Rel Infra looks to divest toll road assets by Sept

June 2016

The Anil Ambani-led Reliance Infrastructure Ltd. is contemplating selling its 11 toll road assets to an overseas buyer for $1.5 billion. The company ...

Tags: Anil Ambani, Reliance Infrastructure Ltd, Birla Corp, Public Sector Pension Investment Board, Canadian fund

Rel Power gets in-principle nod for LNG-based plant

May 2016

The Anil Ambani-led Reliance Power has won an in-principle approval of the Bangladesh government for the first phase of a 3,000 MW LNG-based power pl...

Tags: Anil Ambani, Reliance Power, FSRU Terminal, Bangladesh Power Development Board, LNG Terminal BPDB, Power Project, RLNG

Birla Corp front runner to buy Anil Ambani´s cement business in Rs.5,000 cr deal

February 2016

Birla Corp has emerged as the front runner to acquire Anil Ambani´s cement business, a wholly-owned arm of flagship Reliance Infrastructure...

Tags: Birla Corp, Anil Ambani, Cement, Reliance Infrastructure, Reliance Group

Reliance Group to develop solar park in Rajasthan

December 2015

Billionaire Anil Ambani-led Reliance Group will develop a 6,000 megawatt Solar Power Park in Rajasthan, a plan that has potential to attract an inves...

Tags: Anil Ambani, Reliance Group, Solar Power Park, Solar Projects, Solar Power Generation, Telecom, Roads, Financial Services, Rajasthan Renewable Energy Corporation

Reliance Power exits Tilaiya project

December 2015

Anil Ambani Group´s Reliance Power has managed a clean and quick exit from the 4,000 MW Tilaiya mega power project in Jharkhand. A little over six mo...

Tags: Anil Ambani Group, Reliance Power, Tilaiya mega power project

Reliance Infrastructure to exit cement business

November 2015

Reliance Infrastructure, a part of Anil Ambani-led Reliance Group has decided to exit the cement business by selling the privately held Reliance Ceme...

Tags: Reliance Infrastructure, Anil Ambani, Reliance Group, Reliance Cements, Morgan Stanley, SBI Caps, Pipavav Defence, Cement, Offshore Engineering

RCom aims to pare its Rs 35,500 crore debt burden in two years

October 2014

Anil Dhirubhai Ambani Group (ADAG) chairman Anil Ambani while addressing the AGM has said that Reliance Communications (RCom) aims to pare its debt b...

Tags: Debt Burden, 4G Services, AGM, Anil Ambani

R-Infra to sell road projects to cut its debt

October 2013

To cut down its debt burdern of about Rs 21,976 .18 crore, Reliance Infrastructure (R-Infra) is mulling to sell either all or most of its 11 road pro...

Tags: debt, Reliance Infrastructure, road projects, R-Infra, Anil Ambani, Reliance Group