Germany, France, Italy and Spain join countries suspending AstraZeneca coronavirus vaccine
BERLIN :A cascading number of European countries — including Germany, France, Italy and Spain — suspended use of AstraZeneca’s COVID-19 vaccine Monday over reports of dangerous blood clots in some recipients, though the company and international regulators say there is no evidence the shot is to blame. Pune-based drugmaker Serum Institute of India partnered with […]
Cairn wants India to honour its word and pay $1.4 billion, shareholders to seek enforcement
NEW DELHI: British oil firm Cairn Energy plc on Sunday said its shareholders, including top financial institutions of the world, expect the use of the company’s “strong powers of enforcement” to recover USD 1.4 billion from the Indian government should it not keep its word of honouring international arbitration tribunal awards on retrospective taxes. Cairn […]
French giant Amundi threatens to divest SBI bonds over Adani coal mine loan
NEW DELHI: One of the State Bank of India (SBI)’s investors, French giant Amundi has announced that it would sell off its SBI green bonds if the bank grants a Rs 5,000 crore loan to Adanis Carmichael coal mine in Australia. Amundi holds 37 per cent stake in SBI Mutual Fund in the venture with […]
Three more Rafale jets arrive in India after flying non-stop from France
NEW DELHI: A second batch of three Rafale fighter jets arrived at Jamnagar airbase in Gujarat on Wednesday evening after flying non-stop from France, in a further boost to the strike capability of the Indian Air Force when India and China are locked in a bitter border row in eastern Ladakh. The IAF said the […]
Induction of Rafale jets into IAF crucial considering atmosphere on border: Rajnath Singh
NEW DELHI: India’s Defence Minister Rajnath Singh on Thursday used a ceremony marking induction of five Rafale jets into the Indian Air Force (IAF) to send a strong message to China over its belligerence in eastern Ladakh, saying national security is a major priority for India and it is determined to protect its territory. Singh said […]
5 Rafale jets arrive in India in a boost to IAF’s combat capability
AMBALA: India on Wednesday received its first batch of new multirole combat fighter aircraft in nearly two decades with the arrival of five Rafale jets, giving the country’s air power a strategic edge in the midst of a bitter border row with China in eastern Ladakh. The aircraft, having an undisputed track record and considered […]
International Space University in France pays tribute to actor Sushant Singh Rajput
NEW DELHI: The International Space University (ISU) in France has paid homage to Sushant Singh Rajput in a statement, saying the news of the actor’s death was “deeply saddening”. Rajput was found dead in his Bandra apartment on Sunday. According to an official, Mumbai Police found out during the probe that the 34-year-old actor was […]
Increased Indian investments in France in 2019: Report
NEW DELHI: Significantly ramping up investments in France, 18 Indian firms decided to invest there in 2019, taking the total number of companies from India with a presence in the European country to 120, a French Embassy statement said on Thursday. The Embassy cited the ‘Business France’s 2019 Annual Report on Foreign Investment in France’ […]
First Indian Air Force Rafale handover to the government of India
NEW DELHI: Today, Eric Trappier, Dassault Aviation Chairman and Chief Executive Officer, hosted the handover ceremony of the first Indian Air Force Rafale in Mérignac, Dassault Aviation’s Rafale final assembly facility. Ceremony hosted by Eric Trappier, Chairman and Chief Executive Officer of Dassault Aviation, under the high patronage of the Rajnath Singh, Minister of Defence […]
France’s Emmanuel Macron invites British PM Boris Johnson to visit
PARIS: France President Emmanuel Macron has invited new British Prime Minister Boris Johnson to see him in France “in the next few weeks,” an official at the Elysee palace said. Macron extended the invitation in a call late Thursday to Johnson from his official summer vacation residence in the south of France. In the call, Macron […]
France waived 143.7 million euro tax dues of Anil Ambani firm months after Rafale announcement
NEW DELHI: France waived taxes worth 143.7 million euros (Rs 1,200 crore) to a French-registered telecom subsidiary of Anil Ambani’s Reliance Communications in 2015, months after Prime Minister Narendra Modi’s announcement of buying 36 Rafale jets, leading French newspaper Le Monde reported Saturday, giving a fresh twist to the deal in the middle of the […]
Another blow to Boeing: Airbus bags $35 billion China deal for 300 jets
By Benjamin Katz Gregory Viscusi & Helene Fouquet Airbus SE secured a $35 billion jet deal from China during a state visit by President Xi Jinping to the French capital, dealing a fresh blow to Boeing Co. as it grapples with the grounding of its best-selling jet. The mammoth order consists of 290 A320-series narrow-body […]
Defence minister of India visits Rafale manufacturing facility in France
PARIS: Defence Minister Nirmala Sitharaman on Friday visited a production facility of French aerospace major Dassault Aviation near Paris where the Rafale jets to be supplied to India are being manufactured, official sources said. They said during her visit to the plant in Argenteuil, Sitharaman spoke to officials of the Dassault Aviation, the makers of […]
NCP backs demand for JPC probe into Rafale deal
PATNA: The Nationalist Congress Party (NCP) on Tuesday backed the demand for a Joint Parliamentary Committee (JPC) probe into the Rafale deal and asked the Centre to come out with a “white paper” on the matter. NCP national general secretary Tariq Anwar said that the BJP, which was in the opposition in the 1980s, had […]