British Airways owner IAG is in talks about acquiring new aircraft for its Level low-cost long-haul brand, as it drives expansion of airline, which was set up last year.
“Overall, it’s the MPC’s view that the economy’s speed limit is likely to be around 1.5 percent,” the former finance ministry official said.
Brazil’s minister said that Boeing, Lockheed Martin, SpaceX and other US aerospace companies have expressed interest in launching rockets from its Alcantara military.
Andy Haldane said he thought there was a chance that interest rates would need to rise faster than the central bank’s central view in order to bring inflation to target.
Cockpit Innovation, the venture fund of El Al Israel Airlines, said it had formed a strategic partnership with Boeing Co that will include an investment in Cockpit.
Airbus will continue to focus on the development of its existing twin-engined A350 jets, an executive from the European planemaker said.
Airbus expects to decide this year whether to increase output of the A350 jet, together with plans already under examination to increase single-aisle output to 70 planes.
Electric airplane start-up Eviation Aircraft is aiming for its 9-seat commuter aircraft to be flying passengers by 2021 after signing up Kokam as its battery supplier.
An independent US trade body said it rejected hefty US duties on CSeries jets partly because Boeing lost no sales or revenue when Delta Air Lines ordered.
British businesses plan to offer staff bigger pay rises this year due to a higher minimum wage and staff shortages, according to a BoE survey.
Ultratech Cement leads race to take over Binani Cement
Offers around Rs 6,200 cr, 20% stake in co to unsecured financial creditors
Dalmia Bharat offers Rs 6,300 Cr
Dalmia seen to lose as UltraTech offering equity stake to creditors
Final decision on winner to be ratified by NCLT
Business Standard Reporst
4 companies put in bids for 9 operational national highways under ‘toll-operate-transfer’ model
Brookfield Asset mgmt, Macquarie, IRB Infra and Roadis- NIIF are cos in fray
NHAI hopes to generate more than Rs 6000 cr Under TOT model
auction will involve five highways running across Andhra Pradesh and four in Gujarat
total length of these highways is just under 700 km
Successful bidder to get toll collection rights for 30 years
Ministry of Commerce recommended Central Govt Anti dumping duty on Dimethylacetamide
Recommend duty for 5 Yrs on DMAC originating from China and Turkey
Co bags Rajasthan Project
Received a LOI to construct, own, operate and maintain Fatehgarh-Bhadla transmission project in Rajasthan
Received LOI from PFC Consulting Ltd, an arm of Power Finance Corporation
With this project, ATL will strengthen its existing presence in Rajasthan with 2 operational transmission projects and 4 under construction assets
On completion of this acquisition cumulative transmission network will reach 12000 ckt kms, out of which ~9000 ckt kms under operation
Transformation capacity of ATL will also increase to 19,300 MVA from 35 substations
To be out of F&O if it does not declare quarterly results by March 1
All existing F&O contracts will expire on March 28
No fresh contracts will be available if the firm fails to submit results for quarters ended September and December 2017 by March 1