(Corrects spelling of defence minister's name to Antony from Anthony)
NEW DELHI (Reuters) - India has cancelled a $770 million helicopter deal with British-Italian company AgustaWestland after accusations it bribed officials, a top defence ministry official told Reuters on Wednesday.
Defence Minister A.K. Antony has said he did not believe AgustaWestland's denial that it paid bribes to swing the deal for the purchase of 12 helicopters for top politicians.
AgustaWestland, a division of Italian defence group Finmeccanica , denies any wrongdoing. A spokesman for India's defence ministry was not immediately available for comment.
(Reporting by Nigam Prusty; Editing by Louise Ireland and Anthony Barker)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app