Page 9 - Reliance Infrastructure

YES Bank acquires 24.19% stake in Dish TV through pledged shares

The bank's move to pick up a stake in Dish TV comes following an invocation of pledged shares to the tune of 445.3 mn in the firm, the lender said in a filing to the stock exchanges late on Friday.

NTPC joins fray to buy RInfra's Delhi electricity distribution business

In a letter to the Delhi Electricity Regulatory Commission (DERC), NTPC said it was keen to buy 51 per cent stake in BSES Rajdhani Power and BSES Yamuna Power

Tata group, Adani, CESC may join the race to buy BSES companies

Clouding the valuation will be dues to generation firms and a possible CAG audit

Adani, GMR among firms keen on revamping Nellore, Tirupati railway stations

Both stations will be redeveloped in PPP mode and based on the design, build, finance, operate transfer (DBFOT) model

RInfra's regulatory assets could impact sale of Delhi power business

There has been no tariff hike in the last four years and experts believe that the status quo is likely to prevail in the near future

Covid-19 outbreak: Metro operators lose Rs 700 crore amid lockdown

DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr

Top biz headlines: RBI's relief for MFs, Axis Bank results and more

Here are the top 10 headlines on Tuesday

Will not face insolvency proceedings, says Anil Ambani's Reliance Infra

The executive mentioned earlier said with the payment of Rs 1,700 crore to lenders, RInfra would not need to go through an insolvency process

Reliance Infra's total financial indebtedness at Rs 6,073 cr at Dec-end

The filing showed that the total amount outstanding was Rs 4,597.06 crore

Reliance Infra wins arbitration award of Rs 1,250 crore against DVC

A three-member arbitration tribunal unanimously gave the award in favour of Reliance Infrastructure on December 21

Reliance Infra PBT shrinks 64% to Rs 322.28 crore in September quarter

Consolidated operating income for the September quarter rose 8% to Rs 5,622 crore from Rs 5,202 crore a year ago

RInfra to cut its Rs 6,000 cr debt, follow capital-light model: Anil Ambani

Ambani further said the four business verticals including roads, metro, energy and airport are fully funded

Reliance Infrastructure pledges 1.5 crore more shares in RPower

The filing showed that the fresh pledge was done on September 9 in favour of lDBI Trusteeship Services Services Limited Lender/Debenture holder Deutsche Bank

Merger schemes help RInfra, RPower over-ride accounting standards

BSR & Co and Pathak HD & Associates were the auditors to both RInfra and RPower, until 9th August, when BSR resigned as auditor for both the companies

Trouble for Anil Ambani: BSR resigns as RPower, RInfra's statutory auditor

Cites concerns raised in FY19 audit reports as reason

NSE removes Anil Ambani group firms RInfra, RCap from F&O segment

After the expiry of existing contracts in September, no further derivative contracts will be issued for these two securities

After RInfra, lenders to Reliance Power sign debt-resolution pact

The announcement comes a day after Reliance Infrastructure (RInfra) made a similar announcement

RInfra claims 100% lenders have signed agreement for resolving debt

With the signing of the inter-creditor agreement, it has got a standstill period for 180 days

Reliance Capital, Reliance Infra dip for sixth straight day, fall up to 7%

The dip started after rating agency CARE Ratings (CARE) reaffirmed its rating at 'BBB' and revised rating outlook to 'credit watch with negative implications'

RInfra's plan to lease out headquarters property may face legal hurdle

Past efforts by the firm to strike a deal for the property have not yielded results