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AgustaWestland still owes India Rs 802 crore?

April 28, 2016
In a new twist to the AgustaWestland VVIP helicopter scandal, it has now come to light that the helicopter design and manufacturing company never returned the full down payment made by the Indian authorities for procuring the 12 choppers. According to …
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TRACK SENSEX, NIFTY LIVE: Who is moving my market today

April 28, 2016
Read more @11.32 AM: Shares of Granules India climbed over 4 per cent after the company said it saw its net profit for the quarter ending March 31, 2016 grow 48 per cent to Rs 33 crore on account of manufacturing efficiency. The company had reported a net …
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Reliance Defence enters into strategic partnerships with three Ukranian firms

April 28, 2016
Read more: Now Aditya Birla Group joins the Defence equipment manufacturing party As per the agreement with Antonov, both companies will jointly bid for the medium military transport aircraft programme of the HAL, and will collaborate for assembling …
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Yen strength continues as buyer is clear – BBH

April 28, 2016
Research Team at BBH, notes that there has been a surge in Japanese portfolio capital outflows and it appears that Japanese investors were not repatriating their foreign holdings as the safe have hypothesis would suggest, but buying prodigious (record …
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Dollar Losses Extended Ahead of the Weekend

April 28, 2016
At the same time, there has been a surge in Japanese portfolio capital outflows. It appears that Japanese investors were not repatriating their foreign holdings as the safe have hypothesis would suggest, but buying prodigious (record) amounts of …
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Companies get more friendly with differently-abled

April 28, 2016
“We are hiring such employees across functions, on the manufacturing side as well, we are also planning to hire additional 40-50 specially-abled employees,” said the spokesperson of Flex.
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Body of Russian officer killed in Palmyra brought back to Russia

April 28, 2016
Repatriating the body of Hero of Russia Sr. Lt. Alexander Prokhorenko, killed during a combat mission in Syria, was a matter of honor for the Russian Defense Ministry, the ministry said in a report, adding that Prokhorenko’s body had been held by terrorists.
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US economy stalls in first quarter as activity weakens broadly

April 28, 2016
Also hinting at a pickup in growth in the second quarter, the Institute for Supply Management’s manufacturing and nonmanufacturing surveys, which are closely correlated to economic activity, rebounded in recent months. While the Federal Reserve on …
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Pressure on banking sector, insurance demand not severely hit: Ajit Kumar, HCL Tech

April 28, 2016
In the oil & gas space, we see some pick up, utilities seem continuing their trajectory. Within the non-banking financial services, manufacturing is a bit of a problem and even the hi-tech industries are a bit of challenge. Other segments logistic …
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Sheetrock can be reused, again and again

April 28, 2016
The ideal solution for gypsum is a closed-loop reutilization of the material. That is, recycled material is returned to the wallboard manufacturer to re-enter the manufacturing process — so ensuring gypsum is not “lost” as it is with composting or …
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