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Top related persons:
Asad Daud - 1 Daud - 1 Aeroflex - 1 Hritam Mukherjee - 1 Dhanya - 1 Francis Mascarenhas - 1 Anil Bhansali - 1 Vishnu Prakash R - 1
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India BENGALURU India's China Bengaluru Mumbai
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Aeroflex Industries - 2 Thomson - 2 Hindustan Aeronautics Ltd - 1 HAL - 1 Electricals - 1 Indian Space Research Organisation - 1 ISRO - 1 REUTERS - 1

Search resuls for: "Aeroflex Industries"


2 mentions found


☆ India's Aeroflex in talks to enter aerospace sector - executive
  + stars: | 2023-09-13 | by ( Hritam Mukherjee | ) www.reuters.com   time to read: +2 min
BENGALURU, Sept 13 (Reuters) - India's Aeroflex Industries (AERO.NS), whose metal hoses are used in utilities, refineries and fire fighting equipment, is in talks to enter the aerospace sector, a top company executive said, aiming to capitalise on the country's burgeoning space program. "It is our aim that our products be a part of India's next space mission," Aeroflex Managing Director Asad Daud told Reuters in an interview last week. While HAL and BHEL are existing clients, the ongoing talks are a first for specific space-related projects, he said. Aeroflex expects its total revenue to increase by 35% in the next three to four years, with at least 5% coming from aerospace, Daud said. Aeroflex has three Chinese suppliers that, currently, meet 70%-75% of its needs for their coils.
Persons: Asad Daud, Daud, Aeroflex, Hritam Mukherjee, Dhanya Organizations: Aeroflex Industries, Reuters, Hindustan Aeronautics Ltd, HAL, Electricals, Indian Space Research Organisation, ISRO, Thomson Locations: BENGALURU, India, India's, China, Bengaluru
☆ Rupee posts biggest single-day gain in nearly 1-1/2 mths on dollar inflows
  + stars: | 2023-08-22 | by ( Dharamraj Dhutia Nimesh Vora | Dharamraj Dhutia | Nimesh Vora | ) www.reuters.com   time to read: +2 min
The rupee closed at 82.9350 per U.S. dollar, 0.2% stronger than its close of 83.1075 on Monday. "Inflows for initial public offerings and presence of the central bank around 83.10 levels ensured some strength in the rupee after nearly two weeks of fall," said Anil Bhansali, head treasury at Finrex Treasury Advisors. The easing of the dollar index also aided in helping the rupee strengthen past the 83 mark, a trader with a private bank said. "A large foreign bank was mainly on the selling side," the private bank trader added. India's central bank ensured the rupee did not depreciate significantly despite immense dollar-buying pressure from oil companies, Bhansali said.
Persons: Francis Mascarenhas, Anil Bhansali, Vishnu Prakash R, Jerome Powell's, Jackson, Bhansali, Swati Bhat, Janane Organizations: REUTERS, Rights, Treasury, Companies, Aeroflex Industries, Vishnu, U.S, Traders, Jackson, Thomson Locations: Mumbai, India
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