Reliance Infrastructure projects
It seems the new focus of Reliance ADA Group led by chairman Anil Ambani will be Infrastructure in this fiscal. Anil Ambani on Monday called on Andhra Pradesh chief minister Chandrababu Naidu and Telangana chief minister K Chandrasekar Rao (KCR), along with other industrial leaders including those from GVK and GMR groups. Reliance Infrastructure (RInfra), [...] Continue Reading »
It seems that there is Saturn hovering on the Mumbai Metro Project. UPS Madan the metropolitan commissioner of MMRDA (Mumbai Metropolitan Region Development Authority) mentioned that they have decided to challenge a single-bench order of the Bombay High Court on the Mumbai Metro fares in front of a division bench. The recently commissioned Mumbai Metro has [...] Continue Reading »
Reliance’s Trichy-Dindigul and Trichy-Karur infrastructure projects assigned negative outlook by ICRA Reliance Infrastructure has suffered a setback. ICRA, which is a credit ratings agency, has assigned a negative outlook to long term fund-based limits of its two road projects – Trichy-Dindigul and Trichy-Karur. The projects are located in South India. Negative outlook to Trichy-Dindigul is [...] Continue Reading »
