Hindustan Housing Co Ltd

Rolls-Royce to Double Sourcing from India in 5 Years

Rediff.com10 Feb 2025

Aerospace major Rolls-Royce has announced its intention to double its supply chain sourcing from India over the next five years. The company plans to increase sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines to grow its presence and participation in India's defense sector. Rolls-Royce currently sources a wide range of high-precision parts and engine components from Indian partners for its civil aerospace, defense, and power systems businesses. The company highlights India's emergence as a preferred global sourcing hub and emphasizes its commitment to strengthening partnerships with both existing and potential Indian suppliers to develop capabilities for manufacturing complex engine components locally for global markets. Rolls-Royce highlights its established ecosystem of strategic partnerships, skilled talent, engineering and digital capabilities, service delivery, supply chain, and manufacturing in India, along with a history of successful technology transfer for licensed production of various engines in the defense domain. The company believes that strengthening the supply chain and enhancing ecosystem capabilities will pave the way for future co-production opportunities, supporting India's vision of becoming a self-reliant defense powerhouse. Rolls-Royce emphasizes its commitment to serving the needs of India's armed forces and its focus on participating in co-development opportunities for critical combat engine technologies.

20 years later: India's privatisation story off to 'Maharaja' start

Rediff.com8 Oct 2021

With the new owner shelling out Rs 18,000 crore for the buyout of 'Maharaja' this would be the highest ever amount garnered through privatisation or even the cumulative sum garnered through strategic sale in 1999-00 to 2003-04. The government had garnered roughly over Rs 5,000 crore during that five-year period by privatising 10 CPSEs.

After 20 years, privatisation programme in India off to 'Maharaja' start

Rediff.com27 Jan 2022

After a hiatus of nearly two decades, the government's programme to privatise state-owned firms restarted with the handing over of debt-laden national carrier Air India to the Tata Group. With the new owner shelling out Rs 18,000 crore for the buyout of the 'Maharaja', this would be the highest-ever amount garnered through privatisation, and is even more than the cumulative sum mopped up through strategic sales from 1999-00 to 2003-04. The government had in October last year inked the share purchase agreement with the Tata Group for sale of national carrier Air India for Rs 18,000 crore. Tatas would pay Rs 2,700 crore cash and take over Rs 15,300 crore of the airline's debt.

Stocks You Must AVOID or EXIT

Rediff.com26 Apr 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Is my portfolio good?'

Rediff.com31 Jan 2022

Ajit Mishra, vice president, research, Religare Broking, answers your queries.

Ask Ajit: 'Sold shares in panic. What to do now?'

Rediff.com1 Jun 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Corporates contributed Rs 379 crore to political parties in 8 yrs

Rediff.com8 Jan 2014

The Association for Democratic Reforms has stated in its report that 87 percent of the contributions or donations made to political parties in the past eight years were from business houses. The corporate houses contributed Rs 378.89 crore, constituting 87 per cent of the total contribution from known sources of political parties.

'Advisable to invest in markets now?'

Rediff.com7 May 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

ASK AJIT: 'This stock hits circuits often. What to do?'

Rediff.com29 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

ASK AJIT: Will these shares make me rich?

Rediff.com30 Dec 2021

Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.

Ask Ajit: 'Advice for small-time investor'

Rediff.com14 Jan 2021

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

ASK AJIT: Stocks You Must Exit

Rediff.com31 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

'FICCI is focusing on start-ups'

Rediff.com19 May 2023

'For our traditional membership base, it would be an access to disruptive ideas,' FICCI President Subhrakant Panda tells Asit Mishra/Business Standard.