Adani to buy Air Works for ₹400 cr
Mint Hyderabad|December 24, 2024
Ahmedabad-headquartered Adani Group's defence arm Adani Defence and Aerospace on Monday entered into an agreement to acquire an 85.8% stake in Air Works, India's largest privately-held aircraft maintenance, repair, and overhaul (MRO) company.
Saloni Goel, Anubhav Mukherjee & Anirudh Laskar

The move is in line with the conglomerate's strategy to capitalise on India's ambition to become self-reliant in defence capabilities and take advantage of a thriving aviation industry.

The acquisition, with an enterprise value of ₹400 crore, will enable Adani Group to offer a range of aviation services spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, avionics as well as asset management services to its Indian and global customers, the group said in a statement.

Diese Geschichte stammt aus der December 24, 2024-Ausgabe von Mint Hyderabad.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der December 24, 2024-Ausgabe von Mint Hyderabad.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT HYDERABADAlle anzeigen
Mint Hyderabad

The Perks of Reflection and Daily Me-Time

Introspection helps one think more clearly, says Spinny CEO Niraj Singh

time-read
2 Minuten  |
January 06, 2025
Mint Hyderabad

Hiring Is Just The First Step Towards Inclusion

Persons with disabilities and those from marginalized groups need mentors and a supportive environment to grow in their careers

time-read
4 Minuten  |
January 06, 2025
Mint Hyderabad

It's your touch that will push an AI co-worker to do better

AI agents help break down silos and improve decision-making and collaboration, but it's people who can leverage their benefits

time-read
2 Minuten  |
January 06, 2025
Mint Hyderabad

The Digital Data Protection rules have hits and misses

Some provisions can set a global example for age-gating but others would overburden data fiduciaries

time-read
4 Minuten  |
January 06, 2025
Mint Hyderabad

The 'Asian Aunty' is smashing ageist and gender stereotypes

'Aunty' leaders are tackling a widely normalized form of 'othering'

time-read
3 Minuten  |
January 06, 2025
Mint Hyderabad

Public debt: Do not let it eclipse the fiscal deficit

The Centre's plan to adopt debt as its new focus for budget prudence after 2025-26 does hold merit but we must not lose track of the fiscal gap. It'll remain a valuable economic indicator

time-read
2 Minuten  |
January 06, 2025
Mint Hyderabad

Longevity Is Usually A Reward For Being Unspectacular

Careers That Endure Are Typically Not Spectacular. This Is So In Politics As Well As Other Fields

time-read
4 Minuten  |
January 06, 2025
Mint Hyderabad

Get public-private partnerships right for target-oriented growth

The UK's new government should engage the private sector with deals that achieve public objectives

time-read
3 Minuten  |
January 06, 2025
Mint Hyderabad

How to Use Home Loan Interest as Acquisition Cost

What to do with home loan interest

time-read
2 Minuten  |
January 06, 2025
Mint Hyderabad

Inside Sebi's 30-month investigation

Though independent directors do not oversee a company's daily operations, Sebi has said that there is direct evidence of their involvement in the scam.

time-read
2 Minuten  |
January 06, 2025