By VIVEK RAGHUVANSHI
NEW DELHI — India has formally banned six defense companies — including Singapore Technologies Kinetics, Israel Military Industries (IMI), Zurich-based Rheinmetall Air Defence and Russia’s Corporation Defence — from doing business with the state-owned Ordnance Factory Board and the Ministry of Defence for the next 10 years, the ministry announced.
All six companies are connected with the bribery scandal that led to the 2009 arrest of Sudipto Ghosh, the former director-general of the Ordnance Factory, according to the ministry’s official statement.
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