French buyout firm Wendel today struck a deal to buy US-based AlliedBarton Security Services from private equity firm Blackstone Group for $1.67 billion. Under the terms of the deal, Wendel …

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European major Airbus today expressed keen interest in participating in ‘Make in India’ programme in various projects in India, in the aerospace, defence and civil aviation sectors. Bernhard…

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The explosion occurred before the first stage was set to separate, a SpaceX spokesman said during the company’s webcast

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Mangalyaan has been able to save as much as 45 Kg of fuel, enough for it to last for many more years than its expected six months lifetime

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China will invest 500 billion yuan ($80 billion) in 193 major domestic aviation projects this year as the government looks to increase infrastructure spending to drive economic growth in the world’…

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US diversified products giant 3M Co is buying Capital Safety, a global leader in fall protection equipment, from private equity firm KKR & Co for approximately $2.5 million including assumption of…

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India currently lacks the capital, skills and necessary infrastructure for the manufacture of large aircraft and it may take a long time for such airplanes to be manufactured in the country, US air…

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Convincing people to buy into green, renewable energy plans could be as simple as making it their default option, suggests a new study co-authored by a Stanford behavioural economist.

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India’s low-cost mission to Planet Mars seems to be reaping dividends with the United Arab Emirates (UAE) approaching the Indian Space Research Organisation (Isro) to launch its maiden Mars mission…

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US fund manager Fidelity Investments, the founding investor of European telecommunications holding company Colt Group SA, has made a ?569-million ($902 million) offer to takeover the company by acq…

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