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quietly delivering value for over 25 years
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VOL 41. ISSUE 41
80p
23rd February to 1st March 2013
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Cameron woos India
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India is seeking to cancel a $750 million order for a dozen helicopters from Italian defence group Finmeccanica, the defence ministry said on Friday, responding to growing pressure over kickback allegations. India has frozen payments for the AgustaWestland helicopters pending an inquiry after Italian police earlier this week arrested the head of Finmeccanica, Giuseppe Orsi, in connection with the case. Continued on page 27
British PM David Cameron reached India on Monday with a 100 member trade mission including British Lords, MPs, Multinational corporates, several representatives from Small and Medium Enterprises (SME) with Indian connection and Universities. The tour aimed to strengthen the Indo-British trade and investment ties and address immigration issues. This was Cameron's second visit within 30 months of his last trip, before the Indian Prime Minister, Dr Manmohan Singh paid a return visit to Britain, as per the protocol. He went to Mumbai, Delhi, gave several speeches, visited St Xavier's College in Mumbai, Delhi University with Bollywood actor Aamir Khan, and awed the Indian population with his cricket skills and love for 'hot curry'. Continued on page 26
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