Archive For The “Business” Category

Stalled AWACS deals hit Air Force

If airborne warning and control systems (AWACS) are considered “eyes in the sky”, India is battling debilitating cataract in this military arena. Even as China and Pakistan induct more such force-multipliers, the IAF is faced with a double whammy due to a deadlocked deal with Israel and Russia as well as painfully slow progress in indigenous efforts. IAF currently […]

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Global commercial aircraft market projected to rise $330 billion by 2022

The commercial aircraft market is driven by a number of factors such as skyrocketing passenger traffic, aviation network infrastructural improvements, development of quieter and fuel-efficient aircraft, and government initiatives taken by several national governments encouraging the domestic commercial aircraft market. Some of these include liberalized taxation regions, R&D investments, and measures that aid the indigenous […]

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French defence giant Safran keen to supply engines to HAL for indigenous helicopter

Safran Helicopter Engines, manufacturer of gas-turbine engines for both civil and military helicopters, is developing a new family of high-power engines called Aneto. The French manufacturer is looking to supply its engines to Hindustan Aeronautics Limited (HAL), which had floated a global request for information (RFI) for the purchase of engines to power its home-made […]

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Foundation for Dassault-Reliance aerospace park to be laid this week

French aircraft manufacturer Dassault Aviation and Anil Ambani-promoted Reliance Aerospace Ltd will this week lay the foundation stone of an aerospace park which will manufacture aircraft components for the Indian and the global market. French Defence Minister Florence Parlay, top officials of Dassualt Aviation and Chairman of Reliance Group Anil D Ambani are scheduled to […]

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What India’s Largest Aerospace Company With $10-Billion Orders Makes

State-owned fighter jet maker Hindustan Aeronautics Ltd. has filed to launch an initial public offering as the government looks to sell 10.8 percent stake in India’s largest aerospace company. It plans to raise up to Rs 1,500 crore in the share sale. HAL is crucial to Prime Minister Narendra Modi’s plan to cut dependence on defence imports. […]

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Dassault to Invest 100 Million Euros in Indian Venture with Reliance

French major Dassault Aviation will invest over 100 million euros in a joint venture with Reliance Aerospace to manufacture aircraft components as part of the ‘offset obligation’ connected to the purchase of 36 Rafale fighter jets from France. The Dassault-Reliance joint venture represents the largest ever foreign direct investment in the defence sector in India, […]

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India, France Discuss Ways To Ramp Up Strategic Ties

India and France today held wide-ranging talks aimed at further boosting defence and security ties, with a focus on co-development of military platforms, and enhancing cooperation in the maritime sphere. Defence Minister Mrs Nirmala Sitharaman and her French counterpart Florence Parly deliberated on a host of key issues, including the regional security situation, transfer of […]

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Airfares to West Asia touch rock bottom

Low prices are due to off-season, arrival of Saudi Airlines Airfares of scheduled airlines and low-cost carriers, including foreign ones, to destinations in West Asia have touched rock bottom.Seats are available in the range of ₹5,300 to ₹15,480 from Thiruvananthapuram, Kochi, and Kozhikode. On October 8, a seat in economy class to Dubai is available […]

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ISRO hold talks with ArianeGroup

Collaboration being the global buzzword these days in space exploration, the ISRO is turning its gaze Europe-wards. Top VSSC officers and Paris-based ArianeGroup met at VSSC, Thumba, and held discussions to identify areas for possible collaboration.  ArianeGroup builds and operates the Ariane family of launch vehicles and is the European Space Agency’s (ESA) primary contractor […]

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ISRO-Nasa joint team confirms presence of aerosol over Asia

A joint study by the Indian Space Research Organisation (ISRO) and National Aeronautics and Space Administration (Nasa) of the US, which had commenced after satellite images showed the presence of an aerosol layer over the Asia region, has confirmed the same and has also found the presence of nitrate, which is a new finding. Aerosol, the sub-micron size particles suspended in air are […]

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