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Reliance Group

Delhi High Court grants stay on SECI's debarment notice against Reliance Power; shares zoom

Delhi High Court grants stay on SECI's debarment notice against Reliance Power; shares zoom

Tue, Nov 26, 2024

Reliance Power said on Tuesday that the Delhi High Court has granted a stay on Solar Energy Corporation of India's notice of debarment against it, including all its subsidiaries, except Reliance NU BESS (formerly known as Maharashtra Energy Generation Ltd).

Anil Ambani-led group sets up Reliance Group Corporate Centre under Vision 2030

Anil Ambani-led group sets up Reliance Group Corporate Centre under Vision 2030

Sun, Nov 17, 2024

Reliance Group, led by top businessman Anil Ambani, has launched its Reliance Group Corporate Centre (RGCC). RGCC will serve as a strategic hub that will provide guidance to its companies as they pursue new opportunities and technological advancements.

Reliance Power subsidiary prepays Rs 485 crore debt owed to Singapore-based Varde Partners, becomes zero-debt company

Reliance Power subsidiary prepays Rs 485 crore debt owed to Singapore-based Varde Partners, becomes zero-debt company

Wed, Nov 06, 2024

Rosa Power Supply Company Ltd (Rosa Power), a subsidiary of Reliance Power, has prepaid a Rs 485 crore loan to Singapore-based lender Varde Partners.

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Reliance Infra to set up integrated project for manufacturing explosives, ammunition, small arms

Reliance Infra to set up integrated project for manufacturing explosives, ammunition, small arms

Tue, Oct 22, 2024

Reliance Infrastructure, part of the Reliance Group led by top businessman Anil Ambani, has been allotted 1,000 acres of land in Watad Industrial Area in Ratnagiri to develop Dhirubhai Ambani Defence City (DADC).

Reliance Infrastructure shareholders clear Rs 6,000-crore fund-raising plan

Reliance Infrastructure shareholders clear Rs 6,000-crore fund-raising plan

Sun, Oct 20, 2024

Reliance Infrastructure shareholders have given the nod to the Reliance Group company's plan to raise Rs 6,000 crore through preferential shares and a qualified institutional placement (QIP) issue.

Anil Ambani-led Reliance Group's Rs 17,600 crore fundraise to drive future growth plans

Anil Ambani-led Reliance Group's Rs 17,600 crore fundraise to drive future growth plans

Sun, Oct 06, 2024

In the past two weeks, Reliance Infrastructure and Reliance Power have announced raising Rs 4,500 crore through preferential issues of equity shares and Rs 7,100 crore from renowned global investment fund Varde Partners through equity-linked long-term FCCBs, having a long maturity period of 10 years and low interest rate of 5 per cent.

Reliance Group, Druk Holding to jointly develop 1,270 MW projects in Bhutan

Reliance Group, Druk Holding to jointly develop 1,270 MW projects in Bhutan

Wed, Oct 02, 2024

Reliance Group has set up a new company, Reliance Enterprises, to exclusively promote investment in Bhutan's renewable and green energy sector.

After approving Rs 3,000 crore preferential issue, Reliance Infra board to meet on October 1 to consider raising long-term resources

After approving Rs 3,000 crore preferential issue, Reliance Infra board to meet on October 1 to consider raising long-term resources

Fri, Sep 27, 2024

This will mark a second meeting of Reliance Infrastructure's board after it granted approval to a preferential issue of Rs 3,000 crore on September 19.

Reliance Power subsidiary Rosa Power prepays Rs 850 crore debt to Varde Partners

Reliance Power subsidiary Rosa Power prepays Rs 850 crore debt to Varde Partners

Wed, Sep 25, 2024

Rosa Power, a subsidiary of Reliance Power, is learned to be on track of becoming debt-free by paying off its debt of Rs 850 crore to Singapore-based Varde Partners.

Anil Ambani's Reliance Group starts transformation journey

Anil Ambani's Reliance Group starts transformation journey

Sun, Sep 22, 2024

In three days -- from September 18 to September 20 -- the group announced it has turned into nearly zero and is implementing long-term fund raising plans that are said to solidify its financial position.

Reliance Infrastructure board approves plans to raise up to Rs 6,000 crore; shares hit 52-week high

Reliance Infrastructure board approves plans to raise up to Rs 6,000 crore; shares hit 52-week high

Fri, Sep 20, 2024

Reliance Infrastructure Share Price: Mumbai-headquartered Reliance Infrastructure (also known as RInfra), part of the Reliance Group led by top businessman Anil Ambani, plans to raise Rs 3,014 crore through preferential shares and another Rs 3,000 crore through the qualified institutional placement (QIP) route.

Reliance Group appoints Parul Sharma as Group President

Reliance Group appoints Parul Sharma as Group President

Tue, Jun 20, 2023

Parul Sharma steered the communications strategy for Rupert Murdoch’s ‘Star India’ for 15 years, shaping its corporate image, publicity and relationships. Prior to that, she was with the German broadcaster ‘Deutsche Welle’, based in Cologne.

Market cap erosion: Boards of Reliance group firms recommend legal action

Market cap erosion: Boards of Reliance group firms recommend legal action

Sat, Feb 09, 2019

A day after accusing L&T and Edelweiss entities of causing huge market value erosion by "illegal and motivated" sale of their pledged shares, Anil Ambani-led Reliance Group Saturday said boards of its three listed firms have recommended "all appropriate legal steps" to protect shareholders' value.

Sale of shares by L&T Finance, Edelweiss group companies illegal: Reliance Group

Sat, Feb 09, 2019

"The purported exercise of rights to enforce the security is illegal and excessive, and against the process and requirements of the respective borrowings` documentation," Reliance Group said.

Anil Ambani led Reliance Capital makes huge gains from Yatra stake sale

Anil Ambani led Reliance Capital makes huge gains from Yatra stake sale

Mon, Jul 09, 2018

Anil Ambani-led Reliance Group’s flagship Reliance Capital has made multifold gains by selling its three million equity shares in US-listed Yatra Online, India’s second-largest online travel operator.

Anil Ambani son Anmol Ambani on boards of Reliance Nippon Life, Reliance Home Finance

Anil Ambani son Anmol Ambani on boards of Reliance Nippon Life, Reliance Home Finance

Thu, Apr 26, 2018

Anmol Ambani, the eldest son of Reliance group chairman Anil Ambani, has been appointed on the boards of Reliance Nippon Life Asset Management (RNAM) and Reliance Home Finance (RHF).

Anil Ambani announces to take no salary or commission from RCom in FY18

Anil Ambani announces to take no salary or commission from RCom in FY18

Wed, Jun 14, 2017

Reliance Communications' (RCom) owner Anil Ambani announced on Wednesday that he has voluntarily decided to draw no salary or commission from the telecom company in the current financial year.

Reliance Power March quarter profit jumps on lower tax expense

Reliance Power March quarter profit jumps on lower tax expense

Thu, Apr 13, 2017

Reliance Power on Thursday announced over a three-fold jump in its consolidated profit for the March quarter on account of 40% fall in tax expenses.

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Tue, Mar 21, 2017

Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.

Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore

Bought for Rs 10 crore, Reliance Capital sells Paytm stake to Alibaba for Rs 275 crore

Tue, Mar 07, 2017

Reliance Capital has sold its nearly 1 % stake in popular digital payments firm Paytm for Rs 275 crore to China's Alibaba Group in a deal reaping huge gains for the Anil Ambani-led group firm.

Anil Ambani to spell out defence biz plans

Anil Ambani to spell out defence biz plans

Sun, Feb 26, 2017

The group officials said Ambani, the group Chairman, will himself interact with the analysts on the defence business and brief them about its future plans and how the defence business is going to be the main growth driver for the group in the years to come.

Reliance Capital Q3 consolidated net profit declines nearly 5% to Rs 258 crore

Reliance Capital Q3 consolidated net profit declines nearly 5% to Rs 258 crore

Fri, Feb 10, 2017

Reliance Capital has reported 4.8% fall in the consolidated net profit for the third quarter ended on December 31, 2016.

Reliance Group bags Rs 916 crore contract from Indian Coast Guard

Reliance Group bags Rs 916 crore contract from Indian Coast Guard

Mon, Jan 30, 2017

Industrialist Anil Ambani-led Reliance Defence and Engineering on Monday said it has signed a contract with the Ministry of Defence for the design and construction of 14 Fast Patrol Vessels for the Indian Coast Guard valued at Rs 916 crore, the company said on Monday.

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