Reliance Power

Raymond Group’s Aerospace Push: ₹510 Crore Andhra Pradesh Facility To Power Global Supply Chains

Jan 30, 2026, 03:05 PM IST

Raymond Group’s engineering arm is scaling up its presence in defence and aerospace with a major investment in Andhra Pradesh. J.K. Meini Global Aerospace Limited, a Raymond Group subsidiary, is setting up a state-of-the-art advanced aerospace manufacturing facility in the Sri Sathya Sai district with an investment of ₹510 crore. The facility is expected to generate around 1,400 direct jobs and manufacture high-precision, engine-critical components for global original equipment manufacturers and tier-one suppliers, firmly integrating Andhra Pradesh into the global aerospace supply chain. Speaking to Business Today, Naveen Sharma, Chief Financial Officer of the Engineering Business at Raymond, outlines the group’s long-term aerospace strategy, its focus on moving up the value chain from component manufacturing to complex assemblies and systems, and its commitment to Make in India and export-led growth. He highlights how Raymond’s components already power civil aviation platforms worldwide and how the Andhra Pradesh facility will further strengthen India’s aerospace self-reliance. Sharma also explains why Andhra Pradesh was chosen as the investment destination, citing its clear aerospace vision, execution-driven governance and highly collaborative investor facilitation. From swift decision-making and single-window clearances to strong support from the state leadership and industry departments, the experience, he says, has been seamless and encouraging. The new facility marks a significant step in Raymond’s expanding aerospace footprint and India’s ambition to become a global manufacturing hub for defence and aviation.

Stock Market News LIVE: Market Masters Decode The Impact Of Union Budget 2026

Feb 03, 2026, 02:59 PM IST

Markets closed sharply higher on Monday, with benchmarks recouping a large part of the losses from the special Sunday session, as investors digested the Union Budget’s impact on markets and capital flows. The rebound came despite higher transaction taxes on derivatives and the lack of fresh foreign investment incentives. The Sensex surged 943 points to close at 81,666, while the Nifty 50 gained 262 points to end at 25,088. The Nifty Bank rose 201 points to 58,619. Sectoral buying was led by oil & gas, auto, FMCG, metal and realty stocks. Heavyweights such as Power Grid, Tata Motors Passenger Vehicles, Adani Ports, Tata Consumer, BEL and Reliance Industries featured among the top gainers on the Nifty, supporting the broader market recovery.

Suzlon Energy, Reliance Power, IREDA, RVNL: Retail fav stocks hit hard; what's next?

Jan 20, 2026, 01:45 PM IST

GTL Infrastructure Ltd has plunged 45 per cent, IREDA eroded 35 per cent of its market value, RattanIndia Power Ltd lost 33 per cent while Reliance Power tumbled 23 per cent during the one-year period.

Top stocks in news: RIL, BCCL, YES Bank, HDFC Bank, Vedanta, ICICI Bank, TechM, Wipro

Jan 19, 2026, 07:37 AM IST

Stocks including Reliance Industries, Bharat Coking Coal, YES Bank, HDFC Bank, Vedanta, ICICI Bank, Tech Mahindra, Wipro, BHEL and more will be in the spotlight on Monday, January 19.

Reliance Power, Orient Electric & RM Drop shares: Here's how you can trade these 3 counters

Jan 19, 2026, 04:39 PM IST

The BSE Sensex declined 324.17 points, or 0.39 per cent, to close at 83,246.18, while the NSE Nifty slipped 108.85 points, or 0.42 per cent, to end at 25,585.50.

Ambani, Adani Announce Over ₹8.5 Lakh Cr Investments In Gujarat Over Next 5 Years

Jan 12, 2026, 05:15 PM IST

Reliance Industries Chairman Mukesh Ambani announces plans to double investments in Gujarat to ₹7 lakh crore over the next five years, outlining major commitments in green energy, solar power, AI data centres, healthcare and education at the Vibrant Gujarat Regional Conference. Adani Ports MD Karan Adani also unveils ₹1.5 lakh crore investment in Mundra to double port capacity and build the world’s largest 37 GW energy park. Other major investment announcements include Jyoti CNC’s ₹10,000 crore manufacturing push.

Reliance halts cell-making plans after Chinese firm withdraws from partnership: Report

Jan 12, 2026, 11:22 AM IST

The setback has prompted Reliance to focus on assembling battery energy storage systems (BESS) for its own renewable power projects instead.

Retail favs: Reliance Power, Suzlon shares disappoint, Vodafone Idea, Tata Steel deliver in 2025

Dec 31, 2025, 01:37 PM IST

YES Bank, with 61.65 lakh retail investors, barely managed to meet Nifty returns at 9 per cent. Vodafone Idea cheered over 60 lakh retail investors with a solid 52 per cent surge. Suzlon Energy disappointed.

Reliance Power shares crack 53% in six months; what analysts say

Dec 11, 2025, 06:00 PM IST

RPower: The recent drop followed the Enforcement Directorate's (ED's) filing of a supplementary prosecution complaint in a case linked to the SECI bank guarantee.

RPower shares dive 6%; company clarifies on ED's supplementary prosecution, asset attachments

Dec 08, 2025, 10:46 AM IST

RPower: The Enforcement Directorate (ED) filed a supplementary prosecution complaint in a matter linked to the SECI bank guarantee.

Reliance Power clarifies impact of ED's asset attachment: Majority linked to Reliance Communications

Dec 05, 2025, 10:17 PM IST

The company emphasized that a substantial portion of the attachment — Rs 8,078 crore — is linked to Reliance Communications Limited, a company that has not been part of the Reliance Group since 2019, more than six years ago.