Current Affairs - Business - Discussion
Discussion Forum : Business - Latest Current Affairs (Q.No. 94)
94.
Which company has acquired an 85.8% stake in Air Works for Rs 400 crore?
Answer: Option
Explanation:
Adani Group has acquired an 85.8% stake in Air Works, India's largest private-sector Maintenance, Repair, and Overhaul (MRO) company, for Rs 400 crore. This acquisition strengthens Adani’s presence in India’s civil and defence aviation services sectors, contributing to the country’s growing aviation market and supporting the Aatmanirbhar Bharat initiative. The move also expands Adani’s capabilities in the defence and civil MRO sectors, enhancing its service offerings and footprint across India and internationally.
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