Reliance Infra share price: The stock has surged over 1,000% in the past five years.
Dassault Aviation to manufacture Falcon 2000 business jets outside France for the first time for Indian and global markets
'The aim of the board restructuring exercise is to ensure it is led by a dynamic and young team, in alignment with the Reliance Group’s Vision 2030 Growth Strategy,' the companies said
The company has been allotted 1,000 acres of land in the Watad Industrial Area of Ratnagiri to develop the Dhirubhai Ambani Defence City (DADC).
In the first phase, Reliance Infrastructure is launching the Rs 3,014 crore preferential placement by issuing 12.56 crore equity shares or convertible warrants at an issue price of Rs 240 per share.
Reliance Infrastructure aims to raise Rs 6,014 crore to support its expansion plans. Initially, it will secure Rs 3,014 crore through a preferential issue, followed by an additional Rs 3,000 crore through a QIP.
The Supreme Court on April 10 reversed an earlier ruling that upheld an arbitration award of around Rs 8,000 crore to a Reliance Infra's subsidiary from DMRC
A stay was granted on execution as DMRC has moved a curative petition asking the apex court to reconsider its 2021 order upholding the arbitral award in Reliance infra's favour
The High Court directed NHAI to deposit Rs. 1204 crore, which is the amount of arbitral award along with the interest.