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Reliance, Dassault strike defence partnership

  New Delhi / AFP India’s Reliance Group and France’s Dassault have signed a lucrative defence partnership as part of a fighter jet deal agreed between the two nations last month, the companies said on Monday. India signed a contract to buy 36 Rafale fighter jets for 7.9 billion euros ($8.8 billion), France’s biggest ever such sale, as the nation ...

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Coal India’s output drops amid weaker power demand

  BLOOMBERG Coal India Ltd.’s output fell year-on-year for a second consecutive month in September, signaling demand from power plants, its biggest consumers, remains weak. Production at the world’s biggest miner of the fuel declined 5.2 percent from a year earlier to 35.24 million metric tons in September, while shipments fell 6.6 percent to 37.74 million tons, according to data ...

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Vietnam seizes 300kgs of elephant tusks

  HANOI / AP Vietnamese authorities say they’ve seized 309 kilograms (682 pounds) of elephant tusks illegally imported from Nigeria. A customs official says the tusks were seized at Hanoi’s airport on Saturday. She said on Monday that the cargo had been declared as glass. She spoke on condition of anonymity because she was not authorized to speak to the ...

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