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Latest Piaggio Aero Stories

2008-10-02 06:00:27

Tata Group, the Indian conglomerate, has acquired a one-third stake in the Italian aircraft company Piaggio Aero Industries, the Italian company said, without providing financial details of the transaction.


Word of the Day
pawl
  • A pivoted catch designed to fall into a notch on a ratchet wheel so as to allow movement in only one direction (e.g. on a windlass or in a clock mechanism), or alternatively to move the wheel in one direction.
The word 'pawl' probably comes from a Latin word meaning 'stake'.
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