Reliance Infra shares: Anil Ambani’s Reliance Infra jumps 5% as SC upholds arbitration award | Daily News Byte

[ad_1] MUMBAI: Shares of the company , part of Anil Ambani’s Reliance Group, touched a record high of 5 percent at Rs 74.20 today after the Supreme Court upheld an arbitration award won by the company against the Delhi Metro Rail Corporation. The company won an arbitral award of Rs 4,600 crore including accrued interest….

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Anil Ambani’s Reliance Infra, the company behind Mumbai Metro, to raise ₹550 crore for future growth | Daily News Byte

[ad_1] Shareholders of Reliance Infrastructure Limited (Reliance Infra), through postal voting, has overwhelmingly approved the raising of up to ₹550.56 crore by preferential allotment of up to 8.88 crore equity shares and/or warrants convertible into an equivalent number of shares owned by the promoter company and VFSI Holdings Pte. Limited, a branch of Varde Investment…

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Reliance Infra in talks to sell road assets worth Rs 1,400 crore to Cube Highways | Daily News Byte

[ad_1] Reliance Infrastructure is in talks with Singapore-based Cube Highways to sell four operational road assets at a potential enterprise value of around Rs 1,400 crore, two industry sources told ET. The Anil Ambani-led infrastructure company is seeking investors for its road assets as part of a strategy to divest assets, raise cash and pay…

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Reliance Infrastructure (RInfra) to raise over Rs 550 crore! Preferential issue to promoters, Varde Investment Partners APPROVED – Check key details here | Daily News Byte

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Reliance Infra will raise ₹ 550 crore from the promoter, VFSI Holdings to repay the debt | Daily News Byte

[ad_1] Anil Ambani’s Reliance Infrastructure Ltd (RInfra) said on Sunday that its board has approved the raising of the sum ₹550.56 million by preferential allotment of up to 88.8 million shares and/or warrants convertible into shares of the company to the promoter group and VFSI Holdings Pte. Ltd, an affiliate of Varde Investment Partners LP….

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Reliance Infra’s net loss narrowed to INR 47 crore in the March quarter | Daily News Byte

[ad_1] Reliance Infrastructure Ltd on Friday reported a reduction in consolidated net loss to ₹46.53 million for the quarter ended March 31, 2021. The company reported a consolidated net loss of ₹153.84 million in the year-ago period, the BSE filing said. The company’s consolidated revenue during the January-March quarter increased to ₹4,610.72 million more ₹4,012.87…

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