Jul 01, 2019 11:46 AM IST
The company aims to monetise its real estate in order to generate cash to pay off its debt obligations following the ratings downgrade of its group companies
- Feb 20, 2019 11:14 AM IST
A bench of justices R F Nariman and Vineet Saharan ordered Ambani to pay Rs 453 crore to Ericsson within four weeks
- Dec 26, 2017 04:19 PM IST
The plan involves exiting strategic debt restructuring (SDR) and monetising some of the company's assets, including transfer of spectrum liabilities by March 2018.
- Apr 17, 2017 01:30 PM IST
As part of the agreement between Reliance Infra promoted RDL and LIG Nex1, the two companies will explore opportunities for developing a range of defence products such as air defence and surveillance radar, sensors and missiles.
- Apr 04, 2017 02:25 PM IST
Jethmalani also hit out at Jaitley alleging that the row over the Delhi government's move to clear his bills for fighting the case has been "instigated" by the Union Finance Minister.
- Mar 17, 2017 12:13 PM IST
Speaking to CNBC-TV18, Nidhesh Jain said that the divestment announcement its non-core assets which includes Rs 2,000 crore of equity investments in listed and unlisted equities is also a major positive.
- Mar 16, 2017 12:28 PM IST
The proposed health insurer, Reliance Health Insurance, will be a wholly owned subsidiary of Reliance Capital. Retail health insurance is a profitable segment for the non-life industry.
- Dec 15, 2016 10:34 AM IST
Speaking to CNBC-TV18, market expert Anand Tandon said, even as the market is below the 8,000 mark, it is still not a screaming buy as the valuations are high.
- Nov 12, 2016 03:27 PM IST
In the latest edition of Wizards of Dalal Street, on CNBC-TV18, Amit Goela, Partner at Rare Enterprises, talks about his experience working at the financial companies, working with Rakesh Jhunjhunwala and working with Reliance.
- Oct 14, 2016 12:37 PM IST
It would also get "49 percent future economic upside" from the tower business, based on certain conditions, the company, controlled by billionaire Anil Ambani, said in a statement. It did not divulge much details.
- Oct 05, 2016 02:38 PM IST
Reliance Infra owns two electricity transmission lines spanning Maharashtra, Gujarat, Madhya Pradesh and Karnataka and has a 74 percent stake in another in Himachal Pradesh and Punjab.
- Oct 03, 2016 01:04 PM IST
In a major deal for India's private defence industry, Anil Ambani-led Reliance Group and Rafale maker Dassault Aviation today announced a joint venture (JV) that will be a "key player" in execution of offset contract worth about Rs 22,000 crore as part of the fighter jet deal.
- Sep 27, 2016 04:58 PM IST
Grappling with mountain of debt, Reliance Communications today said it is planning to pare the Rs 42,650-crore burden by up to 75 per cent over the next one year.
- Sep 27, 2016 12:30 PM IST
Besides, it will develop a new vertical for consumer lending business for better growth and profitability and will re-launch its commodity exchange with focus on diamond and crude oil futures. Diamond futures will be the flagship product with potential daily turnover of over Rs 6,000 crore.
- Sep 14, 2016 08:14 AM IST
The financial services arm of Anil Ambani-led Reliance Group would retain 51 percent stake in the separately listed venture while 49 percent equity in Reliance Home Finance will be alloted "free of cost" to nearly 1 million shareholders of Reliance Capital".
- Jul 29, 2016 03:14 PM IST
Reliance Infra has made clarification to the exchanges that it cannot disclose the names of the bidders involved but is in advanced stages to sell off its road assets.
- Jul 20, 2016 11:54 AM IST
CNBC-TV18 learns that the two companies, in a 50-50 deal, will together infuse Rs 5,000 crore of equity funding in the merged entity.
- Jun 14, 2016 06:56 PM IST
In a letter to Ambani, Delhi Power Minister Satyender Jain asked him to come down to the city next week for a meeting, alleging that the discoms that supply power to nearly 70 per cent of the city have started "fudging" data to show improvement following stern warnings from the government.
- Mar 29, 2016 01:48 PM IST
Anil Ambani, who heads the Reliance Group, also sought more clarity in the government's plan to enter into strategic partnership saying policies have to be in line with global best practices.
- Feb 03, 2016 05:09 PM IST
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."
- Dec 22, 2015 09:50 PM IST
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.
- Nov 18, 2015 05:13 PM IST
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.
- Oct 08, 2015 10:20 AM IST
The two companies are going to meet early next month to finalise the merger.
Reliance Communication‘s board, and the MTS management will be overhauled post their merger.
- Sep 17, 2015 08:28 PM IST
To discuss whether there is there a deep disconnect between Kolkata and its youth CNBC-TV18's Ronojoy Banerjee is joined by an excellent panel of entrepreneurs at the Au Bon Pain Cafe at Park Street.
- Sep 16, 2015 01:26 PM IST
"Private investment comes when you have infrastructure development," Mitra says in an interview to CNBC-TV18, adding that capital expenditure has risen more than six-fold to Rs 13,325 crore since the time Trinamool Congress came to power in 2011