FAA investigating titanium utilized in some Boeing, Airbus jets

The U.S. Federal Aviation Administration is investigating whether or not false or incorrect paperwork have been used to confirm the authenticity of titanium utilized in some not too long ago manufactured Boeing jets, the company mentioned. The New York Occasions, which first reported the difficulty on Friday, mentioned the FAA can be investigating the authenticity … Read more

Cognizant to amass US engg firm Belcan for $1.3 billion 

With a watch on accelerating income development in a tricky atmosphere, IT main Cognizant Expertise Options has signed an settlement to amass US-based Belcan LLC, a worldwide provider of Engineering Analysis & Improvement (ER&D) companies at a purchase order worth of round $1.3 billion in money and inventory. That is Cognizant’s second massive acquisition within … Read more

Avendus FLF-II set to attain full deployment by December, says Ritesh Chandra

Avendus Future Leaders Fund will totally make investments the remaining portion of its ₹ 1,500-crore second collection fund (FLF-II) by December, Ritesh Chandra, Managing Associate, has stated. Thus far, as a lot as 83 p.c of $200 million FLF-II has been deployed throughout ten investments. “The remaining 17 per cent corpus will likely be deployed … Read more