ED has booked the case under provisions of the Prevention of Money Laundering Act (PMLA) after going through a CBI FIR, which was registered in the case in July this year
From SoftBank eyeing stake in Airtel's telecom biz and other assets to Anil Agarwal's expression of interest to revive Jet Airways, here are the top 10 business headlines for Monday
It is alleged that the total business of HAL with the Rolls Royce was around Rs 4,700 crore between 2000 to 2013
The Rolls-Royce Cullinan SUV was made available for sale in January at Rs 6.95 crore (ex-showroom India)
'We will not do hybrids or whatever. Our proposition is full electric', he said
The government published proposals last week to facilitate post-Brexit trade in goods with the European Union, but it gave scant detail about the future of services
Rolls said it hoped to manufacture a prototype version of its electric vertical take-off and landing vehicle within the next 18 months
Rolls-Royce said on Sunday it had drawn up plans for an electric vertical take-off and landing (EVTOL) vehicle, or flying taxi
The company had in January launched a strategic review of the division, which generated 2017 revenues of 817 million pounds but an operating loss of 70 million pounds
Rolls-Royce has 55,000 employees worldwide of which 26,000 are in Britain
Air New Zealand said earlier this month it would lease two Boeing 777s to cover for 787-9s that are affected by the Rolls engine issue
Rolls-Royce has been battling to fix a problem with the compressor in the Trent 1000 package C engines that power Boeing's 787 Dreamliner jet
Though the number of job cuts is not known, focus will be on white-collar staff rather than engineers and technicians
He says electrification of India presents a big opportunity for us to build hybrid solutions for consumers
The 111-year-old institution takes its sweet time on its stately, half-million-dollar cars
Rolls-Royce is a high-end engineering company focused on power and propulsion systems
Rolls-Royce has inked a pact with Garden Reach Shipbuilders & Engineers (GRSE) under which the former's MTU Series 4000 engines will be assembled at GRSE's Ranchi facility and later installed in naval vessels. As per the agreement, Rolls-Royce's 12V and 16V 4000 M90 type engines will be assembled in GRSE's diesel engine plant in Ranchi. An option for the local production of parts in the future was also agreed, Rolls Royce said in a statement. Besides, the agreement includes the transfer of MTU technology related to assembly, testing and painting. GRSE is a public sector unit while MTU is a brand of Rolls-Royce Power Systems. "This agreement strengthens our long-standing and successful partnership with MTU. It is an important contribution to our indigenisation programme in line with the government's Make in India strategy," GRSE CMD Rear Admiral (ret.) V K Saxena said. Under the partnership, the PSU plans to achieve 40 per cent indigenous content ...
Rolls took a hit from the drop in the value of the pound in the wake of Brexit
Rolls-Royce got a five-year reprieve from a British court from being convicted in criminal cases over graft charges
The company admitted to paying officials over $35 million at state-run energy companies in various countries