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Shyam Benegal, Indian director and screenwriter at International Film Festival of Kerala 2016

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul (MRO) services firm Air Works for an enterprise value of Rs 400 crore.
"Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works, India's largest private sector MRO company with the largest pan-India footprint," the conglomerate said in a statement.
With operations spanning 35 cities and a workforce of over 1,300 personnel, Air Works brings extensive expertise in servicing both fixed-wing and rotary-wing aircraft.

Adani

Air Works, which has a workforce of more than 1,300 personnel, handles MRO work for commercial as well as defence aircraft

Jeet Adani, director of Adani Airport Holdings Limited (AAHL)

Farmers, delighted by the announcement, expressed their gratitude to the Chief Minister

Yogi Adityanath, yogi, UP CM

President Joe Biden secured the 235th judicial confirmation of his presidency Friday, an accomplishment that exceeds his predecessor's total by one after Democrats put extra emphasis on the federal courts following Donald Trump's far-reaching first term, when he filled three seats on the Supreme Court.
Senate Majority Leader Chuck Schumer, D-NY, teed up votes Friday on two California district judges, and they were the last judicial confirmations this year before Congress adjourns and makes way for a new, Republican-led Senate.
The confirmation of Serena Raquel Murillo to be a district judge for the Central District of California broke Trump's mark. The tally also marks the largest number of confirmations in a single term since the Jimmy Carter administration. Come next year, Republicans will look to boost Trump's already considerable influence on the makeup of the federal judiciary in his second term.
Biden and Senate Democrats placed particular focus on adding women, minorities and

Joe Biden

Coinbase donated $1 million to the Trump-Vance inauguration committee before the election results were known, according to the company

Donald Trump, Trump

"This is a national tragedy, violating the spirit of the Good & Simple Tax the GST was meant to be," says former chief economic adviser Arvind Subramanian

popcorn

GST Council on Saturday agreed to issue a clarification on taxation of popcorn, saying that pre-packed and labelled ready-to-eat snacks will attract a 12 per cent tax while an 18 per cent GST will be levied if it is caramelised.
There is no change in the tax rate of popcorn and the GST Council has only agreed that the Central Board of Indirect Taxes and Customs (CBIC) will issue a circular clarifying the current taxation regime of popcorn.
"Ready-to-eat popcorn", which is mixed with salt and spices, and has the essential character of namkeens currently attracts a 5 per cent GST if it is not pre-packaged and labelled.
If it is supplied as pre-packaged and labelled, a 12 per cent GST is levied.
However, when popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of a sugar confectionary, and would therefore be classifiable under HS 1704 90 90 and attract an 18 per cent GST, as per the clarification.

Just before the clock strikes midnight, a world of cinema opens at TIFF

Amid controversy over Home Minister Amit Shah's remarks on Ambedkar, Kejriwal launches Dr Ambedkar Samman Scholarship, pledging support for Dalit students pursuing studies abroad

Kejriwal, Arvind Kejriwal

Ahead of External Affairs Minister S. Jaishankar's visit to the United States, India's Foreign Secretary Vikram Misri on Monday had meetings with top American diplomats on a wide range of bilateral, regional and global issues.
Jaishankar is scheduled to visit the United States from December 24-29, the Ministry of External Affairs (MEA) announced a day earlier.
During the visit, Jaishankar will meet his American counterparts to discuss key bilateral, regional and global issues, an official statement said.
On the eve of Jaishankar's visit, Misri on Monday had meetings with the Deputy Secretary of State Kurt Campbell and Deputy Secretary for Management Richard Verma at Foggy Bottom headquarters of the State Department.
India's ambassador to the US, Vinay Mohan Kwatra, was also present in the meetings.
We look forward to continuing to grow #USIndia ties rooted in mutual trust, shared values, and prosperity for all, Verma said.
Earlier in the day, Verma hosted a group of eminent India

Vikram Misri, Vikram, Misri

Israel's defense minister has confirmed that Israel assassinated Hamas' top leader last summer and is threatening to take similar action against the leadership of the Houthi rebel group in Yemen.
The comments by Israel Katz appeared to mark the first time that Israel has acknowledged killing Ismail Haniyeh, who died in an explosion in Iran in July. Israel was widely believed to be behind the blast and leaders have previously hinted at its involvement.
In a speech Monday, Katz said the Houthis would meet a similar fate as the other members of an Iranian-led alliance in the region, including Haniyeh. He also noted that Israel has killed other leaders of Hamas and Hezbollah, helped topple Syria's Bashar Assad and destroyed Iran's anti-aircraft systems.
We will strike (the Houthis') strategic infrastructure and cut off the head of the leadership, he said.
Just like we did to Haniyeh, Sinwar and Nasrallah in Tehran, Gaza and Lebanon, we will do in Hodeida and Sanaa, he said, referring t

Israel Flag, Israel

The new MG Cyberster will be equipped with a 77 kWh battery pack powering two electric motors on each axle, making it an all-wheel-drive model

MG, MG Cyberster

The rating agency's arm said that India's recent consumer price inflation at around 5 per cent was without clear evidence of a trend towards slowing price pressures

Most GCCs in India support critical business goals by using AI, data analytics, robotic process automation, and cloud services

India ranked third globally in terms of funding raised by fintech companies, behind the US and China, the report said

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Foreign Secy Misri meets top US diplomats, discusses wide range of issues

Israel confirms killing Hamas leader, warns Houthi leadership of action

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News updates: Filmmaker Shyam Benegal passes away at 90 after prolonged illness

Adani to acquire 85.8% stake in Air Works for Rs 400 cr enterprise value

Adani Defence acquires 86% shareholding in MRO firm Air Works at Rs 400 cr

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