By T. S. Shankar Mumbai-based Jet Airways and its founder-chairman Naresh Goyal are hogging the media limelight for his business acumen in building a world-class private airline capitalising on the then Indian government’s ‘open sky policy’ in the early 1990s and then destroying it on a whim. Naresh […]
New Delhi: India‘s air force has signed a $12-million (Rs 90 crore) contract with the public sector RailTel Corporation of India Limited for two-year maintenance of its Air Force Network or AFNET, the company said in a regulatory filing to the bourse on June 25. The deal worth […]
New Delhi: In just over a year from today, the Indian Navy will add fifth Scorpene submarine to its fleet, a serious addition to the sagging conventional underwater fighting capabilities, taking the strength to 17 by 2021. This has been made possible with the successful launch of the […]
By Ayaskant Das New Delhi: The Narendra Modi government’s decision to offload up to 15 per cent of its share in Hindustan Aeronautics Limited (HAL) has met with opposition from employees of India’s lone, state-run aircraft manufacturer. But industry veterans feel a gradual disinvestment of the nation’s aerospace […]
New Delhi: India‘s lone submarine builder had a dream-like debut on the stock market today, finishing the opening trading day at Rs 173, a cool 19 per cent above its Initial Public Offering (IPO) price of Rs 145, strongly aided by its above par financial performance over the […]
