Page 5 - Rolls-royce
Rolls-Royce partners with Infosys for aerospace engineering in India
Aerospace and defence technology major Rolls-Royce and Infosys have signed a strategic partnership for sourcing engineering and R & D services for Rolls-Royce's civil aerospace business.As part of the overall partnership, Rolls-Royce will transition a significant part of its engineering centre capabilities for civil aerospace in Bengaluru to Infosys.Leveraging its expertise in core engineering services, digital transformation capabilities, and Rolls-Royce product knowledge acquired through the partnership, Infosys will provide a full range of high-end engineering and R & D services integrated with advanced digital service to Rolls-Royce."India has grown to become a key contributor to the Rolls-Royce global engineering ecosystem, delivering high levels of technical capability to support a broad range of complex business demands," said Kishore Jayaraman, President of Rolls-Royce India and South Asia."Infosys has been a valued partner to Rolls-Royce for many years, and we now ...
 "Rolls-Royce partners with Infosys for aerospace engineering in India")
Rolls-Royce Holdings plans to sell its Bergen engines unit: Report
Germany's MAN SE and Finland's Wartsila Oyj could be potential buyers and a sale is expected early next year, according to the report, which didn't say where it got the information
 "Rolls-Royce Holdings plans to sell its Bergen engines unit: Report")
Rolls-Royce rescue plan flies as shareholders back 2 bn pound rights issue
Airlines pay Rolls based on how many hours its engines fly and a plunge in flying during the crisis has put Rolls's finances under intense scrutiny.
Rolls-Royce to temporarily close factories, cut benefits, says report
The group also faces strike action at one of its oldest plants, at Barnoldswick in Lancashire in the UK, in protest at proposals to shift some production to Singapore
Aero-engine maker Rolls-Royce seeks $2.6 bn in make-or-break share issue
At stake is the future of a company which has been at the heart of manufacturing in Britain for more than 100 years
World's fastest electric plane: Who's making? Let's find out
The British luxury automobile maker aims to beat the current world record of all-electric flight and plans to fly the first plane later this year. Watch video for more.
 "World's fastest electric plane: Who's making? Let's find out")
Rolls-Royce to raise $2.6 billion debt to fund Covid-19 pandemic relief
Rolls Royce is seeking to shore up capital amid the brutal impact of the Covid-19 pandemic on the aerospace industry.
Rolls-Royce plans to raise $6.5 billion to survive Covid-19 cash crunch
Rolls, whose engines power the Boeing 787 and Airbus 350, said in May it would cut 9,000 jobs as a result of the pandemic and its finances have been under intense scrutiny
Rolls-Royce Holdings stock hits 17-year low as slump deepens for airlines
Europe's biggest airline will pull 150 jets by mid-decade, 50 more than in its previous plan
World Coronavirus Dispatch: World economy to shrink 4.5% this yr, says OECD
The better view reflects the strong economic pickup in recent months and the vast injection of public resources
 "World Coronavirus Dispatch: World economy to shrink 4.5% this yr, says OECD")
Rolls-Royce says demand for luxury cars recovering due to sales in Asia
Torsten Muller-Otvos said the demand meant Rolls-Royce was the first car company to resume car production in the United Kingdom on May 4
Virgin Galactic, Rolls-Royce team up to make supersonic commercial airplane
The aircraft would travel at Mach 3 - rather than the Mach 2 speed of Concorde, the pioneering jet that operated from 1976 to 2003
 "Virgin Galactic, Rolls-Royce team up to make supersonic commercial airplane")
Rolls-Royce plans $1.9 billion share issue to bolster finances, says Report
Rolls-Royce, which makes engines for the Boeing 787 and Airbus 350, said it would burn through 3 billion pounds in the first half of the year
Moody's downgrades Rolls-Royce's credit rating to junk; outlook negative
Shares in Rolls-Royce, which have already lost almost two-thirds of their value during the pandemic, dropped 5.7% to trade at 253 pence at 0827 GMT, after Moody's statement
Rolls-Royce burns through 3 billion pounds, expects more cash outflows
The British company, which makes engines for the Boeing 787 and Airbus 350, said flying hours fell 75% in April, May and June, and it had only seen a marginal improvement since
Covid-19 impact: Rolls-Royce Holdings plans to cut 3,000 jobs in UK
The London-based manufacturer said it expects to trim a total of 8,000 positions from the aviation division
 "Covid-19 impact: Rolls-Royce Holdings plans to cut 3,000 jobs in UK")
Covid-19 impact: Rolls-Royce to cut 9,000 jobs to save $1.5 bn annually
The job losses would mostly take place in its civil aerospace business
 "Covid-19 impact: Rolls-Royce to cut 9,000 jobs to save $1.5 bn annually")
Top headlines: Domestic flights resume Monday, Ola lays off 1,400 staff
Business Standard brings to you a snapshot of events which made it to the headlines today
 "Top headlines: Domestic flights resume Monday, Ola lays off 1,400 staff")
Rolls-Royce to axe 9K jobs in air travel slump, to save GBP 1.3 bn a year
The 9,000 jobs, out of a global staff of 52,000, will go predominantly from Rolls's civil aerospace business, which generates just over half of its 15 billion pounds ($18 billion)of annual revenues
World coronavirus dispatch: The pathogen is changing in unknown ways
From first execution in US since the coronavirus outbreak, to what Facebook is doing to get people to workplace, and how to socialise safely - read these and more in today's world dispatch
 "World coronavirus dispatch: The pathogen is changing in unknown ways")