(From The Times of India)
Byline: Josy Joseph
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NEW DELHI: Emerging clean from almost two decades of corruption charges, the German submarine manufacturer HDW (Howaldtswerke-Deutsche Werft GmbH) has renewed its bid at bagging Indian Navy's proposal to buy submarines worth over $4 billion.
This could upset the force's strategy by delaying the crucial acquisition of the French Scorpene subs, for which negotiations have been completed, navy sources say.
Cleared earlier this month by a city court of a 15-year-old corruption charges, which resulted in HDW losing out lucrative Indian defence contracts, the company is now on an all out effort to …