Press Trust of India | Monday August 31, 2015
RIL, the largest single location LPG producer in the country, had contested the ministry view saying rules do not mandate that all domestic LPG must be sold only to state firms.
NDTV | Thursday August 27, 2015
The latest decision will allow the infrastructure companies to unlock their capital invested in highway projects and use the proceeds to invest in other projects or to pay back debts. Analysts say this move will increase the return on equity of road developers as their asset turnover will increase.
Press Trust of India | Wednesday August 12, 2015
Reliance Infrastructure on Wednesday reported an over 12.39 per cent drop in net profit at Rs 400.91 crore for the quarter ended June 2015, due to factors including higher finance cost and statutory payments related to Delhi Airport Metro.
Press Trust of India | Monday July 20, 2015
Reliance Infrastructure-led Mumbai Metro One on Monday said it will seek metro operational subsidy from the state government to keep the fares low, even as the fare fixation committee has recommended its revision in the range of Rs 10 to Rs 110 for the over 11-km-long corridor.
Thomson Reuters | Thursday July 16, 2015
Some of India's biggest corporate names are investors in teams competing in what is the world's most lucrative cricket league -- including Reliance Industries Ltd, builder GMR Infrastructure Ltd, and United Spirits Ltd, owned by British beverages group Diageo Plc.
India News | Press Trust of India | Wednesday July 1, 2015
Reliance Industries will make an investment of over Rs 250,000 crore in the digital space, including rollout of wireless broadband infrastructure and manufacturing of mobile handsets, its chairman Mukesh Ambani said today.
Press Trust of India | Saturday June 27, 2015
Maharashtra Electricity Regulatory Commission (MERC) has approved an increase in tariff of 2.44 per cent for Mahavitaran, while 5.2 per cent and 3.92 per cent for RInfra and Tata Power (TPC), respectively.
Sunday June 21, 2015
The unlisted firm, which owns and operates a 1,386-km gas pipeline from Andhra coast to Gujarat, has restructured the loan after it incurred huge losses as volumes of natural gas it transports fell due to dip in output of eastern offshore KG-D6 fields.
Tuesday June 16, 2015
Mukesh Ambani-led Reliance Gas Transportation Infrastructure Ltd (RGTIL) has received sanction for refinancing its existing project term loans.
Friday June 12, 2015
With an eye on Internet infrastructure of group firm Reliance Jio, the company is keen on creating "a differentiated e-commerce model" for India.
Thursday June 11, 2015
Mumbai Metro One is RInfra's special purpose vehicle created to develop, implement and operate Mumbai's first metro line on a public private partnership (PPP) mode.
Mumbai News | Indo-Asian News Service | Friday June 5, 2015
The Mumbai Metro One, a subsidiary of Reliance Infrastructure, has tied up with Domino's Pizza to introduce "pizza on-the-Go" to commuters, marking one year of operations.
Wednesday May 27, 2015
The company which is the largest private sector distributor of power serving 64.9 lakh consumers said its Mumbai Distribution recovered Rs 884 crore arrears in FY 2015 besides Rs 226 crore cross subsidy subcharge.
Thomson Reuters | Wednesday May 13, 2015
A consortium of Norway's Hoegh LNG and IMC infrastructure has also participated in the initial tender, said R. M. Parmar, chairman of Mumbai Port Trust.
Wednesday May 13, 2015
Reliance Industries' telecom arm - Reliance Jio Infocomm - on Wednesday said it has raised a $750 million (nearly Rs 4,500 crore) loan that will be used to finance goods and services from Samsung Electronics and Ace Technologies Corp, which are being tapped for its infrastructure roll-out.
Tuesday May 12, 2015
The Securities and Exchange Board of India (Sebi) has asked Reliance Infrastructure to launch open offer to acquire a 26 per cent stake in Pipavav Defence within 12 working days of getting approvals from the Competition Commission of India (CCI) and Gujarat Maritime Board.
Thursday May 7, 2015
Reliance Defence would purchase nearly 18 per cent stake from promoter group led by Nikhil Gandhi at Rs 63 per share, amounting to Rs 819 crore, and subsequently make an open offer for an additional 26 per cent at Rs 66 apiece, aggregating Rs 1,263.3 crore.
Thursday March 19, 2015
Media reports suggest that Reliance Infrastructure is planning to bid for military chopper contracts worth $3 billion.
Tuesday March 10, 2015
The open offer made by Reliance Defence Systems and Reliance Infrastructure, for purchase of over 19.14 crore shares, has been made at a price of Rs 66 each, as per the offer documents filed with the markets regulator Sebi.
Sunday March 8, 2015
Mr Ambani also met Nikhil Gandhi of Pipavav Group.
Press Trust of India | Thursday March 5, 2015
In the biggest acquisition in the defence sector in the country, billionaire Anil Ambani-led Reliance Infrastructure on Wednesday announced acquisition of Pipavav Defence and Offshore Engineering for Rs 819 crore.
Telangana News | Indo-Asian Nesws Service | Monday March 2, 2015
Reliance Gas Transportation Infrastructure Ltd (RGTIL), a part of the Mukesh Ambani-led group, has said there was no injury or loss of life in a fire that broke out in its pipeline in Telangana following a gas leak in the main line valve on Monday.
Saturday February 14, 2015
Reliance Infrastructure's total income increased by 14 per cent to Rs 4,788 crore during the quarter from Rs 4,218 crore in the same period last year.
Thursday February 12, 2015
Three subsidiaries have been incorporated for the foray under group firm Reliance Infrastructure, the company said in a regulatory filing.