Reliance Infrastructure

  • Reliance must lower power tariff: Sanjay Nirupam 23-01-2014 05:00 PM

    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 05-09-2013 01:20 PM

    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...
  • Delhi Metro rejects Reliance Infrastructure's offer to quit 27-10-2012 02:40 PM

    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 non-viability and asserted that the corridor would soon be thrown open to public after due repairs are completed. Delhi Metro Managing Director Mangu Singh admitted...
  • Delhi govt to extend financial help to BSES 26-12-2011 03:44 PM

    New Delhi: Delhi Government on Monday decided to extend financial assistance to Reliance Infrastructure-backed 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...
  • Anil Ambani's RCom, RInfra to move out of Sensex 17-06-2011 10:05 PM

    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 30-share index. The changes would be effective from August...
  • R-Infra announces Rs 1,000 cr share buyback offer 28-03-2011 01:31 PM

    New Delhi: Asserting that its shares are undervalued at current levels, Anil Ambani-led Reliance Infrastructure on Monday announced a Rs 1,000 crore share buy-back offer to buy 8.34 per cent shares from public shareholders. Under the offer, the company will repurchase up to 1.38 crore shares from non-promoter shareholders for...
  • No ban on Reliance Infra and RNRL: Anil Ambani 16-01-2011 02:56 PM

    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...
  • Anil Ambani firms barred from stock market investment 14-01-2011 05:37 PM

    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,...