AI pilots union oppose hiring of commanders on contract

Last Updated: Sunday, March 1, 2015, 19:47

Air India pilots' today opposed the hiring of commanders on contractual basis from open market for the national carrier's Airbus A320 fleet when a good number of regular co-pilots were awaiting to go up the ladder.

L&T, Tata Power up as consortium shortlisted for Defence proj

Last Updated: Friday, February 27, 2015, 12:43

Shares of Larsen & Toubro and Tata Power surged more than 4 percent today after the Defence Ministry shortlisted a consortium of Tata Power-Strategic Electronics Division (SED) and L&T for the battlefield management project.

Alstom bags 25 mn euro contract from Delhi Metro

Last Updated: Friday, February 13, 2015, 18:07

This new line is expected to open in December 2016 and will be 59 km long and includes 38 stations.

SpiceJet's contract still stands: Boeing

Last Updated: Friday, February 13, 2015, 17:49

Underlining that it wants to see its customers healthy, Boeing India President Pratyush Kumar said, "We want to be responsive to our customer's requirements. All I am saying is that there is no change in status".

HAL bags Rs 1,090 crore defence contract

Last Updated: Thursday, February 5, 2015, 18:04

"This also reflects the trust of defence customers on HAL and we remain committed to supporting Indian Defence Services for all their needs," he added.

RBI eases forex hedging contract norms for exporters, importers

Last Updated: Wednesday, January 14, 2015, 19:59

Reserve Bank on Wednesday relaxed the norms for forex hedging for exporters and importers by allowing them to book forward foreign exchange contracts in excess of 50 per cent of the eligible limit.

Suzlon shares up 9% as subsidiary bags contracts

Last Updated: Monday, December 22, 2014, 19:14

Shares of Suzlon Energy rose by nearly 9 percent Monday after group firm Senvion SE bagged orders worth over Rs 420 crore for setting up wind power projects having nearly 64 MW capacity in the UK.

BHEL bags Euro 16.96 million contract in Turkey

Last Updated: Monday, December 22, 2014, 13:00

Valued at Euro 16.96 million (approximately Rs 130.8 crore), the order envisages dismantling, supply, civil works and erection & commissioning of the Electrostatic Precipitators.

Foxconn to halt India operations

Last Updated: Friday, December 12, 2014, 09:00

It is said that the company will shut down its Indian operations on December 24. The fate of around 1,700 employees will now be uncertain.

Toshiba's Finnish subsidiary bags euro 1 mn/year contract

Last Updated: Thursday, December 11, 2014, 13:56

Toshiba Corporation's Finnish subsidiary, Landis+Gyr, has bagged a contract worth around 1 million euro per year from Elenia Oy - an electricity distribution firm in Finland - for the supply of transformers.

India seeking long-term oil supply contract with Canada: Moily

Last Updated: Monday, January 13, 2014, 13:46

India is seeking a long-term oil supply contract with Canada, oil minister Veerappa Moily said on Monday.

AAP to initiate schemes for labourers, contract workers

Last Updated: Sunday, January 5, 2014, 09:19

The Aam Aadmi Party government is initiating steps to implement welfare schemes for unorganised sectors workers in the city with an aim to fulfil another poll promise.