, BANGALORE: Larsen and Toubro Ltd. (L&T) and European aerospace and defence group EADS took the first step towards joint exploration of business opportunities in defence and aerospace. On Thursday, Mr MV Kotwal Senior Executive Vice President of Larsen and Toubro and Daniel Baubil Executive Vice President and Head of Global Industrial Development of EADS signed a Memorandum of Understanding (MoU), to establish a long-term, profitable and stable relationship to better address the needs of the aerospace and defence markets in India and around the world. The signing took place at the Aero India 2007 exhibition in the city.
Beijing slams US over potential Chinese drone ban
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