India: Reliance Infra to raise funding from promoters to pare debt
RInfra is a provider of engineering and construction (E&C) services for developing power, infrastructure, metro and road projects.
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RInfra is a provider of engineering and construction (E&C) services for developing power, infrastructure, metro and road projects.
The share stood at Rs 22.85 on December 4, 2020. It has zoomed to Rs 70.5 today, translating into gains of 208.5 per cent during the period.
Bidders sought extension citing Covid
Explore Now Dalal Street looked set to see some weakness on Monday, as the Maharashtra government’s decision on Sunday to bring in stricter curbs to contain the spread of coronavirus is widely expected to test the recent strength in stocks. That said, here is a list of stocks buzzing this morning. Reliance Industries: Billionaire Mukesh Ambani's Reliance Industries said it has secured approval of its shareholders and creditors for hiving off its oil-to-chemical (O2C) business into a separate unit. Adani Enterprises: The company said it has won a Rs 1,169.10 crore highway project in Odisha f...
Bharat Road Network (BRNL) rose 2.22% to Rs 29.95 after the company, along with its partners, signed a deal with Cube Highways for the sale of a 126-kilometre road project in Uttar Pradesh (UP), India.Singapore-based Cube Highways and Infrastructure invests in road and highway projects, along with other select infrastructure sectors in India. The share purchase agreement provides for the sale of entire stake in Ghaziabad Aligarh Expressway, the special purpose vehicle (SPV) engaged in the development, operation and maintenance of a 126-kilometre toll road project from Ghaziabad to Aligarh on...