MRF showcases Aero Muscle
India based Tire Company MRF has showcased their latest product Aero Muscle which has been under development since three years.
With this, the company could enter the aviation sector and they have received the permissions from the defense ministry.
The company plans to invest around Rs. 125 crore in the aviation tyre facility.
MRF said [...]

HCL and Microsoft launches centre of excellence
Indian IT company HCL has announced that they are collaborating with US based software giant Microsoft to launch centre of excellence.
This new setup would employ over 500 software professionals. They would be working on Microsoft technologies.
The two companies said that the new center of excellence would benefit from [...]

MTC Technologies being acquired by BAE Systems
BAE Systems is the Europe’s largest defense company and they are now acquiring MTC Technologies.
MTC Technologies manufactures gear for government agencies and the deal is worth around $450 million.
BAE Systems would be paying for this deal in cash and they are also assuming the debts of the company.
This [...]