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Rolls-Royce deal lifts HAL - The Hindu BusinessLine


Rolls-Royce deal lifts HAL
May 05, 2021
 
The stock of Hindustan Aeronautics jumped as high as ₹984.90 on the BSE or 3.3 per cent after the company said that it has signed an MoU with Rolls-Royce. The deal is to establish packaging, installation, marketing and services support for Rolls-Royce MT30 marine engines in India. Through the MoU, Rolls-Royce and HAL will expand their long-standing partnership in India and work together in the area of marine applications for the first time. The stock, however, surrendered most of the gains to close at ₹968.60, up 1.56 per cent, over the previous day s close of ₹953.70.
Published on
May 05, 2021
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India General , Hindustan Aeronautics , Rolls Royce , இந்தியா ஜநரல் , ஹிந்துஸ்தான் வான்செலவுத்துறை , சுருள்கள் ராய்ஸ் ,

Govt to rework IMF deal, says Tarin


Govt to rework IMF deal, says Tarin
Top Story
May 4, 2021
ISLAMABAD: Minister for Finance and Revenue Shaukat Tarin Monday said the IMF agreement made ‘some excesses’ through imposing very harsh conditions under the $6 billion Extended Fund Facility (EFF) programme.
In his maiden briefing to parliamentarians during the National Assembly Standing Committee on Finance meeting here at the Parliament House under the Chairmanship of Faiz Ahmed Kamoka, Shaukat Tarin made it clear that the government would re-negotiate with the IMF on account of its demand for hiking power tariff and raising tax revenue.
Shaukat Tarin shared his thoughts publicly after assuming charge of ministerial portfolio and said that the era of economic ‘consolidation’ was underway since 2019 thus resulting into creating more difficulties on economic front. The lack of GDP growth had resulted in generating no tax revenue, no job opportunities, and many other problems on the economic fr ....

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