India says no to new deals with Finmeccanica
New Delhi (AFP) Aug 26, 2014 - India will not sign any new contracts with Italian aerospace giant Finmeccanica but will honour existing ones, a defence ministry source said Tuesday, after a chopper deal was scrapped over a bribery scandal. India cancelled a 556-million-euro ($753-million) deal in January to buy 12 luxury helicopters from AgustaWestland, which is owned by Finmeccanica, after Italian investigators began loo ... more

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