Tata Consultancy Services (TCS) reported $7.67 billion in revenue for the second quarter of FY25, reflecting a 6.4% increase year-over-year and steady growth despite a challenging macroeconomic landscape. TCS’s robust earnings report underscores its resilience as one of India’s most prominent technology and consulting firms, though the market reaction was less favorable. Following the release, […]
AIP Capital, an alternative investment manager with a focus on commercial aviation, has announced the completion of a $240 million debt financing deal for ITA Airways, Italy’s national airline. The transaction is secured by three state-of-the-art Airbus A330-900neo aircraft, powered by Rolls-Royce Trent 7000 engines, known for their fuel efficiency and reduced emissions. This financing […]
Tata Consultancy Services, a global leader in IT services, consulting, and business solutions, is joining forces with Rolls-Royce, a British multinational renowned for its expertise in aerospace, defence, and power systems. This expanded partnership will see TCS provide crucial engineering support to Rolls-Royce as it tackles three major challenges associated with hydrogen fuel technology: combustion, […]
TVS Supply Chain Solutions Limited (TVSSCS), a leader in global supply chain management and one of India’s largest and most rapidly expanding integrated supply chain solution providers, proudly announced the extension of their contract with Rolls-Royce. This significant development extends their partnership for another five years, through to 2029, highlighting the continued success and mutual […]
Tata Sons-owned Air India will acquire both widebody and single-aisle aircraft to strengthen its domestic and international operations, following agreements worth $80 billion with French aerospace firm Airbus and American aircraft manufacturer Boeing. The acquisition of 250 Airbus aircraft and 220 Boeing Jets is anticipated to help the Indian airline advance its fleet strategy to […]
Fermi Energia has selected GE Hitachi’s BWRX-300 SMR for the Estonian nuclear power plant, which is expected to be operational by the early 2030s. The Estonian nuclear energy company said that the BWRX-300 small modular reactor (SMR) would be most suitable for construction in Estonia out of the three offers received. The planning, design, and […]
Infosys and Rolls-Royce have extended their collaboration by opening their joint ‘Aerospace Engineering and Digital Innovation Centre’ in Bengaluru. According to Infosys, the centre has been set up to offer high-end research and development (R&D) services. These are integrated with advanced digital capabilities to the engineering and group business services of Rolls-Royce from India. Infosys […]
British engineering company Rolls-Royce has agreed to divest ITP Aero, a Spanish aero engine and gas turbine manufacturer, to a consortium of investors led by Bain Capital Private Equity for nearly €1.7 billion. Apart from Bain Capital, the consortium includes interests to be held by Spanish co-investors JB Capital and SAPA. ITP Aero is an […]
Hindustan Aeronautics Limited (HAL) has signed a memorandum of understanding (MoU) with Rolls-Royce for supporting Rolls-Royce MT30 marine engines in India. The MoU between the Indian aerospace company and the UK firm covers setting up packaging, installation, marketing, and services for the marine gas turbine engine. It will enable Rolls-Royce and Hindustan Aeronautics Limited to […]
