U.K. is ready to support manufacture of Indian jet engines, says British High Commissioner Alex Ellis

U.K. is ready to support manufacture of Indian jet engines, says British High Commissioner Alex Ellis

India will be absolutely central to ensuring a safe and open Indo-Pacific, says Mr. Ellis India will be absolutely central to ensuring a safe and open Indo-Pacific, says Mr. Ellis Making a strong pitch for joint collaboration, Alex Ellis, the U.K. High Commissioner in India, said what engine maker Rolls- Royce is ready to do … Read more

Industry welcomes govt decision of including retail, wholesale trade under MSMEs

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Inclusion of retail and wholesale trade under MSMEs is a “landmark decision” that would help them avail requisite finances from banks and financial institutions under priority sector lending, industry associations said. Earlier, on Friday, Union Minister Nitin Gadkari announced inclusion of retail and wholesale trade under MSMEs as per which they will also now get … Read more

France’s Renault scraps investment in new diesel engine

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French carmaker Renault will not invest in developing a new engine to fit the last generation of diesel vehicles it will produce and will instead adapt its existing model, Chief Executive Luca de Meo told shareholders on Friday. Auto groups are accelerating an overhaul away from diesel and into electric cars, encouraged by more stringent … Read more