Lockheed Martin (NYSE: LMT) further emphasized its commitment to India by unveiling the F-21 multi-role fighter for India. Specifically configured for the Indian Air Force, the F-21 provides unmatched Make in India opportunities and strengthens India’s path to an advanced airpower future. The F-21 addresses the Indian Air Force’s unique requirements and integrates India into […]
Category: Deccan Chronicle
Deccan Chronicle
Bengaluru: IAF pays tribute to fallen comrade by flying in ‘missing man’ formation
Bengaluru: The city’s skies dazzled with somersaults and stunts by the metal birds that paid tribute to the Surya Kiran aircraft pilot killed in a mishap during rehearsal on Tuesday. The Jaguar, Tejas and Sukhoi 30MKI aircraft flew in the ‘Missing Man’ aerial salute formation in honour of Wing Commander Sahil Gandhi. The Rafale aircraft […]
Bengaluru: India needs 25,000 pilots in another 20 years
Bengaluru: European aircraft maker Airbus has predicted that in the next 20 years, to cope with the expanding commercial aviation industry, India will need at least 25,000 additional pilots. Globally, five lakh new pilots will be required in the next 20 years. Addressing the media at Aero India 2019, Mr Michael Chemouny, Head of Training […]
Saudi Aramco in talks with Reliance for joint investment in petchem, refinery projcts
New Delhi: Saudi Aramco, the world’s largest oil exporter, on Wednesday said it is in talks with Reliance Industries and other Indian companies for investing in petrochemicals and refinery projects in the country. The Saudi national oil company, which along with its partner UAE’s Adnoc has taken a 50 per cent stake in a planned […]
Coal India gets Sebi exemption for share buy back programme
New Delhi: Markets regulator Sebi on Wednesday exempted state-owned Coal India from complying with regulations with regard to its proposed buyback programme for 4.46 crore shares. Coal India had filed an application on February 12 with the Securities and Exchange Board of India (Sebi) seeking exemption from the strict enforcement of the buyback norms. The […]
Debt-laden Jet Airways edges closer to safety
India’s Jet Airways Ltd, after several attempts at finding help to save the carrier from a crippling pile of debt, last week approved a rescue deal which will make its lenders its largest shareholders and fix a near 85 billion rupee funding gap. Jet, which had debt exceeding 80 billion rupees (USD 1.12 billion) as […]
Bengaluru: Aero India Show begins! Mega deals likely today
Bengaluru: Sixty one aircraft, more than 400 exhibitors and counting! Do these numbers matter? Perhaps not, for the 12th edition of Aero India commencing at Air Force Station, Yelahanka, on February 20, could well turn into a venue where mega buck contracts will be announced between global majors in aerospace and defence and the Indian […]
Bengaluru: Made in India spares for Su-30MKI jets
Bengaluru: Irkut Corporation, a UAC member, which showcases the multi-role Su-30 MKI combat jets at the biennial air show, has announced that hi-tech components manufactured by Indian companies are being shipped as spares for the Su-30MKI/SM family of fighter aircraft to air forces across the world. A release by Irkut Corporation said the Su-30MKI programme […]
Hyderabad city takes a giant leap in aviation
Hyderabad: Safran Aircraft Engines is investing 36 million Euros (about Rs 2,904 crore) in its new plant in Hyderabad. The plant will be spread across 13,000 sq m, with 8,000 sq m devoted to workshops, in the Special Economic Zone of GMR near the airport. Construction is to begin from June 2019. The plant is […]
‘Indian Oil Corporation’ shut down affected dealer portal
Hyderabad: Through a screenshot posted on his Twitter handle, @fsc131y, the French researcher popularly known as Elliot Anderson claimed that data of over 6.7 million dealers and distributors associated with Indane, an LPG brand owned by IOC, was displayed on the website. As the news spread, IOC was quick to issue a statement. In a […]
Gadkari to inaugurate, lay foundation stone of Rs 11,595-cr highway projects in UP
New Delhi: Union Minister Nitin Gadkari on Wednesday will inaugurate and lay the foundation stone of Rs 11,595-crore highway projects in Uttar Pradesh, the government said Tuesday. In addition, the minister will also lay the foundation stone of several projects under the Namami Gange programme, accompanied by Uttar Pradesh Chief Minister Yogi Adityanath. “Union Minister […]
Govt clears Rs 30,274 cr Delhi-Ghaziabad-Meerut Regional Rapid Transport System
New Delhi: The government on Tuesday approved construction of a Rs 30,274 crore worth Regional Rapid Transport System (RRTS) to connect the national capital with Meerut through Ghaziabad. The decision was taken during the Cabinet meeting here. “The Cabinet has approved construction of Regional Rapid Transit System (RRTS) covering a distance of 82.15 kilometres,” Finance […]