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

Economic Pulse

REUTERS SHOWCASE

Beheading Video

Beheading Video

Islamic State issues video of beheading of U.S. hostage.  Full Article 

Ukraine Crisis

Ukraine Crisis

Ukraine rebels say they are poised to recapture Donetsk airport.  Full Article 

Modi's 100 Days

Modi's 100 Days

100 days of Modi: Good for business, not so good for marginalised groups  Full Article 

India Win

India Win

India crush feeble England to clinch one-day series.  Full Article 

Power Outage

Power Outage

Mumbai hit by power cuts  Full Article 

Segway in India

Segway in India

Segway’s India business pegs hope on tech-savvy Modi   Full Article 

Photo Hacking

Photo Hacking

Apple says its systems not to blame for celebrity photo breach.  Full Article 

Reuters India Mobile

Reuters India Mobile

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