News

Reliance Infrastructure wins Rs 1,204 cr arbitration award from NHAI Reliance Infrastructure has won a Rs 1,204 crore arbitration award from the National Highway Authority of India NHAI. In the matter of arbitration between TK Toll Road Private Limited (TKTR), a wholly owned subsidiary of Reliance Infrastructure and NHAI, in an execution petition, the Delhi High Court, vide order its dated August 9, received by the Company on August 10 directed NHAI to deposit of the awarded amount along with interest total sum of Rs 1,204 crore with the Delhi High Court an...
Reliance Infrastructure wins Rs 1,204 cr arbitration award from NHAI
Reliance Infrastructure wins Rs 1,204 cr arbitration award from NHAI
Source: IANS
11/08/2023 2:27:11 PM
Key Stock News: Mahindra Lifespaces, Redington India, Reliance Infrastructure, Jindal Stainless, Kotak Securities, Air India - ARETE Securities Mahindra Lifespaces to buy land parcels with Rs 3k-crore sales value Realty firm Mahindra Lifespace Developers is looking to acquire a few land parcels this fiscal to build housing projects with sales potential of Rs 3,000- 4,000 crore, a top company official said. The company will acquire these land parcels either through outright purchase or by forming Joint Development Agreements (JDAs) with landowners.   Redington India to retail iPhone 14, Apple Watch series 8 across locati...
Key Stock News: Mahindra Lifespaces, Redington India, Reliance Infrastructure, Jindal Stainless, Kotak Securities, Air India - ARETE Securities
Key Stock News: Mahindra Lifespaces, Redington India, Reliance Infrastructure, Jindal Stainless, Kotak Securities, Air India - ARETE Securities
Source: ARETE Securities Ltd
12/09/2022 10:13:26 AM
Reliance Infra to receive Rs 595 cr From DVC by July end Reliance Infrastructure Limited (Reliance Infra) is set to receive a sum of Rs 595 crore from Damodar Valley Corporation (DVC) by July 31. Pursuant to an order passed by the Supreme Court on May 31, Chairman, DVC has furnished an undertaking on June 6, 2022 stating that DVC will comply with the direction to deposit a sum of Rs 595 crore in cash and Rs 303 crore by way of Bank Guarantee within July 31. The directions for furnishing an undertaking have been issued to safeguard the interes...
Reliance Infra to receive Rs 595 cr From DVC by July end
Reliance Infra to receive Rs 595 cr From DVC by July end
Source: IANS
13/06/2022 11:58:01 AM
BSES Yamuna Power commissions 'Smart Managed' EV charging station  In line with its commitment towards green and sustainable practices, BSES Yamuna Power Limited has commissioned Indias first ‘Smart Managed' EV charging station here, it said in a statement on Friday. The charging station, which can charge five e-vehicles simultaneously, is co-located at BYPL's sub-station premise in Mayur Vihar Extension Phase I, New Delhi. "The carefully-selected site is a gateway to Noida and can be easily accessed by EV users and EV fleet op...
BSES Yamuna Power commissions 'Smart Managed' EV charging station
BSES Yamuna Power commissions 'Smart Managed' EV charging station
Source: IANS
25/02/2022 7:01:51 PM
Reliance Infrastructure touches roof on getting nod to raise Rs 750 crore Reliance Infrastructure is locked its upper circuit limit at Rs. 110.55, up by 5.25 points or 4.99% from its previous closing of Rs. 105.30 on the BSE. The scrip opened at Rs. 109.75 and has touched a high and low of Rs. 110.55 and Rs. 106.00 respectively. So far 270220 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 109.00 on 21-Jun-2021 and a 52 week low of Rs. 19.20 on 12-Nov-2020. Last one week high and low...
Reliance Infrastructure touches roof on getting nod to raise Rs 750 crore
Reliance Infrastructure touches roof on getting nod to raise Rs 750 crore
Source: Accord Fintech
27/09/2021 11:17:59 AM
Reliance Infrastructure arm DAMEPL will receive Rs 7,100 crore from DMRC: Anil Ambani Anil Ambani, Chairman, Reliance Infrastructure, sai during the company's annual general meeting on Tuesday that Reliance Infrastructure has won against Delhi Metro Rail Corporation (DMRC) as the Supreme Court upheld the arbitral award in favour of Delhi Airport Metro Express Private Limited (DAMEPL), a Reliance Infra arm that used to operate the Delhi Airport Metro line. Ambani said as a result of the SC judgement, Reliance Infra arm DAMEPL will receive a sum of Rs 7,100 crore from DMR...
Reliance Infrastructure arm DAMEPL will receive Rs 7,100 crore from DMRC: Anil Ambani
Reliance Infrastructure arm DAMEPL will receive Rs 7,100 crore from DMRC: Anil Ambani
Source: IANS
15/09/2021 9:43:47 AM
BSES commissions 'Urban Microgrid System' in Delhi The Reliance Infrastructure-led BSES has commissioned a first-of-its-kind 'Urban Microgrid System' at the 'LV' (low voltage) distribution network in Delhi. The system has been set up in the Malviya Nagar area of the national capital. According to the company, the system is a move towards accessing sustainable growth and green energy sources. "Their efforts include the deployment of 'Solar PV' rooftop, 'Solar PV', 'Wind Parks', and other renew...
BSES commissions 'Urban Microgrid System' in Delhi
BSES commissions 'Urban Microgrid System' in Delhi
Source: IANS
11/09/2021 9:28:47 AM
50% of BSES' power portfolio to turn green by 2024 Reliance Infrastructure-led BSES, which has been championing the cause of sustainability, is set to turn around 50 per cent or 3,300 MW of its power portfolio green by 2024, sources said. Green portfolio of BSES, comprising pure play renewable energy and hydro power, will make it one of the greenest discoms in the country. Strengthening its green drive, recently, Reliance Infrastructure-led BSES signed agreements with SECI to procure 510 MW of solar and hybrid power at less than Rs 2.50...
50% of BSES' power portfolio to turn green by 2024
50% of BSES' power portfolio to turn green by 2024
Source: IANS
27/07/2021 3:50:53 PM
RInfra-led BSES discoms sign for 510 MW of green power with SECI In a major push for clean energy, Reliance Infrastructure led BSES discoms have inked Power Sale Agreements (PSA) with the Solar Energy Corporation of India (SECI) to procure 510 MW of solar and bundled hybrid power. A company statement said BSES discoms are committed to a green and sustainable future and as part of this resolve, the discoms continue to looks towards the sun and the wind for powering Delhi and empowering consumers. "Championing the cause of renewable energy, of the...
RInfra-led BSES discoms sign for 510 MW of green power with SECI
RInfra-led BSES discoms sign for 510 MW of green power with SECI
Source: IANS
21/07/2021 9:26:36 AM
Reliance Infra allots 8.8 cr warrants to promoter group Varde Investment Partners LP Consequent to approval from members, through postal ballot, Reliance Infrastructure Ltd (Reliance Infra) On Monday allotted 8.88 crore warrants convertible into equivalent number of equity shares of the company to Risee Infinity Private Ltd, a promoter group company and VFSI Holdings Pte Ltd, an affiliate of Varde Investment Partners, LP. Post allotment, the holding of promoter group in Reliance Infra would increase to 22.06 per cent upon full conversion of warrants. Reliance Infrastruc...
Reliance Infra allots 8.8 cr warrants to promoter group Varde Investment Partners LP
Reliance Infra allots 8.8 cr warrants to promoter group Varde Investment Partners LP
Source: IANS
20/07/2021 9:01:10 AM
Reliance Infra-led BSES discoms geared up for monsoons As monsoon is just at the national capitals doorstep, the Reliance Infrastructure-led BSES discoms are geared up to supply power ensuring all safety measures required during the rainy season. Some of the unique problems during the rainy season are water-logging, strong winds uprooting trees, and falling branches that damage electricity installations, resulting in power outages. In order to safeguard human lives and electrical equipment, it also becomes necessary to switch off the electr...
Reliance Infra-led BSES discoms geared up for monsoons
Reliance Infra-led BSES discoms geared up for monsoons
Source: IANS
9/07/2021 9:32:45 AM
RInfra shareholders with over 97% votes approve preferential issue to promoters & Varde Investment Partners  The shareholders of Reliance Infrastructure Limited (Reliance Infra), through postal ballot, have approved with overwhelming majority, the raising of funds upto Rs 550.56 crore by preferential allotment of upto 8.88 crore equity shares and/or warrants convertible into equivalent number of equity shares of the Company to promoters and VFSI Holdings Pte. Limited, an affiliate of Varde Investment Partners, LP. The shareholders of Reliance Infra have also approved with overwhelming major...
RInfra shareholders with over 97% votes approve preferential issue to promoters & Varde Investment Partners
RInfra shareholders with over 97% votes approve preferential issue to promoters & Varde Investment Partners
Source: IANS
7/07/2021 12:53:54 PM
Reliance Infra in talks with Cube Highway for sale of 4 road assets Reliance Infrastructure Ltd is in talks with Singapore based-Cube Highways to sell its 4 road assets for an enterprise value of Rs 1,430 crore. The company will use the proceeds from the sale to cut down its debt. Singapore-based Cube Highways is promoted by I Squared Capital, a wholly owned subsidiary of the Abu Dhabi Investment Authority, International Finance Corporation and a consortium of Japanese investors including Mitsubishi Corporation and Japan Overseas Infrastructure Investment ...
Reliance Infra in talks with Cube Highway for sale of 4 road assets
Reliance Infra in talks with Cube Highway for sale of 4 road assets
Source: IANS
1/07/2021 5:18:24 PM
Reliance Power board approves preferential issue of shares, warrants to Reliance Infra  The Board of Directors of Reliance Power Limited has approved preferential issue of up to 59.5 crore equity shares and up to 73 crore warrants convertible into equivalent number of equity shares of the company at an issue price of Rs 10 each by conversion of debt, aggregating up to Rs 1 ,325 crore to Reliance Infrastructure Limited, a listed promoter company. The Board of Directors of Reliance Infrastructure Limited (Reliance Infra) at its meeting on Sunday approved the subscription ...
Reliance Power board approves preferential issue of shares, warrants to Reliance Infra
Reliance Power board approves preferential issue of shares, warrants to Reliance Infra
Source: IANS
14/06/2021 9:03:59 AM
Reliance Infrastructure board approves preferential issue to promoters, Varde Investment Partners LP The Board of Directors of Reliance Infrastructure Ltd (RInfra) at its meeting held on Sunday has approved raising of funds upto Rs 550.56 crore by preferential allotment of upto 8.88 crore equity shares and/or warrants convertible into equivalent number of equity shares of the company to promoter group and VFSI Holdings Pte Ltd, an affiliate of Värde Investment Partners LP. The funds raised would be utilised for long term resources, for general corporate purposes, fund future growth, ...
Reliance Infrastructure board approves preferential issue to promoters, Varde Investment Partners LP
Reliance Infrastructure board approves preferential issue to promoters, Varde Investment Partners LP
Source: IANS
7/06/2021 8:47:59 AM
Reliance infrastructure Ltd & YES Bank announce sale transaction of Reliance Centre to YES Bank Reliance Infrastructure Limited and YES Bank Limited announced a sale transaction of Reliance Centre, Santacruz, Mumbai to YES Bank. The transaction value is Rs1,200 crore. Entire proceeds from the sale of Reliance Centre, Santacruz is utilized only to repay the debt of YES Bank. Reliance infrastructure limited has reduced its exposure by 50 per cent in the last 90 days. Rinfra has closed three major transactions in the last 90 days namely sale of road assets -- Delhi Agra Toll Ro...
Reliance infrastructure Ltd & YES Bank announce sale transaction of Reliance Centre to YES Bank
Reliance infrastructure Ltd & YES Bank announce sale transaction of Reliance Centre to YES Bank
Source: IANS
1/04/2021 12:29:25 PM