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The Delhi High Court has dismissed the challenge filed by Israel Military Industries (IMI) to its blacklisting, saying there was no merit in its petition.
The Delhi High Court has dismissed the challenge filed by Israel Military Industries (IMI) to its blacklisting, saying there was no merit in its petition.
In a statement issued on Thursday, the company said, “In all of its R&D and supply programs in India IMI has always acted legally, ethically, and in full compliance with its established corporate policy which mandates ethical business dealings.”
Unsurprisingly, India’s two largest defense suppliers are also the biggest exhibitors at the show. Israel has taken up the most space at the show with 1,293 square meters and Russia brings the largest number of companies to the show, with the count at 37.
The Delhi High Court has placed a hold on the acquisition of artillery guns by the Indian Army without its clearance. In the course of hearings of writ petitions filed by arms company, Singapore Technologies Kinetics, a bench comprising Justice Sanjay Kishen Kaul and Justice Rajiv Shakdher passed an interim order on May 02, 2011, asking the Ministry of Defense to refrain from awarding the tender without ‘leave and liberty of the court’.
The Indian government will soon decide on penal action against an Israeli defense company blacklisted in connection with a graft case filed by the Central Bureau of Investigation (CBI) against a former Ordnance Factory Board (OFB) chief, the Indian Upper House of Parliament, the Rajya Sabha was informed Wednesday.
The Indian Defense Minister AK Antony confirmed to Parliament on Tuesday, the recommendation of the Central Bureau of Investigation (CBI) for the blacklisting of six arms firms by the Ministry of Defense, Singapore Technologies, Israel Military Industries, TS Kissan and Company Private Limited and RK Machine Tools Private Limited, Rheinmetall Air Defence of Germany and a Russian firm called Cooperation Defence.
The Ministry of Defense has allowed user trials of five weapons systems that were held up due to allegations of corruption against two of the vendors involved in the trials, ST Kinetics and Israel Military Industries.