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Giant Posco scraps India plant in blow to investment
South Korean steel giant Posco scrapped Tuesday a $5.3-billion deal to build a steel plant in India due to delays, in a blow to New Delhi's efforts to woo investors. ... more
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Alphasat and INSAT 3D fueled for Ariane 5 heavy lift dual launch
The two satellite passengers for Arianespace's next Ariane 5 mission are being fueled at the Spaceport, preparing them for a July 25 liftoff on the company's fifth flight in 2013 from French Guiana ... more
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Why Russia is still India's best bet for defense procurement despite problems
These are the difficult times for Russia as it no longer finds itself as singularly favored as it once used to some years ago in milking the lucrative Indian defense market. And yet the Russians are ... more
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Almost 6,000 people missing in India floods presumed dead
Nearly 6,000 pilgrims, tourists and others are believed to have died when flash floods and landslides struck northern India last month, officials said Monday. ... more
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