Godrej & Boyce partner with OF Chandrapur
Godrej & Boyce’s unit Godrej Tooling has partnered with the Ordnance Factory Chandrapur “to conceptualise and develop an indigenous Automated Assembly line for production of Pinaka rockets which not only has enhanced productivity but is equipped with advanced safety features in working with explosives and live igniters. The key advantages of Ordnance Factory Chandrapur include deskilling of operations, real-time quality monitoring of production, automated safety features, 4X increase in productivity in addition to greater availability for the defence forces”.
Turbulence continues for India’s airlines
including the Maldives, Sri Lanka, Singapore, Malaysia, Hong Kong, Russia, Uzbekistan and the Philippines.
With its fleet of 262 aircraft, the airline has operated 1,674 daily flights during the quarter and connected 62 domestic and 24 international destinations.
Vistara’s debut flight from Delhi to London
Commenting on the development, Dr GVK Reddy stated, “The aviation industry has been severely impacted by Covid-19, setting it back by many years and has affected the financials of Mumbai International Airport Limited. It was therefore important, that we bring in a financially strong investor in the shortest possible time to improve the financial position of MIAL, as well as to help achieve Financial Closure of the Navi Mumbai International Airport project, which is of national importance. It is under these circumstances that we agreed to cooperate with Adani so as to achieve these twin objectives. Further, when the transaction is consummated, which is subject to customary approvals, we would be reducing a significant portion of liabilities to our lenders, which is of utmost importance to the group”.
General Aviation Terminal at Palam
to suggest an official bid the due diligence is complete.” There has also been speculation about the Group planning to merge AirAsia India (in which Tata Sons owns 51% stake) and Air India into a single entity after buying out joint venture partner Tony Fernandes.
Advanced Missile Frigates at Goa Shipyards
yard, using indigenously developed steel and fitted with weapons and sensors along with Integrated Platform Management System. Construction of the P17A warships follow modern technology ‘Integrated Construction (IC)’methods with blocks are pre-outfitted before joining to reduce the build period.
4th Coast Guard OPV Sarthak