The newly built facility will be situated adjacent to the company’s existing unit where it manufactures landing gear components and hydraul...

Investing Rs 150 crore, AEPL would be setting up a new manufacturing facility, dedicated for civil aerospace production at Hosur over the n...

India’s auto component industry needs to increase value addition and deepen localisation to de-risk local manufacturing, simultaneously lea...

"This is a significant milestone not just for Raghu Vamsi, but for the state of Telangana. The contract is a testimony to our precision man...

The company's technology enhancements over the years, and a continuous culture of quality and industrial safety has made it a trusted partn...

With the govt powering ahead with its resolve to sell the airline, hectic efforts are on behind the scenes to pull it back from the brink, ...

WIN said Boeing has contracted Wipro Aerospace to manufacture strut assemblies for the 737 MAZ and Next-Generation 737 airplane programmes.

The agency filed two cases on the aircraft purchase deal, another on giving away the routes and started a preliminary inquiry into the merg...

Air India's owner – the government of India — is relieved that the operating profit will stem criticism that it is throwing good money afte...

In contrast, all other listed airlines in the country have made net profits during the same period on the back of lower fuel prices and ris...

Talks are being held under the RBI’s Scheme for Sustainable Structuring of Stressed Assets, which gives struggling companies another chance...

Mahesh Sharma informed the Rajya Sabha that Air India will make an operational profit of Rs 8 crore by the end of this fiscal.

The new boss at Air India wants to cut three years from the target set for the national carrier to turn profitable.

The Appointments Board headed by RBI governor Raghuram Rajan has shortlisted 10 candidates as heads of eight public sector banks.

In a first, the government is expected to appoint three women chiefs of public sector banks (PSBs), helping the state-owned entities match ...

The appointments committee will interview executive directors of ten public sector banks on January 4, 2012 for CMD post in six banks.