Page 5 - Rolls Royce

Rolls-Royce to triple R&D staff in India, invest in startups

Rolls-Royce is a high-end engineering company focused on power and propulsion systems

Rolls-Royce, GRSE ink pact to assemble naval engines in India

Rolls-Royce has inked a pact with Garden Reach Shipbuilders & Engineers (GRSE) under which the former's MTU Series 4000 engines will be assembled at GRSE's Ranchi facility and later installed in naval vessels. As per the agreement, Rolls-Royce's 12V and 16V 4000 M90 type engines will be assembled in GRSE's diesel engine plant in Ranchi. An option for the local production of parts in the future was also agreed, Rolls Royce said in a statement. Besides, the agreement includes the transfer of MTU technology related to assembly, testing and painting. GRSE is a public sector unit while MTU is a brand of Rolls-Royce Power Systems. "This agreement strengthens our long-standing and successful partnership with MTU. It is an important contribution to our indigenisation programme in line with the government's Make in India strategy," GRSE CMD Rear Admiral (ret.) V K Saxena said. Under the partnership, the PSU plans to achieve 40 per cent indigenous content ...

Engine maker Rolls-Royce logs record 4 billion pounds loss

Rolls took a hit from the drop in the value of the pound in the wake of Brexit

Rolls-Royce paid bribe to get documents from tax office in India: Report

Rolls-Royce got a five-year reprieve from a British court from being convicted in criminal cases over graft charges

Rolls-Royce to pay more than $800 million to resolve bribery charges: US

The company admitted to paying officials over $35 million at state-run energy companies in various countries

Rolls-Royce settles intermediaries' bribery probes in UK, US and Brazil

The deals would see the company pay about 293 million pounds in the first year

Rolls-Royce to cut 800 jobs in marine business

Marine sector employs 4,800 people in 34 countries, with Norway the most significant with 1,900 workers

Rolls Royce paid 10 mn pounds to Indian defence agent: Report

BBC reports the person's name as Sudhir Choudhrie

Rolls Royce boom shows not all Japanese are worried about spending

Even as the interest among younger consumers to own a car slides in Japan, the demand for luxury cars is booming

Commercial tax dept claims Rs 1.8 cr from Rolls-Royce dealer

Car was transported without the documents required under the Kerala Vat Act

Rolls-Royce launches Dawn at Rs 6.25 cr

Super luxury British carmaker Rolls-Royce Motor Cars today launched the new version of its convertible Dawn here with an asking price of Rs 6.25 crore (ex-showroom, Mumbai). Dawn comes with a 6.6-liter engine and downs the roof in flat 20 seconds while cruising at 50 kmph, and is the quietest convertible car in the world today, said Sven Ritter, Rolls-Royce's Sales Manager for South Asia. He said the new four-seater Dawn is the first super-luxury convertible in the country and will be launched in Delhi and Chennai soon. The firm's Asia Pacific Regional Director Paul Harris said Dawn is the pinnacle of luxury and therefore meant for only a select few. "With the progressive economy, growing appetite for luxury goods and increasing number of successful entrepreneurs, Rolls-Royce has targeted India for future growth," he added. While refusing to share sales expectation, he said globally the company sold over 4,000 units last year and "with the already strong heritage that the brand ..