French newspaper Le Monde reported on Saturday that France waived a tax demand of 143.7 million euros on a French subsidiary of Reliance Communications in 2015 when it was negotiating to sell the jets to India
PARIS: The French government said on Sunday it feared damage to its relations with India after former president Francois Hollande stirred controversy about a major deal to sell fighter jets to New Delhi. Hollande, who left office in May last year, said on Friday during a trip to India that French jet manufacturer Dassault Aviation had been given no choice about its local partner in a 2016 deal with the Indian administration. The nationalist government of Narendra Modi agreed to buy 36 Rafale jets from Dassault, which…
NEW DELHI: India signed an inter-governmental pact on Monday to buy 36 French-built Rafale fighter planes, but the leaders of both countries said there was still work to do to finalise financial terms after months of talks.