
LIC's Strategic Investment Boosts National Housing Bank's Promoted Company

Reliance Infra sells Rs 176 crore stake in Dassault JV to French partner
Mumbai, 5 September 2025: Reliance Infrastructure Ltd announced that its subsidiary Reliance Aerostructure Ltd (RAL) will transfer 2 per cent equity in Dassault Reliance Aerospace Ltd (DRAL) to French defence major Dassault Aviation for Rs 175.96 crore. The agreement was signed on 5 September and is expected to be completed by 1 November 2025.Following the transaction, Dassault Aviation’s stake in DRAL will rise to 51 per cent, giving it majority control, while Reliance Aerostructure will hold 49 per cent. This change will result in DRAL, which manufactures airframes and subsystems for Rafal..

Ranchi Airport to boost regional links with new flight routes
Ranchi, 7 September 2025: Birsa Munda Airport is set to strengthen eastern India’s aviation network with the launch of a new transit service to Bhubaneswar and four more routes under consideration. Airport Director R R Mourya confirmed that discussions with airlines, including Akasa Air, are underway to expand services in the upcoming winter schedule.The airport has also recorded significant improvement in passenger satisfaction, moving up from the 34th position last year to fifth in the Airports Authority of India’s survey. This progress is attributed to infrastructure upgrades, including..

Navi Mumbai International Airport to be inaugurated on 30 September
Mumbai, 7 September 2025: After multiple delays, the much-awaited Navi Mumbai International Airport (NMIA) is set to be inaugurated on 30 September, marking a major milestone in India’s aviation infrastructure. The Airports Authority of India (AAI) has confirmed that the runway will be operational before the ceremony, with the current NOTAM set to end on 20 September, indicating project readiness.Preparations are also underway to host the Prime Minister at the inauguration. Domestic flight services are expected to commence from the new hub by late October or early November with limited opera..