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Climate meet:India wants 'legally binding substantive' outcome
India does not endorse efforts to dilute expectations from the Copenhagen climate summit and is pushing for a "legally binding substantive" outcome, a matter that will be discussed during Prime Minister Manmohan Singh talks with US President Barack Obama.

Hiring may pick up in London's finance industry in 2010
Majority of HR managers in financial institutions across London expect hiring in the city to rise significantly in 2010, a survey by global professional recruiter Morgan McKinley says.

News of the day

DC Design, Carnation tie up for mass segment
Jagdish Khattar-promoted Carnation, a multi-brand car sales and servicing network, and the Dilip Chhabria-owned car design boutique DC Design have entered into a joint venture that will help the design studio offer its services to the mass segment at lower price points. Before this, DC’s services were restricted to high networth clients.
Small Business

CFM Intl to set up training facility at Hyd airport

GMR Hyderabad International Airport Limited (GHIAL) has signed an agreement with aircraft engine manufacturer, CFM International (CFM), to establish a new CFM56 maintenance training centre to support its customers in the South Asian region. - GMR Hyd inks deal with CFM to build training centre - GMR-Malay Air arm to set up MRO unit - Hyd airport to set up engine maintenance centre with CFM - GE appoints John Flannery India CEO - Time Warner arm may invest in NDTV Imagine - T N Ninan: Picking winners">T N Ninan: Picking winners CFM International is a 50:50 joint venture between Snecma (SAFRAN Group) of France and General Electric Company(GE) of the United States. The agreement signed on Thursday cements a memorandum of agreement executed in January 2009. The training centre, which will commence operations by late January 2010, will be located in the GMR Aerospace Park, being developed in the exclusive 250 acre aviation SEZ, that forms part of the Rajiv Gandhi International Airport complex. The aviation SEZ was recently notified by the Union government. GHIAL will build the 1,000-square metre facility at a cost of Rs 5 crore and lease it to CFM.


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