A Supreme Court judge Thursday quit a bench hearing a lawsuit by Reliance Power challenging the Allahabad High Court’s ruling on the acquisition of farm land for the Rs.25,000-crore power plant at Dadri, close to the national capital.
As the matter came up for hearing Justice B.S. Chauhan informed the court that he would not like [...]
Rosa (Shahjahanpur), Dec 28 (IANS) One of the four 300 MW-capacity units of a thermal power plant developed by Reliance Power here was commissioned here Monday morning.
The second 300 MW-unit will be commissioned by the end of January, and will be followed by the other two 300 MW-units by March 2012. The 1,200-MW plant at [...]
New Delhi, Dec 4 (IANS) The Allahabad High Court’s decision to restore the rights of farmers to protest acquisition of their land for Dadri power plant neither dilutes the commitment to the project nor is it a setback, Reliance Power said Friday.
Reacting to the court’s judgment upholding Section 4 of the Land Acquisition Act to [...]
Mumbai, Oct 27 (IANS) Electricity generating firm Reliance Power, an Anil Dhirubhai Ambani Group firm, Tuesday said its net profit for the quarter ended Sep 30 was up 49.39 percent at Rs.70.53 crore over the like period last year.
Total income of the company stood at Rs.101.2 crore in the quarter under review as compared to [...]
Mumbai, Oct 15 (IANS) Industrialist Anil Ambani Thursday alleged ‘vicious and malafide’ campaign against his group companies by a ‘known rival group’ and said the timing was similar to the one two years ago when a public issue of Reliance Power was launched.
‘This sequence of events accompanied by the usual hammering of our group stocks [...]
Mumbai, Oct 12 (IANS) The shares of companies in the respective stables of the two feuding Ambani brothers closed higher Monday, a day after an olive branch from younger Anil, that was welcomed as a ‘positive indicator’ by Mukesh.
Reliance Natural Resources, the energy arm of Anil Ambani group that is fighting a legal battle on [...]
New Delhi, Oct 12 (IANS) The response for the latest round of auction for handing over hydrocarbon assets in India for exploration and development has been ‘poor’, with even Reliance Industries refraining from making a single bid.
The deadline for receiving bids for the eighth round of auction under what is called the new exploration licensing [...]
New Delhi, Oct 1 (IANS) The public spat and litigation between the Ambani brothers could adversely affect the sentiments of foreign companies interested in investing in India’s oil and gas exploration, the sectoral regulator said once again Thursday.
‘Any fight between corporates has a negative impact. No fight has a positive impact,’ Director General of Hydrocarbons [...]
Mumbai, Sep 22 (IANS) Telecommunications provider Reliance Infratel, promoted by Reliance Communications and part of the R-ADA group, will come out with an initial public offer to the tune of 10 percent of its paid-up equity capital, group chairman Anil Ambani said here Tuesday.
Addressing shareholders at Reliance Communication’s annual general meeting here, Ambani said the [...]
