Reliance Infrastructure

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Reliance Infrastructure - Total results - 70
Reliance Infrastructure resumes toll operations at 10 road projects; puts in place safety measures for staff
Business

Reliance Infrastructure resumes toll operations at 10 road projects; puts in place safety measures for staff

As part of the government's initiative to restart operations in a phased manner, Reliance Infrastructure has resumed toll operations at its road projects from midnight of 20 April.

Reliance Infrastructure wins Rs 1,250 cr arbitration award against Damodar Valley Corporation
Business

Reliance Infrastructure wins Rs 1,250 cr arbitration award against Damodar Valley Corporation

Reliance Infrastructure on Monday said it has won an arbitration award of Rs 1,250 crore against Damodar Valley Corporation (DVC)

Reliance Infrastructure's shares zoom nearly 10% after company reports 19.5% rise in Q1 net profit
Business

Reliance Infrastructure's shares zoom nearly 10% after company reports 19.5% rise in Q1 net profit

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

National Stock Exchange to exclude 11 stocks from derivatives segment, BSE 9 from 27 September
Business

National Stock Exchange to exclude 11 stocks from derivatives segment, BSE 9 from 27 September

The exclusion of nine stocks by both exchanges comes on the backdrop of the 11 Sebi's April 2018 circular

Anil Ambani's Reliance Group to lease out company headquarters in Mumbai to raise funds to pay off debt
Business

Anil Ambani's Reliance Group to lease out company headquarters in Mumbai to raise funds to pay off debt

Reliance infrastructure plans to monetise its marquee Reliance Center Office located in Santacruz East, Mumbai, the company said in a statement

Reliance Infra to complete sale of Delhi-Agra Toll Roadway by August-end, company to receive Rs 3,600 cr
Business

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

Reliance Power shares plunge nearly 24% post Q4 results; other group stocks tumble too
Business

Reliance Power shares plunge nearly 24% post Q4 results; other group stocks tumble too

Shares of Reliance Power tumbled nearly 24 percent on Monday after the company reported a loss of Rs 3,558.51 crore for the quarter ended 31 March

Rafale deal: Anil Ambani to withdraw Rs 5,000 cr defamation suits filed against Congress, National Herald
Business

Rafale deal: Anil Ambani to withdraw Rs 5,000 cr defamation suits filed against Congress, National Herald

The complainants said the defendants made libelous and derogatory statements against the Reliance Group and its chairman Anil Ambani pertaining to the Rafale fighter jet deal and his firms.

Reliance Infra to sell entire stake in Delhi-Agra Toll Road to Cube Highways for Rs 3,600 cr
Business

Reliance Infra to sell entire stake in Delhi-Agra Toll Road to Cube Highways for Rs 3,600 cr

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

Anil Ambani firm RInfra wins Rs 648 cr contract to build new airport at Hirasar in Rajkot
Business

Anil Ambani firm RInfra wins Rs 648 cr contract to build new airport at Hirasar in Rajkot

RInfra participated in the tender for engineering, procurement and construction (EPC) contract independently as a main contrac

Anil Ambani-led Reliance Group stocks under pressure; tank up to 10.3% on Supreme Court contempt ruling
Business

Anil Ambani-led Reliance Group stocks under pressure; tank up to 10.3% on Supreme Court contempt ruling

Shares of Reliance Group companies tumbled up to 10.3 percent on Wednesday after the Supreme Court held RCom chairman Anil Ambani guilty of contempt of court for wilfully violating its order and not paying Rs 550 crore dues to telecom equipment maker Ericsson

Anil Ambani-led Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September
Business

Anil Ambani-led Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September

Reliance Group will pay the principal and interest amounts to the lenders as per the scheduled due dates

Anil Ambani-led Reliance Group says illegal action by L&T, Edelweiss entities caused fall in market capitalisation
Business

Anil Ambani-led Reliance Group says illegal action by L&T, Edelweiss entities caused fall in market capitalisation

Anil Ambani-led Reliance Group on Friday accused L&T and Edelweiss entities of 'illegal' and 'motivated' actions in invoking the pledged shares and selling them in open market causing a steep fall in its share value

Mumbai fumes over 50% spike in electricity bills since Adani Power took over; discom cites tariff revision in September as cause
India

Mumbai fumes over 50% spike in electricity bills since Adani Power took over; discom cites tariff revision in September as cause

The residents of Mumbai are agitated over inflated electricity bills received from Adani Power since the company took over the city's power circle in August from the Anil Ambani-led Reliance Infrastructure (RInfra). The Congress party and some consumers have taken to social media to accuse the company of increasing the bills sharply in October.

Congress claims 'fresh proof' in Rafale scam, says Narendra Modi's silence on issue will brew a 'massive storm' for govt
India

Congress claims 'fresh proof' in Rafale scam, says Narendra Modi's silence on issue will brew a 'massive storm' for govt

Congress leader Pawan Khera said Narendra Modi cannot escape his political and constitutional responsibility and accountability in the Rafale deal and that the only way for the truth to prevail is to order a JPC to investigate the "biggest defence scam" in India.

Anil Ambani-led Reliance Infra consortium inks pact with MSRDC for Rs 7,000 cr Versova-Bandra sea link project
Business

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
Business

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.

Anil Ambani-led Reliance Infra bags Rs 1,907-cr contract for package-7 of Nagpur-Mumbai expressway
Business

Anil Ambani-led Reliance Infra bags Rs 1,907-cr contract for package-7 of Nagpur-Mumbai expressway

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
Business

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

Reliance Infrastructure defaults on Rs 133 cr non-convertible debentures redemption payment; shares down 1.46%
Business

Reliance Infrastructure defaults on Rs 133 cr non-convertible debentures redemption payment; shares down 1.46%

Reliance Infrastructure, however, said it expects to make these payments in the next few days from the proceeds from the sale of Mumbai Power Business to Adani Transmission for Rs 18,800 crore.