Modi, Sanchez unveil facility to manufacture military aircraft

Prime Minister Narendra Modi and Spanish PM Pedro Sanchez on Monday inaugurated the Tata Aircraft Complex in Vadodara, India's first private facility to build military planes, where C295 aircraft......

'India's aviation technology 20 years behind US, West'

India's aviation industry is 20-30 years behind the United States and other western nations, believes US envoy Timothy Roemer. Roemer made these comments after a visit to the Hindustan......

India, France to jointly develop jet, helicopter engines; to build submarines

India and France on Friday announced a raft of "ground-breaking" defence cooperation projects, including the joint development of jet and helicopter engines and the construction of three Scorpene......

CBI books scribe for giving false info to access 'sensitive' areas

The Central Bureau of Investigation has booked Delhi-based journalist Upendra Rai and chief security officer of a private aviation company for allegedly indulging in dubious financial transactions......

Tribunal orders liquidation of Go First

The National Company Law Tribunal (NCLT) on Monday ordered the liquidation of Go First, the budget carrier that stopped flying nearly three years ago after being bogged down by financial woes.......

Air India seeks help for selling securities of its PF trusts

Divestment-bound Air India is looking to sell securities of its two provident trusts AIEPF and IAEPF, and has sought applications for transaction advisors to help with the proposed sale of the......

Good news for RIL, ONGC as govt scraps windfall tax

The government on Monday scrapped 30-month old windfall profit tax on domestically-produced crude oil and on export of jet fuel (ATF), diesel and petrol following a decline in international oil......

Air India seeks $2.3-billion ECBs to pare debt

State-owned National Aviation Company of India Ltd (Nacil), which runs Air India, has approached the government to raise $2.3 billion through external commercial borrowings (ECBs) as part of a plan......