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AVIATION ASSETS ACQUISITION
Raymond eyes precision engineering, in talks to buy German aerospace supplier DehardeRaymond's move, if successful, would mark its first overseas acquisition post-restructuring and bolster its aerospace manufacturing capabil...- $15 billion game-changer: Reliance Jio readies for a big bang in spaceReliance Jio is reportedly planning a massive 1,600-satellite low Earth orbit constellation, aiming for direct-to-device connectivity and e...
- IndiGo approves $450 million plan to acquire aircraft, enginesIndiGo's parent company, InterGlobe Aviation, has approved a significant plan. Up to $450 million will be deployed to acquire aircraft, eng...
- Gujarat’s GIFT City boom draws Incuspaze into 60,000 sq ft office expansion dealFlexible workspace provider Incuspaze has leased 60,000 sq ft at Million Minds Tech City in the Ahmedabad-GIFT City corridor, expanding its...
- IHCL shifts focus to overseas expansion as domestic business runs on autopilotThe Indian Hotels Company, affectionately known as IHCL, is setting its sights on global horizons. With its domestic operations thriving, t...
- India’s hotel expansion gains pace, draws institutional capital into real estate foldIndia's hotel sector is set for robust growth, with operators planning over 70,000 new rooms by 2030. Driven by strong domestic travel and ...
- Adani Ports to be one of implementing entities in Jaiprakash Associates insolvency planAdani Ports has signaled interest in acquiring assets from Jaiprakash Associates under an approved insolvency resolution plan. This move co...
- Adani's defence arm to buy Air Works at Rs 400 crore valuationAdani Defence Systems & Technologies Ltd is acquiring an 85.8% stake in Air Works India for ₹400 crore, enhancing its presence in aviation....
- SAMHI Hotels acquires Innmar Tourism and Hotels private LtdSAMHI has completed the Share Purchase Agreement for acquiring Innmar Tourism and Hotels Private Limited, adding a 142-room hotel in Bengal...
- Adani’s acquisition of Air Works delayedAdani group's proposed acquisition of maintenance, repair and overhaul (MRO) company Air Works has got delayed after a major shareholder in...
- HAL signs contract with Nigerian Army for Phase II training on Chetak HelicopterThis marks the continuation of the contract signed in April 2021 for imparting Phase-I flying training to six Nigerian Army Aviation office...
- Tata Group may ask for indemnity clause in Air India privatisation dealThe Tatas may also seek sovereign guarantee against any pre-acquisition claims that Air India faces, as experts say an indemnity in favour ...
- Jet Airways has no right on its old slots, DGCA tells bankruptcy courtThe government supports the revival of the airline, but any application for the allotment of slots and other approvals, validations and rec...
- Essar Oil UK Group acquires BP's pipeline, terminal linked to Stanlow refineryEssar Oil UK has acquired 11.5% stake in UKOP pipeline, 45% stake in Kingsbury Terminal and the entire 100% stake in Northampton Terminal.
- Tatas not OK with Goyal in Jet Airways cockpit, wants complete control over the airlineTata is interested in an outright purchase either of the entire company or its assets such as aircraft.
- Reliance, Essar in race to buy BP's Africa assetsBP is selling retail outlets, terminals and aviation fuel stations in Botswana, Tanzania, Namibia, Malawi and possibly also in Zambia. The ...
- IBS buys US firm VISaerIBS Software, a Kerala-headquartered IT solutions provider for the travel, transportation and logistics industry, has acquired US-based VIS...
- Nagpur airport transfer deferred againThe civil aviation ministry has once again put off handing over the airport assets for developing a multi-modal international hub in Nagpur.
- Airline M&As: Patel set to play best manThe Civil Aviation Minister has decided to support M&As in the sector with industry-friendly norms.
- UB arm makes open offer for Air DeccanKingfisher Radio, a wholly-owned subsidiary of United Breweries Holdings Ltd will make an open offer to shareholders of Deccan Aviation, wh...
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