The deal with Rheinmetall will support Reliance's plan to be among India's top three defence exporters and includes a major investment in a facility in Ratnagiri, Maharashtra
JR Toll Road repays full ₹273 crore, including interest, to Yes Bank under new settlement agreement, closing R-Infra's obligations as corporate guarantor
Reliance Infrastructure on Monday said its wholly-owned subsidiary JR Toll Road Private (JRTR) has paid the entire debt settlement amount of Rs 273 crore to Yes Bank Ltd (YBL). Reliance Infrastructure in a regulatory filing said the agreement has also resulted in full settlement/discharge of the company's obligation as a guarantor for the said loan on behalf of JRTR. YBL does not hold any shares in the Company and is neither a related party nor part of the promoter group, it added. " ...we hereby inform that JR Toll Road Private Limited (JRTR), a wholly owned subsidiary of the Company has entered into an addendum to the settlement agreement today with Yes Bank Limited (YBL) for the entire outstanding debt obligation of Rs 273 crore (including interest) owed by JRTR to YBL, and has duly paid the entire settlement amount," Reliance Infrastructure said.
Dassault Aviation and Reliance Aerostructure will manufacture Falcon 2000 business executive jets in India for the global markets
MMOPL has been operating Mumbai's first metro line between the Versova-Andheri-Ghatkopar Corridor -- which recently completed 11 years of operations
Reliance Infrastructure is looking to turbocharge its defence vertical with a focus on aircraft upgrade programmes, eyeing an opportunity of Rs 5,000 crore over the next 7-10 years, sources said. This strategic foray positions Reliance Infrastructure as India's first private sector company to independently execute a comprehensive aircraft upgrade programme without being the original manufacturer -- a domain traditionally dominated by public sector units and OEMs. According to a company source, the company has already marked a significant milestone by successfully upgrading 55 Dornier-228 aircraft under a contract with Hindustan Aeronautics Ltd (HAL), in collaboration with US-based avionics firm Genesys. Initially awarded a contract for 37 aircraft, Reliance secured a repeat order for an additional 18 units following the successful execution of an earlier contract. The total value of the Dornier upgrade contract was Rs 350 crore, sources said. The upgraded Dornier fleet is operatio
Reliance Infra says it has fully paid dues claimed by Dhursar Solar Power as NCLAT puts on hold NCLT's May 30 order initiating insolvency against the firm
NCLAT suspends insolvency order by NCLT after Reliance Infra argues it has cleared ₹92.68 crore dues linked to Dhursar Solar Power; next hearing set for July 18
Reliance Infrastructure on Monday said it has made the full payment of Rs 92.68 crore to Dhursar Solar Power Pvt Ltd towards claims of tariff, making the initiation of insolvency proceedings infructuous. "The company has made full payment of Rs 92.68 crore to Dhursar Solar Power Private Limited, towards claim of tariff as per the Energy Purchase Agreement with the company," Reliance Infra said in a stock exchange filing. The company said it will appeal before the NCLAT and will seek withdrawal of the Order dated May 30, 2025, passed by NCLT Mumbai for initiation of the corporate insolvency resolution process. "The NCLT Order has become infructuous as legally advised, upon full payment having already been made," it said. The Mumbai bench of the National Company Law Tribunal (NCLT) had admitted an insolvency plea against the company. The plea was filed by IDBI Trusteeship Services Ltd. In April 2022, IDBI Trusteeship had filed a petition for initiating a corporate insolvency resolut
Technical chart suggests that these 2 Anil Ambani group shares - Reliance Infrastructure and Reliance Power can potentially rally another 25% from here on; here are the key levels to watch out for.
Reliance Infrastructure Ltd, the flagship company of Anil Ambani's Reliance Group, is targeting Rs 3,000 crore from the export of 155 mm ammunition and aggregates by the end of financial year 2027, sources said. In the current year itself, the company is estimated to export Rs 1,500 crore of large calibre ammunition. Reliance Infrastructure has already clocked exports of up to Rs 100 crore of artillery ammunition and aggregates and is aiming to be among the top three exporters of defence equipment in India, sources aware of the matter said. The key export market for Reliance includes countries in the European Union, focusing on large restocking demand for artillery ammunition. According to the experts, the market size for restocking is estimated at Rs 4,00,000 crore. Sources said Reliance has been able to make inroads in the highly competitive markets of the European Union and South East Asia. When contacted, a Reliance Infrastructure spokesperson confirmed that the ammunition ex
Reliance Infrastructure has moved higher by 11% to ₹347.65 on the BSE in Friday's intra-day trade amid heavy volumes, trading close to its 52-week high level
Reliance Infra's stock was quoting at ₹288.75, down 5.5 per cent compared to previous session's close of ₹305.45 on the NSE
Shares of Reliance Infrastructure rallied 10% to ₹ 313 on media reports of Reliance Defence ties up with Rheinmetall to supply ammunition, explosives
Reliance Defence and Rheinmetall AG will jointly produce explosives and propellants at a new greenfield facility in Maharashtra as part of a broader defence collaboration
Reliance will build a major ammunition complex in Maharashtra with Germany's Rheinmetall AG, aiming to support India's defence forces and its ₹50,000 crore export goal by 2029
Stocks to Watch, Feb 20, 2025: From Religare to Waaree Energies, here are few stocks that will remain on investors' radar today
Reliance Infrastructure (RInfra) is entering into the renewable energy (RE) equipment manufacturing space to increase its business portfolio, industry sources said. The Reliance Group company has already appointed Ivan Saha as Chief Executive Officer (CEO), Renewable Manufacturing, and Mushtaque Hussain as Chief Executive Officer (CEO), Battery Manufacturing, they said. "RInfra is making strategic entry into the renewable energy manufacturing industry," sources said. The company would set up an integrated solar manufacturing unit with the objective to boost the production of solar panels and components in India, promoting self-sufficiency in clean energy. Solar manufacturing will be led by Saha, who comes with over 30 years of experience in semiconductors and solar technology and device design. He has served organisations like Vikram Solar and ReNew Power. Its integrated battery manufacturing unit will focus on developing advanced energy storage solutions for grid applications and
CPL's assets of Rs 5,777.13 crore stand assigned or transferred to R-Infra
KPI Green Energy, Sterling & Wilson Renewable Energy, Jai Corp, PTC Industries and GMR Power & Urban Infra from the BSE A group were locked at the lower circuits in intra-day deals on Monday.