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MAHINDRA EMBRAER DEAL
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...- Embraer says Mahindra will be its partner for IAF's 60 transport plane tender, to partner with Adani for commercial planesBrazilian aerospace firm Embraer has partnered with Indian Mahindra Group for the Indian Air Force's transport aircraft programme. The part...
- 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...
- Boosting BRICS, Brazil eyes role in India's defence sectorEmbraer, the Brazilian aerospace powerhouse, is setting its sights on a lucrative contract with the Indian Air Force, proposing the KC-390 ...
- 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...
- 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...
- Adani takes a bigger bet on India’s skies with Embraer pact to build commercial planesAdani Aerospace & Defence has partnered with Brazil's Embraer to assemble commercial aircraft in India, a significant step for the 'Make in...
- Mahindra Group, Embraer ink pact to offer C-390 millennium aircraft to IAFBrazilian aerospace firm Embraer Defense & Security and India's Mahindra Group have signed a strategic cooperation agreement to jointly off...
- Russia set to re-enter medium transport aircraft supply contest of IAFRussia is interested in rejoining the competition to supply medium transport aircraft to the Indian Air Force, proposing the IL276. The MTA...
- Once-in-a-century Covid crisis is unleashing a new wave of mergers and acquisitionsWhile deals are fewer at an aggregate level since the beginning of the pandemic, deal activity is in sharp contrast with the contraction in...
- Beechcraft draws takeover interest from 3 suitors, including Mahindra & MahindraFirst-round bids are in and Beechcraft’s management team is scheduling talks with potential bidders, one of the people said.
- Air Force invites private companies to Rs 10k-cr bid for transport aircraft manufacturing"We have issued the RFP to eight OEMs (original equipment manufacturers) and they have five months to respond," Air Force spokesperson Gera...
- None of our M&As are done for ego or size: Anand MahindraAnand Mahindra, Vice chairman of M&M speaks about Reva electric company buyout and on how close he is to building globally competitive airc...
- Paramount Airways to buy back 5%Coimbatore-based business-class airline, Paramount Airways, is in advanced stages of discussion to buy back a 5% stake held in the company.
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