Adani looks to acquire pilot training co FSTC

Mumbai: Adani Group‘s defence and aerospace unit is considering an acquisition of Flight Simulation Technique Centre (FSTC), India’s leading non-captive pilot training firm, people familiar with the matter said. If the deal goes through, it will mark the group’s entry into the aviation training business and ramp up its M&A portfolio.Established in 2012, FSTC has…

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Grand flag hoisting to mark completion of Ram temple will be a 4-minute affair | Lucknow News

Ayodhya: The temple town is all set to witness the grand flag hoisting ceremony on Tuesday, a historic milestone which would mark the completion of the Ram temple construction.The event, being described as historic and spiritually significant, will see Prime Minister Narendra Modi hoist the sacred flag atop the temple’s ‘shikhar’ (spire) — the ritual…

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Rental market moderates, NCR sees strong demand: Report

NEW DELHI: Magicbricks has released the rental Index for the July-Sept quarter, highlighting that the rental market is resetting after three quarters of strong activity. The report showed that average rents continued to strengthen, rising 4.4% quarter-on-quarter and 18.1% year-on-year, even as key metros displayed differing levels of tenant activity during this period.National rental demand…

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Finance ministry weighs proposal for PSU general insurers’ merger

NEW DELHI: The finance ministry is considering an earlier proposal to merge the three state-owned general insurance companies into a single entity, following their improved financial health, to achieve better efficiency and scale.Government infused Rs 17,450 crore between 2019-20 and 2021-22 in three PSU general insurance companies, namely Oriental Insurance, National Insurance and United India…

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