Adani Defence Systems & Technologies Ltd (ADSTL), a subsidiary of Adani Enterprises, is acquiring an 85.8% stake in Air Works India (Engineering) Pvt Ltd for ₹400 crore, aiming to enhance its presence in the aviation sector and expand capabilities in civil and defence MRO services. The share purchase agreement, signed by ADSTL, reflects a strategic move to build an integrated aviation services ecosystem and strengthen India’s aviation infrastructure, as highlighted by director Jeet Adani. This acquisition aligns with Adani Defence’s plan announced in October 2022 to acquire Air Works, marking a significant step towards achieving its aviation industry goals.
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Big blow for RR! Sanju Samson retires hurt mid-innings vs DC
SummaryRajasthan Royals encountered a significant challenge in their IPL 2025 match against Delhi Capitals as captain Sanju Samson retired hurt due to rib pain while batting, having scored 31 runs. This incident raised concerns about RR's campaign moving forward. Earlier, Delhi Capitals set a competitive total of 188/5, bolstered by solid performances from players Axar Patel, Tristan Stubbs, and Abhishek Porel. Full Article
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