GMR, Adani, Reliance Infra in race for 2 railway stations development in Andhra Pradesh; to be built under DBFOT model
The pre-bid meeting comes after RLDA floated an RFP inviting bids for the selection of a suitable public or private entity for re-development of Nellore and Tirupati railway stations.
In a first, RCom AGM to be chaired by resolution professional today; firms in diversified group to hold their AGMs
RCom itself sought bankruptcy early February after its efforts to sell spectrum to Reliance Jio failed due to regulatory delays
Shares of Reliance Infrastructure Ltd (RInfra) on Wednesday zoomed nearly 10 percent after the company reported a 19.5 percent rise in consolidated net profit for the first quarter ended 30 June
Anil Ambani-led Reliance Group firm Reliance Infrastructure said on Thursday its lenders have signed an inter-creditor agreement (ICA) for the resolution of debt
Reliance Infra to complete sale of Delhi-Agra Toll Roadway by August-end, company to receive Rs 3,600 cr
Reliance Infrastructure on Thursday said the sale of its entire stake in the Delhi-Agra Toll Roadway to Singapore-based Cube Highways will be completed by the end of August 2019
Anil Ambani-led Reliance Capital calls PWC's observations about its accounts 'completely baseless and unjustified'
Reliance Capital and Reliance Home Finance said that Price Waterhouse & Co Chartered Accountants (PWC) resigned as auditor of both the companies
Anil Ambani claims to have repaid Rs 25,000 cr in past 14 months, says committed to meet debt obligations
Seeking to allay investor concerns after stocks of his group firms took a beating on the bourses, Reliance Group Chairman Anil Ambani on Tuesday said his group is committed to meet all payment obligations in a timely manner and has already serviced debt worth Rs 35,000 crore in last 14 months
Reliance Infrastructure Ltd on Thursday said it will sell its entire stake in Delhi-Agra Toll Roadway to Singapore-based Cube Highways for Rs 3,600 crore, following which the Anil Ambani led company's debt will be reduced by 25 percent to less than Rs 5,000 crore
RInfra participated in the tender for engineering, procurement and construction (EPC) contract independently as a main contrac
Reliance Infrastructure (RInra) on Tuesday said the company has bagged a Rs 648 crore contract from the Airport Authority of India to build a new airport at Hirasar, in Rajkot district of Gujarat
Anil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging "illegal and market disruptive activities" to cause a steep plunge in the company's share price
Anil Ambani-led Reliance Infra consortium inks pact with MSRDC for Rs 7,000 cr Versova-Bandra sea link project
Reliance Infrastructure-Astaldi had earlier bagged the engineering, procurement and construction (EPC) contract for the Rs 7,000 crore project on a competitive bid basis. The consortium had emerged the most competitive bidder with their bid of Rs 6,993.99 crore.
Anil Ambani-led Reliance Infrastructure wins Rs 200-crore arbitration against National Highway Authority of India
Reliance Infrastructure said the need for arbitration arose due to prolonged delay in providing land by the NHAI to TD Toll Road Pvt Ltd (TD Toll Road), a wholly-owned subsidiary of Reliance Infrastructure, resulting in cost over-run during construction and change in location of the toll plaza.
The contract involves the development of package-7 from 296 km to 347 km, which is a part of Maharashtra government's flagship Rs 46,000-crore and over 700 km long Samruddhi Mahamarg project
Anil Ambani-led Reliance Infrastructure completes Rs 18,800-cr Mumbai power business sale to Adani Transmission
Anil Ambani said the Reliance Infra-Adani Transmission deal will help cut the company's overall debt to Rs 7,500 crore from the earlier Rs 22,000 crore
RCom stock zoomed 35.24 percent to close at Rs 17.27 on BSE helped by fag-end buying. During the day, it rose sharply by 44.94 percent to Rs 18.51
For this, 146 PoS machines, or roughly 10 at each toll plaza, and 285 card swipe machines or roughly 15 at each toll post, have been deployed
RInfra owns the country's first 100 percent private sector transmission project - Western Region System Strengthening Scheme (WRSSS) - B & C projects located in the state of Maharashtra, Gujarat, Madhya Pradesh and Karnataka.
In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure today announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.
The BSE Sensex plunged 490 points, marking its seventh straight day of losses. The Nifty slipped 1.56 percent and closed below the psychological 8,550 levels.