Rinfra

DMRC vs Rinfra to be heard on Friday, HC tells Delhi, Union govt

Attorney General R Venkatramani, appearing for DMRC, suggested asking GNCTD and MoHUA how they would proceed in the matter

After SC rap, DMRC launches Rs 7,100 crore rights issue for RInfra dues

Transporter asks Centre, Delhi govt to infuse equity of Rs 3,500 crore each

Centre to hold meeting on Nov 10 to discuss payment of dues to RInfra

In the last hearing on October 10, DMRC told the High Court that if Delhi Metro were to raise loans to pay the arbitration award to DAMEPL, it would fall into a 'debt trap'

Reliance Infra had filed arbitration claim of Rs 500 crore: Adani

Reacts to RInfra statement of last week, which said it has filed a claim of Rs 13,400 crore; Adani says it has filed counterclaims

Anil Ambani resigns as director of RPower, RInfra

In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order"

Reliance Infra plans series of measures to prune group debt by March

As part of the comeback plan, Reliance Infrastructure received Rs 550 crore fund infusion from the Anil Ambani family

RInfra wins big, SC upholds Rs 5,000 cr arbitral award against Delhi Metro

Supreme Court on Thursday upheld the 2017 arbitration award in favour of Reliance Infrastructure subsidiary, Delhi Airport Metro Express Pvt Ltd

RInfra-promoted BSES ties up 510 Mw solar and bundled hybrid power

Hybrid power is a bundled mix of solar and wind power, wherein one component is at least 33% of the contracted capacity

RInfra completes stake sale in PKTCL to India Grid for Rs 900 crore

The proceeds will be utilised for debt reduction, and the company''s dues will come down by 6 per cent to Rs 13,100 crore from Rs 14,000 crore

RInfra completes sale of DA Toll Road to Cube Highways at EV of Rs 3,600 cr

Sale helps RInfra reduce its total debt liabilities by 20%

RInfra net loss at Rs 288 cr in June qtr, income declines to Rs 4,453 cr

The company said it has assets of over Rs 66,800 crore and net worth of Rs 9,500 crore

Will not face insolvency proceedings, says Anil Ambani's Reliance Infra

The executive mentioned earlier said with the payment of Rs 1,700 crore to lenders, RInfra would not need to go through an insolvency process

RInfra to cut its Rs 6,000 cr debt, follow capital-light model: Anil Ambani

Ambani further said the four business verticals including roads, metro, energy and airport are fully funded

After RInfra, lenders to Reliance Power sign debt-resolution pact

The announcement comes a day after Reliance Infrastructure (RInfra) made a similar announcement

Reliance Infra lenders sign debt resolution pact; stock jumps nearly 11%

The move follows multiple developments in the company and the group in the past one month

RInfra's plan to lease out headquarters property may face legal hurdle

Past efforts by the firm to strike a deal for the property have not yielded results

RInfra to sell entire stake in Delhi-Agra Toll Roadway for Rs 3,600 crore

Reliance Infrastructure Ltd 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 per cent to less than Rs 5,000 crore. Reliance Infrastructure (RInfra) has entered into a pact with Cube Highways in this regard. Cube Highways and Infrastructure III Pte Ltd is a Singapore-based company formed by global infrastructure fund - I Squared Capital and a wholly-owned subsidiary of the Abu Dhabi Investment Authority. The transaction is in line with Reliance Infrastructure's strategic plan of monetising non-core business and focus on major growth areas like engineering & construction (E&C) business. RInfra today announced the signing of Definitive Binding Agreement with Cube Highways and Infrastructure III Pte Ltd for the sale of its 100 per cent stake in Delhi-Agra (DA) Toll Road Private Limited, the company said in a statement. "The total deal .

Succession plan? Anil Ambani's younger son Jai Anshul to join RInfra board

With this induction, one more person from the next generation of the Ambanis has now joined the family business. Induction of Anshul would coincide with the birthday of the late Dhirubhai Ambani

RInfra Q2 net profit posts 49% slip to Rs 2.77 bn from Rs 5.43 bn

The company's consolidated income increased to Rs 72.07 billion in the July-September quarter, over Rs 58.98 billion in the year-ago period

Anil Ambani-led RInfra settles dues worth Rs 26.40 bn of Maharashtra govt

RInfra had this week announced the completion of the sale of its entire Mumbai energy business to Adani Transmission for Rs 188 billion