News for 'National Aircraft Company of India Limited'

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

UAE to store 30 mn barrels of crude in India's petroleum reserve: Misri

Rediff.com7 days ago

Foreign secretary Vikram Misri on Friday shared key details on agreements between India and the UAE, stating that the UAE will store up to 30 million barrels of crude oil in India's strategic petroleum reserve following Prime Minister Narendra Modi's visit.

In UAE, Modi offers help to end West Asia crisis

In UAE, Modi offers help to end West Asia crisis

Rediff.com7 days ago

Prime Minister Narendra Modi has offered India's support to bring peace to West Asia during talks with UAE President Sheikh Mohamed bin Zayed Al Nahyan. Both countries signed agreements to strengthen strategic collaborations in energy and defence.

'Oil Is Not The Problem. The Bigger Problem Is Gold'

'Oil Is Not The Problem. The Bigger Problem Is Gold'

Rediff.com4 days ago

'Every year we import approximately $70 billion worth of gold -- closer to $72 billion in 2025-2026, an all-time record.' 'There is no parallel for this anywhere in the world. And this love for gold will not disappear overnight.'

As IAF eyes 80 transport planes, Lockheed offers C-130J mega hub in India

As IAF eyes 80 transport planes, Lockheed offers C-130J mega hub in India

Rediff.com28 Dec 2025

If Lockheed Martin gets the opportunity, then it will set up a mega hub in India to produce the "iconic" aircraft and it will be the first such global facility outside of the US, top officials of the company told PTI.

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Lockheed Martin plans C-130J Super Hercules co-production hub in India

Rediff.com9 Dec 2025

Lockheed Martin plans to establish a C-130J Super Hercules co-production facility in India, the first outside the US, as the IAF seeks to procure new transport aircraft.

What Happens When Trump's Deadline Expires?

What Happens When Trump's Deadline Expires?

Rediff.com7 Apr 2026

Trump may strike. He may announce productive talks and extend again. He may do both at the same time. Iran will not open the Strait on someone else's terms, so no matter what happens, that problem will remain unsolved. And the IRGC will still be collecting its $2 million toll from every ship bold enough to ask permission to pass.

The Importance Of Putin's India Visit

The Importance Of Putin's India Visit

Rediff.com4 Dec 2025

The enduring relationship between the two countries have survived the disintegration of the erstwhile USSR in 1991, the end of the Cold War and the regime change in both countries, points out Rup Narayan Das.

'Direct threat to US': Trump sanctions Indian firms

'Direct threat to US': Trump sanctions Indian firms

Rediff.com21 Nov 2025

The Trump administration has sanctioned entities and individuals from India involved in sales of Iran's petroleum and petroleum products, saying the funds from this trade support Tehran's regional terrorist proxies and procure weapons systems that are a direct threat to the US.

India's iron dome? Modi announces Mission Sudarshan Chakra

India's iron dome? Modi announces Mission Sudarshan Chakra

Rediff.com15 Aug 2025

Announcing the launch of "Mission Sudarshan Chakra", Modi said it will be aimed at neutralising enemy threat and enhancing India's offensive capabilities.

Modi, Sanchez unveil facility to manufacture military aircraft

Modi, Sanchez unveil facility to manufacture military aircraft

Rediff.com28 Oct 2024

Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.

'Biggest Meltdown In Indian Aviation History'

'Biggest Meltdown In Indian Aviation History'

Rediff.com12 Dec 2025

'It has got to be the biggest error in aviation. If it is the biggest error, then all those individuals in positions of power should be removed because they have caused the biggest meltdown in Indian aviation history.'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

'Venezuela's Current Leaders Gave Maduro As A Trophy To Trump'

Rediff.com8 Jan 2026

'Trump had done a deal with the current regime minus Maduro. The current regime is giving Trump entry into Venezuelan oil. They are obeying him and doing whatever he says.' 'They are happy because they have saved their heads by sacrificing only two, Maduro and his wife. Thousands of Venezuelan military leaders would have been jailed or killed in American action had Maduro stayed in power.'

National airlines fare poorly in punctuality

National airlines fare poorly in punctuality

Rediff.com4 Aug 2009

National carriers stood second-last among eight of the scheduled domestic airlines in percentage terms of on-time performance in departures during 2008, government said on Tuesday.

Why India Is Angry with Turkiye

Why India Is Angry with Turkiye

Rediff.com28 May 2025

India-Turkiye ties are strained over Ankara's Islamabad tilt, its arms links with Pakistan, and fallout from the Pahalgam terror attack.

Indian airlines face turbulence over new global emission norms

Indian airlines face turbulence over new global emission norms

Rediff.com22 Apr 2025

'CORSIA has set impossible targets. It tries to limit countries to the emission levels of the number of aircraft that they had in 2020. That has to be opposed.'

What To Expect At Aero India 2025

What To Expect At Aero India 2025

Rediff.com7 Feb 2025

'At Aero India 2025, be prepared to be inspired, awed, and educated,' says Air Commodore Rohith Vijayadev, Air Officer Commanding Yelahanka. 'Aero India 2025 promises to be more than just an air show; it is a celebration of innovation, collaboration, and India's growing leadership in global defence and aviation,' notes Air Commodore Nitin Sathe (retd).

India Set For Rs 32 Trillion Defence Budget... In 2047

India Set For Rs 32 Trillion Defence Budget... In 2047

Rediff.com2 Jun 2025

'Make-in-India played a key role in India's effective action against terrorism during Operation Sindoor.'

BSE 100 companies boost R&D, innovation challenges persist

BSE 100 companies boost R&D, innovation challenges persist

Rediff.com13 Oct 2024

Research and development (R&D) spending by BSE 100 companies has grown steadily, rising from 0.89 per cent of revenue in FY20 to 1.32 per cent in FY24, averaging around 1 per cent over the period in-between, according to data compiled from Bloomberg and company annual reports. Also, these companies more than doubled their R&D spending in absolute terms over these five years: From Rs 25,041 crore to Rs 63,072 crore. While this reflects a prioritisation of innovation, corporate R&D investment remains relatively conservative.

From Russia With Love

From Russia With Love

Rediff.com10 Oct 2025

Red Square and VDNKh easily rank among the most striking places I've visited -- both for their historical significance and architectural splendour.
My admiration for Russian culture, vision and ambition grew with every step as I clocked the miles, Nitin Sathe tells us after a visit to Moscow and St Petersburg.

Maldives resumes India-gifted Dornier, helicopters for evacuations

Maldives resumes India-gifted Dornier, helicopters for evacuations

Rediff.com27 Jul 2024

President Mohamed Muizzu, known for his pro-China stance, has thanked India for enabling the resumption of medical evacuation services with civilian aviation personnel from India.

European cargo airline moves tribunal to acquire 3 Jet Airways aircraft

European cargo airline moves tribunal to acquire 3 Jet Airways aircraft

Rediff.com14 Dec 2022

A European cargo airline has moved the National Company Law Tribunal seeking expeditious acquisition of three Jet Airways B777-300 aircraft. The application is by a Malta-based Ace Aviation VIII Limited, which emerged as a successful bidder in the auction of three Boeing 777-300ER aircraft. The firm is part of a Belgium-based cargo airline and its application will be heard on Wednesday.

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Direct tax: Budget 2025-26 eases burden, boosts spending and growth

Rediff.com3 Feb 2025

The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.

How India enhanced its military might in 2023

How India enhanced its military might in 2023

Rediff.com31 Dec 2023

India also went on an overdrive in expanding its military engagement with like-minded countries in its neighbourhood and beyond in the face of China's relentless attempts to become a regional hegemon and establish its primacy in South Asia.

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Modi inducts India-built aircraft carrier INS Vikrant into Navy

Rediff.com2 Sep 2022

Prime Minister Narendra Modi commissioned India's first indigenously designed and built aircraft carrier INS Vikrant in Kochi on Friday, that put India into a select league of countries with domestic capability to build such large war ships.

Aero India 2023 begins, to showcase atmanirbharta

Aero India 2023 begins, to showcase atmanirbharta

Rediff.com13 Feb 2023

Modi made the comments in his address after inaugurating the 14th edition of Aero India at the Yalahanka Air Force station complex on the outskirts of Bengaluru.

76 Indian military personnel replaced by civilians: Maldives

76 Indian military personnel replaced by civilians: Maldives

Rediff.com11 May 2024

However, the Maldives government has no intention of removing the doctors from India at Senahiya, a media report said.

56 C-295 transport aircraft to replace 60-yr-old Avros of IAF

56 C-295 transport aircraft to replace 60-yr-old Avros of IAF

Rediff.com9 Sep 2021

Sixteen aircraft will be delivered in a flyaway condition by the Airbus Defence and Space of Spain within 48 months of signing the contract while the remaining 40 planes will be manufactured in India, according to the defence ministry.

Biden, Modi likely to take forward GE jet engine deal

Biden, Modi likely to take forward GE jet engine deal

Rediff.com8 Sep 2023

United States President Joe Biden and Prime Minister Narendra Modi are expected to make meaningful advancements on the GE jet engine deal and civil nuclear technology during their bilateral talks, National Security Advisor Jake Sullivan was cited in a Reuters report.

Airline Threat Calls: 'Someone Is Testing Security Agencies'

Airline Threat Calls: 'Someone Is Testing Security Agencies'

Rediff.com22 Oct 2024

'Whoever is doing it (threats to airlines), they are actually carrying out a recce.' 'This is the manner in which terrorists strike.'

Another batch of Indian troops to depart Maldives this month: Muizzu

Another batch of Indian troops to depart Maldives this month: Muizzu

Rediff.com3 Apr 2024

Following a high-level meeting in New Delhi on February 2 between the two sides, India agreed to replace its military personnel operating the three aviation platforms in the Maldives by May 10. The first batch left the island nation well before March 10.

A P&W story: From giving wings to aviation in India to Go First grounding

A P&W story: From giving wings to aviation in India to Go First grounding

Rediff.com9 May 2023

Its association with India is over 70 years old and spans both civil and military aviation. The Douglas DC-3 transport aircraft used by the air force beginning the 1940s and the iconic Boeing 747 aircraft flown by Air India, both had Pratt & Whitney (P&W) engines. The Indian Air Force's present-day, heavy-lift C-17 Globemaster III and the yet-to-be-inducted C-295 planes, too, have P&W power plants.

Drone, jet engine deals will boost India-US defence ties: Experts

Drone, jet engine deals will boost India-US defence ties: Experts

Rediff.com22 Jun 2023

India is also likely to sign a deal to buy MQ-9B Predator armed drones from US manufacturer General Atomics.

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Rs 2,000 crore loans to Go First are now NPA: Central Bank of India

Rediff.com23 Oct 2023

Central Bank of India classified its loans to Go First as non-performing assets (NPAs) in the July-September quarter (second quarter, or Q2) of 2023-24 (FY24). The no-frills carrier has been under insolvency proceedings since May 2023 and ceased operating flights on May 3 this year. The public sector lender's exposure, including government-guaranteed emergency credit to the ailing airline, amounts to about Rs 2,000 crore.

Exim Bank, Air India sign $1-bn deal

Exim Bank, Air India sign $1-bn deal

Rediff.com29 Jan 2010

These purchases represent the third phase of Air India's 68-aircraft fleet renewal plan. EXIM Bank had earlier approved $1.2 billion in 2007 and $548.8 million in 2008 to support the financing of NACIL's purchases of Boeing aircraft.

Pilots Fume as DGCA Moves to Ban Perfumes

Pilots Fume as DGCA Moves to Ban Perfumes

Rediff.com6 Oct 2023

DGCA's move seeks to ban perfumes for pilots as they have alcohol and can affect the results of breathanalyser tests. But the FAA and EASA have different standards, says senior journalist Shobha John.

Air India's new owner can sack staff

Air India's new owner can sack staff

Rediff.com30 Dec 2020

The new owner may be allowed to dispose of assets accruing from the 10-26 per cent of the net assets of the company.

India, France to jointly develop jet, helicopter engines; to build submarines

India, France to jointly develop jet, helicopter engines; to build submarines

Rediff.com15 Jul 2023

There was no word on the much-anticipated procurement of 26 naval variants of Rafale fighter jets by India from France.

India bags first BrahMos export order, Philippines signs $374m deal

India bags first BrahMos export order, Philippines signs $374m deal

Rediff.com28 Jan 2022

The BrahMos export order would be the biggest for the country in this field and is likely to propel India amongst arms exporting countries as more orders for the missile are expected from other friendly countries.

SBI-led consortium agrees to give loan to the Tatas for Air India

SBI-led consortium agrees to give loan to the Tatas for Air India

Rediff.com27 Jan 2022

A consortium of lenders led by State Bank of India (SBI) has agreed to provide loans to Tata Group for the smooth operations of loss-making Air India. Tata Group, which won the bid to acquire the national carrier along with Air India Express and 50 per cent stake in AISATS in October last year, is expected to formally takeover the airline on Thursday. Sources said the SBI-led consortium has agreed to grant both term loans and working capital loans depending on the airline's requirements. All large lenders, including Punjab National Bank, Bank of Baroda, and Union Bank of India, are part of the consortium, they added.

Major takeaways from Modi's maiden state visit to US

Major takeaways from Modi's maiden state visit to US

Rediff.com23 Jun 2023

Here are list of some of the big ticket announcements.