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(Image from article: "India Rejects U.S. Bids for Big Order of Fighter Jets")

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Finmeccanica Chief Is Arrested in Bribery Case

Giuseppe Orsi of the the Italian state-controlled defense group Finmeccanica was arrested in an investigation centered on the sale of helicopters to the Indian government.

India Rejects U.S. Bids for Big Order of Fighter Jets

The United States lost a hard-fought competition to supply a new generation of fighter jets to India, which has listed two European manufacturers as the finalists for an order estimated to be worth $10 billion.

Timothy Roemer resigns as US ambassador to India

Saying he wants to spend more time with his family, Timothy Roemer expects to leave his post in New Delhi in June. There is speculation that the move is linked to India's decision to exclude 2 US companies from an $11-billion fighter-jet deal.

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