France-based Safran Aerospace plans to set up a new entity, Safran Aircraft Engine Services India, in Hyderabad for the maintenance and overhaul of Rafale fighter jet engines.

PTC Industries added 2.59% to Rs 15,123.80 after the company's subsidiary, Aerolloy Technologies (ATL) has signed the memorandum of understanding (MoU) with Safran Aircraft, to develop cooperation on ...

The move builds on the companies’ existing relationship, as Safran and Aerolloy are already collaborating on the production ...