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  • Reliance Power plans to raise Rs 1,000 crore via NCDs Mar 18, 2016 03:38 PM IST

    Reliance Power plans to raise Rs 1,000 crore via NCDs

    "The Board of Directors of the company... have given their in-principle approval to the company for an issue of non- convertible debentures for an aggregate amount not exceeding Rs 1,000 crore to be issued in one or more tranches," Reliance Power said in a filing to BSE today.

  • DIPP grants 12 industrial licences to Reliance Defence Mar 09, 2016 01:00 PM IST

    DIPP grants 12 industrial licences to Reliance Defence

    The licence approval by the Department of Industrial Policy and Promotion (DIPP) for strategic business units (SBUs) of Reliance Defence is aimed at addressing defence programmes in India and overseas.

  • KUMPP procurers ask RPower to withdraw petitions to exit proj Mar 02, 2016 12:42 PM IST

    KUMPP procurers ask RPower to withdraw petitions to exit proj

    Looking to exit the stalled Krishnapatnam UMPP, Reliance Power had earlier written to Andhra Pradesh government suggesting that it could be done on similar lines to that of Tilaiya UMPP, which was acquired by procurers from the firm.

  • AP Transco seeks exit proposal from RPower on KUMPP project Feb 27, 2016 12:36 PM IST

    AP Transco seeks exit proposal from RPower on KUMPP project

    Reliance Power submitted a proposal to the Andhra Pradesh government last month seeking to exit KUMPP as it could not take up the project originally sanctioned way back in 2007.

  • Ringing Bells to launch India's cheapest sub-Rs 500 smartphone Feb 15, 2016 07:12 PM IST

    Ringing Bells to launch India's cheapest sub-Rs 500 smartphone

    The launch is in line with Prime Minister Narendra Modi's vision for "empowering India to the last person, transforming India's growth story", the Noida-based company said.

  • Signed MoU to expand existing 1200 MW capacity: Adani Group Feb 03, 2016 05:09 PM IST

    Signed MoU to expand existing 1200 MW capacity: Adani Group

    From the sidelines of the Karnataka Investment Summit 2016, Gautam Adani, Chairman, Adani Group, told CNBC-TV18: "We have signed the Memorandum of Understanding (MoU) with the state government to expand the existing 1,200 megawatt capacity to additionally 1,600 megawatt capacity in Udipi."

  • Reliance Defence to set up R&D centre for aerospace tech Feb 03, 2016 02:40 PM IST

    Reliance Defence to set up R&D centre for aerospace tech

    Speaking at the 'Invest Karnataka 2016' meet here, Ambani said the proposed centre, to be set up under Reliance Defence, will generate more than 1,500 highly skilled jobs and support government's plan for indigenous design, development and manufacturing of defence equipments.

  • Power Min to seek Cabinet nod for revised UMPP bid documents Jan 27, 2016 06:09 PM IST

    Power Min to seek Cabinet nod for revised UMPP bid documents

    The investment for a UMPP of 4,000 MW has been revised from Rs 20,000 crore to about Rs 27,000 crore recently on the basis of rise in prices of coal and land.

  • Reliance Group eyes e-commerce for commercial finance business Jan 18, 2016 02:12 PM IST

    Reliance Group eyes e-commerce for commercial finance business

    In the first phase, Reliance Commercial Finance (RCF), part of Anil Ambani-led Reliance Group's financial services arm Reliance Capital, will offer supply chain financing to a select set of over 80,000 Snapdeal vendors across the county.

  • RCom, RJIL to sign spectrum sharing/trading deal next week Jan 13, 2016 02:44 PM IST

    RCom, RJIL to sign spectrum sharing/trading deal next week

    Reliance Group Chairman Anil Ambani had announced RCom was tying up trading and sharing of spectrum with Mukesh Ambani- led Reliance Jio including for the much-awaited 4G services.

  • Jaitley to open Karnataka investment meet, Rahul to attend Jan 12, 2016 08:19 AM IST

    Jaitley to open Karnataka investment meet, Rahul to attend

    Among the industry leaders who have confirmed their attendance to the investor meet include Ratan Tata, Anil Ambani, Anand Mahindra, Sajjan Jindal, Narayana Murthy, Kiran Mazumdar-Shaw, Devi Prasad Shetty, Kris Gopalkrishnan, Gautam Adani, Kumar Mangalam Birla, they said after a high-level committee meeting on the event.

  • AP signs 32 MoUs with various companies at partnership summit Jan 11, 2016 08:22 AM IST

    AP signs 32 MoUs with various companies at partnership summit

    One of the examples which Naidu gave was of Anil Ambani led Reliance announcing setting up of a new ship building facility with an initial investment of Rs 5,000 crore in the state. Replying to a query, the Chief Minister said as many as 49 MoUs in the IT sector will be signed today.

  • Reliance Defence to set up shipyard in Andhra Pradesh Jan 11, 2016 07:49 AM IST

    Reliance Defence to set up shipyard in Andhra Pradesh

    Reliance Defence, a unit of billionaire Anil Ambani's Reliance Infrastructure Ltd, plans to build submarines and aircraft carriers as well as to provide services including maintenance and refitting of ships at the facility.

  • Anil Ambani announces Rs 5,000-cr naval facility investment Jan 10, 2016 04:38 PM IST

    Anil Ambani announces Rs 5,000-cr naval facility investment

    Expanding his defence sector play, Reliance Group Chairman, Anil Ambani, today, announced setting up of a new naval shipbuilding facility with an initial investment of Rs 5,000 crore.

  • Reliance Capital acquires 6.82% stake in Saregama India Dec 29, 2015 09:15 AM IST

    Reliance Capital acquires 6.82% stake in Saregama India

    According to bulk deals data available with BSE and NSE, the Anil Ambani-led Reliance Group firm acquired 11,88,000 shares, or 6.82 percent stake, in Saregama India. While, 7,65,000 shares were bought at an average price of Rs 364 on BSE, 4,23,000 shares were bought on NSE.

  • RJio-RCom deal: Ambani empires' 2015 coming together? Dec 22, 2015 09:50 PM IST

    RJio-RCom deal: Ambani empires' 2015 coming together?

    2015 has been a year of mergers and acquisitions for Anil Ambani and his group companies, and the landmark Reliance Jio deal could be the start to the two Ambani empires building bridges.

  • Anil Ambani, Spielberg join hands to form Amblin Partners Dec 17, 2015 01:03 PM IST

    Anil Ambani, Spielberg join hands to form Amblin Partners

    Participant Media led by Jeff Skoll and Entertainment One (eOne), a leading US-based media company, are also part of the joint venture.

  • Rel Infra buys addl 17% stake in Pipavav for Rs 850 crore Dec 16, 2015 07:37 PM IST

    Rel Infra buys addl 17% stake in Pipavav for Rs 850 crore

    The open offer was made by Reliance Infrastructure and its wholly-owned subsidiary, Reliance Defence Systems Pvt Ltd. Now, their holding in Pipavav has increased to nearly 35 percent. The company did not disclose specific details about the open offer, citing regulatory obligations.

  • Reliance Housing Finance targets Rs 50,000 cr AUM by 2020 Dec 15, 2015 04:00 PM IST

    Reliance Housing Finance targets Rs 50,000 cr AUM by 2020

    The company saw its housing finance AUM rise by nearly 70 percent year-on-year to Rs 6,500 crore as on September 30, 2015 and it expects to touch Rs 10,000 crore by the end of the current fiscal. Reliance Housing Finance is a 100 percent subsidiary of Reliance Capital, the financial services arm of Reliance Group.

  • Reliance Group to develop 6000 MW solar park in Rajasthan Nov 20, 2015 09:26 AM IST

    Reliance Group to develop 6000 MW solar park in Rajasthan

    "The Reliance Group has signed an MoU to develop Solar Park and Solar Projects of 6,000 MW capacity, spread over nearly 30,000 acres, over next six years, with a potential to attract investment of about Rs 60,000 crore in Rajasthan," Ambani said at the Resurgent Rajasthan Summit here.

  • Rajasthan investor summit set to kick off tomorrow Nov 18, 2015 05:13 PM IST

    Rajasthan investor summit set to kick off tomorrow

    Chairman of Tata Sons Cyrus Mistry, Vice-Chairman of Bharti Enterprises Rakesh Bharti Mittal, Chairman of Godrej Group Adi Godrej, Chairman of Aditya Birla Group Kumar Mangalam Birla, Chairman of Vedanta Group Anil Agarwal are also slated to attend the event. More than 10 Union ministers are expected to be present at the two-day event.

  • Pipavav Defence jumps over 6% on Reliance Infra open offer Nov 17, 2015 12:41 PM IST

    Pipavav Defence jumps over 6% on Reliance Infra open offer

    The Rs 1,263-crore open offer is scheduled to start on December 2. Reacting to the development, shares of Pipavav Defence and Offshore Engineering opened on a bullish note at Rs 61.21 and jumped 6.01 percent to hit an early high of Rs 63.50 on BSE.

  • Reliance to sell 49% in Mumbai power biz to Canadian fund Nov 16, 2015 04:37 PM IST

    Reliance to sell 49% in Mumbai power biz to Canadian fund

    Reliance Infrastructure, part of billionaire Anil Ambani's Reliance Group, will carve out the power business that it operates in India's financial capital into a separate special purpose vehicle, called Reliance Energy, in which it will retain a 51 percent share.

  • RInfra to sell 5.8MT cement biz, monetise Rs 8,800 cr proj Nov 04, 2015 07:29 PM IST

    RInfra to sell 5.8MT cement biz, monetise Rs 8,800 cr proj

    The Anil Ambani-led firm said its board after conducting strategic review of businesses, approved that defence sector "will be primary driver" for growth and gave nod for "disposal of cement business" for which 7 potential buyers have been short-listed.

  • Reliance Infra Q2 net up 5% at Rs 451 crore Nov 04, 2015 06:13 PM IST

    Reliance Infra Q2 net up 5% at Rs 451 crore

    Its total income during the quarter under review rose to Rs 4,377.86 crore as against Rs 4,057.95 crore in the same period of last financial year, R-Infa said in a filing to BSE

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