Bloomberg India has more than doubled the amount of coal small and medium companies can buy as the country aims to boost domestic sales of the fuel to reduce a glut. The cap was raised to 10,000 metric tons a year, from 4,200 tons set almost nine years ago, the coal ministry said in a notice. The new guidelines ...

  Kuala Lumpur / AFP An airbag made by Takata — the Japanese firm at the heart of the auto industry’s biggest-ever safety recall — ruptured after a crash in Malaysia which killed the driver, Honda said on Wednesday. “Honda has confirmed that the Takata single stage driver’s airbag inflator ruptured in a crash… in Malaysia” the carmaker said in ...

  JAKARTA / AFP An Indonesian power company said on Wednesday it had removed its founders last year and takes seriously allegations of “improper behaviour” after revelations US justice officials are probing Standard Chartered over suspected bribery at the firm. London-based, Asia-focused Standard Chartered, which controls the MAXpower Group, acknowledged it was being investigated by the US Department of Justice over ...