US aviation and defence major Textron, which is looking at India as a major market in the coming years, on Tuesday named former HAL chief N R Mohanty as head of its operations in the country.
After India scrapped a contract for procuring VVIP choppers from AgustaWestland, American firm Textron on Friday said it is ready to offer its unique V-22 Osprey helicopter to India for ferrying its dignitaries.
The blame game has started after the government officially announced recently that the tenders for the acquisition had been scrapped due to Eurocopter fielding a civilian version of their helicopter for trials.
XTI Aircraft, a Denver, Colorado-based aerospace startup firm, launched an equity crowdfunding campaign.
The maximum number of banks are from the US (74), followed by China (29) and South Korea (26).
The DARIN-III navigation attack system allows a Jaguar pilot to feed in the coordinates of targets deep inside enemy territory.
The IAF is down to 34 squadrons. This will dip to 30 squadrons by the end of this decade, as nine squadrons of MiG-21 and MiG-27s retire.
'India has been placed at a level, which would ensure that red tape is cut away. That's the biggest assurance that one can get -- the biggest takeaway.'
The Sensex was up 70 points and the Nifty was up 20 points led by SBI on robust Q2 earnings.
