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Construction & Infrastructure News

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 ...

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

Reliance Infra to de-merge REGSPL for Rs.6,282.50 crore

April 2016

Reliance Infrastructure has announced the de-merger of certain power generation and supply businesses in Mumbai, Goa and Andhra Pradesh into a subsid...

Reliance Infrastructure, Certain power generation, REGSPL, Shareholders, Creditors, Goa power station, Distribution

Birla Corp seals Rs.4,800 Cr cement deal with Reliance Infra

March 2016

Reliance Infrastructure has sold its cement subsidiary to Birla Corp for Rs 4,800 crore at a valuation of $140 a tonne. ...

Reliance Infrastructure, Cement, Birla Corp

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...

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

Reliance Infrastructure Q3 net up 2 per cent at Rs.463 cr

February 2016

Reliance Infrastructure´s consolidated net profit increased by mere 2 per cent to Rs.463 crore for the quarter ended December 31, 2015 against Rs.452...

Reliance Infrastructure, Mumbai Metro, Power Business

Reliance Infrastructure to sell stake

December 2015

Reliance Infrastructure has signed a pact to sell a 49 per cent stake in its Mumbai electricity business to the Public Sector Pension Investment Boar...

Reliance Infrastructure, PSP Investments, Canada, Licence, Transmission, Distribution Asset

Reliance Cement starts online retailing

December 2015

Reliance Cement Company (RCC), a subsidiary of Reliance Infrastructure, forayed in the online space to sell cement in Uttar Pradesh. ...

RCC, Reliance Infrastructure, Uttar Pradesh, E-tailing

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...

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