Reliance Infrastructure declined as much as 4.5 per cent the 52-week low of ₹89.70 per share on the National Stock Exchange (NSE)
Anil Ambani's Reliance Group said solar and battery manufacturing will anchor its clean energy strategy, with Reliance Infrastructure planning an integrated solar chain and a BESS platform
The Enforcement Directorate has attached fresh assets worth Rs 1,120 crore as part of its money laundering probe against the companies of Reliance Group chairman Anil Ambani, officials said. Eighteen properties, including the Reliance Centre in Mumbai's Ballard Estate, fixed deposits, bank balance and shareholding in unqouted investments of Reliance Anil Ambani Group have been provisionally attached under the Prevention of Money Laundering Act (PMLA), they said. Another set of seven properties of Reliance Infrastructure Ltd, two properties of Reliance Power Ltd, nine properties of Reliance Value Service Private Ltd, fixed deposits in the name of Reliance Value Service Private Ltd, Reliance Venture Asset Management Private Lt, Phi Management Solutions Private Ltd, Adhar Property Consultancy Pvt Ltd, Gamesa Investment Management Private Ltd and investments made in unquoted investment by Reliance Venture Asset Management Private Ltd and Phi Management Solutions Private Ltd have also bee
The selling pressure on the counter came after 5.17 million shares changed hands on the National Stock Exchange (NSE) in a pre-market block trade, according to data compiled by Bloomberg
The attachment covers multiple properties linked to Reliance Communications (RCom) and other group entities, including buildings at Dhirubhai Ambani Knowledge City (DAKC) and Millennium Business Park