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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.

FTSE 100 dips as strong pound dampens dollar-earners

Feb 13 2018

Britain’s top share index came under pressure from a firmer pound following some stronger than expected inflation data, though a rise among mining groups stemmed losses.

Jet Airways completes leasing,takes delivery of 8th Boeing 737

Feb 12 2018

Naresh Goyal-run Jet Airways has completed leasing plan of eight single-aisle Boeing 737s, which it had announced early this fiscal year.

BoE's Vlieghe: Further rise in UK rates likely to be appropriate

Feb 12 2018

“A further rise in interest rates is likely to be appropriate if all those trends continue and we are on a trajectory," Vlieghe said.

UK wage pick-up bolsters case for rate rise: BoE's Vlieghe

Feb 12 2018

Signs that British wages are beginning to grow more quickly, along with ongoing global economic strength, have bolstered the case for higher interest rates.

Airbus, Boeing maintenance push forces incumbents to rethink

Feb 09 2018

A push by Airbus SE and Boeing Co to capture more of the $77 billion global commercial aircraft maintenance, repair and overhaul (MRO) market.

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Global Markets

 

Stocks In News

 

KEC INTERNATIONAL

Promoter Instant Holdings bought over 1% stake, or 28 lk skares, in co for Rs 111 Cr

Shares acquired at average price of Rs 395.95

By Dec 2017, Instant Holdings held 1.80 cr shares, or 7.01% stake, in Co

Mint Reports

TYRE STOCKS IN FOCUS

Automotive Tyre Mfg Association says shortage of carbon black may shutdown plants

Demand supply gap has gone up to 20% in FY18

Financial Express Reports

HEG, GRAPHITE INDIA

Centre urges graphite electrode mfg cos to cut local prices

Also signaled possibility of introduction of an export tax

Graphite electrodes are used to melt scrap to produce new steel

Financial Express Reports

SUN PHARMA

Arm Buys 4.84% More Stake In Ranbaxy Malaysia For 1.66 Mn Ringgit

INDIA GRID TRUST

Acquires 46% stake in PTCL with a total Enterprise Value of Rs 232 Cr

Acquisition indicated to be completed by Q1 FY19

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