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EMBRAER ACQUISITION
Mahindra to sell majority stake in aerospace subsidiary to Brazil's Embraer for Rs 5,100 croreMahindra & Mahindra Ltd has entered into an agreement with Embraer SA for selling a 51% stake in Novavaayu Aerospace Ltd. The total conside...- ED probes TMC's ₹5.22 crore advance for aviation servicesThe Enforcement Directorate is examining advance payments made by Trinamool Congress for future aviation services. These payments total ₹5....
- Solar's $1.3 bn bet is a turn for India's defence-industrial complexThe piece argues that Solar Industries’ ₹12,951-crore acquisition of South Africa’s Omnia Holdings could mark a new phase for India’s defen...
- TMC paid over 2X average rate for Carewell jet: EDThe Enforcement Directorate is investigating Trinamool Congress's aircraft charter payments. TMC paid substantially more per flying hour fo...
- ED moves to seek Cayman data in TMC fund probeThe Enforcement Directorate is seeking financial details from the Cayman Islands. This action is part of a money laundering investigation i...
- Assam: Defence ministry to acquire 333.662 acres for Artillery Brigade location planThe Ministry of Defence will acquire land in Assam's Udalguri district to establish units of an Artillery Brigade. The expansion is linked ...
- Defence capability bristling as Rs 2.4 lakh crore fresh deals get nodThe Defence Ministry has greenlit significant procurement deals exceeding ₹2.38 lakh crore, including unmanned strike aircraft and S-400 ai...
- Airbus mulls final assembly line in India after EmbraerAirbus is considering setting up a final assembly line (FAL) in India for its ATR regional aircraft, driven by the government’s push to exp...
- IAF tender for 60 multirole transport aircraft puts Brazil, US and Russia in raceIndia's Air Force is gearing up to acquire 60 new transport aircraft. Heavyweights like Brazil's Embraer, America’s Lockheed Martin, and Ru...
- KC-390 Millennium: Embraer positions NATO's new favourite for India's tactical airliftBrazilian aerospace firm Embraer is pitching its KC-390 Millennium for India's military transport aircraft deal, highlighting its versatili...
- Brazil's Embraer eyes stronger India foothold, begins talks with Air India, IndiGoEmbraer sees significant growth potential in India across commercial, business, military, and eVTOL aircraft segments. CEO Francisco Gomes ...
- Brazil's Embraer eyeing IAF's medium transport aircraft dealPresident and CEO of Embraer Defence and Security Joao Bosco Costa Junior said the company is in talks with Hindustan Aeronautics Limited (...
- Embraer deal: CBI probe to continue; new blacklisting policy soon, says Parrikar"The CBI investigation into the $208 million deal will go by Indian laws on corruption, kickbacks, whatever it is, subject to evidence," he...
- Kalyan Jewellers has acquired a twin-engine, Canadian-made Bell 427 helicopterTo support its rapid business growth and expansion across India, Kalyan Jewellers has acquired a twin-engine, Canadian-made Bell 427 helico...
- Defence Ministry approves $1.5 billion aircraft deal for NavySeveral global aviation majors including Lockheed Martin, SAAB, Dassault Aviation and EADS are in contention for this big contract.
- In-principle nod to IndiGo to acquire 150 planesGovernment has given in-principle approval to no-frill carrier IndiGo to start the process of acquiring 150 aircraft in addition to 100 pla...
- ET Awards: Business leader of the year - Anand MahindraThe poster boy of post-reforms India M&M boss Anand Mahindra dares to dream the impossible. Mr Mahindra surprised many by announcing his in...
- Sun group plans to enter aviation businessSun Network, the Chennai-based entertainment group, owned by Kalanidhi Maran, is said to be gearing up to enter the aviation sector.
- Paramount in acquisition mood post dealAfter it's deal with Brazil's Embraer, Paramount wants to acquire another airline to boost its network.
- Paramount, Embraer plan MRO facilityClose on the heels of ordering 40 Embraer aircraft for a list price of $2 billion, Chennai-based Paramount Airways is now looking at settin...
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