Adani Defence & Aerospace Acquires Air Works For Rs 400 Crore
NDTV
"Adani Defence Systems & Technologies Ltd (ADSTL) has signed a share purchase agreement to acquire 85.8 per cent shareholding in Air Works India (Engineering) Private Ltd," a company statement said.
Adani Defence & Aerospace announced on Monday that it has signed a binding agreement to acquire Air Works, India's largest private-sector maintenance, repair, and overhaul (MRO) company, 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 (Engineering) Private Ltd," a company statement said.
Air Works undertakes base maintenance for narrow-body and turboprop aircraft, as well as rotary aircraft from its facilities at Hosur, Mumbai, and Kochi and with regulatory approvals from civil aviation authorities of more than 20 countries.
According to the statement, ammonia concentrations exceeding 5.0 ppm have reduced water production at the Wazirabad Water Treatment Plant by 25-50 per cent.
Commodore Robert Bellfield, Royal Navy Commander London and Eastern England received the Indian Navy warship on behalf of the UK government on Sunday.
The Central Bureau of Investigation is the National Central Bureau of India solely responsible for Interpol-related affairs.
The chief minister said preparations for the "Sanatan Gaurav Maha Kumbh" are well underway.
Devendra Fadnavis informed that the state government have announced a judicial inquiry into Parbhani violence assuring that no one will be spared and the strictest action will be taken against the guilty.
The Manipur Police recruits went through a tough training programme that began in January this year and lasted over 44 weeks
In an exclusive interview with NDTV, Bhaskar said, "Allu Arjun is supporting us from Day 2. We do not want to blame anybody and consider it our bad luck... we were blamed for the arrest but we do not have the strength to fight...".
A former chief justice of India or a retired judge of the Supreme Court are appointed as NHRC chairperson by the President on the recommendation of the selection committee.
"He was very interested in learning new things on his own," professor Dr G Vadivu of SRM Institute of Science and Technology (SRMIST) said about alumnus Sriram Krishnan
Since the 'One Nation, One Poll Bill' seeks to amend the Constitution, it will require support of two-thirds of the members present and voting.