IAG in talks over new aircraft for low-cost airline Level

Feb 23 2018

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.

Bank of England's Ramsden says weak productivity is key for rates

Feb 23 2018

“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.

Boeing, Lockheed interested in launching rockets from Brazil

Feb 23 2018

Brazil’s minister said that Boeing, Lockheed Martin, SpaceX and other US aerospace companies have expressed interest in launching rockets from its Alcantara military.

BoE's Haldane sees upside risk to path for interest rates

Feb 21 2018

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.

Boeing partners with El Al venture fund Cockpit Innovation

Feb 21 2018

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 says to keep focusing on existing A350 jets

Feb 20 2018

Airbus will continue to focus on the development of its existing twin-engined A350 jets, an executive from the European planemaker said.

Airbus studying increase in A350 output: CEO Tom Enders

Feb 15 2018

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 aims to enter service in 2021

Feb 15 2018

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.

US ITC details why it rejected Bombardier’s CSeries duties

Feb 15 2018

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.

UK firms plan to raise pay by 3.1 percent in 2018: BoE survey

Feb 14 2018

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.

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Stocks In News



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

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