Defence deals with Finmeccannica put on hold: govt

SOURCE: PTI In the wake of alleged chopper scam, India has put on hold all procurements from Italian defence group Finmeccannica and its affiliate companies, a move that will hit hard acquisitions for the armed forces as it is taking part in projects worth over $8 billion ( Rs. 48,000 crore). In separate circulars, department […]



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