Bombardier

Discussions between Adani Defence & Aerospace and Canadian jet manufacturer Bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (MRO)

PM Modi recently said India will soon manufacture large passenger aircrafts. The country's aerospace industry is set for a paradigm shift. Will the dream of a made-in-India passenger plane take off?

Bombardier announced broader cost-cutting efforts to improve operating profits in 2021, after flagging likely layoffs in November

The 1,600 job cuts include reductions related to improvements in manufacturing its flagship Global 7500 jet, the company said

Motherson Sumi on Tuesday said it has inked a pact to acquire Bombardier's Mexico-based electrical wiring interconnection systems (EWIS) business for around USD 10 million

The Railways has invited 12 Request for Qualifications for private participation in operation of passenger trains over 109 origin-destination pair of routes

From govt calling off merger of three public general insurers to technology players in fray for railway signalling tender, here are top headlines of the day.

Though Railtel's arm hasn't mentioned the size of the tender, it is expected to be worth Rs 1,000-1,500 crore.

Mass transit systems, Metros in over 50 cities, modernisation of the Railways network, semi-high speed and high-speed trains offer huge potential to further optimise the transport system, Joisar said

The company claims that 1.4 million daily riders will benefit from the new metro services connecting the city clusters of Agra and Kanpur and iconic destinations such as the Taj Mahal

The three converted Q400 cargo planes will primarily be used for operations to smaller towns and cities

Bellemare, who took over the top job at Bombardier in 2015, has steered the company through some of its biggest challenges, including a brush with bankruptcy due to its costly C Series jet program

The memorandum of understanding between Bombardier and Alstom was approved by both companies' boards

The Canadian plane and train maker sold its minority stake in the A220 jet, formerly known as the CSeries, to Airbus SE for $600 million

Bombardier said in a statement it currently has no request for help before the Quebec government

Bombardier has threatened, pressured and sought to coerce Mitsubishi Aircraft, its U.S.-based partners, and individual employees, says Mitsubishi

The jets, which list for $73 million and are sold out through 2021, will play a key role in Bombardier's five-year turnaround plan to boost revenue and margins by 2020

Set up in 2008 at an investment of Rs 230 crore, Savli has seen 80-85 per cent utilisation

As the govt has tweaked rules for repossession of aircraft

Restructuring charges of $225 mn to $275 mn will be reported as special items starting in the 4th quarter and continuing through 2017