Airtel adds 1.9 million users after 3 months, BSNL grows base

Jio IPO size is being derived on the basis of its valuation benchmarked against Airtel

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

Two Naxalites carrying a cumulative bounty of Rs 8 lakh surrendered before the security forces in Maharashtra's Gadchiroli district, police said on Saturday.
Ramasu Poyam alias Narsingh (55), a resident of Gadchiroli, and Ramesh Kunjam alias Govind (25), a native of Narayanpur in neighbouring Chhattisgarh, surrendered before the Gadchiroli police and the Central Reserve Police Force on Friday, police stated in a release.
Poyam, who carried a bounty of Rs 6 lakh, was recruited as a member of the Tipagadh LOS in 1992 and served as the area committee member (ACM) in Kutul and Nelnar LOS since 2010, it said.
According to the police, Poyam has 12 cases to his name, including six encounters, five murders and an offence of dacoity.
Kunjam, who had a Rs 2 lakh bounty, joined as a militia member in 2019. He was recruited as a member of the Chetna Natya Manch (CNM) in 2020 and became a member of the Kutul LOS in 2021, they said.
The duo has surrendered due to the Gadchiroli police's aggress

Security forces, police

The Golden Globe-nominated film joins a distinguished list of cinematic greats handpicked by the former US President, alongside 'Dune: Part Two and Conclave'

Barack Obama, Obama, Barack

The city's proposed mobility budget, which includes initiatives to make it easier for fans to enter and exit the iconic Azteca stadium, will increase to nearly 7 billion pesos

Mexico flag, Mexico

"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

While Ratan Tata and Shashi Ruia's deaths were a big loss to the business world, stalwarts like Sitaram Yechury and Natwar Singh left behind a big void in the national politics

Year ender 2024

The world soccer players' union disagreed with FIFA's temporary changes to transfer rules on Monday following the landmark Lassana Diarra judgement.
Former France international Diarra challenged FIFA 's rules due to a dispute with a club dating to 2014, and the European Court of Justice ruled in October that some rules were contrary to European Union law because they restricted freedom of movement and were anti-competitive.
FIFA then opened a global dialogue and on Monday published interim amendments which take effect in time for the January transfer window. They strike a balanced compromise, FIFA said in a statement.
But global players' union FIFPRO was against the changes, and accused FIFA of failing to reach consensus.
Following Lassana Diarra's successful challenge against the legality of Article 17 of the FIFA Regulations on the Status and Transfer of Players, FIFPRO informed FIFA of the conditions under which it could negotiate the amendments to the regulations to reflect the

football

Driving Isuzu Motors India's success is its lineup of the rugged D-Max Highlander, the versatile D-Max S-Cab, the popular D-Max V-Cross, and the MU-X SUV, which competes with the Toyota Fortuner

Isuzu

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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Tariff impact: Reliance Jio loses 3.76 million users in October 2024

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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