Aviation
Jet Air lenders propose halving Goyal’s stake in $900m turnaround plan
09 Jan 2019
SBI has appointed Ernst and Young to conduct a forensic audit into Jet Airways' books from 1 April 2014, to 31 March 2018 and lenders will not release cash until they have the report on Jet Airways' business viability
Lenders ask Jet Air to submit revival plan by month-end
07 Jan 2019
Lenders are wary of taking Jet Airways to the National Company Law Tribunal for insolvency proceedings since they are not sure of the value of its assets, but expects partner Etihad Airways to buy more stake in the company
Rafale issue: Sitaraman lays bare Cong misinformation campaign
04 Jan 2019
When Congress had the chance, they preferred AgustaWestland, not HAL, to build helicopters, the defence minister said, even as she accused the Congress of not addressing Indian Air Force's needs when the party was in power
HAL gets nod to produce weaponised version of LCA Tejas
04 Jan 2019
The Centre for Military Airworthiness and Certification (CEMILAC) has given the final operational clearance to start manufacturing of the weaponised Tejas Mk1, while the actual final operational clearance will take place only after extensive tests and trial
Brazil's Embraer in deal to sell 80% of aviation business to Boeing
17 Dec 2018
The terms of the strategic partnership, announced today, however, remain unchanged from the joint-venture plans first announced in July, which still needs approval from the Brazilian government
London court orders extradition of Vijay Mallya
10 Dec 2018
The matter of extradition of Vijay Mallya to India has been referred to the Secretary of State and any decision on repatriation will have to be approved by the UK government
.webp)
