Reliance Infrastructure Ltd on Monday announced that it has fully settled a loan of approximately Rs 273 crore, including interest, owed by its wholly owned subsidiary, JR Toll Road Pvt Ltd (JRTR), to Yes Bank.
The raising of funds by issue of foreign currency convertible bonds (FCCBs) up to 24 per cent of the company's fully diluted equity share capital, the filing said.
The company in a regulatory filing also said that it aims to be a 'zero debt' firm by the year 2020.
Reliance Infrastructure had signed a binding share purchase agreement with Cube Highways for its 100 per cent stake in Delhi-Agra toll road for Rs 3,600 crore.
The Mumbai-Nagpur section will be a part of the proposed high speed rail corridor between Howrah and Mumbai, the diamond quadrilateral rail project.
The Maharashtra Electricity Regulatory Commission (MERC) on Thursday concluded its hearing on the proposed stake sale of Reliance Infrastructure (RInfra)’s…
The Delhi High Court has directed the Delhi Metro Rail Corporation (DMRC) to take over the servicing of all debt…
Reliance Infrastructure’s (RInfra) subsidiary Delhi Airport Metro Express Private Ltd (DAMEPL) on Tuesday said the Delhi High Court has directed…
Reliance Infrastructure won its case against the Delhi Metro Rail Corporation (DMRC) in the Delhi High Court on Tuesday. “The…
Reliance Infrastructure (RInfra) on Monday said the Competition Commission of India (CCI) has approved sale of its integrated Mumbai power…
