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Reliance Infrastructure Limited (RELINFRA.NS)

272.05

+0.40

+(0.15%)

At close: 3:30:02 PM GMT+5:30

India's Reliance Infra to invest $1.2 billion for ammunition project

India, which counts the Tata Group, the Adani Group and Larsen & Toubro as major private defence manufacturers, has been pushing to increase domestic production of defence equipment, with exports hitting an all-time high of 210.83 billion rupees in the previous fiscal year. Reliance Infra will set up the project in the western state of Maharashtra and is aiming for potential joint ventures with six global defence companies, the company said in an exchange filing, without giving any further details.

Reuters 6 months ago

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Reliance studying Indian BEV potential

Feasibility study for plant with initial capacity for 250,000 units

Just Auto 7 months ago

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Exclusive-India's Reliance Infra weighs EV push, taps ex-BYD exec, sources say

NEW DELHI (Reuters) -India's Reliance Infrastructure is considering plans to manufacture electric cars and batteries, and has hired a former India executive at China's BYD Co to advise on its plans, two sources briefed on the matter told Reuters. The company, part of Anil Ambani's Reliance Group, has hired external consultants to conduct a "cost feasibility" study for setting up an EV plant with an initial capacity of about 250,000 vehicles a year, to be scaled up to 750,000 over some years, the first source said. Reliance Infrastructure did not respond to a request for comment on its plans, which are being reported for the first time.

Reuters 8 months ago

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SEBI's ban on India's Anil Ambani and his Reliance Group troubles

Anil Ambani, one of India's best-known businessmen and chairman of Reliance Group, was banned from the securities market for five years and fined about $3 million by the country's markets regulator last week on charges of diversion of funds. Anil Ambani said he was reviewing the order and will take appropriate next steps as legally advised. Once ranked sixth-richest person in the world in 2008, Anil Ambani has faced numerous legal and financial hurdles, leading him to announce bankruptcy in a UK court in 2020.

Reuters 8 months ago

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RCOM.NS

Performance Overview

Return	RELINFRA.NS	S&P BSE SENSEX (^BSESN)
YTD	-10.55%	+5.62%
1-Year	+58.54%	+13.08%
3-Year	+166.58%	+56.33%

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Reliance Infrastructure Limited (RELINFRA.NS)

India's Reliance Infra to invest $1.2 billion for ammunition project

Reliance studying Indian BEV potential

Exclusive-India's Reliance Infra weighs EV push, taps ex-BYD exec, sources say

SEBI's ban on India's Anil Ambani and his Reliance Group troubles

Performance Overview