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Reliance Infrastructure News
Reliance Infra Q1 Results: Net loss narrows in June quarter, consolidated income jumps | Highlights
Sat, Aug 13, 2022
Reliance Infrastructure (RInfra), a major player in providing Engineering and Construction (E&C) services for developing power, infrastructure, metro and road projects, on Saturday reported narrowing of its consolidated net loss to Rs 66.11 crore for the quarter ended June 30, 2022.
Delhi Airport Metro Express requests court to direct DMRC to deposit Rs 6,208 cr into escrow account without any delay
Sun, Jan 30, 2022
Delhi Airport Metro Express Pvt Ltd (DAMEPL) has filed a fresh application requesting the High Court to direct DMRC to deposit Rs 6,208 crore available in its accounts into the project escrow account without any delay.
Big Supreme Court BREATHER for Reliance Infra! Apex court upholds 2017 arbitration award – company to get Rs 5000 cr from DMRC
Thu, Sep 09, 2021
As per estimates, the amount due to Reliance Infra was around Rs 4,600 as on January 2019. If the interest for the remaining period up to now is calculated, the amount to be paid to Reliance Infra will be around Rs 5000 cr
Regulator CERC allows Reliance Infrastructure firms BSES discoms to exit PPAs with NTPC Dadri-I power plant
Mon, Jul 05, 2021
Power regulator Central Electricity Regulatory Authority has allowed Reliance Infrastructure firms BSES Yamuna Power and BSES Rajdhani Power to exit power purchase agreements with NTPC Dadri-I power plant, which completed 25 years of service on November 30 last year.
Reliance Infrastructure Ltd (RInfra) in talks with Singapore's Cube Highways for sale of four road assets - ALL DETAILS HERE
Thu, Jul 01, 2021
Reliance Infrastructure (RInfra) is in talks with Singapore based-Cube Highways for the sale of its four road assets for an enterprise value of Rs 1,430 crore, sources said.
Anil Ambani-led Reliance Group market capitalisation surges 1000% to nearly Rs 8,000 crore
Sun, Jun 20, 2021
The market capitalisation of Anil Ambani-led Reliance Group has surged by over 1000% in less than 3 months
Share prices SOARING! Anil Dhirubhai Ambani Group (ADAG) companies stocks jump around 5% each on the back of fund raising news – Check details here
Mon, Jun 14, 2021
The shares of Anil Dhirubhai Ambani Group (ADAG) companies surged around five per cent each today amid its fund raising plans. Last week, Reliance Power announced plans to raise Rs 1,325 crore by issuing preferential shares and warrants to its parent, Reliance Infrastructure.
THIS IS HOW Reliance Power consolidated debt will be reduced by Rs 3.2k cr in FY22 - HIGHLIGHTS of what happened at board meeting
Sun, Jun 13, 2021
In a major development, the Board of Directors of Reliance Power Limited at its meeting held today i.e. 13th June 2021 has approved Preferential Issue of upto 59.5 Crore equity shares and upto 73 Crore warrants convertible into equivalent number of equity shares of the Company at an Issue Price of Rs. 10 each by conversion of debt, aggregating upto Rs.1 ,325 Crore to Reliance Infrastructure Limited, a listed promoter company.
Stocks in Focus on June 10: Banking & Power Stocks to Kotak Mahindra Bank; here are the 5 newsmakers of the day
Mon, Jun 10, 2019
Friday gains were capped by fall in index heavyweight Reliance Industries. But there were certain stocks that came in news after the market was closed for trading purposes.
Anil Singhvi’s Strategy June 10: Market Sentiment is Positive; Sell Reliance Infrastructure with Stop Loss 76
Mon, Jun 10, 2019
Amid positive global market, neutral F&O, FII and DIIs, the short-term trend of the domestic Indian market will be neutral, says Zee Business Managing Editor Anil Singhvi.
Mumbai Metro celebrates completion of milestone five years of accident-free service to Mumbaikars
Sat, Jun 08, 2019
The Reliance Infratructure-promoted Mumbai Metro One celebrates completion of a milestone five years of accident-free service to Mumbaikars, an official said here on Friday.
Reliance Infrastructure to build new greenfield airport in Rajkot
Tue, Mar 05, 2019
The airport is to be completed within 30 months from the date of issuance of the Letter of Award (LoA), RInfra said in a regulatory filing.
RInfra wins Rs 648 cr contract from AAI to build new airport at Rajkot in Gujarat
Tue, Mar 05, 2019
Reliance Infrastructure (RInra) 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.
Reliance Infrastructure chief Anil Ambani lashes out at govt entities
Wed, Sep 19, 2018
Reliance Infrastructure (RInfra) chairman Anil Ambani has lashed out against the government entities for delaying the payment of arbitration awards worth around Rs 6,300 crore.
Reliance Infra submits bank guarantees for Versova-Bandra Sea Link Project
Fri, Sep 14, 2018
The Reliance Infrastructure (RInfra) Limited - Astaldi S.p.A (Italy) Consortium had signed an agreement with MSRDC on September 4, for the construction of Versova-Bandra Sea Link Project in Mumbai.
Reliance Infrastructure ratings rise as Mumbai power business sale cuts debt
Tue, Sep 04, 2018
RInfra Chairman Anil Ambani had recently said he expects top-end ratings for the company with the closure of the deal for the Mumbai power distribution business and the drastic fall in debt liabilities.
Reliance Infrastructure share price jumps over 6% on Rs 7000 crore order win
Mon, May 07, 2018
Reliance Infrastructure-Astaldi S.p.A JV had emerged the most competitive bidder with their bid of Rs 6,993.99 crore. The other bidders in fray were L&T-Samsung JV and Hyundai Development Company-ITD JV. The tender for the construction of second sea link in Mumbai on EPC-basis was floated by MSRDC.
Delhi Metro set to suffer Reliance Infrastructure Rs 5,164 cr award hit over Airport Express line
Tue, Apr 24, 2018
Arbitration payment to Reliance Infrastructure (RInfra) is set to hit Delhi Metro Rail Corporation (DMRC) hard as the loss-making metro rail body will have to shell out over Rs 5,000 crore as loan repayment with interest to Airport Express Line.
Big worry for Reliance Infrastructure as Mumbai Metro, Reliance Naval net worth erodes
Tue, Apr 24, 2018
MMOPL operates and maintains Versova-Andheri-Ghatkopar metro line in Mumbai, the only Public-Private Partnership metro corridor in Maharashtra. RNEL is into naval as well as commercial shipbuilding, ship repairs, heavy engineering, etc.
Reliance Infrastructure bags Rs 1,081 crore contract; stock gains marginally
Mon, Apr 09, 2018
Reliance Infrastructure's contract value is inclusive of taxes and duties and also contains imported component of $23.2 million. EPC division of the infrastructure major has won the contract amidst competition from leading EPC players like BHEL, L&T, Tata Projects and BGR.