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

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)

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

Violence has gripped the entire state since May now, and the central government had to deploy paramilitary forces to bring the situation under control

Security forces,army,soilder

WhatsApp wins a major legal case against NSO Group over Pegasus spyware, marking a key step in holding spyware companies accountable for unlawful surveillance of activists, journalists, and officials

hacking, data, privacy, cyber security

PM Modi will embark on a historic Kuwait visit, marking the first by an Indian PM in 43 years, aiming to boost ties in trade, energy, investment, and cultural exchanges

Narendra Modi, modi

"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

From the Lok Sabha elections to state assembly polls, various leaders staged striking returns in 2024, capturing the attention of both the public and political analysts

Year ender collage -- political comeback

The year also saw unprecedented number of human contracting avian influenza caused by the H5N1 virus in the US

Diseases, health threat, Global diseasesDiseases, health threat, Global diseases

Averting catastrophic climate change was always going to involve plenty of steps forward as well as steps back

Climate change, global warming

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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From Maharashtra to Andhra, 2024 was the year of political comebacks

Global disease resurgence in 2024 highlights growing health threat

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

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

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

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