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Category Archives: Aviation

Modi officiates two mega projects

India to takes 900 planes this year Prime Minister, Narendra Modi, officiated at two mega projects on 18 Feb 2018 – a container terminal and a new airport in Mumbai, stressing the need for top quality infrastructure to keep pace with the globalization.

Alliance Air signs on P@WC

Three-year fleet maintain and service deal   Air India’s regional carrier Alliance Air has signed a three-year agreement with Pratt & Whitney Canada (P&WC) to deliver fleet maintenance services and support for PW127M engines.

Russia aims to progress on INSTC with India

Sokolov hopes New Delhi will use Russian expertise Russia wants to take forward the development of the International North-South Trade Corridor comprising (INSTC), road, rail, shipping and air links from India, Iran and Caspian Sea states.

MSMEs ventures into global space industry

MSMEs in dialogue with Southeast Asian companies Micro, small and medium enterprises (MSMEs) from India’s space and satellite sector are set to internationalize their sub-system manufacturing expertise through joint ventures with global manufacturers.

UTI FUND

Populous budget gives more than expected

Benefits for rural, social and infra sectors It is not surprising that the Union Budget FY19 has turned out to be populous, said Dr. Arun Singh, Lead Economist, Dun & Bradstreet – India.

AAI gives LoA to 90 RCS-UDAN proposals

Phase 2 remote airport links Airports Authority of India (AAI), the implementing agency, has issued Letter of Awards for 90 proposals received under Regional Connectivity Scheme (RCS) for everyone to fly (UDAN) after completion of the Second round of bidding.

UTI FUND

FDI liberalized further to woo investors

100% FDI in single brand retail and construction The Union Cabinet has approved to a number of amendments in the Foreign Direct Investment (FDI) Policy, liberalizing and simplifying so as to provide ease of doing business in the country.