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Reliance Infrastructure Takes Flight With ₹5k Cr Bet on Aircraft-Upgrade Business

The New Indian Express Kalaburagi

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June 09, 2025

RELIANCE Infrastructure is looking to turbocharge its defence vertical with a focus on aircraft upgrade programmes, eyeing an opportunity of ₹5,000 crore over the next 7-10 years, sources said.

- PTI @ New Delhi

This strategic foray positions Reliance Infrastructure as India's first private sector company to independently execute a comprehensive aircraft upgrade programme without being the original manufacturer -- a domain traditionally dominated by public sector units and OEMs. According to a company source, the company has already marked a significant milestone by successfully upgrading 55 Dornier-228 aircraft under a contract with Hindustan Aeronautics Ltd (HAL),

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Govt to bring bill to impose 70% cess on tobacco

THE Central government is set to replace the Compensation Cess with a new levy of 70% or higher on tobacco and tobacco-related products.

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Chinese firm to print Nepal's currency notes

A Chinese security printing press has received a contract to print Nepal’s bank notes of various denominations, including for the latest NRs 1,000, a central bank official said Sunday.

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It’s vendetta: Cong on FIR against Gandhis

Oppn calls National Herald matter a ‘completely bogus case’

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In 2025, IPOs set to cross ₹2 lakh crore

WITH 11 more IPOs — including three mainboard issues aiming to mop up 26,644 crore —hitting the market this week, the primary market has already surpassed the 21.59 lakh crore raised in the whole of last year.

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PM terms Tamil as 'pride of India' in Mann ki Baat, urges people to learn it

PRIME Minister Narendra Modi on Sunday lauded Tamil as a great language and a source of pride for India, while highlighting the country’s achievements in agriculture, science, defence, tourism and indigenous products during his Mann Ki Baat radio address.

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WHAT TO EXPECT WHEN INVESTING IN 2026

THE year is ending on a high note. The recent quarterly growth data shows a second successive quarter of over 8% economic growth. Benchmark indices such as the NSE Nifty and the BSE Sensex have reached new highs. The September 2025 quarter results showed a recovery in corporate profits after a long time. Overall, the year is ending on a high note.

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37 more Maoists surrender in Chhattisgarh

THIRTY-seven Naxalites, 27 of them collectively carrying a reward of %65 lakh, surrendered in Chhattisgarh’s Dantewada on Sunday, police said.

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December 01, 2025

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GIFT City now manages $100 billion in assets

GIFT City’s International Financial Services Centre (IFSC) now hosts over 1,034 registered entities, including 38 banks holding assets worth $100.14 billion, positioning it as a growing competitor to established financial hubs, such as Singapore and Hong Kong.

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December 01, 2025

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SHOULD WE INVEST IN INDIAN EQUITIES

FOR a long-term investment horizon, yes, Indian equities remain one of the most compelling long-term opportunities among major economies even as today.

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The New Indian Express Kalaburagi

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BJP dismisses claims as 'baseless, false'

Hitting back, BJP says company sold for just ₹50 lakh

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