bharat dynamics

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SpiceJet settles $24 million financial dispute with Credit Suisse SpiceJet Ltd has reached an in-principle commercial settlement with Credit Suisse AG over pending dues of $24 million. The Swiss firm had moved the Madras High Court against SpiceJet after the airline availed the services of SR Technics, Switzerland, for maintenance, repair, and overhauling of aircraft […]
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L&T partners with ReNew for green hydrogen projects in India Larsen & Toubro (L&T) and ReNew Power have signed an agreement to tap the $2 billion green hydrogen business opportunities in India and neighboring countries. Under this agreement, L&T and ReNew will jointly develop, own, execute and operate green hydrogen projects. The partnership will allow […]
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India’s manufacturing PMI falls marginally in February India’s factory activity expanded for the seventh straight month in February, driven by strong demand and increased output. The IHS Markit Purchasing Managers’ Index (PMI) for India’s manufacturing sector eased slightly to 57.5 in February from 57.7 in January. Last month, firms responded to rising production needs by […]
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India’s services activity slows in December; PMI at 3-month low India’s services activity slowed down to its lowest level in three months in December. Data released by IHS Markit on Wednesday showed that Purchasing Managers’ Index (PMI) for the services sector dropped to 52.3 in December from 53.7 in November. According to the analytics firm, […]

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