383

Boeing and Airbus hunting for highly-skilled, low-cost engineers in India

Boeing Co. and Airbus SE are increasingly looking to India for highly-skilled, low-cost engineers to meet a boom in demand for aircraft and expand their manufacturing presence in the world’s fifth-largest economy. Airbus plans to hire 1,000 people in India this year out of 13,000 globally. Boeing and its suppliers, which already employ about 18,000 workers in the nation, have been growing by some 1,500 staff every year, the US jet manufacturer’s India head Salil Gupte told Bloomberg News in an interview. 

With about 1.5 million engineering students graduating annually, India is a rich source of talent for planemakers facing record orders from airlines as travel surges again after the Covid pandemic. Boeing can hire an engineer in Bengaluru, India’s southern tech hub, for 7% of the cost of a similar role in Seattle, according to salary data compiler Glassdoor.

333

Vinod Adani is part of 'promoter group' of ACC and Ambuja Cements, clarifies Adani Group

Adani Group on Thursday clarified that Vinod Adani, elder brother of conglomerate's chairman Gautam Adani, is part of the "promoter group" of various listed entities within it. 

"We would like to submit that Mr. Gautam Adani and Mr. Rajesh Adani are individual promoters of various listed entities within the Adani group and Mr. Vinod Adani is an immediate relative of the individual promoters. Accordingly, as per the applicable Indian regulations, Mr. Vinod Adani is part of the ‘promoter group’ of various listed entities within the Adani group. This fact has been submitted to Indian regulatory authorities from time to time in various disclosures," said Adani Group in a stock exchange filing.

Adani Group was responding to a news report that said Vinod Adani is the ultimate beneficiary of Ambuja Cements Ltd and ACC Ltd.

308

Hindustan Construction Company, MEIL bag Rs 3,681 crore bullet train station project

Hindustan Construction Company Ltd (HCC) in a joint venture with Megha Engineering & Infrastructures Ltd (MEIL) has bagged a Rs 3,681 crore project for construction of a bullet train station, a statement said on Tuesday.

The contract was awarded by the National High-Speed Rail Corporation Ltd (NHSRCL) for the construction of the Bandra Kurla Complex Station of the 508.17 km-long Mumbai-Ahmedabad high-speed rail.

The Bandra Kurla Complex bullet train station will have six platforms, and each platform is approximately 414 metres, sufficient to accommodate a 16-coach bullet train. The station will have connectivity with the metro and road transport, HCC said in a statement.

263

HCC-MEIL joint venture wins Rs 3,681-crore order for bullet train station

Hindustan Construction Company (HCC), in a joint venture with Megha Engineering & Infrastructures (MEIL), has won a ₹3,681-crore contract for the construction of the proposed bullet train’s Bandra Kurla Complex station.

The contract for the only underground on the Mumbai-Ahmedabad High-Speed Rail corridor was awarded by the National High-Speed Rail Corporation (NHSRCL).

The Bandra Kurla Complex (BKC) bullet train station is planned at a depth of about 24 metre below the ground level. The station, which will have a total of three floors, will be developed over a cumulative floor area of about 200,000 square metre and will house amenities, including waiting areas, a business-class lounge, a nursery, restrooms, smoking rooms, and information kiosks.

223

Nokia CEO meets PM Modi: From India's 6G goal to digital transformation, here's what they discussed

Nokia CEO Pekka Lundmark met Prime Minister Narendra Modi in Delhi on March 13 and they both discussed a range of issues during their meeting. The Nokia CEO discussed how the brand is contributing to the country's 5G journey among other key issues.

After the meeting, Nokia CEO shared a picture with the PM and tweeted, "A privilege to meet with Prime Minister Modi @PMOIndia and discuss how @nokia is contributing to India’s #5G journey and next phase of digital transformation and also how we intend to support India’s #6G ambitions."