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Reliance Infra

Bloomberg data shows March quarter earnings figures offered noteworthy positive surprises

Bloomberg data shows March quarter earnings figures offered noteworthy positive surprises
The corporate earnings for the January-March 2014 quarter offered notable positive surprises; with a Bloomberg compilation revealed that a positive earnings surprise of 16 percent – as against consensus estimates – was posted collectively by a sample of 169 listed companies. According to Bloomberg, the list of companies collectively posting the positive earnings surprise for [...] Continue Reading »

Mumbai Metro hoping to receive speed certificate very soon

Mumbai Metro hoping to receive speed certificate very soon
A source says that RDSO is likely to issue ‘speed certificate’ to Mumbai Metro. The RDSO concluded that this will provide the path for the operator Reliance Infra obtaining safety certificate. A source added that the process of issuing the certificate for the Mumbai Metro is almost completed. The trial report is nearly ready and [...] Continue Reading »

Airport Express problems may be solved by end of month

Airport Express problems may be solved by end of month
The problem regarding the Delhi Airport Express Metro Line is going to be solved by the end of this month. The Election Commission has given special permission to the government to conduct the meeting of the Empowered Group of Ministers that will going take the decision regarding the problem related to Delhi Airport Express Metro [...] Continue Reading »

Mumbai to get its own metro before April, says RInfra

Mumbai to get its own metro before April, says RInfra
Mumbai residents are likely to get alternative to congested roads and packed commuter trains as metro will be started before April, as announced by RInfra. The construction, signal testing and system integration have been completed for the line consisting of 12 stations. Mumbai Metro One Pvt. Ltd, a consortium of Reliance Infrastructure (69%), Mumbai Metropolitan [...] Continue Reading »

DLF-I residents protest on Gurgaon-Faridabad road

DLF-I residents protest on Gurgaon-Faridabad road
Gurgaon: A group of residents from block G and H of DLF Phase I, Silver Oaks and NMT group, on Wednesday morning, staged a protest on the Gurgaon-Faridabad road between Bristol and Kachra Chowk which blocked traffic creating a mess all around. The protesters had put up rubber breakers during their protest on the road [...] Continue Reading »



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