World Business News

PARIS: French aerospace group Safran raised on Tuesday its 2013 sales target after posting an annualised 9.5 percent jump in the first quarter of the year, and said it would buy Rolls-Royce's half of a helicopter engine joint venture.

Remittances flow to sub-Saharan Africa reached about $31 billion in 2012, the World Bank estimated April 19, 2013.

MUMBAI: Tata Power plans to set up a 28.8 MW solar plant near Satara, Maharashtra this fiscal, as a part of its strategy to meet its clean energy capacity target, a top company official has said.

Johannesburg – South African Airways and Jet Airways, India’s premier international airline, have announced a code share agreement that will enable seamless air travel connectivity to several business centres in India and South Africa. Tickets went on sale on 16 April 2013 with travel effective from 18 April 2013.