News Muncher - category mro

2 weeks, 2 days ago

Unimech Aerospace IPO: Why are brokers bullish on it? Check latest GMP

The initial public offering of Unimech Aerospace has garnered massive attention, with strong subscriptions across investor categories. Unimech Aerospace’s shares are commanding a grey market premium of Rs 630 as of December 26, 2024, which suggests an estimated listing price of Rs 1,415. Unimech Aerospace aims to raise Rs 500 crore through the IPO, which includes a fresh issue of …

India Market Aerospace 2024 Ipo Mro Subscribe

Adani acquires 86% stake in MRO firm Air Works

Hindustan Times

MUMBAI: The Adani group’s defence arm, Adani Defence Systems & Technologies Ltd, has signed an agreement to acquire an 85.8% stake in Air Works, India’s largest private-sector Maintenance, Repair and Overhaul company. Air Works, founded in Mumbai in April 1951 but now headquartered in Delhi, offers aviation services such as spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, …

India Mumbai Indian Adani Mro Firm Air

2 weeks, 4 days ago

Adani Group to acquire aircraft maintenance company Air Works for ₹400 crore

Hindustan Times

Adani Group on Monday said it will acquire aviation maintenance, repair and overhaul services firm Air Works for an enterprise value of ₹400 crore. The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, November 21, 2024 "Adani Defence Systems & Technologies Ltd has signed a share purchase agreement …

India Services Indian Air Adani Defence Aviation Works

2 weeks, 4 days ago

Adani Group acquires Air Works to boost defence business

Live Mint

MUMBAI: 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 company. The acquisition, with an enterprise value of ₹400 crore, will enable Adani Group to offer a range of of aviation services spanning line maintenance, heavy checks, interior …

India Aviation Services Indian Air Group Mint

2 weeks, 5 days ago

Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value

New Indian Express

Adani Defence Systems & Technologies Ltd is acquiring 85.8% shareholding in Air Works, India’s largest private sector MRO company with the largest pan-India footprint, said the Adani Group in a statement on Monday. ADSTL will acquire the Air Works stake at an Enterprise Value of Rs 400 crore. Air Works offers an end-to-end bouquet of aviation services spanning line maintenance, …

India Indian Crore Air Mro Sector Defence Acquires

2 weeks, 5 days ago

Adani group to acquire 85.8 per cent stake in Air Works for enterprise value of Rs 400 crore

India TV News

Adani Defence Systems and Technologies Limited, a wholly owned subsidiary of Adani Enterprises, on Monday, said that it will acquire an 85.8 per cent stake in Air Works, India’s largest private-sector maintenance, repair, and overhaul company, for an enterprise value of Rs 400 crore. "Adani Defence Systems & Technologies Ltd has signed a share purchase agreement to acquire 85.8 per …

India Aviation Defence Indian Air Adani Works

3 weeks, 1 day ago

SpiceJet to operationalise 3 grounded Boeing 737 MAX planes by April 2025; inks pact with MRO provider

The Hindu

SpiceJet has entered into an agreement with US-based StandardAero that will provide the services for operationalising the airline's grounded Boeing 737 MAX planes and three of the aircraft are expected to return to service by April 2025. StandardAero is also a MRO services provider for CFM LEAP-1B engines, which power SpiceJet’s Boeing 737 MAX planes. “These developments pave the way …

Aircraft Boeing Airline Max Spicejet Mro 737 Max

1 month, 4 weeks ago

On ED Request, Boodhan Land Probe Reopened

Deccan Chronicle

HYDERABAD: On the directions of DGP Dr Jitender, the Rachakonda police have begun re-investigating a case filed by the Maheshwaram police in FIR 83 of 2023, against then mandal revenue officer R.G. “After we approached the DGP, he instructed Rachakonda police commissioner to reopen the case and make the necessary amendments in the FIR by adding the relevant sections. It …

Land Case Fir Dgp 2023 Officer Mro

3 months, 2 weeks ago

Biden appreciates progress made by India in procuring 31 MQ-9B aircraft from US

New Indian Express

NEW DELHI: US President Joe Biden welcomed the progress made by India to procure 31 General Atomics MQ-9B remotely piloted aircraft and their associated equipment which will enhance intelligence, surveillance and reconnaissance capabilities of India’s armed forces. President Biden welcomed India’s decision to set a uniform Goods and Services Tax of 5 per cent on the maintenance, repair, and overhaul …

Aircraft Biden Welcomed India Mro

4 months, 4 weeks ago

Noida airport begins process to hire company to develop MRO hub

Hindustan Times

The Noida International Airport Limited has begun the process of hiring a company to develop a maintenance, repair, and overhaul hub at the upcoming Noida International Airport. The Noida International Airport Limited is likely to estimate the project’s cost and issue another tender to select a company that will develop an MRO hub on 1365 hectares of land that is …

Airport Uttar Pradesh Land Noida Singh Facility Mro

5 months, 4 weeks ago

Brisbane holds off West Coast but Charlie Cameron in MRO trouble, GWS beats Richmond, Gold Coast handles Port Adelaide

ABC

Brisbane star Charlie Cameron faces a nervous wait after his crunching tackle concussed an opponent during his team's 13-point win over West Coast at Perth Stadium. On a day when the Eagles farewelled premiership coach Adam Simpson with an emotional pre-match ceremony, Brisbane star Lachie Neale tallied 34 disposals, 13 clearances and two goals to lift his side to the …

West Coast Eagles Brisbane Cameron West Coast Duggan

6 months, 1 week ago

Day after his death, speculation abounds over suicide of farmer in Telangana

New Indian Express

KHAMMAM : There are several doubts circulating on social media regarding the suicide of farmer Bogedla Prabhakar. Meanwhile, Deputy Chief Minister Mallu Bhatti Vkramarka on Wednesday assured people that the government will not spare anyone responsible for the farmer’s suicide. Family members of the farmer on Wednesday staged a protest before Mandal Revenue Officer K Ramesh at the water tank …

Prabhakar

6 months, 1 week ago

Aviation industry stares at an engineering talent bottleneck amid big expansion move

Hindustan Times

India’s aviation industry faces a critical shortage of aircraft maintenance engineers as airlines expand their fleets, industry experts have warned, pointing to what they said has been an overlooked aspect of an industry that otherwise has a steadier pipeline of feeding pilots and cabin crew. “After Covid, air traffic is booming again and major airlines like IndiGo, Air India, Akasa …

India Training Aviation Engineering Industry Gmr Mro

7 months, 3 weeks ago

Candidates demand ECI probe into opening of strongroom in presence of YSRCP leaders

The Hindu

The demand of the opposition parties for a probe into the alleged opening of the strongroom set up at the MRO’s office in Vizianagaram on May 16 in the presence of two YSRCP leaders, reportedly without intimating the other contestants, is growing louder. Local MLA Kolagatla Veerabhadra Swamy’s son-in-law Eswar Kaushik and Mandal Praja Parishad president Mamidi Appala Naidu were …

Office Leaders Officials Eci Alleged Collector Mro

9 months ago

Ramco Systems stock price hits 20% upper circuit on a multi-million-dollar deal with Korean Air

Live Mint

Shares of Ramco Systems hit their 20 percent upper circuit of ₹341.75 apiece on Wednesday following the company's announcement of signing a significant multi-million-dollar deal with Korean Air, the largest airline in Korea. In an exchange filing, Ramco Systems said it entered into a strategic engagement with Korean Air, a flag carrier of South Korea and its largest airline, to …

Air Korean Mro Korean Air Ramco Ramco Systems Engine Maintenance

9 months ago

Plot and plunder | Land grabbing cases in Telangana

The Hindu

There is unmistakable joy on Anumandla Ravinder’s face when he tells his friends and relatives about his lifelong dream finally taking shape on a 140-square yard plot: building a house for his family. Three others, armed with forged documents, claimed rights to the plot,” says Ravinder, adding that those people had filed multiple cases against him over the now ‘disputed’ …

Land Documents Telangana Revenue House Reddy Site

11 months ago

Thales Group to expand strategic collaborations, set up MRO for civil aviation in India

The Hindu

French electronics major Thales is significantly expanding its investments as well as sourcing from India. Elaborating on the MRO facility, he said that “combining the strengths of Indian civil aviation market with Thales’s prowess in avionics”, they are investing in an MRO set-up in India to provide “world-class service efficiency” to their airline customers. “In the spirit of ‘Make in …

India Local Indian Group Mro Saraf Thales

11 months, 2 weeks ago

French aerospace giant Thales plans to set up avionics MRO in Delhi

The Hindu

As New Delhi and Paris looked to expand strategic partnership, French defence major Thales on January 26 said it is bringing its "trusted" high-tech capabilities to India and plans to set up an avionics MRO in Delhi to provide world class services to its airline customers. Mr. Saraf described the decision to set up the avionics MRO in Delhi as …

India France Bengaluru Delhi Defence Indian French

11 months, 4 weeks ago

Navi Mumbai International Airport: To Operate in November This Year, Plan for Dual-Airport Cities Revealed

News 18

Union minister Jyotiraditya Scindia on Friday said the Navi Mumbai international airport will become operational from November or December this year, and also announced that in the next 10 to 15 years, at least 10 cities in India will have two airports each. “The country had been waiting since the last 60 years to see Mumbai getting connected to Navi …

India Mumbai Airport Navi Mumbai Navi Scindia Indamer Mro

1 year ago

Malla Reddy, Aides Booked for Cheating Farmer of 47.45 Acres

Deccan Chronicle

Hyderabad: BRS legislator and former minister Ch. Malla Reddy and his associates were booked under IPC sections of cheating and sections of the SC & ST Act by the Shamirpet police for allegedly cheating a farmer for acquiring his 47.45 acres in Keshavaram village of Muduchintalapalli mandal of Medchal Malkajgiri district. None of them are educated.” Identifying the mediators as …

Family Reddy Mro Malla Reddy

1 year, 2 months ago

Monthly Digest Of IBC Cases: October 2023

Live Law

Supreme Court The Supreme Court bench comprising Justices S Ravindra Bhat and Aravind Kumar, has held that homebuyers cannot be treated differently from other "financial creditors" under the Insolvency and Bankruptcy Code 2016 just because they have secured orders from the authority under the Real Estate Act 2016. 799 of 2023 The National Company Law Appellate Tribunal, Principal Bench, New …

Law India Summer Vacation Supreme Court Property National Corporate Debtor

1 year, 2 months ago

NCLAT Chennai: Shareholders Cannot Take Decisions For The Company’s Business Or Hold Negotiations With Parties

Live Law

The National Company Law Appellate Tribunal, Chennai Bench comprising of Justice M. Venugopal and Shreesha Merla has dismissed an appeal filed by Jitendra Virmani against Mro-Tek Realty Limited. The Appellate Tribunal held that the Board of Directors has the onus to take decisions for the Company’s business or negotiations with the parties concerned and not the shareholders of the company. …

Shareholders Company Nclat Advocate Mro Appellant Hold Negotiations

1 year, 3 months ago

Indian Air Force 91st anniversary: 'Atamnirbharta' in aerospace critical to nation's strategic autonomy

Firstpost

It is best to take a collaborative approach and use economic muscle and high military system requirements to seek the transfer of technology Indian Air Force kicked off the 91st anniversary deliberations with a massive event showcasing hard combat power and its massive soft power at Bhopal, Madhya Pradesh. India’s huge aerospace requirements Indian Armed Forces require many fighter aircraft, …

Global India Defence Aircraft Indian Air Boeing

1 year, 5 months ago

GMR aviation SEZ signs land lease agreement with Safran

The Hindu

GMR Hyderabad Aviation SEZ Limited, a subsidiary of GMR Hyderabad International Airport Ltd., has signed a land lease agreement with Safran Aircraft Engines Services India Pvt. Mr. Aman Kapoor, CEO GMR Airport Land Development, expressed enthusiasm about Safran’s choice of GMR Industrial Park, highlighting the selection process and the establishment of one of the world’s largest engine MROs. Within the …

Hyderabad Engine Engines Facility Gmr Mro Safran

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Articles for Mro

Unimech Aerospace IPO: Why are brokers bullish on it? Check latest GMP

Adani acquires 86% stake in MRO firm Air Works

Adani Group to acquire aircraft maintenance company Air Works for ₹400 crore

Adani Group acquires Air Works to boost defence business

Adani Defence acquires 85.8% stake in Air Works at Rs 400 crore enterprise value

Adani group to acquire 85.8 per cent stake in Air Works for enterprise value of Rs 400 crore

SpiceJet to operationalise 3 grounded Boeing 737 MAX planes by April 2025; inks pact with MRO provider

On ED Request, Boodhan Land Probe Reopened

Biden appreciates progress made by India in procuring 31 MQ-9B aircraft from US

Noida airport begins process to hire company to develop MRO hub

Brisbane holds off West Coast but Charlie Cameron in MRO trouble, GWS beats Richmond, Gold Coast handles Port Adelaide

Day after his death, speculation abounds over suicide of farmer in Telangana

Aviation industry stares at an engineering talent bottleneck amid big expansion move

Candidates demand ECI probe into opening of strongroom in presence of YSRCP leaders

Ramco Systems stock price hits 20% upper circuit on a multi-million-dollar deal with Korean Air

Plot and plunder | Land grabbing cases in Telangana

Thales Group to expand strategic collaborations, set up MRO for civil aviation in India

French aerospace giant Thales plans to set up avionics MRO in Delhi

Navi Mumbai International Airport: To Operate in November This Year, Plan for Dual-Airport Cities Revealed

Malla Reddy, Aides Booked for Cheating Farmer of 47.45 Acres

Monthly Digest Of IBC Cases: October 2023

NCLAT Chennai: Shareholders Cannot Take Decisions For The Company’s Business Or Hold Negotiations With Parties

Indian Air Force 91st anniversary: 'Atamnirbharta' in aerospace critical to nation's strategic autonomy

GMR aviation SEZ signs land lease agreement with Safran