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India is stepping up the adoption of battery and alternative fuel-powered train engines as it moves to phase out diesel locomotives on short and medium-distance routes, following the near-complete electrification of its rail network.With just 405 route kilometres (rkm) left to be electrified out of a total 70,117 rkm, officials said the focus of the…
India’s Global Capability Centre (GCC) ecosystem is entering a decisive phase. Long seen as cost-efficient offshore back offices, GCCs are now becoming central to how global corporations build products, deploy technology and make strategic decisions. With evolving hiring patterns, and traditional IT services firms feeling the heat, the GCC story has moved well beyond topline…
NEW DELHI/BENGALURU: India on Friday inked an over $1 billion (Rs 8,900 crore) deal with US major General Electric (GE) for another 113 jet engines to power the much-delayed indigenous Tejas Mark-1A fighters. This may to some extent assuage the Donald Trump administration amid tariff tensions. The delivery of the 113 new GE-F404 engines to…
NEW DELHI: Indian state-owned firm Hindustan Aeronautics Limited (HAL) on Friday announced a $1 billion deal with US-based General Electric (GE) to supply 113 jet engines and a support package for India’s 97 LCA Mk1A fighter aircraft program.Sharing a post on X, HAL said, “The Hindustan Aeronautics Limited (HAL) has entered into an agreement with…
NEW DELHI: American automaker Ford is returning to India, but this time to manufacture engines and not cars. The company on Friday said it will invest Rs 3,250 crore to produce new generation engines at its Chennai plant.The automaker, which exited the Indian market in 2021, said it has signed a memorandum of understanding with…
NEW DELHI: IndiGo has placed a firm order for 30 more Airbus A350 aircraft, doubling its order for this wide body aircraft from 30 to 60. The airline had announced its intention to do so at IATA AGM in Delhi this June. It has signed an agreement with Rolls-Royce to equip its A350 fleet with…
