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RInfra justifies Metro fare in HC; says it`s based on cost

Last Updated: Friday, June 13, 2014, 20:35

Anil Ambani-led Reliance Infrastructure today justified in the Bombay High Court its decision to charge fares in the range of Rs 10-40 for various destinations for the Mumbai Metro route connecting Versova and Andheri in the west to Ghatkopar in the East.

Mumbai Metro Rail services to commence Sunday

Last Updated: Saturday, June 07, 2014, 18:24

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

Last Updated: Monday, May 19, 2014, 19:35

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

Reliance Infra`s Gurgaon-Faridabad toll plaza vandalised

Last Updated: Monday, March 31, 2014, 15:53

GF Toll Road Private Ltd, the Reliance Infrastructure subsidiary that operates the Gurgaon-Faridabad expressway, has alleged that the toll plaza on the road was vandalised by some political activists who refused to pay the levy.

Mumbai Metro closer to ops, to get speed certificate this week

Last Updated: Sunday, March 23, 2014, 14:27

Railway`s research arm RDSO is likely to issue `speed certificate` to the much-awaited Mumbai Metro this week, sources said.

Anil Ambani meets Delhi LG over CAG audit

Last Updated: Wednesday, February 19, 2014, 15:41

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 Q3 net profit jumps 26% at Rs 450 crore

Last Updated: Thursday, February 06, 2014, 18:46

Anil Ambani Group firm Reliance Infrastructure on Thursday reported 26 percent jump in its third quarter net profit on gains made from at sale of shares of a group firm.

BSES complains to Delhi govt on tariff reduction

Last Updated: Friday, January 10, 2014, 21:19

Reliance Infra-backed BSES Rajdhani Power Ltd has sought Delhi Government`s intervention in overcoming its "precarious financial" condition in absence of "cost-reflective" electricity tariff.

Reliance Infra falls around 4% on debt downgrade

Last Updated: Monday, September 30, 2013, 13:04

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

Last Updated: Wednesday, August 28, 2013, 11:05

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

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

Last Updated: Tuesday, August 27, 2013, 22:38

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

Last Updated: Tuesday, August 27, 2013, 21:36

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