Reliance Infrastructure today reported a muted growth in consolidated net profit at 411.46 crore for the March quarter against Rs 410.88 crore of the year ago period, despite posting a hefty rise of about 90% in its total operating income.
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) today reserved its order over the plea of Anil Ambani group company RInfra that is claiming Rs 1,200 crore dues from Etisalat DB for using its telecom towers and other infrastructure.
Reliance Infrastructure today said it has re-designated its whole-time director Lalit Jalan as Chief Executive Officer but he will not be a part of the company board.
Shares of Anil Dhirubhai Ambani Group (ADAG) companies are in limelight on the bourses in late noon trades after in surprise move the Reserve Bank of India (RBI) has cut the repo rate higher than expected by 50 basis points (bp), which will reduce the
The Telecom Disputes Settlement and Appellate Tribunal (TDSAT) on Tuesday rejected the pleas of Etisalat DB and S Tel that questioned the telecom tribunal's jurisdiction over Anil Ambani group firm R-Infra, which is claiming Rs 1,500 crore dues from the
Competition Commission of India (CCI) has approved the proposal of Reliance Infrastructure (R-Infra) to merge five of its wholly-owned subsidiaries with itself.
Haryana Power Generation Corp (HPGCL) will recover Rs 5 crore as repair cost of a turbine rotor in closed 300-Mw Yamuna Nagar thermal power plant from the developer Reliance Infrastructure (R-Infra), a company official said.
Stock market traders are betting on a change in fortunes for Anil Ambani group companies on the prospect of the Samajwadi Party’s (SP) return to power in Uttar Pradesh.
Anil Dhirubhai Ambani Group (ADAG) promoted companies shares are in limelight in otherwise weak market on reports that the Comptroller and Auditor General (CAG) softens stand over the issue of the government allowing windfall gains to Anil Ambani led -
Reversing an earlier order of granting tax exemption to the tune of Rs 129 crore to Anil Ambani-led group company Reliance Infrastructure, formerly Reliance Energy, Delhi government has told the company to pay up the amount levied on it as sales tax.
JP Morgan has raised target price of Reliance Infrastructure (RInfra) to Rs 715 from Rs 575 and maintained its overweight rating. The company's key businesses are turning around, albeit gradually, the Wall Street bank said.
Reliance Infrastructure (R-Infra) today said it has bought back total shares worth Rs 234.32 crore under a share buyback programme that had begun on April 11 last year.
The Delhi Electricity Regulatory Commission (DERC) has found certain 'discrepancies' in the audit report of Reliance Infrastructure-backed discoms BRPL and BYPL between April and December 2011. The power regulator observed the financial condition of the
Reliance Infrastructure Ltd (R-Infra), a promoters of BSES, on Monday transferred Rs 520 crore (its 51 per cent share) into the latter’s account for equity infusion in its Delhi distribution companies.
Reliance Infrastructure (R-Infra) today said it has infused Rs 520 crore into BSES power distribution companies in Delhi as part of Rs 5,100-crore package being worked out by IDBI-led consortium to resolve cash flow issues.
Reliance Infrastructure (R-Infra) has proposed to infuse equity of Rs 500 crore into its distribution arm, BSES, to help it raise funds to pay dues of Rs 3,000 crore.