Reliance Infrastructure

Timelines
Once 6th richest man, Anil Ambani isn't a billionaire now

19 Jun 2019

Once 6th richest man, Anil Ambani isn't a billionaire now

Anil Ambani, the chairman of Reliance Communications, may have fallen out of the billionaire club.

Soon, Mumbai Metro commuters can recharge smart cards via PayPal

11 Oct 2018

Soon, Mumbai Metro commuters can recharge smart cards via PayPal

Reliance Infrastructure's Mumbai Metro has partnered with PayPal, one of the biggest platforms in the world for global online payments.

Finally! Work on Versova-Bandra Sea Link to start next month

05 Sep 2018

Finally! Work on Versova-Bandra Sea Link to start next month

Work on the much-awaited Versova-Bandra Sea Link (VBSL) will kick start next month, as Maharashtra State Road Development Corporation (MSRDC) signed a deal with consortium of Reliance Infrastructure and Italy-based Astaldi yesterday.

Reliance Group sues Congress-owned National Herald for Rs. 5,000cr

26 Aug 2018

Reliance Group sues Congress-owned National Herald for Rs. 5,000cr

In yet another development in the Rafale deal case, Anil Ambani-owned Reliance Group has filed a Rs. 5,000cr defamation case against the Congress-owned National Herald newspaper, claiming that an article published by the paper was "libellous and derogatory".

Rafale deal: Ambani asks Congress leaders to stop derogatory comments

23 Aug 2018

Rafale deal: Ambani asks Congress leaders to stop derogatory comments

Facing allegations of getting undue benefits from the multi-billion dollar Rafale deal, Anil Ambani-led Reliance Group has sent legal notices to several Congress leaders asking them to "cease and desist" from leveling such charges.

Reliance Infra's power-business sold to Adani Transmission for Rs. 18,800cr

22 Dec 2017

Reliance Infra's power-business sold to Adani Transmission for Rs. 18,800cr

In a bid to become debt-free, Anil Ambani-owned Reliance Infrastructure has reportedly entered into a Definitive Binding Agreement with Adani Transmission to sell its Mumbai power business for Rs. 18,800cr.

Where do Ambani brothers stand 11 years after split?

25 Nov 2017

Where do Ambani brothers stand 11 years after split?

Mukesh Ambani's Reliance Industries recently raised $800-million (Rs. 51.66-billion) -to reduce its massive debt of Rs. 2.14-trillion to some extent- through the sale of 10-year bonds overseas at the cheapest rate for a non-financial Indian issuer.

Reliance Industries, first Indian company to hit Rs. 6-trillion market-valuation

28 Oct 2017

Reliance Industries, first Indian company to hit Rs. 6-trillion market-valuation

Mukesh Ambani-led Reliance Industries Limited has reached yet another milestone by becoming the first Indian company ever to cross a market capitalization of Rs. 6-trillion.

Mumbai: MSRDC receives 33 bids for Mumbai-Nagpur Samruddhi Expressway

20 Oct 2017

Mumbai: MSRDC receives 33 bids for Mumbai-Nagpur Samruddhi Expressway

Seeking security clearance of the companies that bid for the construction of the Mumbai-Nagpur Samruddhi Expressway, Maharashtra State Road Development Corporation (MSRDC) submitted a list of 33 bidders to the Union Home Ministry.

R-Infra will participate in bullet train project, says Anil Ambani

28 Sep 2017

R-Infra will participate in bullet train project, says Anil Ambani

At Reliance Infrastructure's 88th AGM, Reliance Group chairman Anil Ambani said that R-Infra's arm Reliance Naval and Engineering will soon come out with a rights issue.

Shivaji Memorial in Arabian Sea: IIT-Bombay to study lowest project-bid

21 Sep 2017

Shivaji Memorial in Arabian Sea: IIT-Bombay to study lowest project-bid

Maharashtra Government approached the Indian Institute of Technology-Bombay for a third-party audit of the lowest bid of Rs. 3,826cr from L&T for Phase-I of Shivaji Memorial project in the Arabian Sea.

Reliance Infra wins Rs. 2950 crore in arbitration against DMRC

12 May 2017

Reliance Infra wins Rs. 2950 crore in arbitration against DMRC

The Delhi Airport Metro Express Private Limited, an arm of Reliance Infrastructure has been awarded Rs. 2950 crore in an arbitration settlement against DMRC.

Bombay judge uses WhatsApp and Truecaller to issue summons

02 May 2017

Bombay judge uses WhatsApp and Truecaller to issue summons

Justice Gautam Patel of the Bombay High Court, recognized for his witty orders, issued summons to a defendant via WhatsApp.

Reliance, US Navy sign warship repair contract

15 Feb 2017

Reliance, US Navy sign warship repair contract

Sources said Reliance Defence and Engineering Ltd signed an agreement with the US Navy for undertaking service, maintenance and repair of the Seventh Fleet of the US Navy at the Reliance Shipyard in Gujarat.

Reliance Infra's profits surge this quarter

14 Nov 2016

Reliance Infra's profits surge this quarter

Anil Ambani-led Reliance Infrastructure posted a 34% surge in profits for their second quarter in the financial year 2016-2017.

Reliance Defence gets clearance for projects

18 Sep 2016

Reliance Defence gets clearance for projects

Reliance Defence and Engineering Limited (RDEL) has been cleared by the Defence Ministry for defence projects after it qualified a financial and technical assessment.