SIA arm, Rolls-Royce to set up joint venture: Singapore Airlines (SIA) on Tuesday announced that its subsidiary, Singapore Airlines Engineering Company will be setting up a new joint venture with Rolls Royce and Hong Kong Aero Engine Services Ltd for the overhaul and maintenance of Trent engines in the Asia-Pacific region.Fast-breeder reactor needed: The ultimate answer to the country's future energy security problem would be the Fast Breeder Reactor now being developed after the success of the experimental Kamini and the completion of the Nuclear Fuel Cycle based on thorium, said YP Alagh, union minister of state for science & technology and power in New Delhi recently.
Centre against phased indigenisation policy: The government is against introduction of a phased indigenisation policy for the electronic goods manufacturers as demanded by the components industry.
Recession shadows Imtex '98: The ongoing recession in the capital goods industry is likely to cast itsshadow over the business generation at the 10th Indian Machine Tool Exhibition (Imtex '98) in New Delhi because only worth Rs 80 crore contract may be signed as against Rs 100 crore during Imtex '95.
Fieo chief stresses on quality improvement: Federation of Indian Export Organisations chairman ( northern region) KK Jain exhorted exporters to achieve a high degree of quality consciousness. Jain was speaking at the sixth two-day programme for creating awareness on ISO-9000 Quality Systems.
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