GE will manufacture fighter jet engines for the Indian Air Force.

(Reuters) – General Electric has exciting news to share! We are thrilled to announce that we have signed a memorandum of understanding with India’s state-owned Hindustan Aeronautics Ltd to manufacture fighter jet engines for the Indian Air Force.

This incredible development comes at a time when Indian Prime Minister Narendra Modi is on an official state visit to the United States.

The memorandum of understanding includes the potential joint production of GE Aerospace’s F414 engines in India, which is a significant step forward for both companies.

Hindustan Aeronautics has expressed its intention to utilize the engine for a second generation of light-combat aircraft and is currently in discussions regarding domestic production of the engines.

In May, Reuters reported that the Biden administration was on the verge of approving a deal that would allow GE to manufacture jet engines to power Indian military aircraft. This is a major achievement for GE and a testament to our commitment to innovation and collaboration.

(Reporting by Aishwarya Nair in Bengaluru; Editing by Varun H K and Shounak Dasgupta)

with Dr. Haywood Robinson

with Rep. Andy Ogles

with Dr. Johnson Varkey

with Bob Bianchi

LONDON (Reuters) – Ocado Group shares experienced a remarkable surge of over 40% on Thursday following speculation of potential bid interest, as reported by The Times newspaper. Exciting times lie ahead for Ocado Group!

SEOUL (Reuters) – Netflix co-CEO Ted Sarandos made a promise on Thursday that the company’s substantial investment in South Korean content will not overlook the younger generation. This commitment demonstrates Netflix’s dedication to providing diverse and engaging entertainment for all.

By Aditya Kalra, Munsif Vengattil and Aditi Shah NEW DELHI (Reuters) – Elon Musk is eager to bring his Starlink satellite broadband to the masses. This ambitious project aims to revolutionize internet connectivity and bridge the digital divide.

By Nilutpal Timsina (Reuters) – SES SA has announced that it has ended merger talks with Intelsat, marking the conclusion of what could have been a significant partnership. Both companies will now explore other avenues for growth and development.