Wed, Dec 11, 2024
Reliance Power, part of the Reliance Group led by top businessman Anil Ambani, has set up a new subsidiary, Reliance NU Energies, for its renewable energy business.
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Tue, Nov 26, 2024
Reliance Power said on Tuesday that the Delhi High Court has granted a stay on Solar Energy Corporation of India's notice of debarment against it, including all its subsidiaries, except Reliance NU BESS (formerly known as Maharashtra Energy Generation Ltd).
Sun, Nov 17, 2024
Reliance Group, led by top businessman Anil Ambani, has launched its Reliance Group Corporate Centre (RGCC). RGCC will serve as a strategic hub that will provide guidance to its companies as they pursue new opportunities and technological advancements.
Wed, Nov 06, 2024
Rosa Power Supply Company Ltd (Rosa Power), a subsidiary of Reliance Power, has prepaid a Rs 485 crore loan to Singapore-based lender Varde Partners.
Tue, Oct 22, 2024
Reliance Infrastructure, part of the Reliance Group led by top businessman Anil Ambani, has been allotted 1,000 acres of land in Watad Industrial Area in Ratnagiri to develop Dhirubhai Ambani Defence City (DADC).
Sun, Oct 20, 2024
Reliance Infrastructure shareholders have given the nod to the Reliance Group company's plan to raise Rs 6,000 crore through preferential shares and a qualified institutional placement (QIP) issue.
Sun, Oct 06, 2024
In the past two weeks, Reliance Infrastructure and Reliance Power have announced raising Rs 4,500 crore through preferential issues of equity shares and Rs 7,100 crore from renowned global investment fund Varde Partners through equity-linked long-term FCCBs, having a long maturity period of 10 years and low interest rate of 5 per cent.
Wed, Oct 02, 2024
Reliance Group has set up a new company, Reliance Enterprises, to exclusively promote investment in Bhutan's renewable and green energy sector.
Mon, Sep 30, 2024
Reliance Infrastructure (RELINFRA) and Reliance Power (RPOWER) shares have rewarded investors handsomely over the past few sessions, with each about 56 per cent stronger since September 16, according to provisional exchange data. Reliance Infrastructure and Reliance Power are part of the Reliance Group, led by top businessman Anil Ambani.
Sun, Sep 29, 2024
The Calcultta High Court has ordered the release of a Rs 600 crore bank guarantee submitted by Reliance Infrastructure.
Fri, Sep 27, 2024
This will mark a second meeting of Reliance Infrastructure's board after it granted approval to a preferential issue of Rs 3,000 crore on September 19.
Wed, Sep 25, 2024
Rosa Power, a subsidiary of Reliance Power, is learned to be on track of becoming debt-free by paying off its debt of Rs 850 crore to Singapore-based Varde Partners.
Mon, Sep 23, 2024
This comes days after Reliance Infrastructure, another Anil Ambani-led group firm, approved raising Rs 6,000 crore.
Sun, Sep 22, 2024
In three days -- from September 18 to September 20 -- the group announced it has turned into nearly zero and is implementing long-term fund raising plans that are said to solidify its financial position.
Reliance Power's board is set to meet on Monday to consider raising of long-term funds from domestic and/or global markets through multiple routes.
Fri, Sep 20, 2024
Reliance Infrastructure Share Price: Mumbai-headquartered Reliance Infrastructure (also known as RInfra), part of the Reliance Group led by top businessman Anil Ambani, plans to raise Rs 3,014 crore through preferential shares and another Rs 3,000 crore through the qualified institutional placement (QIP) route.
Wed, Sep 18, 2024
The development assumes significance as Reliance Infrastructure has already cleared its funded outstanding dues to companies including Life Insurance Corporation (LIC), Edelweiss Asset Reconstruction Company Ltd, ICICI Bank, and Union Bank.
Sun, Aug 25, 2024
Businessman Anil Ambani is reviewing a Sebi order imposing a fine and banning him from capital markets for five years in an alleged fund diversion case and will take appropriate next steps as legally advised, his spokesperson said in a statement on Sunday.
Tue, Jul 04, 2023
Anil Ambani's alleged links to some offshore companies based in Jersey, British Virgin Islands and Cyprus are under the probe scanner of the ED.
Wed, Apr 05, 2023
The court then granted an interim stay to the demand notice too. On Wednesday, when the petition came up for hearing, advocate Akhileshwar Sharma, appearing for the IT department, sought two weeks to file a "comprehensive affidavit" in response to the amended petition.
Wed, Apr 13, 2022
Amid a standoff over the bidding process for debt-ridden Reliance Capital Ltd (RCL) and its subsidiaries, lenders have rejected the concerns raised by the RBI-appointed administrator and have decided to go ahead with their own proposal, an unprecedented development under the insolvency proceedings, sources said.
Sun, Apr 10, 2022
As many as 54 bids were received for the resolution of RCL and its multiple subsidiaries as of March 25, which was the last date for submission of Expressions of Interest (EoI).
Sun, Mar 27, 2022
Other bidders include Yes Bank, Bandhan Financial Holdings, Cholamandam Investment, OakTree Capital, Blackstone, Brookfield, TPG, KKR, Piramal Finance and Poonawala Finance, sources said.
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