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Jewellers turn their focus to diamonds to offset decline in gold demand

Indian jewellers are turning their focus to diamond jewellery in a bid to offset the government’s clampdown on sales of gold. Leading jewellery companies like Gitanjali Gems and Titan Industries are...

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Vodafone urges telecom minister to ensure liberal norms

Vodafone has urged Telecom Minister Kapil Sibal to make sure that new telecom norms don’t prevent operators from holding a minor, non-voting stake in a rival firm as long as it doesn’t hurt...

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India?s Mars orbiter mission all set for Tuesday launch

ISRO is all set to launch its first interplanetary satellite mission to Mars, on Tuesday, 5 November [via Domain-b Aerospace] Follow us @enterpriseheat – lists / @sectorheat

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Boeing Co?s largest union approves contract proposal by slim margin

Aerospace giant Boeing Co’s largest union yesterday approved a controversial contract proposal by the slimmest of margins. The controversial contract proposal cuts benefits in exchange for decades …...

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Air India getting rid of Boeing Dreamliners, 777s to shore up books

Loss-making national carrier Air India says it is taking steps to improve its financials, including its earlier plan of selling or leasing its 14 new Boeing 787 Dreamliners. It is also aiming to pr…...

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Small UK firm HAV showcases world?s biggest aircraft

A hybrid incorporating features of a blimp, an airplane, and a helicopter, the eco-friendly Airlander can carry massive loads over difficult terrain, and the developers see it as a game-changer [via...

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Air India seeks $500-mn bridge loan ahead of sale of another 3 Boeing 777s

Loss-laden national carrier Air India is seeking a bridge loan of $500 million ahead of its planned sale of three Boeing 777s to raise funds for trimming its huge liabilities. Air India is o… [via...

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Jet Air posts record loss of Rs2,153 crore in March quarter

Jet Airways (India) Ltd on Tuesday posted a record quarterly loss for the three months ended 31 March, as costs jumped and the airline offered discounts amid high competition. Jet’s standalo… [via...

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Boeing eyes fresh opportunity in Emirates? interest in 747-8

Boeing Co and Emirates Airlines, the world’s biggest operator of the Airbus A380 super jumbo,  are in talks over a potential sale of Boeing 747-8, the super jumbo’s rival, Bloomberg reported. … [via...

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FedEx signs deal for 50 additional Boeing 767-300 freighter

With the latest deal, FedEx’s orders for 767Fs stand at 106 and takes forward the company’s fleet modernisation drive [via Domain-b Aerospace] Follow us @enterpriseheat – lists / @sectorheat

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