Page 30 - Amritha Pillay

Mukesh Ambani's Reliance Retail to sell Hamleys products in India

Reliance Brands hopes to take the 88-store network of Hamleys to around 200 in the next two to three years in India

Ambuja looks to expand cement capacities with buys in RMCs, aggregates

Analysts see the move as an attempt to move towards being a building materials company and not a pure cement maker

AIIB to provide $100 million loan to L&T Infrastructure Finance

Loan proceeds to be used to lend to wind, solar infrastructure projects in India

After RInfra, lenders to Reliance Power sign debt-resolution pact

The announcement comes a day after Reliance Infrastructure (RInfra) made a similar announcement

Reliance Infra lenders sign debt resolution pact; stock jumps nearly 11%

The move follows multiple developments in the company and the group in the past one month

PLF for new power plants could rise as old units head for closure

As of May 2019, India's total thermal power capacity stood at 226.3 Gw

Ambuja Cement scouts for buys in ready-mix concrete to fuel growth

Analysts see the move as an attempt to move towards being a building materials company and not a pure cement maker

GMR sells Chhatisgarh plant to Adani Power in order to pare debt

Deal is part of a debt resolution plan approved by GMR's lenders; The power plant subsidiary ran into financial trouble owing to absence of a long-term PPA

CLP inks deal to buy 3 power assets from Kalpataru for Rs 3,275 cr

The three assets comprise Kalpataru Satpura Transco in Madhya Pradesh, Alipurduar Transmission in Bihar and West Bengal, and Kohima Mariani Transmission

Remuneration for L&T's top three officials up 45-100% in FY19: Report

Remuneration for the company's CEO and MD S N Subrahmanyan rose 52.36 per cent.

ONGC seeks bids to enhance production from 64 marginal fields

Companies can bid either alone or through consortiums and joint ventures and will be allowed to bid for more than one contract area

60% road projects do not have a major maintenance reserve, says ICRA

The lack or inadequacy of these funds also highlights financial stress in developing these road projects

Anil Ambani-promoted RInfra loses NTPC order worth Rs 567 crore to GE

For the current financial year, RInfra looks to increase its order book to close to Rs 50, 000 crore

RInfra executes Rs 10,000-cr Mumbai projects under auditors' oversight

As of March 2019, Reliance Infrastructure's total order book was at Rs 28,000 crore, all of which are state or central government orders

IL&FS gets go-ahead to re-start work on Birpur-Bihpur road project

Work on the road project is expected to start within 15 days from the receipt of the Ministry's consent

15% downside to RIL's earnings estimate, IMO 2020 key risk: JPMorgan

RIL's gross refining margins have been under pressure for the last few quarters

For NHAI, work on road projects starts before an official go-ahead

Move raises concerns over early completion bonus

Economics can support another 30,000 petrol pumps, says CRISIL report

CRISIL pegged the current throughput of these outlets at 160 kilo litres a month (KLPM), which is less than half of what it is for a developed country like the US

PwC quits as RCap, RHFL auditor over their unsatisfactory response in audit

The disagreement between the auditor and the two Anil Ambani group firms might also lead to a legal battle, according to the disclosures

Rumour-mongering hitting Reliance Group's interests, says Anil Ambani

Says committed to meeting all debt servicing obligations in a timely manner