New Delhi: India has removed restrictions to do defence business on Italian arms major Leonardo S. p. A., but with riders including the company not making any financial claims over past deals. India had barred Leonardo in its earlier avatar as Finmeccanica in early 2014, even before Narendra […]
New Delhi: India today listed a total of 23 global and domestic aerospace and defence companies that are barred or suspended from doing business since at least 2006. In a mandatory notification, the Ministry of Defence listed globally well-known companies such as the Agusta Westland International Limited from […]
New Delhi: The Indian Ministry of Defence today announced the extension of a ban on defence trade with Italian major Leonardo, which faced debarment from business dealings for the first time in 2014. In a notification put up on its website, the defence ministry said it “has again […]