Cities | Edited by Amit Chaturvedi | Thursday January 8, 2015
Mumbai commuters using the city's metro will have to pay more. The Bombay High Court today allowed Reliance Infrastructure, which leads the consortium that operates the metro, to charge higher fares.
Tuesday December 30, 2014
Infrastructure shares gained after government relaxed rules for land-acquisition for 5 major areas including defence and affordable housing.
Tuesday December 30, 2014
Infrastructure stocks gained on the news with Larsen and Toubro adding 1.1 per cent. Lanco Infratech rose 6.7 per cent and GMR Infrastructure was trading 1.5 per cent higher.
Wednesday December 24, 2014
Promoter entities of three companies of Anil Ambani-led Reliance Group Reliance Communications, Reliance Infrastructure and Reliance Power - have pledged shares worth about Rs 3,700 crore at the current market value.
Sunday December 14, 2014
ONGC had last year signed an agreement to use Reliance Industries' under-utilised KG-D6 infrastructure to move gas from neighbouring KG-DWN-98/2, or KG-D5 block, to land.
Cities | Press Trust of India | Friday December 12, 2014
The Aam Aadmi Party today said it will strongly oppose the Centre's move to pay a subsidiary of the Reliance Infrastructure Rs 1,800 crore for exiting from the crucial Delhi airport Metro project.
Tuesday December 2, 2014
The pickup in industrial activity got a fillip as October infrastructure output spurted to 6.3 per cent against 1.9 per cent in September.
Wednesday November 12, 2014
Reliance Infrastructure on Wednesday reported a net profit of Rs 431 crore for the quarter ended September 2014.
Tuesday September 30, 2014
The BSE Sensex and Nifty edged higher on Tuesday, marking their fourth consecutive quarterly gain as blue chips rose on hopes upcoming earnings and auto sales will show the economy remains on the mend, while the Reserve Bank of India's (RBI) decision...
Thursday September 25, 2014
Reliance Jio Infocomm, the telecommunications arm of Reliance Industries Ltd, said it had raised a $750 million loan from Korea Exim Bank to finance the purchase of telecoms infrastructure from Samsung Electronics.
Indo Asian News Service | Monday September 22, 2014
Reliance Jio would utilise the telecom tower infrastructure services being provided by Indus Towers.
Indo Asian News Service | Thursday September 18, 2014
GTL Infra, together with Chennai Network Infra, has a combined portfolio of more than 27,800 towers spread across 22 telecom circles in India.
Thursday August 7, 2014
RCom said that following a resolution passed by shareholders in July, the committee of directors has today allotted 8.67 warrants to Telecom Infrastructure Finance, a promoter group company.
Tuesday August 5, 2014
Merrill Lynch Capital Markets Espana on Tuesday picked up over 30 lakh shares of real estate player Housing Development and Infrastructure Ltd (HDIL) for nearly Rs 29 crore through the open market route.
Friday July 18, 2014
The company said its income declined over 26 per cent to Rs 4,548 crore from Rs 5,746 crore a year ago as its EPC business dipped.
Cities | Edited by Devesh Kumar | Thursday July 17, 2014
The three distribution companies (discoms) have been allowed to raise power tariff by 8.32 per cent.
Wednesday July 16, 2014
The Development Commissioners of special economic zones (SEZs) have recommended cancellation of 'formal approval' granted to as many as 43 SEZ developers, including Reliance Infocom Infrastructure and Emaar MGF Land Ltd.
Monday July 7, 2014
He will take over from Lalit Jalan, who held the portfolio for the past more than seven years, Reliance Infrastructure said in a statement.
Friday June 20, 2014
The new ICX cable infrastructure is part of the company's strategy to provide a direct subsea route to bridge the gap in the emerging markets corridor, especially delivering a direct Mumbai-Singapore route to bypass the current outage-prone terrestri...
Press Trust of India | Thursday June 19, 2014
ICX cable infrastructure is also being laid to deliver a direct Mumbai-Singapore connection and bypass current outage prone terrestrial routes.
Cities | Written by Saurabh Gupta | Sunday June 8, 2014
As the first phase of the Mumbai Metro is all set for its opening, severe differences have cropped up between the state government and the Reliance Infrastructure over the fares.
Friday June 6, 2014
Mumbai's first metro railway link, which will connect the northwestern suburb of Versova-Andheri with Ghatkopar on the northeastern fringe soon, is expected to be a game changer for the megapolis' realty landscape, property consultant Jones Lang LaSa...
Monday May 26, 2014
Shares in L&T and Reliance Infrastructure gained over 3 per cent in morning trade on Monday as national Highway Authority of India approved Rs 6,000 crore of premium deferment for 9 road projects, including those of L&T and Reliance Infrastructure.
Wednesday May 21, 2014
Shares in Reliance Infrastructure corrected nearly 2.5 per cent on Wednesday as the Anil Ambani-led company reported a 13.86 per cent y-o-y drop in net profit at Rs 621 crore for the quarter ended March, 2014. The company also reported a 23.9 per cen...