Business Standard

Page 2 - Rolls Royce

Rolls-Royce plans to cut 2,500 jobs as CEO extends efficiency push

Erginbilgic is driving his turnaround effort deeper into the company after already switching some key management positions, including the head of the civil engine subsidiary

Rolls-Royce plans to cut 2,500 jobs as CEO extends efficiency push
Updated On : 17 Oct 2023 | 8:42 AM IST

JLL appointed as global real estate facilities manager by Rolls-Royce

JLL will operate as Rolls-Royce's strategic global facilities management partner across 15 million square feet of manufacturing, warehouse and office space at 44 sites in six countries

JLL appointed as global real estate facilities manager by Rolls-Royce
Updated On : 30 Aug 2023 | 12:27 PM IST

Rolls-Royce, oil-tanker crash: Kuber group director asked to join probe

Kuber Group director Vikas Malu, who was injured in a crash between a Rolls-Royce and an oil tanker that killed two people, has been sent a notice by police to join the investigation into the accident, an official said on Sunday. While the oil-tanker's driver and his helper were killed, the three occupants of the car, including Malu, were injured in the accident on the Delhi-Mumbai-Baroda Expressway near Haryana's Umri village on Tuesday afternoon. Malu has been asked to join the investigation, the senior police official said. Initial reports suggested that the oil-tanker was being driven on the wrong side of the road and it collided with the luxury car near Umri village under the Nagina police station limits However, according to the FIR registered on the day of the accident at the police station, it was the car that came from behind and hit the front tyre of the oil tanker. Because of this, the tanker overturned, according to the FIR. Police on Friday had said Malu was admitted

Rolls-Royce, oil-tanker crash: Kuber group director asked to join probe
Updated On : 27 Aug 2023 | 8:47 PM IST

Oil tanker driver, helper killed in crash with Rolls-Royce in Haryana's Nuh

An oil tanker driver and his helper were killed while three occupants of a Rolls-Royce were injured when the heavy vehicle crashed into the luxury car on the Delhi-Mumbai-Baroda Expressway in this district, police said Wednesday. The accident took place on Tuesday afternoon when the tanker, which was being driven on the wrong side, collided with the car near Umri village under Nagina police station limits, they said. Police said the limousine immediately caught fire after colliding with the tanker, but all its five occupants were rescued in the nick of time by their relatives who were closely behind in another car. Those killed in the crash were identified as tanker driver Rampreet and his helper Kuldeep, both residents of Uttar Pradesh, they said. The three injured, occupants of the luxury car, were identified as Divya and Tasbir, residents of Chandigarh, and Vikas, a resident of Delhi, police said, adding they are being treated at Gurugram's Medanta Hospital. Police reached the

Oil tanker driver, helper killed in crash with Rolls-Royce in Haryana's Nuh
Updated On : 23 Aug 2023 | 1:17 PM IST

Hyundai, Rolls-Royce profit increases; LVMH sales fail to impress

Boeing flipped to a $149 million loss in the second quarter despite higher revenue, as the plane maker struggled with higher costs in both its airline and defense business

Hyundai, Rolls-Royce profit increases; LVMH sales fail to impress
Updated On : 27 Jul 2023 | 12:20 AM IST

India-US jet engine deal: What are jet engines? Why is this deal important?

Technology around manufacturing jet engines capable of powering fighter aircraft is very closely guarded and remains the biggest impediment for countries wanting to develop their own combat aircraft

India-US jet engine deal: What are jet engines? Why is this deal important?
Updated On : 23 Jun 2023 | 3:50 PM IST

Will continues to assist authorities in probe into company: Rolls-Royce

A document showed earlier that India had filed graft case against Rolls-Royce and BAE Systems for "criminal conspiracy" in procurement and licensed manufacturing of 123 Hawk 115 advanced jet trainers

Will continues to assist authorities in probe into company: Rolls-Royce
Updated On : 29 May 2023 | 9:36 PM IST

CBI files case against defence firm Rolls-Royce in alleged corruption case

The CBI said that the case is related to alleged corruption by public servants in the procurement of 24 Hawk 115 Advance Jet Trainer Aircraft

CBI files case against defence firm Rolls-Royce in alleged corruption case
Updated On : 29 May 2023 | 4:00 PM IST

Rolls-Royce set to slash 3,000 jobs to streamline business: Report

Luxury car and jet engine manufacturer Rolls-Royce is reportedly planning to slash thousands of jobs, around 3,000 'non-manufacturing employees', as it aims to cut costs and streamline operations

Rolls-Royce set to slash 3,000 jobs to streamline business: Report
Updated On : 29 May 2023 | 11:58 AM IST

Rolls-Royce unveils Wraith Black Arrow: Full details of V12 coupe model

Strap: Rolls-Royce unveils the last edition of the wraith black model with a V12 engine and will develop only 12 units. Check new features here

Rolls-Royce unveils Wraith Black Arrow: Full details of V12 coupe model
Updated On : 21 Mar 2023 | 5:14 PM IST

Rolls-Royce unveils Wraith Black Arrow: Full details of V12 coupe model

Strap: Rolls-Royce unveils the last edition of the wraith black model with a V12 engine and will develop only 12 units. Check new features here

Rolls-Royce unveils Wraith Black Arrow: Full details of V12 coupe model
Updated On : 21 Mar 2023 | 5:14 PM IST

UK govt powers up Rolls-Royce's plan to build N-reactor on moon

The UKSA said it wanted to establish a new power source to support systems for communications, life-support and scientific experiments on the Moon

UK govt powers up Rolls-Royce's plan to build N-reactor on moon
Updated On : 17 Mar 2023 | 10:33 PM IST

Air India may find it cheaper to buy jets, thanks to Tata's credit profile

On the strength of its excellent financial track record, Tata Group was able to secure Power-By-Hour (PBH) agreements with engine manufacturers GE and Rolls Royce

Air India may find it cheaper to buy jets, thanks to Tata's credit profile
Updated On : 16 Feb 2023 | 11:35 AM IST

With Air India's A350 order, Rolls-Royce makes a comeback in engine market

Currently, the Rolls-Royce-powered fleet of Indian airlines consists of five Embraer ERJs of Star Air and six Boeing 757s of Blue Dart

With Air India's A350 order, Rolls-Royce makes a comeback in engine market
Updated On : 15 Feb 2023 | 7:51 PM IST

Rolls-Royce announces order of Trent XWB-97 engines from Air India

British engineering company Rolls-Royce on Tuesday announced that it has received an order from Air India for 68 Trent XWB-97 engines, in addition to an option for 20 more. The large A350 aircraft of Airbus are powered by Rolls-Royce XWB engines. Air India on Tuesday sealed an order for procuring 250 Airbus passenger jets. The order comprises 40 Airbus A350s and 210 Airbus A320/321 aircraft. Separately, Air India ordered 220 planes from Boeing. "This is the biggest ever order for the Trent XWB-97, which exclusively powers the Airbus A350-1000. Air India has also ordered 12 Trent XWB-84, engines, the sole engine option for the Airbus A350-900," the company said in a statement. It said this is the first time that an Indian airline has ordered the Trent XWB and the deal will make Air India the largest operator of the Trent XWB-97 in the world. Rolls-Royce Tufan Erginbilgic said that the announcement marks an "exciting and truly remarkable" occasion for Tata Group and Air India. "The

Rolls-Royce announces order of Trent XWB-97 engines from Air India
Updated On : 15 Feb 2023 | 7:11 AM IST

Rolls-Royce offers engine co-creation for medium fighter

'We are keen to partner India for co-development of combat engine technology in the country. We believe that such a partnership should result in the transfer of both know-how & know-why', says company

Rolls-Royce offers engine co-creation for medium fighter
Updated On : 14 Feb 2023 | 12:18 AM IST

GRSE partners Rolls Royce Solutions for building marine engines in India

GRSE and Rolls Royce Solutions will cooperate to manufacture under licence the technologically advanced MTU S4000 marine engines

GRSE partners Rolls Royce Solutions for building marine engines in India
Updated On : 28 Jan 2023 | 7:57 PM IST

GRSE signs pact with Rolls Royce Solutions to make marine diesel engines

Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a memorandum of understanding (MoU) with Rolls Royce Solutions of Germany for manufacture of high-quality marine diesel engines at the former's plant in Ranchi, an official said here on Saturday. The Indian Navy's Chief of Material Vice Admiral Sandeep Naithani was present at the signing of the MoU, he said. "The MoU deals with transfer of technology related to engine assembly, painting, parts sourcing and after-sales service for these engines that are to be assembled at GRSE's Diesel Engine Plant in Ranchi," the company official said in a statement. It will provide a great opportunity to local industry, particularly micro, small and medium enterprises involved in the manufacture of components and spares, he said. "Under the agreement, GRSE and Rolls Royce Solutions will co-operate in the licence production and localisation of the technologically advanced MTU S4000 governmental marine engines," the GRSE offic

GRSE signs pact with Rolls Royce Solutions to make marine diesel engines
Updated On : 28 Jan 2023 | 6:56 PM IST

Rolls-Royce's performance 'unsustainable', says CEO Tufan Erginbilgic

The new CEO Erginbilgic told employees that they lose money in every investment and investors were losing patience with the engineering group

Rolls-Royce's performance 'unsustainable', says CEO Tufan Erginbilgic
Updated On : 27 Jan 2023 | 12:04 PM IST

How feasible are Rolls-Royce and easyJet's hydrogen engines for planes?

Rolls-Royce and easyJet said that they have successfully run an aircraft engine using green hydrogen created by wind and tidal power

How feasible are Rolls-Royce and easyJet's hydrogen engines for planes?
Updated On : 30 Nov 2022 | 6:09 PM IST