ADA Enterprises / ADAG

RInfra issues Rs5,440-cr ‘breach of warranties’ notice to Pipavav Defence

06 Mar 2018

It is not yet clear what ‘breach of warranty’ Reliance Infrastructure is claiming against the promoters of Pipavav Defence and Engineering, but the Rs5,440-crore claim is double the amount it paid to acquire a stake in Pipavav Defence in 2015

Anil Ambani’s Global Cloud to build major new submarine cable

17 Jan 2018

After selling its consumer-facing wireless business to Mukesh Ambani’s Reliance Jio, Reliance Communications is banking on the new 68,000-km undersea cable to generate $1 billion in annual revenue

Reliance Infra to sell its Mumbai power assets to Adani for $2.93 bn

21 Dec 2017

The transaction marks Adani Group’s entry into the power distribution sector in Mumbai and an increase in the group’s footprint in the power transmission

Anil Ambani firm sues Cong’s Abhishek Singhvi for Rs5,000 cr

16 Dec 2017

The suit against Singhvi alleges "false and defamatory statements" after the Congress spokesperson claimed that the government unduly favoured a group firm in connection with the Rafale fighter deal

China Development Bank moves NCLT against “insolvent” RCom

28 Nov 2017

China Development Bank’s move will force domestic lenders also to set up a committee of creditors and work with insolvency resolution professional to come up with a revival plan

Anil Ambani firms hammered as RCom fails on interest payments

16 Nov 2017

RCom to end voice calls from 1 Dec; Trai asks carrier to allow porting till end-Dec

04 Nov 2017

With the Anil Ambani-led Reliance Communications stopping all 2G and 3G voice call services in 17 telecom circles in the country from 1 December, Trai wants to smoothen the process for subscribers porting out  to other service providers

RCom completes Sistema Shyam merger, acquires its 4G spectrum

01 Nov 2017

Dassault to invest Rs6,500 cr in JV facility with Reliance Aerospace

28 Oct 2017

The joint venture facility, which will manufacture components for Dassault fighter jets as well as Falcon civil aircraft, will ultimately have a facility to assemble Legacy Falcon 2000 commercial aircraft

Adani in talks to acquire Rinfra’s Rs13,000-cr Mumbai power business

11 Oct 2017

Other groups, including Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, Torrent and Prem Watsa’s Fairfax Group were also in discussions for RInfra’s Mumbai power business

Anil Ambani to forgo RCom salary, commission

14 Jun 2017

Reliance Nippon Life AMC to sell 10% stake via IPO

08 Jun 2017

Reliance Infra arm awarded Rs2,950 cr over failed airport metro

12 May 2017

Reliance Capital sells stake in Paytm to Alibaba for Rs275 cr

08 Mar 2017

Anil Ambani's Reliance Capital has sold its 1-per cent stake in the country's leading mobile wallet Paytm for Rs275 crore in a deal that values the e-wallet firm at over $4 billion

Reliance-Dassault JV aims at Rs30,000 cr from Rafale deal

01 Mar 2017

Reliance Defence will be executing a decent portion of the nearly Rs30,000 crore of business that will flow in as offset in the Rs60,000-crore ($7.87 billion) deal

Reliance Infra bags deal to maintain US Seventh Fleet

14 Feb 2017

The agreement will be the first private sector pact after India and the US had last year signed the Logistics Exchange Memorandum of Agreement

Adani to buy Rinfra’s transmission assets in a Rs2,000-cr deal

08 Dec 2016

Adani Transmission Ltd plans to acquire India’s first private sector transmission projects owned by Reliance Infrastructure

Reliance Infra to raise Rs5,000 cr via sale of stake in investment trust

26 Nov 2016

RInfra to sell its power transmission assets to Adanis

06 Oct 2016

Reliance Defence to form JV with Dassault for Rafale offset

04 Oct 2016

With defence offset obligations split among Dassault, Thales, MDBA and Saffra, it is likely that the business gets distributed among a broad spectrum of companies, say sources

Rcom-RJio ‘virtual merger’ to double competition

28 Sep 2016

By pooling and sharing both spectrum and telecom infrastructure the two brothers hope to achieve synergies and bring down cost of operation without any additional capital expenditure

RCom, Aircel to combine mobile business into 50:50 venture

14 Sep 2016

The deal will help Reliance Communication reduce its debt by Rs20,000 crore while Aircel's debt will fall by about Rs4,000 crore, the companies said

Anil Ambani’s son inducted into Reliance Capital board

24 Aug 2016

Anil, Mukesh Ambani react strongly to phone-tap allegations

20 Jun 2016

Both the Anil Ambani led Reliance Group and Mukesh Ambani’s Reliance Industries have demanded an early probe into allegations that the phones of their top executives were tapped 10-15 years ago

Israel's Rafael, Reliance Defence in JV for air defence systems

29 Mar 2016

Based on the current requirements, the joint venture is expected to engage in multiple defence production programmes valued at more than Rs65,000 crore over the next ten years