Correct Answer :   Adani Group

* 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.

Correct Answer :   40%

* Coca-Cola sold a 40% stake in its India bottling business, Hindustan Coca-Cola Holdings (HCCH), to Jubilant Bhartia Group for ?12,500 crore, valuing the company at ?31,250 crore.

* This sale aligns with Coca-Cola's asset-light refranchising strategy and will help strengthen its presence in India, its fifth-largest market.

* The transaction also marks a significant step for Jubilant Bhartia Group to expand its portfolio in the beverage sector, leveraging its expertise from businesses like Domino’s and Dunkin’ to boost growth in the bottling sector.

Correct Answer :   GAIL

GAIL has entered into its first long-term time charter agreement with Singapore-based "K" LINE for a new LNG ship, featuring a tank capacity of 1,74,000 cubic meters.

Scheduled to be operational by 2027 and built by Samsung Heavy Industries, this agreement enhances GAIL's LNG transport capabilities.

The partnership also benefits from "K" LINE's extensive 40-year expertise in LNG shipping, marking a significant step in strengthening India's energy infrastructure.

Correct Answer :   25.1%

Following the merger of Air India and Vistara, Singapore Airlines' stake in the new entity will decrease from its original 49% share in Vistara.

The reduced stake reflects the combined ownership structure of the unified airline.

As a result, Singapore Airlines will now hold a 25.1% stake in the new Air India group, marking a significant development in the aviation industry.

This merger aims to strengthen Air India's position in the market and enhance its operational efficiency. The unified carrier will operate under the Air India brand and airline code 'AI'.

Correct Answer :   ONGC

Oil and Natural Gas Corporation (ONGC) has joined forces with NTPC Limited to create a 50:50 joint venture, driving India's green energy future.

Through their respective green subsidiaries, ONGC Green Energy Ltd. (OGL) and NTPC Green Energy Ltd. (NGEL), the partnership aims to accelerate renewable energy growth in solar, wind, green hydrogen, and sustainable fuels.

This collaboration, approved by DIPAM and NITI Aayog, marks a significant step in achieving India's renewable and new energy goals.

The joint venture will explore diverse opportunities, including energy storage, green molecules, e-mobility, and carbon credits, solidifying ONGC's commitment to sustainable energy innovation.

Correct Answer :   Coal India Limited

Coal India Limited's 50th Foundation Day celebrations highlighted its significant contribution to India's energy sector.

The company's mascot, "Angara," symbolizes strength and resilience, reflecting the crucial role coal miners play.

As the largest coal-producing company in the world, Coal India Limited has been instrumental in meeting India's energy demands.

The launch of the Strategy Report on Coal and Lignite Exploration and the Mine Closure Portal underscores the company's commitment to sustainable and responsible mining practices. This milestone reinforces Coal India Limited's position as a vital component of India's energy infrastructure.

Correct Answer :   Zydus Lifesciences

Zydus Lifesciences has obtained in-principle approval from the World Health Organization (WHO) for its Typhoid Vi conjugate vaccine, ZyVac TCV.

This approval allows the vaccine to be eligible for procurement by the United Nations, marking a significant achievement for the company.

Manufactured at Zydus Biotech Park in Ahmedabad, ZyVac TCV is designed to provide protection against Salmonella typhi for individuals aged 6 months to 65 years.

This development highlights Zydus Lifesciences' commitment to addressing public health challenges through innovative vaccine solutions.

Correct Answer :   Bharat Electronics

Bharat Electronics Limited (BEL), in partnership with Israel Aerospace Industries (IAI), has created a joint venture named BEL IAI AeroSystems Private Ltd.

This venture is focused on providing long-term product support for the Medium Range Surface-to-Air Missile (MRSAM) systems used by India's defense forces.

The collaboration highlights the ongoing partnership between the two companies and aims to enhance India's defense capabilities, aligning with the government's initiative of ‘Atmanirbhar Bharat’ (self-reliant India). The MRSAM system plays a critical role in countering aerial threats for various branches of the Indian armed forces.

Correct Answer :   Bajaj

Bajaj Auto is preparing to launch the Freedom 125, a new generation 125cc motorcycle available in both petrol and CNG variants.

This motorcycle is notable for its unique design, featuring a 21-inch front wheel and a 16-inch rear wheel.

Priced at Rs 95,055, the Freedom 125 is positioned in the affordable segment, aiming to attract customers interested in both traditional and electric motorcycles, which Bajaj views as a significant opportunity in India's growing two-wheeler market.

Correct Answer :   Airbus

Gati Shakti Vishwavidyalaya (GSV) has commenced its first executive training program for the aviation sector in collaboration with Airbus.

This three-day program focused on Safety Management Systems, is held at the Asian Institute of Transport Development in New Delhi and includes participants from leading airlines and international professionals, emphasizing the significance of industry collaboration in enhancing aviation safety standards.