Page 12 - Reliance Infrastructure

LIC lists conditions for R-Infra rejig

The move comes as Reliance Infrastructure's billionaire owner Anil Ambani plans to sell stake in the Mumbai power business and pare debt across his conglomerate

All 11 RInfra toll plazas to go cashless from midnight

It becomes the first NHAI concessionaire to introduce cashless toll payments at all its toll plazas

Reliance Infrastructure InvIT Fund gets Sebi registration

Source said initially the plan is for its road projects, valued around Rs 10,000 crore and later for other sectors

Reliance Infra's Q2 profit rises 34%

R-Infra reported a net profit of Rs 570.55 crore, 34% higher from Rs 462.32 crore reported in the same period last year

RInfra evaluating InvIT for Metro, power transmission businesses

Anil Ambani-promoted Reliance Infrastructure may form an infrastructure investment trust (InvIT) for its assets like power transmission and Metro."For roads, we are clearly looking at a strategic buyer. We are also exploring InvIT for a host of infrastructure assets," said Lalit Jalan, chief executive officer, Reliance Infrastructure. He added that assets like power transmission and Metro could be looked at for InvIT.RInfra's board on Monday approved a proposal to amend the memorandum of association of the company to allow for activities related to setting up any trust, including venture capital funds, InvITs, real estate investment trusts, the company said in a statement to BSE. The company will now seek shareholders' approval for the proposal through postal ballot.The company operates 11 projects under its roads portfolio. Part of its power transmission business are assets worth Rs 7,000 crore and comprise about 6,280 circuit kilometres of transmission lines with a presence across se

Our debt will be negligible after exiting power distribution, roads: Lalit Jalan

Interview with CEO, Reliance Infrastructure

Reliance Infra completes sale of cement business to Birla Corp

The Rs 4,800-crore deal for 5 mt capacity business was announced in February 2016

R-Infra revises demerger plan after LIC demurs

Insurance firm raises objections in Bombay HC over transfer of debt to pvt company; changes to demerger plan await court nod

HSBC sells Reliance Infra shares worth Rs 144 cr

Shares were picked up by AGF Emerging Markets Fund

Reliance Infra rejig: Vote against, IiAS tells shareholders

Transfer of power business to subsidiary could increase debt levels, says proxy advisory firm