Payment Terms

Daily Briefing: Adanis seeks to buy stake in key aircraft backend company; Life Gets Riskier For 10 Minute Delivery Executives

Adani Group plans to invest in key aircraft backend company; to the father-son law duo behind the Gyanvapi Masjid case – here are today’s top stories.

The big story

The Adani group, which manages seven airports in the country, is seeks to invest in Mumbai-based Air Works Group, a 71-year-old company that is the largest independent aircraft maintenance, repair and overhaul (MRO) organization in India. Air Works flies to IndiGo, GoAir and Vistara, in addition to more than a dozen foreign airlines, including Lufthansa, Turkish Airlines, FlyDubai, Etihad and Virgin Atlantic. It also counts the Indian Navy among its customers.

The best of Express Premium

Prime
The Sunday profile: father, son and Prime
Tavleen Singh writes: India must choosePrime
7 airports with him, Adanis is looking to buy a stake in key aircraft back-end companies...Prime

Only in the Express

The Center cleared four of the six names of lawyers recommended by the Supreme Court panel in February to be appointed judges of the Madras High Court, The Sunday Express has learned. However, the recommendation of Abdul Ghani Abdul Hameed, and R. John Sathya would be pending. Many members of the Bar see this as a repeat of what happened in the case of C Emalias, another minority candidate recommended for the post of judge.

From the first page

One month before the Amarnath Yatra, the construction of dormitories for pilgrims en route to Ramban has stopped following alleged detention of two senior engineers of the Central Public Works Department (CPWD) by the Jammu and Kashmir Police, apparently on the orders of Principal Secretary Lieutenant Governor Manoj Sinha.

Air operator Indigo will have to pay a fine of Rs 5 lakh imposed by the country’s aviation regulator for denying boarding to a specially disabled child at Ranchi airport on May 7. The regulator noted that special situations deserve extraordinary responses, but airline staff failed to seize the opportunity. The regulator also said it would review its own regulations on denying passengers boarding.

must read

In India’s fast trade market, fast deliveries come at a cost — literally. Leading companies such as Blinkit and Zepto have introduced new incentive payment terms which include penalizing workers for late deliveries in some cases. Delivery workers say the new conditions force them to drive even faster with the controls and make them more likely to break traffic rules, putting themselves and others on the road at risk.

In 1993, Hari Shankar Jain, a Lucknow-based lawyer, scored his first major victory by obtaining a court order to open the doors of the Babri Masjid for Hindus to worship there. Since then, Jain, now assisted by his son Vishnu, has been at the center of a series of claims that have suddenly been revived in the courts – from Gyanvapi to Shahi Idgah, from the Taj Mahal to Qutub Minar. We take a look at how the father-son duo got here.

P Chidambaram writes on how soaring fuel prices have intensified the face-off between the Center and the states: “On May 22, the Minister of Finance tried to shame the states: ‘I reduced the duties, now you reduce the VAT”. It was an attempt at one-upmanship. As the numbers plummeted, it became clear that the Center had no case to ask the states”

West Bengal Governor Jagdeep Dhankhar has repeatedly opposed the ruling TMC-led administration since he took office in 2019. As tensions continue to rise, it appears the government of the state plans removing him from the post of Visitor in private universities. This comes just days after the State Cabinet decided to introduce a bill in the State Assembly to appoint CM Mamata Banerjee as Chancellor of all public universities.

And finally

The Faculty of Fine Arts (FFA) at Maharaja Sayajirao University (MSU) in Baroda was once a widely known center for fostering creative experiences. The radical thinking and intellectual dissent the ministry once encouraged, however, now seems threatened. Earlier this month, the MSU union decided unanimously to rusticate Kundan Yadav, a student in the sculpture department, for allegedly creating artwork that led to a protest by right-wing groups on campus. at the beginning of the month.

Until tomorrow,

Leela Prasad G and Rahel Philipose