mountain bikers eye $1 million in 'toughest race on earth'.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage