French firm to buy 2% stake for Rs 175 crore, increasing its stake in Dassault Reliance Aerospace to 51%.
JR Toll Road repays full ₹273 crore, including interest, to Yes Bank under new settlement agreement, closing R-Infra's obligations as corporate guarantor
Capital markets regulator Sebi on Wednesday imposed penalties on seven entities including Reliance Infrastructure, Reliance Power and Incredible Realcon for non-submission of no default Statement (NDS) to credit rating agencies. The regulator levied a fine of Rs 1 crore each on Reliance Infrastructure, Reliance Power and Incredible Realcon, Rs 20 lakh on Paranjape Schemes (Construction) Ltd, Rs 14 lakh on PVP Ventures, Rs 5 lakh on Hindustan Cleanenergy and Rs 1 lakh on Ginni Filaments. These firms have been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its 90-page order. The matter pertains to the requirement of listed entities who have issued debt securities or other entities who have chosen to list their debt securities, to file No Default Statement (NDS) to the Credit Rating Agencies (CRAs). Sebi's rule mandates the companies or issuers to submit the NDS information to CRAs on a monthly basis. "The non-filing of NDS may have
The stock price of R-Infra had hit a multi-year high of Rs 308 on April 4, 2024
Attorney General R Venkatramani, appearing for DMRC, suggested asking GNCTD and MoHUA how they would proceed in the matter
Transporter asks Centre, Delhi govt to infuse equity of Rs 3,500 crore each
In the last hearing on October 10, DMRC told the High Court that if Delhi Metro were to raise loans to pay the arbitration award to DAMEPL, it would fall into a 'debt trap'
Reacts to RInfra statement of last week, which said it has filed a claim of Rs 13,400 crore; Adani says it has filed counterclaims
In a separate filing to the stock exchange, Reliance Infrastructure said that Anil Ambani has stepped down from its board "in compliance of SEBI interim order"
As part of the comeback plan, Reliance Infrastructure received Rs 550 crore fund infusion from the Anil Ambani family
Supreme Court on Thursday upheld the 2017 arbitration award in favour of Reliance Infrastructure subsidiary, Delhi Airport Metro Express Pvt Ltd
Hybrid power is a bundled mix of solar and wind power, wherein one component is at least 33% of the contracted capacity
The proceeds will be utilised for debt reduction, and the company''s dues will come down by 6 per cent to Rs 13,100 crore from Rs 14,000 crore
Sale helps RInfra reduce its total debt liabilities by 20%
The company said it has assets of over Rs 66,800 crore and net worth of Rs 9,500 crore
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
Ambani further said the four business verticals including roads, metro, energy and airport are fully funded
The announcement comes a day after Reliance Infrastructure (RInfra) made a similar announcement
The move follows multiple developments in the company and the group in the past one month
Past efforts by the firm to strike a deal for the property have not yielded results