Reliance Infrastructure, a part of the Anil Dhirubhai Ambani group, is in advanced talks to sell its cement business, the company said. “As part of our ongoing asset monetization program, we are at an advanced stage of discussions with potential buyers for divesting the cement business of the company,” Reliance Infrastructure said. “The proceeds of […]
The Mumbai Metropolitan Region Development Authority has invited e-tenders for designing and constructing an elevated viaduct and 16 stations on the Andheri East to Dahisar East on the Mumbai Western Line. The phase, called the Metro-7 corridor, will be constructed in three separate packages and would enable a person starting from Dahisar in the north […]
Reliance Infrastructure Ltd., one of the flagship companies of the Anil Ambani group, said it expects bring Pipavav Defence & Offshore Engineering Co from the current corporate debt restructuring (CDR) program after taking over the company. Reliance Infra is in the process of acquiring Pipavav Defence & Offshore and is conducting an open offer for […]
Nippon Life Insurance, one of the largest life insurers in the world, has agreed to increase its stake in Reliance Life Insurancem a part of Reliance Capital Ltd from the existing 26 per cent to 49 per cent. The Japanese company will be investing an aggregate value of Rs 2,265 crore (US$ 348 million) to […]
