Monday, 2 May 2016

Government defers approval to AgustaWestland FDI in Indian JV

SOURCE: PTI Amid a raging row over alleged kickbacks in the AgustaWestland helicopter deal, the Foreign Investment Promotion Board has deferred a decision on increase in FDI in the Italian firm’s joint venture with Tata Sons. Indian Rotorcraft, a joint venture of AgustaWestland (a Finmeccanicacompany) and Tata Sons for setting up an assembly line for the […]

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