RELIANCE INFRASTRUCTURE

  • Mumbai Metro launches online top-up facility for commuters Yesterday

    Mumbai: Mumbai Metro One has launched an online top-up facility for smart cards whereby commuters can recharge their cards through internet-enabled mobile phones and computers. "The company has launched the top-up facility of CSC and the online recharge services will be available to smart card...
  • Reliance must lower power tariff: Sanjay Nirupam January 23, 2014

    Congress MP Sanjay Nirupam said that Reliance Infrastructure should lower the existing power rates in Mumbai. He alleged Reliance and the Maharashtra Electricity Regulatory Commission to be hand in glove and has demanded a probe in the matter. ...
  • CERC to hear Power Grid's petitions against Reliance Infra next week September 5, 2013

    New Delhi: Central transmission utility Power Grid Corporation has moved electricity CERC seeking cancellation of two transmission projects awarded to Reliance Infrastructure and allot the same to the state-run firm. Power Grid Corp in its petition has asked for revocation of licence of the company executing North Karanpura Transmission Company and...
  • Delhi Airport Metro slows down, fares go up by 50 pc January 23, 2013

    New Delhi: Reliance Infrastructureled Delhi Airport Metro Express has increased fares on the highspeed corridor at a time when the train speed has been drastically reduced to 50 km per hour. The 50 per cent fare hike came into effect on Wednesday just a day after commercial operations on the...
  • Delhi Metro rejects Reliance Infrastructure's offer to quit October 27, 2012

    New Delhi: The Delhi Metro on Saturday said it has rejected an offer by Reliance Infrastructure to quit the showcase Airport Metro Express citing financial nonviability and asserted that the corridor would soon be thrown open to public after due repairs are completed. Delhi Metro Managing Director Mangu Singh admitted that...
  • RInfra eyes road projects worth Rs 40k cr for bidding August 11, 2012

    New Delhi: Industrialist Anil Ambani has said his group firm Reliance Infra has shortlisted road projects worth Rs 40,000 crore for bidding, while for cement business it has has applied for mining leases and prospecting licences in various parts of the country. "The company through its special purpose vehicles...
  • 'India needs strict controls to avoid blackouts' August 5, 2012

    Mumbai: India needs a more cohesive energy policy and stringent grid management to avoid a recurrence of the power outages that hit hundreds of millions of people this week, the chief executive of Reliance Infrastructure Ltd said in an interview. Reliance Infrastructure, India's largest private electric utility, provides power to 30...
  • Airport Metro problems mired in blame game July 17, 2012

    New Delhi: Problems in the Airport Metro Express have got mired in a blame game with operator Reliance Infrastructure putting the entire onus on Delhi Metro for defects in the civil structure because of which the services had to be suspended. As a joint inspection team of...
  • Govt to make statement on airport metro suspension July 16, 2012

    New Delhi: The Urban Development Ministry will meet with officials of Reliance Infrastructure and the DMRC to try and resolve the issue of the Metro Airport Express which has been shut for the time being due to technical problems and safety risks. The ministry is likely to make a statement...
  • Airport Metro offers improved mobile connectivity May 1, 2012

    New Delhi: Commuters travelling on the Delhi Metro's Airport Express line managed by Reliance Infrastructure can now have uninterrupted mobile phone connectivity, a company official said here Monday. "Reliance Infrastructure constantly works towards enhancing commuter comfort and convenience. A complete bouquet of Reliance Commmunication, Vodafone, Airtel, Idea and Aircel services will...
  • Delhi govt to extend financial help to BSES December 26, 2011

    New Delhi: Delhi Government on Monday decided to extend financial assistance to Reliance Infrastructurebacked discom BSES which has defaulted on payment of around Rs 3,000 crore to various power generating and transmission firms. The decision to offer the help to the beleaguered company was taken at a Cabinet meeting presided over...
  • Anil Ambani's RCom, RInfra to move out of Sensex June 17, 2011

    Mumbai: Two Anil Ambani group firms, Reliance Communications and Reliance Infrastructure, will move out of Bombay Stock Exchange's blue chip index Sensex in August. While RCom would be replaced by Sun Pharmaceuticals, RInfra would be substituted by Coal India on the 30share index. The changes would be effective from August 8,...
  • RInfra announces Rs 1,000 cr share buyback offer March 28, 2011

    New Delhi: Asserting that its shares are undervalued at current levels, Anil Ambaniled Reliance Infrastructure on Monday announced a Rs 1,000 crore share buyback offer to buy 8.34 per cent shares from public shareholders. Under the offer, the company will repurchase up to 1.38 crore shares...
  • No ban on Reliance Infra and RNRL: Anil Ambani January 16, 2011

    Mumbai: Anil Ambani on Sunday clarified that SEBI has not banned Reliance Infrastructure and Reliance Natural Resources Limited (RNRL) from capital markets. He also said that the settlement charge of Rs 25 crore should not be mistaken as a fine or penalty. On Friday, SEBI charged Reliance Infrastructure and RNRL of having...
  • Anil Ambani firms barred from stock market investment January 14, 2011

    Mumbai: Anil Ambani and four board members of Reliance Natural Resources Limited (RNRL) have been barred by the Securities and Exchange Board of India from investing in the stock market till December 2011. The four board members who have been banned along with Group Chairman Anil Ambani are Satish Seth,...
  • Reliance Infrastructure to raise Rs 4,300 crore May 24, 2009

    New Delhi: The board of Reliance Infrastructure, promoted by the Anil Ambani group, on Sunday approved issuing up to 43 million preferential shares to its founders and other investors to raise about Rs.4,300 crore ($913 million). In a statement, the company said the equity capital would enhance its net worth to...