Despite a 50 per cent gain in May, Reliance Infrastructure continues to carry positive momentum. Now, the news of raising fund is likely to act as a positive catalyst in the near-term
Of the total, Rs 400 crore will be invested by Anil Ambani group and the rest by Varde Partners
Civic authorities at the popular hill station Mahabaleshwar have asked a private club to shut down its golf course ground after a video of Ambani taking a walk there went viral
In January 2000, the promoters of Reliance Industries Ltd (RIL), and other entities acting in concert, raised their stake in RIL by 6.83 per cent through converting warrants issued in 1994
Bid submission date extended for fifth time as NCLT grants five more months to lenders to complete resolution process
Reliance Capital Ltd (RCL), part of Anil Ambani-promoted Reliance Group, has said the total outstanding debt rose to Rs 20,379.71 at the end of December 2020
Justice Prateek Jalan passed the order on a plea by erstwhile directors of the three companies challenging a 2016 circular of the RBI regarding declaration of accounts as fraud by banks
Reliance Infra on Friday announced completion of sale of its Delhi-Agra (DA) toll road to Cube Highways and Infrastructure for Rs 3,600 crore
Earlier this month, the Committee of Debenture Holders had extended the last date for submission of expression of interest (EoI) to December 17, 2020
Reliance Infrastructure has decisively crossed the 200-day moving average (DMA), as per the daily chart.
In the last hearing on Oct 29, SC had transferred to itself all petitions pending before various High Courts, challenging IBC provisions on the issue
Over eight bidders have bid for entire assets on as-is-where-is basis.
Bidders have the option to either buy the entire company or bid for the company's individual assets.
Mumbai-based Mazagon Dock Ltd (MDL) is also keen to gain access to Pipavav Shipyard, though it is not participating in the IBC process
December 1 deadline for submitting EoIs; bids also invited for its MF assets where RCap holds 49% stake
Top court likely to give its order on Thursday, has indicated it may transfer all cases to itself, according to a senior lawyer
MCA is engaging with the law ministry to present the government's side of the argument
The high court also said that the moratorium on recoveries from sale of Ambani's assets, as provided under section 96 of the Insolvency and Bankruptcy Code (IBC), would remain in operation for now
Three state-controlled Chinese banks have pursued Ambani for more than $700 million in a London court
Move follows default on debt to debenture holders who form 99% of the firm's liability