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Adani Defence Expands Aviation Training Footprint With Rs 820 Crore FSTC Deal
Business

Adani Defence Expands Aviation Training Footprint With Rs 820 Crore FSTC Deal

Adani Defence Systems & Technologies Ltd (ADSTL), along 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, in a deal valued at Rs 820 crore. The acquisition covers FSTC’s operations, which currently include 11 full-flight simulators, 17 training aircraft and major simulation centres in Gurugram and Hyderabad. The move places the Adani Group firm deeper into the aviation training and defence simulation sector at a time when pilot training demand is rising across civilian and defence services. Pilot Training Capacity To Expand FSTC offers commercial pilot licence training, type ratings, recurrent training and specialised courses. The firm is certified by the Directorate General of Civil Aviation (DGCA) and the European Union Aviation Safety Agency (EASA). It also runs one of India’s largest flying schools in Bhiwani and Narnaul in Haryana. The company’s expansion plans include scaling across both civil and defence aviation training. Officials said India’s defence pilot training ecosystem is drawing higher investment, mirroring the simulator-based training focus in civil aviation for safety and cost efficiency. Ashish Rajvanshi, CEO of Adani Defence & Aerospace, said the deal fits within the group’s broader aviation services strategy. “This acquisition is the next step in our strategy to build a fully integrated aviation services platform. With FSTC joining Air Works and Indamer Technics, we can now serve customers across civil MRO, general aviation MRO, defence MRO and full-stack flight training,” he said. Growing Demand For Certified Pilots Rajvanshi pointed to the growing fleet expansion in the country. “With Indian airlines expected to induct 1,500+ aircraft, the requirement for certified pilots will multiply sharply,” he said. He added that the government’s emphasis on advanced training and mission rehearsal for the armed forces is creating new opportunities in defence simulation. ADSTL is a subsidiary of Adani Enterprises Ltd (AEL). Horizon Aero Solutions Limited (HASL), a joint venture between ADSTL and Prime Aero Services LLP, is a step-down subsidiary of AEL. About Adani Enterprises Ltd Adani Defence & Aerospace is part of the Adani Group and focuses on defence manufacturing, simulation and related services. Adani Enterprises is the flagship company of the group and has built businesses across ports, logistics, power, energy and aviation infrastructure. Further details on integration and future expansion plans are expected in the coming months.

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11 months ago
Nikki Haley’s son, who wants to ban H-1B, explains why Zohran Mamdani won NYC elections: 'They have different ways...'
World

Nikki Haley’s son, who wants to ban H-1B, explains why Zohran Mamdani won NYC elections: 'They have different ways...'

Nalin, the son of Nikki Haley, asserts that the discontent among young Americans, illustrated by socialist Zohran Mamdani's electoral success, is due to Republican indifference to pressing economic issues. He mentions that many of his peers, even those holding degrees, are struggling to secure employment—a challenge that Democrats are keen to tackle.

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11 months ago
“Publicly retracting their statements”: Legal Mindset sounds alarm bells for Denims and Frogan as Ethan Klein lawsuit heats up
World

“Publicly retracting their statements”: Legal Mindset sounds alarm bells for Denims and Frogan as Ethan Klein lawsuit heats up

YouTuber Andrew Legal Mindset analyzed Ethan Klein's lawsuit against streamers Denims, Frogan, and Kaceytron, highlighting the immense emotional and financial toll. With Klein rejecting a settlement, Legal Mindset advised transparency and creative solutions, including apologies and information sharing, as litigation costs could bankrupt the accused streamers. Kaceytron's prior offer was deemed insufficient.

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11 months ago
Dharmendra's prayer meet: Salman, SRK arrive to pay respects
Entertainment

Dharmendra's prayer meet: Salman, SRK arrive to pay respects

Bollywood's fraternity gathered in Bandra, Mumbai, for a 'Celebration of Life' prayer meet honoring the late legend Dharmendra. Salman Khan, who considered Dharmendra a father figure, was among the prominent attendees. The event followed the actor's demise on November 24, with numerous stars having previously attended his funeral and visited the grieving family.

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11 months ago
'People called me racist in 2021': JD Vance reacts amid row over who allowed White House shooter Rahmanullah Lakanwal inside US
World

'People called me racist in 2021': JD Vance reacts amid row over who allowed White House shooter Rahmanullah Lakanwal inside US

Vice President JD Vance said when in 2021 he had opposed to Biden's decision of opening the gate for Afghan refugees, he was called a 'racist'. "They shouldn't have been in our country," Vance wrote after White House shooter was identified as Rahmanullah Lakanwal, an Afghan refugee who came to the US in 2024; but was granted asylum by the Donald Trump administration.

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11 months ago
Hong Kong Fire Tragedy: Was Bad Construction A Death Trap Waiting To Happen?
World

Hong Kong Fire Tragedy: Was Bad Construction A Death Trap Waiting To Happen?

A devastating fire in a Hong Kong high-rise apartment complex has claimed at least 65 lives, with more than 300 people reported missing as the blaze continues. The fire broke out at Wang Fuk Court in Taipo, affecting seven of the eight towers in the residential complex that houses around 4,600 residents. Worst Fire in Decades The incident is classified as a Grade 5 fire and is the deadliest in Hong Kong in 17 years. The previous major fire in November 1996 in Kowloon killed 41 people in a commercial building over the course of roughly a day. The current fire started in bamboo scaffolding and construction netting, spreading rapidly across seven towers. Firefighters have been battling the flames for over 20 hours, while efforts continue to locate dozens of missing residents. Substandard Materials Blamed Authorities have pointed to substandard protective mesh and plastic as a factor in the fire’s intensity and spread. Some windows on the unaffected building were reportedly sealed with foam installed during renovation work. “Protective netting, fire-resistant cloth and plastic sheeting on the exterior of the building burned far more intensely and spread much faster than compliant materials normally would,” said Secretary for Security Chris Tang, according to Bloomberg. The apartment complex, built as government-subsidised housing in the 1980s, was undergoing extensive renovation at the time of the fire. Police Arrests and Allegations of Negligence Hong Kong police arrested two directors and an engineering consultant from the company responsible for the renovations on suspicion of manslaughter. “We have reason to believe that the company’s responsible parties were grossly negligent, which led to this accident and caused the fire to spread uncontrollably, resulting in major casualties,” said Eileen Chung, Hong Kong police superintendent. Public Outcry Over Safety Failures Residents have criticised faulty fire alarms, the use of bamboo scaffolding, and general safety lapses. Visuals of the fire showed towers still burning after dark, with smoke visible across the city. Temporary shelters were arranged for displaced residents overnight. Hong Kong Chief Executive John Lee announced that a government task force will be set up to investigate the disaster. He also said authorities plan to inspect all housing estates undergoing major repairs to review the safety of scaffolding and construction materials.

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11 months ago
Imran Khan Death Claims Go Viral: Sister Aleema Breaks Silence On His Safety
World

Imran Khan Death Claims Go Viral: Sister Aleema Breaks Silence On His Safety

Growing public anger in Pakistan over the treatment of jailed former prime minister Imran Khan has reached the streets, as his sister Aleema Khanum told media that the family has already consulted lawyers to file a petition demanding that Imran Khan be produced before a court of law. Her remarks come amid escalating speculation over the former PM’s health and safety inside a Rawalpindi prison. Aleema Khanum insisted the family will continue pressing for transparency, as concerns continue to grow over the conditions under which Imran Khan is currently being held. Aleema Khanum also informed media that it was only a matter of time before frustration among Pakistani citizens boiled over. She confirmed that the family has sought legal advice on petitioning the authorities to ensure Imran Khan is presented before a court. Her comments follow days of swirling rumours and speculation over the former Pakistan PM’s condition in jail, prompting his supporters to demand immediate clarity from the government. “He Is In Excellent Health,” Says Sister Aleema Khanum dismissed circulating rumours about harm or mistreatment inside the Rawalpindi prison. She asserted that Imran Khan is in good health and remains protected. “Imran Khan is in excellent health, they wouldn’t dare touch him,” she said, rejecting social media claims and reports questioning his safety. Supporters continue to express concerns and demand transparency, while the family is moving forward with its legal strategy amid growing unrest over the situation surrounding the Pakistan Tehreek-e-Insaf founder. PTI Demands Government Clarification Imran Khan's party-Pakistan Tehreek-e-Insaf (PTI)-has called for an official response from the government amid mounting speculation. The party urged authorities to immediately facilitate a meeting between Imran Khan and his family. The rumours and misinformation intensified after several social media accounts circulated unverified claims that Imran Khan “has been killed” in the Adiala Jail. The rumours gained traction after a handle called ‘Afghanistan Times’ alleged that credible sources claimed the former Pakistan PM had been “murdered” in Adiala Jail. The account further claimed that Khan’s body had been moved out of the prison. However, none of these claims has been confirmed by any credible agency or government department.

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11 months ago
Palash’s phone number LEAKED as his old tweets go VIRAL
Entertainment

Palash’s phone number LEAKED as his old tweets go VIRAL

Indian cricketer Smriti Mandhana's wedding to music composer Palash Muchhal has been indefinitely postponed, sparking intense online speculation. Muchhal is facing backlash after an old tweet revealing his phone number resurfaced. Mandhana also deleted her engagement announcement, fueling rumors. A family member urged the public to stop judging Muchhal during this difficult time.

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11 months ago
Cyber rules: DoT withdraws duplicate notification; original telecom security amendments stay in force
Business

Cyber rules: DoT withdraws duplicate notification; original telecom security amendments stay in force

The Department of Telecommunications has clarified that the amended Telecommunication Cyber Security (TCS) Rules, 2025, remain in force after a duplicate notification was withdrawn. These rules aim to combat cyber fraud by strengthening mobile number validation, scrutinizing the second-hand device market, and enhancing data-sharing norms for better traceability and accountability.

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11 months ago
Top 3 Crypto to Buy Before the Next Bull Run? Only 5% of MUTM Phase 6 Tokens Left
Business

Top 3 Crypto to Buy Before the Next Bull Run? Only 5% of MUTM Phase 6 Tokens Left

The market is preparing for the next major breakout cycle. Many investors are trying to decide which crypto to buy now before momentum returns. As older tokens slow down and show weak charts, one new DeFi project is racing toward a full Phase 6 sellout with only 5 percent of its current allocation still available. The contrast between fading performance and fresh demand is becoming clearer with each passing day. Pepecoin (PEPE) Pepecoin trades near $0.00000414 and holds a market cap close to $1.7B. The chart has been losing strength for several weeks. Resistance sits around $0.00000550 and another zone appears near $0.00000600. Pepecoin has failed to break these levels, and most attempts to climb higher have been rejected. Support is located around $0.00000400, but even this level looks unstable. Many analysts give PEPE a weak short term prediction. With a supply of nearly 420 trillion tokens, the room for strong moves is limited. To raise even a small amount, the token needs massive inflows. Without a clear use case or new catalyst, some analysts believe it may only rise 5% to 10% at most in the near future. Investors who want high upside often search for new crypto opportunities with smaller valuations and stronger use cases, which is why interest is shifting toward new DeFi projects. Solana (SOL) Solana is trading near $125 with a market cap of about $70B. This places it among the biggest crypto coins, but it also creates a limit on how far it can climb during the next cycle. The resistance zone between $175 and $185 continues to block upward moves. Solana has attempted to reclaim this level many times, yet each attempt has fallen short. Support sits around $120, and analysts warn that Solana may move sideways unless a major catalyst appears. Some forecasts show possible movement toward $140, but not much beyond that in the short term. With Solana still more than 50% below its all time high, the path ahead requires significant buying power. Many long term investors believe that while Solana is a strong network, the upside from this level is limited compared to smaller early stage tokens. Mutuum Finance (MUTM) Mutuum Finance (MUTM) is moving fast as investors search for the best crypto to invest in before the next bull run. The project aims to build a full on chain lending system that includes liquidity pools, automated liquidations and collateral backed borrowing. The structure gives users predictable APY through mtTokens. When depositors supply assets, they receive mtTokens that grow as borrowers repay interest. Borrowers use specific Loan to Value limits, which keeps debt positions safe. If the collateral drops too low, the system liquidates part of the position to protect the protocol. These features place Mutuum Finance in the DeFi category with a strong focus on stability. The presale has raised about $18.85M. More than 18,100 holders have already purchased roughly 805M tokens. Out of the total 4B supply, about 45.5% is dedicated to the presale. Phase 6 is now almost sold out at $0.035, and only about 5 percent of the allocation remains. This creates a sense of urgency because the next stage will increase the price. The Mutuum Finance team also confirmed on its official X account that V1 is planned for the Sepolia Testnet in Q4 2025. The code is finalized and is being reviewed by Halborn Security. The testnet will include mtTokens, liquidity pools, the debt token and the liquidation bot. ETH and USDT will be the first assets. mtTokens, Buy and Distribute Model and Oracle Support One of the reasons analysts believe MUTM could outperform PEPE and Solana in the next cycle is the token design. mtTokens increase in value through real protocol activity. This means yield comes from borrowers, not inflated emissions. Mutuum Finance also has a buy and distribute system. MUTM purchased on the open market is redistributed to users who stake mtTokens in the safety module. This long term buying pressure helps support price growth as the protocol becomes more active. Accurate price feeds are another part of the design. Mutuum Finance plans to use strong oracle systems with fallback sources and aggregated feeds. This improves liquidation accuracy and protects users during volatile market conditions. Many analysts view this as essential for long term DeFi stability. With this structure, price models show a possible move toward $0.10 to $0.15 after launch as long as demand remains strong. This aligns with investor interest in the next crypto to explode as the market cycle restarts. Stablecoin and Layer 2 Plans Boost Long Term Outlook Mutuum Finance plans to create a USD pegged stablecoin backed by collateralized on chain assets. Borrower interest will go into the treasury, creating a long term revenue system that benefits the ecosystem. Stablecoins often attract large user bases because they provide predictable borrowing and repayment conditions. The roadmap also includes future deployment on Layer 2 networks. Lower transaction costs allow more users to borrow, lend and interact with the protocol. This expansion is important for investors searching for the best crypto to buy now with long term potential. Layer 2 scaling and stablecoin usage often play major roles in DeFi growth. Analysts believe these features could push MUTM toward a long term move into the $0.20 to $0.30 range by late 2026 or early 2027 once adoption continues. Pepecoin is slowing down. Solana is facing strong resistance. Mutuum Finance is rising quickly with only a small part of Phase 6 still available. For many investors, the choice between these three tokens is becoming clearer as the next market cycle approaches. Only about 5% of MUTM tokens remain at $0.035. Once the final allocation is taken, the next stage begins and the entry price increases. Investors who wait may lose access to the lowest price before the next major move. For more information about Mutuum Finance (MUTM) visit the links below: Website: https://www.mutuum.com Linktree: https://linktr.ee/mutuumfinance Disclaimer: This is a sponsored article. ABP Network Pvt. Ltd. and/or ABP Live do not endorse/subscribe to its contents and/or views expressed herein. Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Cryptocurrency is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Cryptocurrency market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.

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11 months ago