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
Anil Ambani-led Reliance Group on Monday said its arm Reliance Infrastructure is setting up one of India's most advanced, fully integrated solar manufacturing ecosystems spanning ingots, wafers, cells and modules. According to an investors presentation of Reliance Infrastructure, the manufacturing facility will have next-gen technology. The facility will bridge large demand-supply gap as India will need 5560 GW of solar modules annually by 2030, while upstream capacity remains significantly short. It will be a high-value, vertically integrated platform to reduce import dependence and strengthen India's clean energy security. It is establishing an end-to-end battery manufacturing ecosystem covering cell manufacturing, pack assembly and grid-scale containerised BESS (battery energy storage system) As per the presentation, India's installed stationary storage base is less than 1 GWh today and will rise to 250 GWh by 2032. Domestic manufacturing currently meets less than 10 per cent o
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
Reliance Infrastructure has reported a 50 per cent dip in consolidated net profit to Rs 1,911.19 crore in the September quarter, impacted by reduced income, and the company also looks to raise USD 600 million to fund its growth plans. It had clocked a net profit of Rs 4,082.53 crore in the second quarter a year ago, the company said in an exchange filing on Tuesday. The company saw its total income falling to Rs 6,309.48 crore, from Rs 7,345.96 crore in the July-September period of FY25. Reliance Infrastructure trimmed expenses to Rs 5,991.49 crore, from Rs 6,450.38 crore in the year-ago period. In a separate statement, the company said its "board has approved seeking enabling resolution from shareholders for raising USD 600 million through issue of foreign currency convertible bonds (FCCBs) to fund growth." The company's consolidated net worth increased to Rs 16,921 crore, as on September 30, 2025, up 14 per cent from Rs 14,855 crore as on June 30, 2025. Bank debt on a standalon
The ED has attached assets worth more than ₹7,500 crore linked to Reliance Group Chairman Anil Ambani as part of a money laundering probe against his group companies.
Reliance Infrastructure and Reliance Power said CBI's chargesheet against Anil Ambani in connection with alleged loan fraud has no effect on their governance, stability, or daily operations
Anil Ambani's firm's stocks plunged as the CBI filed a case and carried out searches after a fraud complaint from the State Bank of India
Reliance Infrastructure plans to monetise its Pune-Satara Toll Road project at an enterprise value of ₹2,000 crore, with Cube Highways set to acquire the asset
Reliance Infrastructure shares rose 3.6 per cent on Tuesday, logging an intra-day high at ₹272 per share on BSE after the company received a letter of award (LoA) from NHPC
The number of fraud cases investigated by the ED has been steadily increasing, over a decade till 2024
R-Infra posted a profit (attributable to owners of the parent company) for the first quarter of FY26 of Rs 59.84 crore against a loss of Rs 233.74 crore incurred in Q1 FY25
The Enforcement Directorate has issued a lookout notice against Anil Ambani in connection with a money laundering case, preventing him from leaving India without prior approval
The company further stated that it had a net exposure of Rs 6,500 crore, which was duly disclosed in its financial statements over the past four years
Reliance Infrastructure and Reliance Power clarify that Enforcement Directorate's actions have concluded at all locations, with no impact on business operations, financial performance, or stakeholders
Reliance Infrastructure posts a profit of Rs 59 crore in Q1 FY26, reversing the previous year's loss. The company's revenue drops, but consolidated EBITDA increases by 29%
The Enforcement Directorate (ED) on Thursday raided several locations connected to Anil Ambani as part of its ongoing investigation into the Yes Bank loan fraud case.
Reliance Infrastructure and subsidiary Reliance Power will raise Rs 9,000 crore each via equity and debt routes, as board approvals clear fresh capital infusion
Rating agency Ind-Ra on Friday upgraded Reliance Infrastructure's credit rating on its existing non-fund based working capital limits, reflecting its substantial deleveraging efforts, resulting in net zero debt with banks and financial institutions. India Ratings and Research upgraded the credit rating from IND D' to IND B / Stable / IND A4'. Additionally, the company said in a regulatory filing that Ind-Ra has withdrawn the ratings assigned to the earlier proposed fund-based and non-fund-based limits, which were not raised or availed by the company. This upgrade represents a significant improvement of three notches in the company's credit profile, achieved after six years at the IND D rating level, it stated. The upgrade also reflects the company's substantial deleveraging efforts, resulting in net zero debt with banks and financial institutions, it stated. The improvement in rating also reflects Reliance Infra's timely servicing of standalone debt obligations for three consecuti