News: Air India is facing increasing competition from other service airlines in domestic and international routes. So, the civil ministry has asked SBI Capital Markets to review Air India’s turnaround plan in view of changes in the operating environment and the airline’s inability to reduce losses. Description: In 2015, the airline ...

Agreement : During Obama’s visit, both countries had identified four “pathfinder projects” as well as decided to explore development of aircraft carrier technologies and jet engines. With the step towards the same, India and US have signed a new strategically important 10-year defence framework agreement setting the stage for co-development and ...

News: Larsen & Toubro (L&T) has received Rs 468 crore order for the design and construction of a floating deck for the Indian Navy. Description:   At L&T’s Warship Design Centre, complete design and engineering of the floating dock (FDN) will be under-taken. The floating dock will be capable of docking ...