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Reliance Defence Ltd

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Govt clears mega naval plan to build 6 submarines for Rs 43,000 crore

The Defence Ministry on Friday cleared a mega project to domestically build six conventional submarines for the Indian Navy at a cost of around Rs 43,000 crore, in a major decision aimed at......

Oxygen Crisis: Will this PSU Help?

The NINL management can see this as their moment of giving back to the nation and humanity.Its plant has an oxygen unit that can produce 418 tonnes of oxygen every day.418 tonnes is about 58% of......

Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

MoD seals Rs 409-cr contract to procure hand grenades

The defence ministry on Thursday sealed a deal with a Nagpur-based company for supply of 10,00,000 hand grenades to the Indian Army at an approximate cost of Rs 409 crore. The ministry said the......

Has navy inducted INS Khanderi with several defects?

There were 35 defects that still remained to be resolved.Of these, 29 could not have been resolved during the monsoon since they required testing in absolutely calm seas. Nor is the Khanderi being......

RInfra gets shareholders nod to raise up to Rs 550.56 cr

Reliance Infrastructure Ltd on Wednesday said its shareholders have approved raising funds up to Rs 550.56 crore through issuance of shares on a preferential basis. IMAGE: Reliance Infrastructure......

Anil Ambani tells UK court he leads disciplined, not lavish lifestyle

Asked about his fleet of luxury cars and other references to his lavish lifestyle as the counsel for the banks cross-examined him, the Reliance Communications chief dismissed them as "speculative"......

Adani Green Energy to raise $1.8 bn from foreign banks

The company will raise $1.8 billion for the under construction and contracted portfolio of 12 GW, which includes the country’s first manufacturing-linked solar power plant of 8 GW. IMAGE:......

No personal guarantee given to Chinese banks: Anil Ambani

He, however, seemed to indicate that he did give a personal guarantee to India's largest lender SBI, which has moved the NCLT to recover Rs 1,200 crore. Beleaguered businessman Anil Ambani on......

Anil Ambani says his net worth is nearly zero

In what is in effect a deposit to be paid into court pending a full trial in the case, Judge David Waksman has set a six-week timeline for Anil to pay $100 million to three Chinese banks as he......

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