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Reliance Infra in advanced talks to sell cement unit for $394 million

Reliance Infrastructure`s cement unit has three plants with total installed capacity of 5.8 million tonne per annum (MTPA).

RInfra to move aggressively on defence; quit roads, cement biz

RInfra to move aggressively on defence; quit roads, cement biz

Reliance Infrastructure (RInfra) Wednesday reported a tepid 4.62 percent rise in net profit for July-September quarter at Rs 451.1 crore, and said it will focus on the defence sector, while exiting the cement and road businesses by monetising these assets.

RInfra to sell 5.8MT cement business, monetise 8,800 cr projects

In a strategic move to unlock value, Reliance Infrastructure (RInfra) Wednesday said it will sell its 5.8 MTPA cement business and monetise 11 road projects worth Rs 8,800 crore, making the defence sector as primary driver of the company's growth.

Reliance Infra allowed to hike Mumbai Metro fares

The Bombay High Court Thursday dismissed a plea by the Maharashtra government challenging revised fares proposed by Reliance Infra for the Mumbai Metro One Pvt. Ltd. (MMOPL).

Mumbai Metro Rail services to commence Sunday

Maharashtra`s first Metro Rail is scheduled to be inaugurated here Sunday, with its developer, Reliance Infra (RInfra) announcing a one-way promotional fare of Rs.10 for a month.

RInfra notches Rs 1,914 crore net profit last fiscal

The total income for financial year 2014 was Rs 20,274 as against Rs 23,433 crore in the previous financial year.

Anil Ambani meets Delhi LG over CAG audit

ADAG Chairman Anil Ambani Wednesday met Lt Governor Najeeb Jung and is understood to have discussed the CAG audit of two power distribution companies of Reliance Infra ordered by previous AAP government and other issues related to electricity supply.

Reliance Infra to enter Nifty Midcap 50; Vijaya Bank to exit

Nifty Midcap 50 index consists of stocks with average free float market capitalisation.

Reliance Infra falls around 4% on debt downgrade

Shares in Reliance Infrastructure fell around 4 percent after rating agency Crisil downgrades its rating on the company's debt programmes and long-term bank facilities to "A+/Negative" from "CRISIL AA-/Negative".

Wipro to replace Reliance Infra in Nifty

Wipro had been excluded from the NSE index from April 1.

Wipro to enter Nifty from Sep 27; Reliance Infra to exit

Earlier, Wipro was dropped from the CNX Nifty index from April 1 as its non-IT businesses were hived off into a separate unit.

R-Infra to emerge as leading firm in its segment: Anil Ambani

The company will look at every adversity as opportunity for growth, he added.

Anil Ambani group cos' stocks gain; RInfra climbs over 8%

In-sync with an overall strong stock market, shares of Anil Ambani-led Reliance Group companies were in limelight Thursday, with Reliance Infrastructure gaining over 8 percent.

Reliance Infra starts Jaipur-Reengus road project

The four laning of the 52 km Jaipur-Reengus road has been completed and toll collection has started.

Reliance Infra refuses to operate Airport Metro, DMRC to run it

Reliance Infra, which runs the Delhi Airport Metro line, has refused to operate it beyond June 30, a notice rejected by Delhi Metro Rail Corporation (DMRC) Friday which termed it as a "violation" of the Concession agreement and the ongoing arbitration proceedings.

Tata Power opposes RInfra's multi-year tariff proposal

Tata Power objected to Reliance Infra's multi-year tariff proposal submitted to the regulator MERC, saying it has many hidden charges.

RIIL Oct-Dec quarter net profit up nearly 5%

Income from operations of the company rose to Rs 20.83 crore from Rs 15.15 crore a year ago.

Reliance Industrial Infra Net up 3.7% at Rs 6.10cr in Jul-Sept

The company's net profit for July-September period was Rs 5.88 crore in last fiscal.

Reliance Infra re-accredited with ISO 27001 certification

"The certification will now be extended to the company's other businesses namely roads and metro which are undergoing audits for the same," the release said.

DMRC, Reliance Infra at loggerheads prior to Airport Metro suspension

In the run up to the suspension of operations of the Airport Metro, DMRC and Reliance Infra were at loggerheads on running the line, according to latest documents.