Hit by a massive sell-off in stocks of various group companies, Reliance Anil Dhirubhai Ambani Group today said it is a victim of a bear cartel that has caused a market value loss of over Rs ...

Reliance Infrastructure and Reliance Natural Resources are close to reaching a settlement with market regulator Sebi by paying consent fees, ending a long-running investigation into alleged violations of foreign portfolio investment regulations. The companies, part of the ...

Pune-based Sterlite Technologies Limited announced,  it has arranged Rs. 700 crore worth of funds for its mega transmission project connecting North-east with the Northern states India.  The total estimated cost of the project is Rs. 800 ...

Anil Dhirubhai Ambani Group (ADAG) firm Reliance Power (R-Power) signed a US $750 million (Rs.3,500 crore) deal with US engineering major General Electric (GE) to procure turbines for its gas-based power project in Andhra Pradesh in ...

The company is targetting an operational capacity of 5,000 Mw by 2012 and will commission 20,000 Mw over the next three years ...

ADAG group’s power generation company  Reliance Power (R-Power) today announced it would seek shareholders’ approval for raising more funds, via share sale to institutions or by issuing securities overseas, after spending half of the Rs 11,600 ...

The power ministry has recommended allocation of natural gas from Reliance Industries’ KG D6 field to four power projects including Anil Dhirubhai Ambani Group (ADAG) run Reliance Power’s Samalkot expansion unit in Andhra Pradesh. The ministry, at ...

Anil Dhirubhai Ambani group company Reliance Power has announced the financial closure of its 4,000 Mw Krishnapatnam ultra mega power project (UMPP). The company has raise debt to the tune of Rs 13,125 crore from 15 ...

Anil Dhirubhai Ambani Group (ADAG) company Reliance Power, is close to finalising a gas-based power plant in Gujarat with a capacity of 7,000 Mw to 8,000 Mw. This would entail an investment of around Rs 30,000 ...

The government may allocate natural gas to Anil Ambani Group’s proposed power plants like the Dadri project only six months prior to commissioning, as reservation of gas is not allowed under the present policy. “The gas ...