Back to homepage

Tag "anil ambani"

Reliance Infrastructure promoters plan to raise shareholding

Reliance Infrastructure promoters plan to raise shareholding

🕔07:40, 24.Jun 2020

Mumbai, June 24  Reliance Infrastructure Chairman Anil Ambani said on Tuesday that promoters of RInfra are planning to raise their shareholding in the company. Promoter shareholding in the company as of March 31, 2020 stood at 14.70 per cent, of

Read Full Article
Reliance Power promoters plan to raise shareholding over time

Reliance Power promoters plan to raise shareholding over time

🕔18:04, 23.Jun 2020

Mumbai, June 23  Reliance Power Chairman Anil Ambani on Tuesday said that promoters of the company plan to raise their shareholding in the company over time in line with the regulatory guidelines. Promoters of the company as of March 31,

Read Full Article
Good response to OFS of stake in RNAM: Reliance Capital

Good response to OFS of stake in RNAM: Reliance Capital

🕔13:41, 28.May 2019

Mumbai, May 28 The Anil Ambani-led Reliance Capital on Tuesday said that the Offer for Sale (OFS) of its stake in Reliance Nippon Life Asset Management Ltd. (RNAM) had received an excellent response from investors. In a statement issued here,

Read Full Article
Reliance Capital pays back Rs 650 cr NCDs on due date

Reliance Capital pays back Rs 650 cr NCDs on due date

🕔06:38, 18.May 2019

Mumbai, May 18  The Anil Ambani-led Reliance Capital Ltd on Friday said it has repaid Rs 650 crore worth of non-convertible debentures (NCDs). In a brief statement issued here, Reliance Capital said: “Reliance Capital repays Rs 650 crore of NCDs

Read Full Article
Reliance Capital to cut debt by Rs 10K-12K crore soon

Reliance Capital to cut debt by Rs 10K-12K crore soon

🕔15:25, 7.Mar 2019

Mumbai, March 7 The Anil Ambani-led Reliance Capital Ltd on Thursday said it will reduce its debt by approximately Rs 10,000 to 12,000 crore in the next three-four months by monetising its stakes in group companies and non-core investments. In

Read Full Article
‘New’ RCOM to be India’s largest B2B business: Anil Ambani

‘New’ RCOM to be India’s largest B2B business: Anil Ambani

🕔20:25, 4.Jan 2018

New Delhi, Jan 4  The “new” Reliance Communications (RCOM) will be “capex light” and emerge as India’s largest B2B (business-to-business) entity that is “focussed on the global and enterprise business”, according to Reliance Group Chairman Anil Ambani. It will also

Read Full Article
Anil Ambani, UAE PM discuss trade, investment

Anil Ambani, UAE PM discuss trade, investment

🕔16:18, 21.Feb 2017

Abu Dhabi, Feb 21  Trade and investment issues figured prominently at a meeting here between Anil Ambani, chairman of India’s diversified Reliance Group, and the UAE Prime Minister and ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum. They also

Read Full Article
Reliance Power bags $1.3 bn project in Bangladesh

Reliance Power bags $1.3 bn project in Bangladesh

🕔15:32, 4.May 2016

Mumbai, May 4  Anil Ambani-led Reliance Power has bagged a 750 MW natural gas-based project in Bangladesh, with a potential investment of around $1.3 billion, touted as the largest for the South Asian country.“Under the approval, the first phase of

Read Full Article
Reliance Defence signs military aircraft, vehicles pacts with Ukraine

Reliance Defence signs military aircraft, vehicles pacts with Ukraine

🕔13:54, 29.Apr 2016

Mumbai, April 29  Reliance Defence, a part of the Anil Ambani-led Reliance Group, has inked a pact with Ukrain’s state-owned Ukroboronprom to collaborate for assembling and maintaining the Antonov series of military and commercial transport aircraft — a Rs.50,000 crore

Read Full Article
Reliance Life gets nod for $350 mn more equity from Nippon Life

Reliance Life gets nod for $350 mn more equity from Nippon Life

🕔14:34, 21.Mar 2016

Mumbai, March 21  The Foreign Investment Promotion Board has granted approval to Japan’s Nippon Life Insurance to increase its stake in Anil Ambani-led Reliance Life Insurance (RLI) to 49 percent, which will peg the valuation of the Indian company at

Read Full Article
Reliance Defence, Thales sign deal for sonars, counter-mining

Reliance Defence, Thales sign deal for sonars, counter-mining

🕔12:23, 15.Mar 2016

New Delhi, March 15  Anil Ambani-led Reliance Defence has signed an exclusive accord with the global aerospace, defence and transportation major Thales for making in India sonars for surface ships and submarines, as also mine warfare and mine counter-measure equipment,

Read Full Article
Reliance Power profits up 38 percent

Reliance Power profits up 38 percent

🕔16:03, 19.Jan 2016

Mumbai, Jan 19 Beating market expectations, industrialist Anil Ambani-led Reliance Power on Monday announced a 38 percent jump in net profits for the quarter ended December 31, 2015, over the like period of the previous financial year.The net profit of one

Read Full Article
Reliance Group’s pact for Rs.5,000 crore naval unit in Vizag

Reliance Group’s pact for Rs.5,000 crore naval unit in Vizag

🕔10:48, 11.Jan 2016

Visakhapatnam, Jan 11  Industrialist Anil Ambani-led Reliance Group signed a pact with the Andhra Pradesh government here on Sunday to set up a naval shipbuilding facility in this strategic port city with an initial investment of Rs.5,000 crore.The pact was

Read Full Article
Reliance Communications in Rs.22,000-crore towers deal

Reliance Communications in Rs.22,000-crore towers deal

🕔11:22, 5.Dec 2015

New Delhi, Dec 5  Industrialist Anil Ambani-led Reliance Communications on Friday announced the signing of a non-binding pact with the US-based Tillman Global Holdings and TPG Asia to sell its nationwide tower assets and related infrastructure for an undisclosed amount.According

Read Full Article
Reliance Power consolidated net up by 37 percent

Reliance Power consolidated net up by 37 percent

🕔15:26, 3.Nov 2015

Mumbai, Nov 3  The Anil Ambani-led Reliance Power Ltd on Tuesday said it closed the second quarter of the current fiscal with 37 percent growth in net profit on a consolidated basis.In a statement here, Reliance Power said it posted

Read Full Article
Russia-Reliance Group pact for 197 defence choppers

Russia-Reliance Group pact for 197 defence choppers

🕔11:37, 28.Aug 2015

New Delhi, Aug 28  A defence arm of the Anil Ambani-led Reliance Group has been picked for another project by the Russian government — this time for a Rs.6,000-crore ($925 million) potential deal to make 197 helicopters for the Indian

Read Full Article
Anil Ambani announces Rs.5,000 crore new defence investment

Anil Ambani announces Rs.5,000 crore new defence investment

🕔15:43, 16.Jul 2015

New Delhi, July 16  With the recent acquisition of Pipavav Defence, Reliance Group chairman Anil Ambani announced on Thursday that an additional investment of Rs.5,000 crore will be made as part of India’s emphasis on “Make in India” for military

Read Full Article
Reliance Group, Samsung asset management firms in strategic pact

Reliance Group, Samsung asset management firms in strategic pact

🕔11:42, 24.Apr 2015

Mumbai, April 24  Anil Ambani-led Reliance Group on Friday said it has signed a pact for a strategic alliance with Samsung, which runs Korea’s largest asset management company with a corpus of $165.8 billion, to leverage the strengths in their

Read Full Article
Anil Ambani seeks infrastructure status for aerospace industry

Anil Ambani seeks infrastructure status for aerospace industry

🕔09:11, 19.Feb 2015

Bengaluru, Feb 19  Reliance Group chairman Anil Ambani sought infrastructure status for the aerospace industry for realising the government’s Make in India initiative, adding that the group was readying to foray into the defence lanscape. “We need to accord infrastructure

Read Full Article
Reliance Communications Q3 net up 31 percent

Reliance Communications Q3 net up 31 percent

🕔11:08, 14.Feb 2015

New Delhi, Feb 14  Reliance Communications (RCom), a part of the Anil Ambani-led group, posted consolidated net profit of Rs.201 crore for the third quarter of 2014-15, up 31 percent from the second quarter of this fiscal, a company statement

Read Full Article