Adani Defence boosts pilot training capacity with Rs 820 crore buyout of FSTC

IANS | November 27, 2025 7:24 PM

Ahmedabad, Nov 27 (IANS) Adani Defence Systems & Technologies Ltd (ADSTL), in collaboration with Prime Aero Services LLP, has finalised agreements to acquire a majority stake in Flight Simulation Technique Centre Pvt Ltd (FSTC), India’s largest independent flight training and simulation provider for an enterprise value of Rs 820 crore, according to a company statement issued on Thursday.

Govt returns Rs 1,887 crore unclaimed financial assets to citizens in 2 months

IANS | November 27, 2025 6:22 PM

New Delhi, Nov 27 (IANS) The Secretary of the Department of Financial Services, M. Nagaraju, said on Thursday that the government has succeeded in returning more than Rs 1,887 crore in unclaimed financial assets such as insurance policy claims and bank deposits to their rightful owners under the recently launched 'Your Money, Your Right' campaign.