Adani expands aircraft MRO biz, buys Nagpur firm Indamer

NEW DELHI: The Adani Group has further expanded its presence in the maintenance, repair and overhaul (MRO) space. After acquiring Air Works, it has now bought another major MRO player in Nagpur.Adani Defence Systems and Technologies (ADSTL), through its joint venture Horizon Aero Solutions, has signed a definitive agreement to acquire a 100% stake in…

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MFs trump global woes, SIPs hit new high in July

MUMBAI: Investors ignored a volatile stock market in July and doubled down with their investments in mutual funds during the month – mostly through equity schemes – surpassing several records. Monthly gross flows through the SIP route, monthly net equity flows and total assets managed by the fund industry, all recorded new peaks in July.At…

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Gold hits record highs above Rs 1 lakh on tariff fears and safe-haven demand! Should you buy, hold or sell? Here’s what experts say

Gold prices in India surged to unprecedented levels last week, breaching the Rs 1.02 lakh mark on Friday, driven by US President Donald Trump’s tariff policies and a broader global flight to safety. Market experts say the rally reflects deepening concerns over the US dollar’s reliability, inflation risks, and geopolitical tensions.“Uncertainty over the long-term reliability…

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