RELINFRA

July 29 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE LTD - MMRDA DEPOSITS 5.60 BILLION RUPEES FOR MMOPL AWARD

Source text: ID:nNSEbQ9GX2

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** Shares of Reliance Infrastructure REII.NS fall 3% to 331 rupees, their lowest since June 2

** Engineering and construction co posts a 98.6% Q/Q decline in June-qtr profit to 598.4 mln rupees ($6.92 mln); rev from ops rises 43.8% Q/Q

** More than 3.3 mln shares change hands, 1.4x of 30-day avg

** Stock up 8.8% YTD

($1 = 86.5130 Indian rupees)

(Reporting by Rudra Pratap Singh in Bengaluru)

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July 25 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE JUNE-QUARTER CONSOL NET PROFIT 598.4 MILLION RUPEES

• RELIANCE INFRASTRUCTURE JUNE-QUARTER CONSOL INCOME FROM OPERATIONS 59.08 BILLION RUPEES

• RELIANCE INFRASTRUCTURE: NO IMPACT FROM RECENT ED ACTION ON CO, BUSINESS OPERATIONS, FINANCIAL PERFORMANCE

Source text: ID:nBSE9S6C0y

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** India's Anil Ambani-led Reliance group's Reliance Power RPOL.NS and Reliance Infra RLIN.NS drop 5% each

** India's financial crime fighting agency will cover over 35 premises, 50 companies and over 25 persons associated with Anil Ambani's Reliance Group in a search operation on Thursday, Reuters reports, citing a government source

** Enforcement Directorate is investigating Anil Ambani-led group entities for alleged money laundering, report adds

** Companies did not immediately respond to Reuters' requests for comment

(Reporting by Kashish Tandon in Bengaluru)

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July 16 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• TO RAISE 60 BILLION RUPEES VIA EQUITY ISSUANCE

• TO ISSUE 30 BILLION RUPEES DEBENTURES

Source text: ID:nBSEt8hzW

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July 3 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• SBI ACTION ON RELIANCE COMMUNICATIONS HAS NO IMPACT ON RELIANCE INFRASTRUCTURE

Source text: ID:nBSEb2jzw

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June 30 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• FORMS STRATEGIC PARTNERSHIP WITH COASTAL MECHANICS, USA

• PARTNERSHIP WILL PROVIDE COMPREHENSIVE MAINTENANCE, REPAIR FOR INDIAN FIGHTERS AIRCRAFTS

Source text: ID:nnAZN425F1N

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June 23 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE LTD - JR TOLL ROAD PAYS 2.73 BILLION RUPEES DEBT TO YES BANK

Source text: ID:nBSE8Hz8tt

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June 18 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• DASSAULT AVIATION PARTNERS WITH RELIANCE INFRASTRUCTURE SUBSIDIARY

• UNIT TO MANUFACTURE FALCON 2000 BUSINESS JETS IN INDIA

• DASSAULT TO MANUFACTURE FALCON 2000 JETS OUTSIDE FRANCE FOR FIRST TIME

• FINAL ASSEMBLY LINE FOR FALCON 2000 JETS TO BE ESTABLISHED IN NAGPUR

• DASSAULT AVIATION TO DELIVER FIRST 'MADE IN INDIA' FALCON 2000 JET BY 2028

• DASSAULT AVIATION PARTNERS WITH RELIANCE INFRASTRUCTURE SUBSIDIARY

Source text: ID:nBSE4GWhpQ

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** Shares of Reliance Infrastructure RLIN.NS drop 4.4% to five-month low of 239.05 rupees

** Roads and highways builder says Q3 net loss surged to nearly 33 bln rupees ($380 mln) from 4.21 bln rupees a year ago

** Says latest quarter included a 30.71 bln rupee one-time charge; did not give additional details

** Income from ops grew ~9% y/y, expenses fell 2% y/y

** Stock down 20% YTD, it gained ~45% in 2024

($1 = 86.7350 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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Dec 27 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE - UNIT RECEIVES NOTICES FROM AXIS BANK AND IDFC FIRST BANK

• RELIANCE INFRASTRUCTURE LTD - NOTICES INVOKE RIGHT OF SUBSTITUTION UNDER CONCESSION AGREEMENT

• RELIANCE INFRASTRUCTURE LTD - NOTICES CITE ALLEGED DSRA DEFAULTS BY UNIT

• RELIANCE INFRASTRUCTURE - FINANCIAL IMPACT ON CO UNDETERMINED AT THIS STAGE

Source text: ID:nBSE3kWTMJ

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Updates with Axis Bank's response, stock levels at close

** Shares of Reliance Infrastructure RLIN.NS gives up most of the session's losses to end flat; Axis Bank AXBK.NS reverses course to rise 0.2%

** RLIN said India's Supreme Court issues show-cause notice to co's unit, Delhi Airport Metro Express Pvt Ltd, and Managing Director of AXBK

** Notice from Supreme Court asks why contempt proceedings should not be initiated against them for violation of directions contained in an April 2024 judgment

** RLIN said its unit will take "appropriate steps to protect its interest" in the matter, adding financial implications are unascertainable at this stage

** Contempt petition not been served on the bank, Axis Bank spokesperson says, adding will review the contempt petition on receipt and take appropriate legal recourse

** RLIN logs first weekly loss in three; AXBK shares snap four-session losing streak

** RLIN has risen over 40%, while AXBK has gained 4% YTD

(Reporting by Hritam Mukherjee in Bengaluru)

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Dec 12 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE - SUPREME COURT ISSUED NOTICE TO MD OF DAMEPL, AXIS BANK

• RELIANCE INFRASTRUCTURE - CO NOT PARTY TO PROCEEDINGS INITIATED BY DMRC

• RELIANCE INFRASTRUCTURE - APRIL 10 JUDGMENT DOES NOT IMPOSE ANY LIABILITY UPON CO

Source text: ID:nBSE47VMlK

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Dec 10 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• UNIT RELIANCE VELOCITY INCORPORATED UNIT RELIANCE EV GO PVT LTD

Source text: [ID:]

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** Reliance Infrastructure's shares RLIN.NS up 5% to 267 rupees

** Co said on Tuesday said it will invest 100 bln rupees ($1.19 bln) over the next ten years on a project to produce explosives, ammunition and small arms

** Stock ended lower in last two sessions; has gained 27% YTD

(Reporting by Yagnoseni Das in Bengaluru)

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Oct 22 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE DEFENCE TO SET UP INTEGRATED PROJECT FOR EXPLOSIVES, AMMUNITION AND SMALL ARMS UNDER DHIRUBHAI AMBANI DEFENCE CITY

• PROJECTED INVESTMENT OF UPTO 100 BILLION RUPEES SPREAD OVER NEXT 10 YEARS

• PROJECTS ENVISAGE POTENTIAL JOINT VENTURE WITH UPTO SIX GLOBAL DEFENCE COMPANIES

Source text for Eikon: ID:nBSE2h8PH8

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Corrects to clarify in paragraph 2 that the company issued the news on Tuesday

MUMBAI, Oct 4 (Reuters) - India's Reliance Infrastructure RLIN.NS said it plans to raise up to $350 million by issuing foreign currency convertible bonds (FCCBs) to VFSI Holdings, an affiliate of investment firm Varde Investment.

The convertible bonds will have an "ultra-low cost" interest of 5% per annum with a long maturity of 10 years, the company said in a statement on Tuesday.

The FCCBs will be convertible into equity at 330 rupees per share.

The company, however, has not given any timeline for the issuance of the convertible bonds.

FCCBs are a mix of debt and equity instruments but act like bonds as they have regular coupon payments and give holders the option to convert the bonds into equity.

(Reporting by Bhakti Tambe; Editing by Savio D'Souza)

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** Shares of Reliance Infrastructure RLIN.NS and Reliance Power RPOL.NS up 2% and 5%, respectively

** Anil Ambani-run Reliance Group said on Wednesday it would jointly develop solar and hydro power projects in Bhutan along with the government's investment arm Druk Holding and Investments

** The Indian conglomerate, run by the younger brother of Asia's richest man Mukesh Ambani, will form a new unit equally owned by Reliance Infra and Reliance Power

** RPOL stock hit exchange allowed max of 5%, its highest since mid-Jan 2018

** RPOL stock has gained over twofold and RLIN up 61%, YTD

(Reporting by Ashna Teresa Britto in Bengaluru)

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Oct 2 (Reuters) - Anil Ambani-run Reliance Group said on Wednesday it would jointly develop solar and hydro power projects in Bhutan along with the government's investment arm.

The Indian conglomerate, run by the younger brother of Asia's richest man Mukesh Ambani, will form a new subsidiary that is equally owned by Mumbai-listed units Reliance Power RPOL.NS and Reliance Infrastructure RLIN.NS.

The subsidiary will develop 500 megawatts of solar power projects and 770 megawatts of hydro power projects with Bhutan's Druk Holding and Investments.

The conglomerate did not disclose the investment amount for the projects.

Reliance Power aims to expand in the renewable energy sector. The electric utility company last week raised $183 million last week and plans to raise more funds on Thursday.

The Mumbai-headquarted company had last week said that it had no debt from banks and financial institutions after settling dues of $461 million towards its unit.

In June, Indian billionaire Gautam Adani's ports-to-power conglomerate signed an agreement for a 570 megawatt green hydro project in Bhutan.

($1 = 83.9370 Indian rupees)

(Reporting by Nandan Mandayam in Bengaluru; Editing by Leroy Leo)

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** Shares of Reliance Infrastructure Ltd RLIN.NS up 5.3%

** RLIN, on Sat, said a court upheld arbitration award of 7.80 bln rupees ($93 mln), along with interest, payable to Co

** RLIN up 63% in Sept, set for best month since June 2020

(Reporting by Nandan Mandayam in Bengaluru)

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Sept 26 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• TO CONSIDER AND APPROVE RAISING OF LONG TERM RESOURCES

Source text for Eikon: ID:nBSE8fsC7

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BENGALURU, Sept 23 (Reuters) - India's Reliance Power RPOL.NS, part of Anil Ambani's Reliance Group, said on Monday that it plans to raise up to 15.25 billion rupees ($183 million) through a preferential allotment.

The company aims to use the funds for business expansion and debt reduction.

It will raise funds by issuing 462 million shares or warrants worth 33 rupees each.

The Reliance Group-backed company named Reliance Infrastructure RLIN.NS, Authum Investment and Infrastructure, and Sanatan Financial Advisory Services as investors in its fundraising effort.

Following the fundraising, Reliance Infrastructure will increase its equity stake in the power company by over 6 billion rupees, it added.

The power-generating company stated that the additional capital will help support its involvement in the renewable energy sector.

This comes a month after Reliance Group chairman Anil Ambani was banned from the securities market for five years and fined about $3 million by the country's markets regulator on charges of diversion of funds.

Shares of Reliance Power closed 5% higher on Monday, taking its yearly gain to nearly 64%.

($1 = 83.5300 Indian rupees)

(Reporting by Ashna Teresa Britto; Editing by Tasim Zahid)

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Sept 19 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE - ISSUANCE OF UPTO 125.6 MILLION SHARES OR WARRANTS AT 240 RUPEES PER SHARE

• RELIANCE INFRASTRUCTURE - APPROVES RAISING OF FUNDS 30 BILLION RUPEES

• RELIANCE INFRASTRUCTURE - FUNDRAISE VIA QUALIFIED INSTITUTIONAL PLACEMENT

Source text for Eikon: [ID:]

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** Shares of Reliance Infrastructure RLIN.NS settle 20% higher at 282.73 rupees, marking its best day in two years

** Engineering and construction firm said it reduced its standalone external debt to 4.75 billion rupees ($56.8 million) from 38.31 billion rupees

** RLIN hits its highest level since early April

** Stock rises for a third straight session, gaining 33% in the period

** More than 52 mln shares traded, 5x their 30-day avg

** RLIN up 12% YTD

($1 = 83.6850 Indian rupees)

(Reporting by Vijay Vaidyanathan)

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** Shares of Reliance Infrastructure RLIN.NS climb 5% to 227.1 rupees, their highest since Aug. 23

** Engineering and construction co says it will consider raising long-term resources from domestic or global markets at a board meeting on Sept. 19

** RLIN sees busiest day in over 3 weeks, with around 13 mln shares traded

** Stock up 8.3% YTD

(Reporting by Aleef Jahan in Bengaluru)

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Sept 16 (Reuters) - Reliance Infrastructure Ltd RLIN.NS:

• RELIANCE INFRASTRUCTURE LTD - TO CONSIDER AND APPROVE RAISING OF LONG TERM RESOURCES

Source text for Eikon: ID:nBSE64TcpS

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By Aditi Shah

NEW DELHI, Sept 6 (Reuters) - India's Reliance Infrastructure RLIN.NS is considering plans to manufacture electric cars and batteries, and has hired the former India head at China's BYD Co 002594.SZ 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.

It is also looking at the feasibility of building a battery plant starting with 10 gigawatt hours (GWh) of capacity and scaling up over a decade, the person added.

Reliance Infrastructure did not respond to a request for comment on its plans, which are being reported for the first time.

Former BYD executive Sanjay Gopalakrishnan, who has joined as a consultant to advise on the EV project, did not respond to a request for comment.

Anil Ambani is the younger brother of Mukesh Ambani, Asia's richest man and head of Reliance Industries RELI.NS, which has interests ranging from oil and gas to telecoms and retail. The brothers split the family business in 2005.

Mukesh's company is already working to locally manufacture batteries and this week won a bid to receive government incentives for 10 GWh of battery cell production.

If Anil's group decides to press ahead with its plans, the brothers will go head-on in a market where EVs have a niche presence but are growing fast.

Electric models made up less than 2% of the 4.2 million cars sold in India last year, but the government wants to grow this to 30% by 2030. It has budgeted over $5 billion in incentives for companies locally manufacturing EVs and their components, including batteries.

Battery making is yet to take-off in India but some local manufacturers like Exide EXID.NS and Amara Raja AMAR.NS have tied-up with Chinese players for technology to manufacture lithium-ion battery cells in the country.

Reliance Infrastructure is also looking for partners, including Chinese companies, and is aiming to finalise its plans within a few months, the first source said.

India's Tata Motors TAMO.NS is the country's largest EV player with a nearly 70% share of the market, with rivals like SAIC's 600104.SS MG Motor and BYD gaining pace. Overall auto market leaders Maruti Suzuki MRTI.NS and Hyundai Motor 005380.KS plan to launch EVs in 2025.

Gopalakrishnan retired from BYD this year after spending more than two years there, setting up BYD's India business, launching three EVs, and establishing a dealership network.

Government records reviewed by Reuters show Reliance Infrastructure in June formed two new wholly-owned subsidiaries related to autos.

One is named Reliance EV Private Ltd, whose "main objective" is to "manufacture, deal, in vehicles of every description and components for transport and conveyance using any nature of fuel".

(Reporting by Aditi Shah
Editing by Mark Potter)

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** Shares of Anil Ambani's Reliance Group companies drop on Mon, extending losses to 9-11% in past two sessions

** Reliance Infrastructure RLIN.NS and Reliance Home Finance RLIC.NS erase all YTD gains

** Losses after Indian markets regulator SEBI late on Thurs banned Ambani, 24 others from securities market for 5 years on charges of funds diversion

** Ambani is reviewing order, his spokesperson said

** Reliance Infrastructure down 11.3% in two days

** Reliance Home Finance down 10% in two days

** Reliance Power RPOL.NS down 9.7% in two days, but is still up 40.6% for the year

(Reporting by Ashna Teresa Britto in Bengaluru)

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** Shares of Anil Ambani's Reliance Group are down between 4%-9%

** India's markets regulator banned businessman Anil Ambani and 24 others from the securities market for five years due to diversion of funds

** The Reliance Group was created in July 2006 following a demerger from Reliance Industries Ltd RELI.NS , which is led by Anil's brother Mukesh Ambani

** India's SEBI says Anil Ambani orchestrated scheme to siphon off funds from public company

** Reliance Infrastructure RLIN.NS down nearly 9%, Reliance Home Finance RLIC.NS shed 5% and Reliance Power RPOL.NS drop 4%

(Reporting by Nishit Navin)

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Aug 2 (Reuters) - Life Insurance Corporation of India LIFI.NS:

• OTS PROPOSAL AGREED BETWEEN CO, LIC

• OTS SETTLEMENT OF ENTIRE OBLIGATIONS TO NCD ISSUED BY CO OF 6 BILLION RUPEES

• TILL DUES ARE SETTLED ALL LEGAL PROCEEDINGS BETWEEN COS WILL BE IN ABEYANCE

Source text for Eikon: ID:nBSE7CTM3Y

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