Reliance Capital Q4 net profit rises 53% to Rs 407 crore
Reliance Capital, the financial services arm of Anil Ambani-led Reliance Group, said that its net profit for the full fiscal ended March 31 rose by 34 percent to Rs 1,001 crore.
May 29, 2015, 16:02 PM IST
RInfra Q4 profit down 26% to Rs 459 crore
The company, led by Anil Ambani, had clocked a net profit of Rs 621.42 crore in the January-March quarter of the last fiscal.
May 27, 2015, 19:32 PM IST
Ratings agencies assign stable outlook on RCom's $300 mn debt
Ratings agencies Moody's and Fitch have assigned stable outlook on USD 300 million debt facility of telecom firm Reliance Communications.
May 06, 2015, 22:00 PM IST
RCom mulls monetising tower and fiber assets this fiscal
Debt-laden telecom major Reliance Communications is looking at monetising its tower and fiber assets this fiscal to reduce debt and has appointed investment bankers for the purpose.
May 06, 2015, 17:11 PM IST
Reliance Communications says looking to monetise tower assets
The country`s number four telecom operator, which had a net debt burden of close to $6 billion at the end of 2014, has been looking to divest assets to reduce debt levels and focus on its core business.
May 06, 2015, 15:01 PM IST
Reliance Power urged to reconsider Tilaya decision
Jharkhand government has requested Reliance Power to reconsider its decision of terminating the power purchase agreement for the proposed 3,960 MW Tilaya Ultra-Mega Power Project in the state.
May 05, 2015, 21:13 PM IST
Panel says RPL "ineligible" for 3 UMPPs, calls for probe
Calling for a probe into award of three ultra mega power projects to Reliance Power, a Parliamentary panel Wednesday said the Power Ministry selected an "ineligible bidder" for Tilaiya, Sasan and Krishnapatnam projects.
Apr 29, 2015, 23:05 PM IST
Reliance Power terminates 3,960 MW Tilaiya UMPP
Reliance Power has terminated the contract for Rs 36,000 crore Tilaiya ultra mega power project in Jharkhand over inordinate delays in land acquisition.
Apr 28, 2015, 11:24 AM IST
RCom raises $300 mn in overseas debt at 6.5%
Country's fourth largest telcom operator Reliance Communications (RCom) has mopped up USD 300 million from global investors by selling 5.5-year dollar debt at 6.5 percent.
Apr 27, 2015, 22:02 PM IST
Reliance MF ropes in Samsung AMC for strategic alliance
Top fund house Reliance Capital Asset Management Company on Friday roped in the largest Korean asset management firm Samsung AMC for a strategic alliance, which will allow the two companies to manage, market and distribute each other's investment products in India and South Korea.
Apr 24, 2015, 11:38 AM IST
Anil Ambani gives up LPG subsidy, urges 1L employees to follow
Heeding to Prime Minister Narendra Modi's call, industrialist Anil Ambani has given up cooking gas subsidies and has urged his group's about one lakh employees to follow suit.
Apr 22, 2015, 13:01 PM IST
Reliance Media-Carnival deal gets CCI clearance
Reliance MediaWorks, part of Anil Ambani-led group, has got the green signal from fair trade regulator CCI to sell its multiplex business to South-India based Carnival Films.
Mar 31, 2015, 21:22 PM IST
R-Cap to begin talks with foreign partners for insurance biz
Expecting the passage of Insurance Bill to bring in USD 8-10 billion of foreign capital into the industry, Reliance Capital Thursday said it would soon begin talks with foreign partners for its insurance ventures.
Mar 12, 2015, 21:05 PM IST
Reliance Cap shares surge over 11%; m-cap climbs Rs 1,186 cr
Shares of Reliance Capital soared over 11 percent, adding Rs 1,185.78 crore to its market valuation, after the company announced completing sale of 2.77 percent stake for Rs 371 crore to Japan's Sumitomo Mitsui Trust Bank.
Mar 12, 2015, 19:47 PM IST
Pipavav deal: Reliance Infra makes Rs 1,263-cr open offer
Taking forward its proposed takeover of Pipavav Defence, Reliance Infrastructure Tuesday made an open offer for acquisition of further 26 percent stake from public shareholders for Rs 1,263 crore.
Mar 10, 2015, 20:05 PM IST
Pipavav to become top defence manufacturer: Anil Ambani
Within days of acquiring controlling stake in Pipavav Defence and Offshore Engineering, Reliance Group chief Anil Ambani Sunday said he will make it the country's biggest defence manufacturer.
Mar 08, 2015, 19:09 PM IST
Anil Ambani's Reliance Entertainment to partner Phantom Films
The two will form a 50:50 joint venture to create a powerful new force in Indian cinema, Reliance Entertainment said in a statement issued here.
Mar 08, 2015, 14:36 PM IST
Reliance Infra acquires Pipavav Defence for up to Rs 2,082 cr
In the biggest deal in the defence sector, billionaire Anil Ambani-led Reliance Infrastructure Wednesday announced acquisition of controlling stake in Pipavav Defence and Offshore Engineering for up to Rs 2,082.3 crore.
Mar 04, 2015, 19:52 PM IST
Nippon Life hikes stake in Reliance MF to 35 percent
Japanese financial services giant Nippon Life has completed its acquisition of 9 percent additional stake in Reliance Capital Asset Management (RCAM) for Rs 657 crore, taking its total equity to 35 percent.
Feb 27, 2015, 12:34 PM IST
Reliance, Essar stocks take a beating amid 'espionage' scandal
Stocks of Anil Ambani-led Reliance Group companies, Essar Oil and Mukesh Ambani-led Reliance Industries Ltd witnessed huge selling pressure Monday as investors booked profit amid concerns relating to the "corporate espionage" scandal.
Feb 23, 2015, 19:39 PM IST
