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MROS
MRO acquires UK based air compressor companyBoth MRO and Standard Air supply air compressor parts to various companies across the globe. While MRO’s supply base is spread across 72 co...15 Feb, 2022, 04.56 PM IST- New policy unveiled to make India global aviation maintenance hubUnder the new policy, the rate of lease rental would be decided through bidding instead of the current practice of having predetermined AAI...10 Sep, 2021, 07.12 AM IST
- Government announces new MRO policy for civil aviation space; seeks to attract investmentsAt present, most of the MRO (Maintenance, Repair and Overhaul) work is done outside India. The government has chosen 8 airports for MRO act...09 Sep, 2021, 10.08 PM IST
- Domestic aviation to be back to pre-Covid level in 3 months: Aviation secretary“In the next 2-3 months, domestic aviation will be back to normal... Big countries like India, which have a huge domestic market, is where ...07 Jan, 2021, 08.27 PM IST
- Indian aircraft maintenance industry takes offThe industry in India generates about $900 million annually and the industry is growing at a modest rate over years despite the aviation in...12 Oct, 2019, 07.06 AM IST
- Swiss flag 'organised crime' link in India money laundering trailThe disclosure has been made by the Money Laundering Reporting Office Switzerland (MROS), which is part of the Swiss Federal Office of Poli...30 Jun, 2014, 03.56 PM IST
- Aviation ministry to seek tax relief for MROsThe aviation ministry will seek some exemptions on the service tax for the aircraft MRO industry from the finance ministry on Friday.07 Feb, 2014, 07.18 AM IST
- Switzerland strikes a second blow against bank secrecySwitzerland will cooperate more closely on fighting money laundering, officials said on Wednesday, marking a further loosening of bank secr...17 Oct, 2013, 07.22 AM IST
- Aircraft maintenance, repair and overhaul industry calls for proper policyAircraft MRO business is currently worth USD 500 million and is likely to grow over USD 1.5 billion by 2020.28 Apr, 2013, 10.39 AM IST
- Budget 2013: Govt gives concessions to MROsCalling MRO as a nascent industry FM said during Budget speech that the sector has been offered some concessions.28 Feb, 2013, 04.27 PM IST
- Budget 2013: Air Works asks for cut in import duty on plane sparesMajor aircraft maintenance firm Air Works has sought slashing of import duty on airplane spares and service tax on MROs in the upcoming bud...25 Feb, 2013, 12.42 PM IST
- MRO is now the Bermuda Triangle of Indian aviation: S Ravinarayanan, CEO, Axis AerospaceWe should follow the Singapore model and create a top class MRO to cater to global markets than just for India.13 Jun, 2012, 02.29 PM IST
- Global aviation cos' India hub plans may create 6 lakh jobs over 10 yearsPlane servicing costs in India are $30-35 per man-hour in India, almost half of around $60 in other locations, attracting more companies to...26 Nov, 2009, 01.52 AM IST
- Suspected money laundering made record in 2008: Swiss govtSwitzerland saw a surge in suspected activities related to money laundering in 2008, with assets worth an all-time high of $1.65 bn involve...05 Apr, 2009, 07.16 PM IST
- Govt relaxes FDI norms; opens commodity exchanges, MROsThe amended policy allows 100% FDI in maintenance, repair and overhauling (MRO) facilities for aircraft as also aviation training units. Ho...30 Jan, 2008, 06.23 PM IST
- MROs, pilot-training centres attract PE fundsThe entry of big daddies such as the Tatas and global private equity players Texas Pacific Group, Istithmar and Goldman Sachs have re-ignit...23 Dec, 2006, 03.44 AM IST
- IBM to buy MRO software for $740mInternational Business Machines Corp (IBM), the world’s biggest technology services company, said on Thursday that it has agreed to buy MRO...04 Aug, 2006, 12.36 AM IST
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