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Sail up on Chiria ore settlement
The stock touched a high of Rs 177 and finally settled with a 2% gain at Rs 175. The counter witnessed comparatively heafty trade volumes of 1.27 million shares on the BSE, as against the two-week daily average trade of 877,424 shares.

DoT wants telcos to share info with auditors on time
The government has written to telecom operators, Bharti Airtel, Idea Cellular, Vodafone and Tata Teleservices, asking them to be punctual in sharing information with special auditors looking into revenue leakage.

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'Need for rating agencies for colleges'
Indian education has only regulatory bodies such as the All India Council of Technical Education. It also needs rating agencies like Crisil that can rank colleges by performance, said Union minister of state for higher education, D Purandeswari.
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HAL to produce Boeing-777 parts in Bangalore

Hindustan Aeronautics Limited (HAL), the Bangalore-based firm which operates under the Ministry of Defence, has signed an agreement with Boeing to work together with the US plane maker for the production of flaperons for the Boeing’s 777 series commercial jetliner. - HAL wins contract to supply flaperons for Boeing 777 - HAL to supply components for Sukhoi fighters to Russia - Navy to be responsible for overall maritime security: Govt - Srinivasan appointed MD for HAL"s helicopter composite - MEA shoots down defence ministry's helicopter export - HAL delivers rear fuselage for biz jet HAL will make the delivery in phases and Boeing will get the first batch of flaperons in a couple of years, according to the contract. With this, HAL has joined a select few global players who are working with Boeing on the flaperon contract for the 777 aircraft. The 777 flaperon is a complex composite assembly that is instrumental in controlling the airplane’s maneuverability in flight. Referred to as a control surface, flaperons work both as a flap to control lift and an aileron to control roll. While HAL declined comment on the value or the volume of the contract, it is understood that HAL will be supplying 300 pairs of flaperons over a period extending till 2019. “HAL and Boeing share a special relationship and we are delighted that our strengths in composites are getting international recognition,” HAL Director (Corporate Planning & Marketing) Soundara Rajan said. Boeing India President Dinesh Keskar added that the composite 777 flaperon that HAL will produce represents a significant leap forward in technological capability and supports Boeing’s strategy to work in partnership with the Indian aerospace industry for the long term.


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