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Thanks to the lengthy government procedure to take decisions! The <a href="http://www.businessinsider.in/searchresult.cms?query=Indian+Coast+Guard">Indian Coast Guard</a>, which raised the demand for its own fleet of medium lift choppers after 26/11 Mumbai attacks, is finally close to getting it. 
 
The Mumbai attacks in 2008 exposed chinks in the <a href="http://www.businessinsider.in/searchresult.cms?query=surveillance+and+interception+capabilities+">surveillance and interception capabilities</a> of the force, so the demand was raised to cover larger areas faster with the new fleet. 
 
The coast guard currently operates ageing Chetaks as well as indigenous <a href="http://www.businessinsider.in/searchresult.cms?query=defence">Advanced Light Choppers (ALH) for patrolling</a>, search and rescue and casualty evacuation. 
 According to sources, <keyword id="6356166" type="COMPANY" weightage="60" keywordseo="Airbus">Airbus</keyword> as emerged as the lead bidder for Rs 2,000 crore contract to procure 14 helicopters. The EC 725 is learnt to have beat its competitor, Sikorsky's S 92 after commercial bids were opened earlier this month. 
 
While initially, three competitors were bidding for the contract, Italian firm <a href="http://www.businessinsider.in/searchresult.cms?query=Finmeccanica+">Finmeccanica</a> was dropped in 2014 after it came under a corruption taint following the VVIP chopper deal scandal. 
 
Both the EC 725 and S 92 managed to meet all the technical requirements of the coast guard after two years of extensive trials, the Airbus machine turned out to be cheaper, said senior officials. 
 
The contract will also lead to the pumping in of over Rs 600 crores into the <a href="http://www.businessinsider.in/searchresult.cms?query=Indian+defence+and+aerospace+manufacturing+sector+">Indian defence and aerospace manufacturing sector</a> as it carries an offset obligation of at least 30% for the winner. However, the conclusion of the contract would take a few more months after price negotiations with Airbus. 
 "We are in touch with the Indian MoD regarding the tender for 14 shore-based helicopters for the <keyword id="6375985" type="ORGANIZATION" weightage="100" keywordseo="Indian-Coast-Guard">Indian Coast Guard</keyword> and will be honoured to progress our discussions with them," an Airbus spokesperson said. 
 
(Image: Indiatimes)

Coast Guard to get its own fleet of choppers, demands for which were raised post 26/11 Mumbai attacks!

The CBI arrested former Air Force Chief SP Tyagi over alleged irregularities in the AgustaWestland VVIP chopper deal worth 3,700 crores. 
 
He was arrested along with his cousin Sanjeev Tyagi and lawyer Gautam Khaitan after hours of questioning. 
 
Tyagi, who retired in 2007, was questioned by the CBI extensively in the past in this case. 
 
All the 3 have been arrested on the allegations of accepting illegal gratification for exercising influence through corrupt and or illegal means, the CBI said. 
 
The former air chief has been accused of abusing his official position by corrupt means. 
 
This is the first high-profile arrest made by acting CBI chief Rakesh Asthana, who is in the headlines because of a row between the government and the opposition over his appointment a week ago. 
 
Asthana was given charge of the chopper deal investigation earlier this year. 
 
On January 1, 2014, India had scrapped the contract with Finmeccanica's British subsidiary AgustaWestland for supplying 12 AW-101 VVIP choppers to the IAF over alleged breach of contractual obligations and charges of paying kickbacks of Rs 423 crore by it for securing the deal. 
 
The CBI in the initial investigations into the AgustaWestland scam had found that former IAF chief SP Tyagi was indeed bribed by middlemen+ around the same time - 2004-2005 - that his cousins were given money, highly placed sources said. 
 
The CBI was looking into former IAF chief's investments in property and banks, especially after 2004-05, to ascertain the money trail in the VVIP helicopter scam. 
 
It had got Letters Rogatory (judicial requests) issued to multiple countries to gather more leads and evidences in this case. 
 
Sources said the agency had identified the alleged 'briber giver' (AgustaWestland), bribe takers (cousins of S P Tyagi), middlemen (Guido Haschke and Carlo Gerosa), bribe amount and to some extent the bribe route. It is now looking to establish where the money went after reaching Tyagi's cousins (Julie, Docsa and Sandeep). 
 
The Enforcement Directorate had in April this year summoned Tyagi in connection with its money-laundering probe in the Rs 3,600 crore .

CBI arrests ex-Air Force Chief SP Tyagi in VVIP Chopper Scam

The <keyword id="76451" type="COMPANY" weightage="60" keywordseo="Adani">Adani</keyword> Group is planning to invest in <keyword id="32723" type="COMPANY" weightage="60" keywordseo="Defence">defence</keyword> and aerospace production, thanks to Modi’s '<keyword id="6354869" type="UNKNOWN" weightage="80" keywordseo="make-in-India">Make in India</keyword>' campaign. 
 
According to media reports, the company is in talks with international defence companies for a strategic partnership to set up a defence manufacturing hub in India. It has been pitching its main asset — the country's largest private port with it’s sea and land links and the SEZ at Mundra in Gujarat. 
 
Sweden’s Saab is among the few companies being approached for these partnerships. The Swedish giant is already eyeing to set up production facilities in India. It wants major projects like the Rs 60,000-crore P-75I submarine contract and has proposed to manufacture the light Gripen fighter jet in India. 
 
Sources say Adani may also consider defence firms like Italy's Finmeccanica and US based Textron. The later owns BAE, which is being reviewed for a $700 million contract to supply howitzer guns to India. 
 
The Adani Group is the first among large Indian conglomerates to want to invest in defence and aerospace. Just last month the group has applied to the department of industrial policy &amp; promotion for a licence to manufacture helicopters under a new name — Adani Defence Systems &amp; Technologies Ltd. The sector has immense potential given that the country is one of the world's largest spenders in this area. 
 
(Image credit:Adani)

Watch out! Adani may raid the defence sector

An Italian court has found out that the UPA government concealed some critical issues in the <keyword id="1560103" type="UNKNOWN" weightage="100" keywordseo="VVIP-chopper-scandal">VVIP chopper scandal</keyword>, hiding several documents with investigators. The court has also found out that the main accused, the then Italian Prime Minister <keyword id="826514" type="PERSON" weightage="100" keywordseo="Mario-Monti">Mario Monti</keyword>, had tried to reach out to his Indian counterpart <keyword id="6359397" type="PERSON" weightage="100" keywordseo="Manmohan-Singh">Manmohan Singh</keyword>. 
 In the 225-page order, which was accessed by ET, the <keyword id="3336940" type="UNKNOWN" weightage="100" keywordseo="Court-of-Appeals-of-Milan">Court of Appeals of Milan</keyword> has given in depth details of its grounds for conviction. About the UPA government hiding important details, it observed: "This showing (of) a substantial disregard to arrive at a full explanation of facts (was) effectively demonstrated by the procedural behaviour of the Indian Ministry of Defence." 
 
The Italian court, which is equivalent to the High Courts of India, further speculated if all this was connected to a handwritten note that was recovered in March 2013 from former Finmeccanica head Giuseppe Orsi's prison cell. 
 
The note said, "Call Monti or amb. Teracciano in my name to ask him to call the PM Singh." Monti was the then Italian PM and Teracciano was his diplomatic advisor. 
 
The court then said that while it's not in a "position to determine what was the message that Orsi, during his detention, intended to send to the head of Government of India but the same can be guessed if we think about the outcome of requests for judicial assistance sent to Indian authorities." 
 
A footnote said that in April 2013, Italy had requested full documents related to the case from Indian government, but only three documents were provided and that too by as late as March 2014. The judgement, which also questioned the involvement of British middleman Christian Michel, makes extensive referrals to CAG’s report about the matter. 
 
In its ruling in the case, the Italian court had stated that the 2010 deal to purchase 12 VVIP helicopters by India from AgustaWestland involved corruption at international levels, which is why it had ordered a four-and-a-half-years jail term to the former head of the company, Giuseppe Orsi. 
 
It was in 2013 that the UPA government had cancelled the deal, saying that the integrity pact was violated. After that, most of the money paid to the Italian company has been recovered, while three VVIP choppers that were delivered to India are lying dormant. 
 
<a href="http://files.foreignaffairs.com/legacy/images/Singh2.jpg">Image source</a>

UPA government hid vital facts about VVIP helicopter scam, an Italian court reveals

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">REUTERS/Jonathan ErnstU.S. President Barack Obama delivers remarks on a nuclear deal with Iran at American University in Washington August 5, 2015.</div></div></div>Despite the fact that the US Congress has <a href="http://www.businessinsider.com/chuck-schumer-iran-no-vote-liberals-2015-8" target="_blank">yet to sign off on the Iranian nuclear deal</a>, Europe appears ready to forge ahead.Multiple European countries are already laying the groundwork for massive business opportunities in Iran.And the fear, <a href="http://www.wsj.com/articles/italys-ayatollah-gold-rush-1439393449">according</a> to The Wall Street Journal, is that such rapid investment could limit the possibility of crippling sanctions "snapping back" into action if Iran cheats or breaks any of the deal's commitments.The "snap-back" clause has been key for proponents of the deal - like President Barack Obama, who remains on the offensive trying to sell the deal to a skeptical Congress and American public."You might hear from critics that Iran faces no consequences if it violates this deal. That's also patently false," Obama said in a recent White House weekly address. "If Iran violates this deal, the sanctions we imposed that have helped cripple the Iranian economy - the sanctions that helped make this deal possible - would snap back into place promptly."But Switzerland, for example, has already <a href="http://www.reuters.com/article/2015/08/12/us-iran-nuclear-swiss-idUSKCN0QH22120150812">determined</a> that it will officially drop all sanctions against Iran. The sanctions, which had been suspended during the year-and-a-half-long negotiating process, blocked the trade of precious metals and limited the exchange of petroleum and petroleum products. "The Federal Council (government) wishes today's steps to be seen as a sign of its support for the implementation of the nuclear agreement and its interest in deepening bilateral relations with Iran," a Swiss statement said, according to Reuters. <div class="KonaFilter image-container display-table"><div><div class="image on-image">REUTERS/Ruben SprichIran's President Hassan Rouhani smiles during a session at the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2014.</div></div></div>Switzerland said it would re-introduce the sanctions if implementation of the agreement fails. But unlike Switzerland's more measured response, Italy has already signed a number of high-profile economic deals with Iran that could be significantly harder to roll back should the nuclear deal fail at curbing Iran's nuclear capabilities. <a href="http://www.wsj.com/articles/italys-ayatollah-gold-rush-1439393449">According</a> to The Journal, the Italian investment bank Mediobanca has signed a memorandum of understanding with Iran's Economic Ministry. Additionally, Italian industrial firm Finmeccanica has <a href="http://www.wsj.com/articles/italys-ayatollah-gold-rush-1439393449">agreed</a> to develop a $556 million power plant with Iran's Ghadir Investment Co, a firm that has been identified as a front company for the Iranian regime by the US Treasury Department. "The [Finmeccanica] plant deal, inked well before the [nuclear] deal even begins to be implemented, shows that U.S. sanctions can no longer deter global business from signing huge deals in Iran, even with the Supreme Leader's business empire," Emanuele Ottolenghi of the Foundation for the <keyword id="6354810" type="ORGANIZATION" weightage="100" keywordseo="Defense">Defense</keyword> of Democracies <a href="http://www.wsj.com/articles/italys-ayatollah-gold-rush-1439393449">told</a> the WSJ. <div class="KonaFilter image-container display-table"><div><div class="image on-image">Office of the Iranian Supreme Leader via APThe Iranian Supreme Leader on Tuesday, June 23, 2015.</div></div></div>There have already been troublesome signs as the deal starts to be implemented. Iranian Major General Qassim Soleimani recently visited Russia in late July and is thought to have met with Russian officials about the ongoing war in Syria. Soleimani, a US-designated terrorist, <a href="http://www.businessinsider.com/2-photos-of-irans-qassem-suleimani-on-front-lines-of-isis-war-2015-3">has also been spotted on the front lines in Iraq</a>, where he has <a href="http://www.businessinsider.com/iraq-operation-to-retake-fallujah-2015-7">been playing a major role</a> in commanding Shia militias that have been fighting alongside Iraqi security forces to drive the Islamic State (also known as ISIS, ISIL, and Daesh) out of the country.The Shia militias have emerged as the most effective fighting force against ISIS in Iraq, but some say the Shia fighters aren't much better than the ISIS terrorists they're trying to expunge. (Others, however, <a href="http://www.wsj.com/articles/iraqi-sunnis-shiites-find-some-common-ground-against-islamic-state-1428959064">have welcomed the Shia militias</a> as the best option for helping Sunni tribal fighters drive ISIS out of Iraq.)<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Thomson ReutersIranian Revolutionary Guard Commander Soleimani stands at the frontline during offensive operations against Islamic State militants in the town of Tal Ksaiba in Salahuddin province.</div></div></div>Soleimani's trip came about despite his listing on a UN travel ban. <a href="http://www.nytimes.com/2015/08/13/world/middleeast/us-says-iranian-military-figures-visit-to-russia-violates-un-ban.html">According</a> to The New York Times, Soleimani was first placed on the ban by the UN Security Council in 2007 due to his links to the nuclear and ballistic missile program. He was due to be taken off of the travel ban in eight years because of the Iranian nuclear deal. His travels despite the ban highlight the difficulties the US may face not only implementing the Iranian deal, but also getting the rest of the world to enforce rules or snactions that are flouted by Tehran.But more than any other, Switzerland's move displays evidence of the lack of US teeth on the issue.A US State Department spokesman warned Swiss companies earlier this week that they are still subject to US sanctions on Iran. But the spokesman also admitted that the US was caught almost entirely off-guard by the Swiss' move."We intend to continue aggressively enforcing those sanctions," State Department spokesman Mark Toner said. "But as to specifically what these sanctions were that lifted and how they'll affect, we'll have to look into that and get back to you with more detail." <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/mexican-drug-lord-el-chapo-life-2015-7">Inside the dangerous life of Mexican drug lord 'El Chapo'</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="AwODRrdjpxY0Wgl_KBKbxrL4_hnb_GZx" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

The world is already weakening one of the key 'checks' on the Iran deal

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Reuters/ Eduardo MunozHedge fund legend Paul Tudor Jones is the person who thought of the Robin Hood Foundation.</div></div></div>The Robin Hood Investors Conference, one of the most elite hedge fund gatherings, was held this week in New York City. The annual charity conference brings together some of the biggest names in the hedge fund industry to share their best trade ideas.Tickets to the event cost $7,500. The proceeds go toward the Robin Hood Foundation, an organization dedicated to fighting poverty.The conference is closed to the media.An attendee was kind enough to share their notes of some of the big bets being made by hedge fund titans.Here's a rundown: <ul><li>David Einhorn (Greenlight Capital): long Consul Energy (CNX) and Arkema (AKE)</li><li>Scott Ferguson (Sachem Head Capital): long Akorn (AKRX)</li><li>Zach Schrieber (PointState Capital): long Finmeccanica (FNC)</li><li>Michael Blutt (Constance Capital): long Mallinckrodt (MNK)</li><li>Dan Dreyfus (3G Capital): long Canadian National Resources (CNQ)</li><li>Samantha Greenberg (Paulson &amp; Co.): long Charter Communications (CHTR)</li><li>Larry Robbins (Glenview Capital): long HCA Holding (HCA), Monsanto (MON), and FMC Corp (FMC) </li><li>Philippe Laffont (Coatue Management): long Activision Blizzard (ATVI), Electronic Arts (EA), and Tencent Holdings</li><li>Whitney Tilson (Kase Capital): long Spirit Airlines (SAVE) and short Wayfair (W)</li><li>David Tepper (Appaloosa Management): short the Chinese yuan. </li><li>Dan Loeb (Third Point LLC): long Allergan (AGN)</li><li>T. Boone Pickens (BP Capital): $70 oil WTI by June</li><li>Izzy Englander (Millennium): long Nikkei 225</li><li> Oleg Nodelman (EcoR1): long Fibrogen (FGEN) and Retrophin (RTRX)</li><li> Anthony Bozza (Lakewood): short Universal Insurance Holdings (UVE)</li><li>Jamie Mendoza (Pacific Grove Capital): long Tempur Sealy International (TPX) and Mattel (MAT)</li><li>Neal Nathan (Totem Point): long Sony (SNE) and Woolworth's</li><li> Will Snellings (Mariana Fund): short 12-month CNH forwards and long BBA Aviation (London)</li><li> Lee Ainslie (Maverick Capital): long CommScope Holding Company (COMM)</li><li>Paul Tudor Jones (Tudor Investment): Federal Reserve won't hike until well into 1Q2016 and negative commodities until February 2016, and then they will rally into 2016YE. </li></ul>That's a wrap! <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/oil-company-chairman-kidnapped-in-taiwan-2015-10">The chairman of an oil company was allegedly kidnapped while walking down the street in Taiwan</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="ZyNmxneDqDAxd8_3xD3He3tcXgBC9G_9" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

An elite hedge fund conference was held in New York this week- here are all the trade ideas

<div class="KonaFilter image-container float_right click-to-enlarge"><div class="image"><a title_source="BI Intelligence" title_caption="" class="zoomin" href="https://static-ssl.businessinsider.com/image/5540eeff6da811f47a9128d5-960/biieconomicimpactdrones-2.png"></a>BI Intelligence</div></div>A growing ecosystem of drone software and hardware vendors is already catering to a long list of clients in agriculture, land management, energy, and construction. Many of the vendors are smallish private companies and startups - although large defense-focused companies and industrial conglomerates are beginning to invest in drone technology, too. <a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile">In the most recent in-depth report on drones from BI Intelligence</a>, we provide a list and brief profiles of dozens of civilian/commercial drone-systems and aircraft vendors that have come to prominence in recent years. This list is not comprehensive. (One market-research outfit, IBISWorld, has counted more than 60 UAV vendors operating in the US alone.) <ul><li>3D Robotics</li><li>Aerialtronics</li><li>Aeryon Labs</li><li>Airware</li><li>Altavian</li><li>Amazon Prime Air</li><li>Ascending Technologies</li><li>Aeronavics</li><li>AeroVironment</li><li>CybAero</li><li>DJI</li><li>Dreamhammer</li><li>EHANG</li><li>Facebook</li><li>Finmeccanica</li><li>Google</li><li>GoPro</li><li>Gryphon Dynamics</li><li>Hexo+</li><li>Honeywell</li><li>Indra</li><li>Insitu</li><li>Joby Aviation</li><li>Kespry</li><li>Matternet</li><li>Microdrones</li><li>Parrot</li><li>PrecisionHawk</li><li>Schiebel</li><li>SenseFly</li><li>Sky-Futures</li><li>Skycatch</li><li>Skydio</li><li>Skyspecs</li><li>SkyWard</li><li>Verifly</li><li>Zano</li><li>Well-known defense contractors: Boeing, Northrop Grumman, Textron, Lockheed Martin, Airbus, Elbit, and Aeronautics LTD. </li></ul>In full, the report: <ul><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile">Shows how the drone industry has begun to see some consolidation and major investments from large industrial conglomerates, chip companies, and defense contractors</a>. </li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile">Identifies the industries that will be the most promising target markets for drone tech vendors</a> </li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile">Explains why technology barriers are at once a roadblock and a huge business opportunity</a>. </li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile">Delves into how many of the notable early commercial UAV manufacturers are emerging outside of the US market</a> </li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Contains two detailed tables listing all the US companies already authorized to fly drones commercially, the brand/model of UAVs they'll use, and the applications they're supporting</a></li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Details the implications of the FAA's new proposed rules for commercial drones</a></li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Explores the top applications for commercial drones and why they have emerged as niches friendly to UAV technology</a></li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Lists the high-level attributes of UAV systems and hardware, and why there are certain obstacles that remain difficult</a></li><li><a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">Contains charts on commercial-drone market size, FAA exemptions, and direct economic impact</a></li></ul>To access the full report from BI Intelligence, sign up for a 14-day <a href="https://intelligence.businessinsider.com/aerial-drones-market-forecasts-regulatory-barriers-and-leading-commercial-applications-2015-1?utm_source=House&amp;utm_medium=Edit&amp;utm_term=IMDME-DRONESLIST-2015-4-29&amp;utm_content=link&amp;utm_campaign=BIIMobile" onclick="this.href = this.href + '-' + window.location.search.substr(1).replace(/\&amp;\=/g, '-');">trial here</a>. 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These are 44 of the major players in the fast-rising and rapidly consolidating global commercial drone industry

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>The International Consortium of Investigative Journalists (ICIJ) this morning <a href="http://uk.businessinsider.com/300-companies-including-pepsi-and-aig-are-securing-secret-deals-to-slash-taxes-2014-11">revealed the details of hundreds of secret tax deals</a> hundreds of world companies and the government of Luxembourg. 
The private deals, which appear to have saved more than 300 companies millions of dollars in tax, are completely legal in Luxembourg.
Here are the 310 companies - which include Pepsi and AIG - <a href="http://www.icij.org/project/luxembourg-leaks/explore-documents-luxembourg-leaks-database">named by the ICIJ in their database of leaked documents,</a> which includes 548 private tax rulings and corporation tax returns. We suggest heading over to the database for more context - it's a fantastic resource. 
Here's the full list (twenty-seven more company names are expected come over the next month):
2PCT 3i Abbott Laboratories ABN Amro Group Abris Capital Partners Abry Partners ABS - CBN Broadcasting Corporation Abu Dhabi Investment Authority Accenture ACE Group Acergy Group (now Subsea 7) Advent International Corporation AEA Investors AHW Capital Management AIG Alexander Eriksen Alfa Group Consortium Allco Finance Group Amazon AMB Property Corporation Amcon Allied Equity Holdings Ameriprise Financial AMP Capital Investors de Spoelberch Family Aozora Bank Apax Partners Guardian Media Group Apex Capital Management Apollo Global Management Apple Arcapita Arch Capital Group Archangel Diamond Corporation Arison Group Artal Group Ärztekammer Westfalen Lippe Atomico Audley Capital Advisors Avenue Capital Group Avery Dennison Corporation AVIVA AXA Group Babcock &amp; Brown Balderton Capital Ball Corporation Baloise Group Banca Delle Marche Group Banca Popolare Dell'Emilia Romagna Banco Bradesco Banco Itaú (now Itaú Unibanco) Banque Martin Maurel Baring Private Equity Asia Bayerische Landesbank BAYTEX Energy Corp BC Partners Belfor Bjarne Borg Blackstone Group Bluebay (now Royal Bank Of Canada) BNP Paribas / Crédit Agricole Boston Consulting Group Bridgepoint Brookfield Asset Management Bucher Industries Group Burberry Group Cargill Carlyle Group Catalyst Investment Managers CB Richard Ellis Group Centerbridge Partners Charterhouse Capital Partners Chateau De Berne Cheyne Capital Management China Petrochemical Corporation (Sinopec) China Yunnan Metallurgical Group CIRCOR CITCO Citigroup Cliffs Natural Resources CNP Assurances Coach Commerzbank AG Companhia Brasileira De Distribuição COMPASS Group Cordea Savills Covidien Group Credit Suisse Damovo Group Dawnay, Day &amp; Co. Dean Foods Delff Management Developers Diversified Realty Corporation DNB Nor Group Doughty Hanson Draper Fisher Jurvetson DST Systems State Street Group Dubai International Capital DUET Group Dyson EFG Group EMULEX Encore Consumer Capital Englefield Capital (now Bregal Capital) EQT Equity Trust (now Doughty Hanson) ESO Capital Group Eurohold European Property Investors EUSA Pharma (now Jazz Pharmaceuticals) EVRAZ Group Experian Fairfax Financial Holdings FedEx Corp Fidelity Field Point Group Financière Lafayette Finmeccanica Group Fonciere Inea Foresight Group Foster Wheeler Foyer Group FREO Group Friends Provident Fung Group Future Fund G.J. Hannink Gategroup Gazprom GE Group Government Of The Emirate Of Abu Dhabi Gigamedia Limited Group Gildemeister Group Glanbia GlaxoSmithKline Golden Gate Capital Golding Capital Partners Goodman Group Graymont Group Great Atlantic &amp; Pacific Tea Company Groupe Caisse D'Epargne / Groupe Banque Populaire Groupe LCF Rothschild (now Groupe Edmond De Rothschild) Groupe Rothschild Gruppo Banca Sella Harbinger Group Hauck &amp; Aufhauser Health Alliance Group Heinz Henderson Group HG Capital Hideal Partners Highland Capital Partners Hines HNA Group Home Credit Group HSBC Hutchison Group Hypo Real Estate Group IAM ICAP Iceberg Qapital IK Investment Partners IKEA Informa Intelsat Intergenia International Flavors &amp; Fragrances Intesa Sanpaolo Group Investcorp / Barclays IVG Immobilien J Chahine Capital J.C. Flowers Jardine Matheson Group JER Partners Jones Lang Lasalle J.P. Morgan Julius Baer Group Kaupthing Bank (now Arion Banki) KBL Lombard International Assurance King Street Capital Management Knight Business Kohler Landesbank Baden-Württemberg Langres Investment Limited Lehman Brothers Li Family Trusts Lion Capital Livingstone Brothers Lombard Odier Lubrizol (now Berkshire Hathaway) LVMH Moët Hennessy Louis Vuitton Macquarie Group Mark IV Industries Maus Freres McGraw-Gill Companies Mercapital (now N+1 Group) Merrill Lynch SATPO Group METTLER-TOLEDO Meyer Bergman Millipore Montagu Moorfield Group MYLAN Navistar / Caterpillar New Gulf Engineering Nikko Cordial Securities (now SMBC Nikko Securities) Nippon Sheet Glass Nordic Capital Nordson Northern &amp; Shell Oaktree Capital Management Office Depot Olayan Investments Company Establishment Olympus Capital Asia Pacific Century Group PALA Investments Palamon Capital Partners Paloma Industries Panorama Capital Paul Capital Pepsi Bottling Group Permira Perry Capital Procter &amp; Gamble Prospector Offshore Drilling Providence Equity Partners Prudential Public Sector Pension Investment Board QUAD-C Partners Quilvest Ramius Reckitt Benckiser Reso RMK Timberland Group Rockspring Rosebud Real Estate ROWAN Companies Rubus International Sanpaolo Group (now Intesa Sanpaolo Group) SBERBANK SCHAWK Schroders Ship Trust / Tree Trust Shire Signa SISK Group Skandinaviska Enskilda Banken SOCFIN Société D'administration Et De Gestion Atlantas SAGA Sportfive Group SR Technics Stabilus STAPLES STAR Capital Partners Starwood Capital Sun Capital Swire Group SYKES Enterprises TDR Capital Tele Columbus Tele2 Group Temenos Group TEVA Pharmaceutical Industries The Heesen Family Tiger Global Management Tiger Partners Timberland TINICUM TITAN International TMD Friction Tower 2008 Charitable Trust Towerbrook Capital Partners Trafalgar Overseas Tyco Group UBI Banca UBM Group UBS Unibanco Brazil (now Itaú Unibanco) Unicorn Investment Bank Unicredit Group United America Indemnity (now Global Indemnity) United Technologies Corporation UPLINE Group Value-Call Vastned Offices / Industrial NV Verizon Vermilion Energy Trust Veronis Suhler Stevenson Vers.Werk Der Zahnärztekammer Westf. Lippe Vistec Electronic Beam Lithography Group Vitec Group Vitruvian Partners Viva Group VKGP Vodafone Volkswagen Group VTS Group Warner Chilcott (now Actavis) WE Group Weather Investments Weatherford International Wendel Group WGZ Bank White Mountains Insurance Group Wolseley Wynnchurch Capital X-rite Yamana Gold York Capital Management

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