Page 4 - Reliance Infrastructure

Reliance Infrastructure moves Mumbai arbitration centre against Adani

Reliance Infrastructure has filed its statement of arbitration claims for a sum of approx Rs 13,400 crore before the Mumbai Centre for International Arbitration, the company said

Lenders agree to RNTL-Reliance Industries' takeover deal: Report

Two years after the deal was approved by the NCLT, banks led by the State Bank of India (SBI) have agreed to issue a no objection certificate (NOC) to Mukesh Ambani-owned Reliance Industries

Reliance Infra Q1 net loss narrows to Rs 66.11 cr; income rises 37%

Its total consolidated income during the quarter under review rose to Rs 6,349.34 crore as against Rs 4,623.17 crore in the year-ago period.

Windfall tax: RIL's refining margins to be hit by upto $8/bbl, say analysts

The government has imposed a sharp windfall tax of Rs 13 per litre on diesel exports and Rs 6 per litre on gasoline exports

20 yrs of privatised Delhi discoms: Leap in tech but feet tied in populism

Delhi's power purchase cost has risen by 300% since 2014 but the tariff has only risen by 90%

Adani, L&T among 18 firms to show interest in BSES smart meter tender

With 5 million meters, this is the largest tender in the country

BSES to install 5 mn smart meters across Delhi in country's largest rollout

Floats tender worth Rs 4,000 crore to procure the meters; installation to start by October

Reliance Infra to receive Rs 595 cr from Damodar Valley Corp 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.

No VC hearings in the Supreme Court today; physical hearings to continue

Delhi was hit by a thunderstorm on Monday evening, leading to several parts of the national capital facing blackouts

RInfra posts 72% loss at Rs 449 crore in Q4, total income down by 8%

Reliance Infrastructure on Friday reported a loss of Rs 449.13 crore in the March 2022 quarter. The company had reported a consolidated net profit of Rs 1,611.02 crore in the corresponding quarter of FY21, a BSE filing said. The total income in the quarter under review declined to Rs 4,467.61 crore from Rs 7,860.81 crore in the year-ago period. In FY22, the company reported its consolidated net loss at Rs 938.39 crore, while it had posted a consolidated net profit of Rs 1,125.25 crore in the preceding fiscal. Total income in the fiscal also came down to Rs 19,132.55 crore from Rs 20,914.89 crore in 2020-21. It said that in FY22, Delhi Metro Rail Corporation paid Rs 1,766 crore to Delhi Airport Metro Express Ltd against arbitration award, which was used for debt reduction. Reliance Infrastructure is one of the largest infrastructure companies, developing projects through various Special Purpose Vehicles (SPVs) in several high growth sectors such as power, roads and metro rail in t

RInfra's subsidiary plea: DMRC provides details of funds in its bank a/c

As per the filing, DMRC has Rs 5,694 crores in its various bank accounts, as against DAMEPL's claim of above Rs 6,208 crores

Delhi High Court seeks DMRC's stand on due payment to DAMEPL

DAMEPL says that it wants the execution of arbitral award at the earliest and is not agreeable to any alternate proposal from DMRC

DMRC in contempt of HC order, fails to furnish bank a/c info: RIL infra arm

The Reliance Infrastructure subsidiary, DAMEPL has filed an application in the Delhi High Court on January 7 stating that DMRC in contempt, has failed to comply with the last order of the court

Hit by Covid-19 pandemic, DMRC finds it hard to pay R-Infra dues

The transport major's net loss stood at Rs 541.05 crore in the financial year 2019-20, widening from a loss of Rs 462.23 crore in 2018-19.

Stocks to Watch: Indigo, ONGC, PNB, Tata Power, RInfra, FMCG, Cement shares

Analysts expect under-performance by FMCG shares to continue

Will pay Rs 1,000 cr to Reliance Infra's arm in 48 hrs: DMRC tells HC

DMRC also suggested taking over the Reliance Infrastructure subsidiary's debt to the extent of the award money

HC to hear RInfra plea on Monday against DMRC to enforce SC order

The Supreme Court has dismissed the review petition filed by state-owned firms against its order upholding an arbitral award to Reliance Infrastructure subsidiary.

HC dismisses DMRC's plea for refund of Rs 678 crore paid to DAMEPL

The Delhi High Court has dismissed an application by DMRC seeking a refund of Rs 678 crore which was paid by it to the lenders of Reliance Infrastructure subsidiary DAMEPL in 2018

Stocks to Watch:GSK Pharma, Jet Airways, Rel Infra, auto, bank, FMCG shares

Traders may keep positions light owing to the weekend factor as uncertainty lingers around the threat of Omicron variant

Supreme Court upholds arbitral award in favour of Anil Ambani firm

A Bench of Justices L Nageswara Rao and S Ravindra Bhat said no case for review is made out