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Here are the latest updates on who will be the CM in the three states:Assembly Election Results LIVE: Former Rajasthan deputy chief minister, Sachin Pilot, who defeated Ajit Singh Mehta of the BJP by 29,475 votes on Monday said that he would continue to be a Congress soldier and work for the party's betterment, although Congress lost majority support in Rajasthan.Sachin Pilot while speaking to ANI on Wednesday in Tonk said, "I have always been dedicated towards my party and people, and in the coming days, I will work for the party strongly. And will also work for setting up accountability for the newly formed government." Assembly Election Results LIVE: BJP stood up for Chhattisgarh assembly elections without a clear candidate for the post of chief minister.

HCL Tech: HCL Investments UK, the step-down wholly-owned subsidiary of HCL Technologies, has signed a Memorandum of Understanding with its joint venture partner, State Street International Holdings, for selling the entire 49% equity stake in the JV to State Street for $170 million, plus net book value. JSW Infra: JSW Infrastructure, part of the JSW Group, has acquired a stake in PNP Maritime Services (PNP Port) in Maharashtra's Raigad through its subsidiary, JSW Dharamtar Port. The estimated enterprise value of PNP Port is around ₹700 crore.

DUBLIN (Reuters) — The head of the world's second largest aircraft leasing company SMBC Aviation Capital expects a shortage of new aircraft to continue until at least 2026 and possibly beyond.

Rajnaitik garmi badi tezi se badh rahi hai (political temperatures are soaring)" — That's how Prime Minister Narenndra Modi kicked off his speech right before the start of the Winter Session of Parliament 2023 on Monday. Clearly, he was referring to the Bharatiya Janata Party's (BJP) win in three of the five assembly polls. Speaking about the results of the assembly polls, especially the BJP's performance in the Hindi hearland, PM Modi said that the results show that people "have rejected negativity." He also urged the opposition not to protest “for the sake of it." Parliament's Winter Session began on a high note on Monday, as PM Modi was welcomed in the Lok Sabha with applause.

Willis Lease Finance Corporation against budget airline SpiceJet. Willis Lease Finance Corporation had filed a petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, against SpiceJet for default of $6.58 million or Rs 53.96 crore for 107 invoices for 11 engines leased by four separate entities in April. SpiceJet had argued that the petition filed by Willis Lease Finance Corporation was not maintainable as it was neither the operational creditor nor an assignee of the debt from the four-engine lessors.

NEW DELHI : In some relief for SpiceJet, the National Company Law Tribunal on Monday dismissed a plea by aircraft lessor Willis Lease Finance Corp. to initiate insolvency proceedings against the cash-strapped airline. But apart from Willis Lease Finance, three other lessors—Celestial Aviation, Wilmington Trust, and Aircastle Ltd—have similar pleas pending with NCLT to admit SpiceJet into insolvency over unpaid dues.

Mayur Milak, Senior V-P- Auto & Aviation, Asian Markets Securities, says “Q3 is one of the best quarters for the aviation industry. If I look at IndiGo, we have just seen the correction in ATF prices at the beginning of December as well. Now, if I just compare this quarter's fuel cost vis-à-vis the earlier quarter, they are up by about 10%, maybe but your fares are up by almost 20%. So, it clearly gives a very strong edge on profitability.” Let us look at this question purely from the standpoint of somebody who wants to say, okay, I went on a booking portal and prices have been exorbitant. I went on a hotel website, prices were sky high. Now, as a customer, I may be feeling a pinch but as an investor, is it time to say buy some of these travel platform companies, aviation stocks or hotel stocks? Clearly, yes. Q3 is one of the best quarters for the aviation industry. If I look at IndiGo, we have just seen the correction in ATF prices at the beginning of December as well. Now, if I just compare this quarter's fuel cost vis-à-vis the earlier quarter, they are up by about 10%, maybe but your fares are up by almost 20%. So, it clearly gives a very strong edge on profitability. And with the kind of scenario pricing power that these guys are sitting on at this point, clearly a very strong buy.

Fewer airplanes and helicopters will be flying tourists over Mount Rushmore and other national monuments and parks as new regulations take effect that are intended to protect the serenity of some of the nation’s most beloved natural areas

By Rajesh Kumar Singh, Akanksha Khushi and Anirban Sen

MP Election Results 2023: Bharatiya Janata Party (BJP) has been leading in 230 constituent assembly states of Madhya Pradesh with 165 seats as per official reports of the Election Commission of India registered at 3:15 pm. Indian National Congress (INC) is on the back foot and is struggling behind with not even half the number of seats BJP has managed to secure. Congress' vote tally totals to 65 as per latest update.

insurance, textiles, retailing, candy, promotional services and newspapers. In 2022, Berkshire’s assets stood at about $948 billion—a compounded annual growth of 17%. Of this, about $308 billion, or about 30%, was in listed businesses run by others.

Delhi airport operator DIAL plans to levy higher charges from airlines for grounded aircraft as they occupy available parking space and impact overall operational efficiency, amid rising instances of grounding of planes due to technical and other issues. «We are planning that in the next traffic calculation, we are going to request that for people who are grounding (aircraft) here for more than a certain period, there should be some sort of higher charges because otherwise it disturbs the operations of other airlines,» Delhi International Airport Ltd (DIAL) CEO Videh Kumar Jaipuriar told PTI in an interview. Jaipuriar, who is in charge of the country's largest airport, was responding to a query on whether the operator will look at levying higher charges from airlines for aircraft that are grounded at the airport.

economy is set for a strong third quarter after a stellar show in the July-September period, showed a series of high-frequency indicators released on Friday. Manufacturing picked up pace in November, goods and services tax (GST) collections posted another month of robust growth, while auto companies dispatched record-high vehicles to dealers for November. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) showed manufacturing activity regaining momentum in November, rising to 56 from the eight-month low of 55.5 in the previous month.

₹249.50 apiece to ₹347.40 apiece, marking a stellar gain of 39.28%. This surge represents the stock's most outstanding monthly performance since December 2007. Also Read: Oil rises 1% after OPEC agrees to 1 million bpd supply cut; Brent reaches $84 Notably, the stock achieved a staggering 48% rally this year so far, with a remarkable 81% of this surge concentrated in the month of November alone.

world cup final frenzy did not help the month register more passengers than November 2019. In the end, the traffic this year was 2% lower than the traffic in November 2019. This makes November the only month in 2023 when the traffic dropped below the corresponding month in 2019.

₹21 per cylinder in various locations throughout the country. The hike will come into effect from today i.e.

windfall tax on crude petroleum and jet fuel by ₹1,300 per tonne, effective from December 1, as per a Moneycontrol report. The tax on crude petroleum has been reduced from ₹6,300/tonne to ₹5,000/tonne, while the levy on jet fuel has been adjusted to ₹1.06 lakh per kilo litre (kL) from the previous ₹1.11 lakh/kL, it added During the previous review on November 16, the government slashed the windfall tax on crude petroleum by ₹3,500 from ₹9,800 per tonne to ₹6,300 per tonne. This was in line with the downward trend in global oil prices.

Safety officials are releasing details of their investigation into a close call between a FedEx plane and a Southwest Airlines jet earlier this year in Austin, Texas

Federal officials say they will give investigators a better tool for understanding accidents and close calls between planes

The S&P BSE Sensex rose more than 700 points while Nifty50 reclaimed the 20,000 mark on Wednesday. The Nifty future closed positive with gains of 0.48% at 19889 levels. Positive setup was seen in stocks like Hindalco, IOC, Tata Motors, NMDC, Bharti Airtel, MCX, PNB, Hind Petro, Tata Power, India Cements, MFSL and Adani Port. India VIX was up by 7.46% from 11.33 to 12.17 levels in the previous trading session.

Essar Oil UK will invest $3.6 billion into a range of energy-efficiency and carbon-capture initiatives over the next four to five years. This will enable the company to decarbonise its production processes by 2030, its chief executive said. «Our focus is to decarbonise all the production processes,” Deepak Maheshwari said. Of the $3.6 billion, $2.4 billion will be invested at its site in Stanlow, between Liverpool and Manchester in the UK, and $1.2 billion in India. The investment, he said, will come from the company's own cash flows, a mix of debt and equity, and the UK government's subsidy for low-carbon initiatives which is termed as ‘contracts for difference’. Essar had in February announced the launch of Essar Energy Transition, an initiative to create an energy transition hub in Northwest England. »We see ourselves in a very unique position...by the time all government approvals are received, we would have implemented at least two of our hydrogen projects.