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Aerostaff Australia

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Auto parts cos drool over aviation, defence space

A week ago, the Mahindra & Mahindra group bought majority stakes in component firm Aerostaff Australia and aircraft maker Gippsland Aeronautics for Rs 175 crore (Rs 1.75 billion).Aerostaff supplies......

Mahindra to launch first small aircraft in India in 2 years

Mahindra Aerospace, the aircraft and components manufacturing arm of Mahindra group, will start producing the first eight-seater aircraft in India in the next two years. "You can expect that within......

M&M to bring acquired Boeing unit to Bangalore

Mahindra & Mahindra has decided to dismandle its recently acquired Boeing plant in Melbourne, Australia, which makes machinery for aircraft, and shift it to Bangalore.It is also in talks with some......

Anand Mahindra offers to resign from AI board

Mahindra & Mahindra vice-chairman Anand Mahindra on Monday offered to resign from the board of NACIL that runs state-owned carrier Air India, citing conflict of interest.In a letter to Civil......

Mahindra's plane to be 20% cheaper than Cessna

Mahindra & Mahindra, the tractors to information technology conglomerate, will launch its first indigenously built aircraft before March, at a price at least 20 per cent cheaper than an equivalent......

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