RInfra Q4 profit down 26% to Rs 459 crore

Last Updated: Wednesday, May 27, 2015, 19:32

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.

Ratings agencies assign stable outlook on RCom's $300 mn debt

Last Updated: Wednesday, May 6, 2015, 22:00

Ratings agencies Moody's and Fitch have assigned stable outlook on USD 300 million debt facility of telecom firm Reliance Communications.

RCom mulls monetising tower and fiber assets this fiscal

Last Updated: Wednesday, May 6, 2015, 17:11

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.

Reliance Communications says looking to monetise tower assets

Last Updated: Wednesday, May 6, 2015, 15:01

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.

Reliance Power urged to reconsider Tilaya decision

Last Updated: Tuesday, May 5, 2015, 21:13

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.

Panel says RPL "ineligible" for 3 UMPPs, calls for probe

Last Updated: Wednesday, April 29, 2015, 23:05

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.

Reliance Power terminates 3,960 MW Tilaiya UMPP

Last Updated: Tuesday, April 28, 2015, 11:24

Reliance Power has terminated the contract for Rs 36,000 crore Tilaiya ultra mega power project in Jharkhand over inordinate delays in land acquisition.

RCom raises $300 mn in overseas debt at 6.5%

Last Updated: Monday, April 27, 2015, 22:02

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.

Reliance MF ropes in Samsung AMC for strategic alliance

Last Updated: Friday, April 24, 2015, 11:38

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.

Anil Ambani gives up LPG subsidy, urges 1L employees to follow

Last Updated: Wednesday, April 22, 2015, 13:01

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.

Reliance Media-Carnival deal gets CCI clearance

Last Updated: Tuesday, March 31, 2015, 21:22

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.

R-Cap to begin talks with foreign partners for insurance biz

Last Updated: Thursday, March 12, 2015, 21:05

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.