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Centre okay with Boeing aircraft to replace ageing IL-76 fleet

Keen on replacing the ageing Russian IL-76 transport aircraft in the Indian Air Force (IAF), the ministry of defence has approved in principle the purchase of the US-based Boeing's C-17 heavy-lift Globemaster III. The deal is worth over $2 billion.

Corporate Notes

Mahindra Satyam is reportedly on the verge of finalising a deal to payback an undisclosed sum to the Victorian government following the collapse of a $75-million IT project in Geelong.

Ticket to the hinterland

Best summer projects from students of some of the leading business schools across the country were recently felicitated by Rural Marketing Association of India, at the third edition of the ‘Uncover Rural Markets Awards’.

Kushinagar airport gets Centre nod, to invite bids

A committee headed by the infrastructure and industrial development commissioner has cleared request for qualification and request for proposal for the project and the document now awaits nod from the state Cabinet before the bid process is set in motion.

HDFC Bank-CBoP: Merger a win-win in competitive times

The HDFC Bank-CBoP merger is expected to be a win-win for both banks in terms of both asset size and footprint, as the market gets competitive by the day.
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