MoD nails Finmeccanica, protects current contracts

By Ajai Shukla Business Standard, 27th Aug 14 Three days ago, Defence Minister Arun Jaitley promised a new policy that would punish dishonest vendor companies without blocking Indian acquisitions and the flow of spares. On Tuesday, the ministry of defence (MoD) issued a directive on how it will deal with group companies of Italian defence giant, Finmeccanica, whose chief executive,



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