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Rolls-Royce wins Trent 700 engines order from Hawaiian Airlines

8:42am EST

Rolls-Royce Holdings Plc :Rolls-Royce wins Trent 700 order from Hawaiian Airlines.

Bharat Electronics says India govt to sell 5 pct stake in co

6:40am EST

Bharat Electronics Ltd : Says India government OFS of up to 11.2 million equity shares of co at floor price of INR 1498 per share .Says offer represents 5 percent of total paid up equity share capital of co.

Singapore Technologies Engineering's electronics arm sets up unit in Saudi Arabia

4:12am EST

Singapore Technologies Engineering Ltd : ST engineering's electronics arm sets up subsidiary in Saudi Arabia . Will set up a subsidiary, Singapore Technologies Electronics (Saudi Arabia) with a paid up capital of saudi riyals 8.4 million .Setup is not expected to have any material impact on consolidated NTA per share and EPS of st engineering for current financial year.

Consortium formed by RDIF acquires 12 pct stake in Russian Helicopters

1:39am EST

Russian Direct Investment Fund (RDIF): Said on Monday consortium of the Russian Direct Investment Fund, including Middle Eastern funds, has finalised purchase of a 12 pct stake in Russian Helicopters from Rostec . As part of the deal, Russian Helicopters is valued at $2.35 billion .The first stage of transaction involves the sale of a 12 pct stake and an investment of $300 million, as well as an agreed-upon subsequent potential increase in investment to $600 million.

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