Page 3 - Reliance Infrastructure

Reliance Infrastructure targets Rs 3,000 crore defence exports in 2 years

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

Anil Ambani Reliance Group stock nears 52-week high; soars 48% in 3 weeks

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 Infrastructure stock falls 6% after Q4 results; check key numbers

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

IFCI, Reliance Infrastructure soar up to 13% on heavy volumes

Shares of Reliance Infrastructure rallied 10% to ₹ 313 on media reports of Reliance Defence ties up with Rheinmetall to supply ammunition, explosives

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 Defence, Rheinmetall AG to build major ammo unit in Maharashtra

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: Religare Ent, Waaree Energies, Bharat Forge

Stocks to Watch, Feb 20, 2025: From Religare to Waaree Energies, here are few stocks that will remain on investors' radar today

Reliance Infra to enter RE manufacturing space with solar, battery plants

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

Anil Ambani's R-Infra settles dispute with CPL for Rs 6,503 crore

CPL's assets of Rs 5,777.13 crore stand assigned or transferred to R-Infra

Spandana, RInfra, Newgen among 685 stocks to hit lower circuit on the BSE

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.

Reliance Industries buys 74% stake in Navi Mumbai IIA for $192 mn

NMIIA operates an industrial area located in Mumbai, India's financial hub and the capital of the western state of Maharashtra.

Reliance Power, Reliance Infra climb up to 5% after board restructuring

Shares of Reliance Power, and Reliance Infrastructure rose up to 5 per cent in intraday deals on Tuesday after the companies announced a restructuring of their respective board of directors

Dividend, Bonus: Infosys, RIL, 2 other stocks to remain in focus today

Here is the complete list of companies whose shares will turn ex-date tomorrow along with their respective corporate announcements, and other key details

Reliance Infra's shareholders approve fundraise of Rs 6,000 crore

The company's board of directors had approved the fundraise on September 19

Reliance Infra's Rs 6,000 cr fundraising plan gets shareholders' nod

Shareholders of Reliance Infrastructure have approved the company's plan to raise Rs 6,000 crore through preferential issue of shares and qualified institutional placement (QIP) route. Both proposals have received shareholders' approval, with over 98 per cent voting in favour of the resolutions via postal ballot, the company informed in a stock exchange disclosure. Reliance Infrastructure's board, on September 19, had approved a Rs 6,000-crore fundraise plan. Of this, Rs 3,014 crore was to be raised through preferential allotment of shares or convertible warrants, while Rs 3,000 crore will be raised by QIP. In the first phase, Reliance Infrastructure is launching the Rs 3,014 crore preferential placement by issuing 12.56 crore equity shares or convertible warrants at an issue price of Rs 240 per share. Out of this, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through promoter company Risee Infinity Private Ltd. Risee will subscribe to 4.60 crore ...

RInfra board approves proposal to raise Rs 2,930 crore through FCCBs

Approves ESOP scheme for all its employees and those of its subsidiaries

Reliance Infra up 7% as Calcutta HC upholds Rs 780 crore arbitration award

Calcutta High Court has upheld Rs 780 crore arbitration award in favour of Reliance Infrastructure in the West Bengal-based Damodar Valley Corporation dispute

HC upholds arbitral award in favour of R-Infra in judgement on DVC petition

The arbitration award is worth approximately Rs 780 crore, including accrued interest, and bank guarantees of Rs 600 crore will also be released

Reliance Power to raise Rs 1,525 crore through preferential issue

Parent entity Reliance Infrastructure to increase equity in R-Power by Rs 600 crore

Reliance Infrastructure gets Rs 1,100 crore infusion from promoters

Of this issue, Rs 1,104 crore will be invested by the promoters of Reliance Infrastructure through the promoter company Risee Infinity Private Limited. Risee will subscribe to 46 million shares