Author: Moneycontrol

Govt to sell 51% stake in Air India? Aviation secy says not true

Union Civil Aviation Secretary RN Choubey on Tuesday denied that the government was looking to sell a majority stake

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AAI pays Rs 560 cr to govt as interim dividend

Airports Authority of India (AAI) declared an interim dividend of Rs 560 crore for the fiscal year 2016-17.

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Power Grid keen to buy more drones after successful initial run

Power Grid Corporation of India has found success with drones giving it timely updates on faults in

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Mahindra Aerostructures signs MoU with French firm Segnere

Mahindra Aerostructures today said it has partnered with French firm Segnere SAS to collaborate on airframe manufacturing opportunities and

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Comment: India’s defence sector opportunity – hype or $12 bn hope?

Media reports suggest that Warburg Pincus is likely to pick up a 40 percent stake in Tata Technologies (an

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RAL’s JV with Rafale manufacturer Dassault Aviation

Reliance Aerostructure Limited (RAL)'s Joint Venture with Rafale fighter jet manufacturer Dassault Aviation Dassault Reliance Aerospace Limited (DRAL) has

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M&M and Boeing in talks to manufacture jets for Indian Air Force

M&M and Boeing are in talks to plan to jointly manufacture twin-engine fighter aircraft in India if Boeing wins

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HAL ready to delist 10% stake, but IPO timeline not set yet

State-owned aerospace company Hindustan Aeronautics Ltd is prepping up for a public offer. The company is preparing for an

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Eight Tata companies to display defence, aerospace expertise

Eight Tata companies will exhibit their expertise and offerings in the Aerospace and Defence sectors at the five-day 11th

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Mixed reaction by aviation, tourism industry experts to Union Budget

Aviation and tourism industry experts today gave a mixed reaction on the Union Budget. Terming the Budget as "overall,

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