Reliance Infra in advanced talks to sell cement unit for $394 million
Reliance Infrastructure`s cement unit has three plants with total installed capacity of 5.8 million tonne per annum (MTPA).
Dec 24, 2015, 09:43 AM IST
RInfra to move aggressively on defence; quit roads, cement biz
Reliance Infrastructure (RInfra) Wednesday reported a tepid 4.62 percent rise in net profit for July-September quarter at Rs 451.1 crore, and said it will focus on the defence sector, while exiting the cement and road businesses by monetising these assets.
Nov 04, 2015, 22:33 PM IST
RInfra to sell 5.8MT cement business, monetise 8,800 cr projects
In a strategic move to unlock value, Reliance Infrastructure (RInfra) Wednesday said it will sell its 5.8 MTPA cement business and monetise 11 road projects worth Rs 8,800 crore, making the defence sector as primary driver of the company's growth.
Nov 04, 2015, 21:04 PM IST
Reliance Infra allowed to hike Mumbai Metro fares
The Bombay High Court Thursday dismissed a plea by the Maharashtra government challenging revised fares proposed by Reliance Infra for the Mumbai Metro One Pvt. Ltd. (MMOPL).
Jan 08, 2015, 16:00 PM IST
Mumbai Metro Rail services to commence Sunday
Maharashtra`s first Metro Rail is scheduled to be inaugurated here Sunday, with its developer, Reliance Infra (RInfra) announcing a one-way promotional fare of Rs.10 for a month.
Jun 07, 2014, 18:24 PM IST
