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Limited choices in strategic partners in defence

The defence ministry has lost sight of what it intended to achieve -- which was to nurture private defence firms that would compete on equal terms with the 9 defence PSUs and the 41 Ordnance......

Anil Ambani to withdraw defamation suit against Cong

Anil Ambani's Reliance Group has decided to withdraw the Rs 5,000-crore civil defamation suits filed in an Ahmedabad court against Congress leaders and National Herald newspaper over their......

Yogi's pet projects: Tall promises, slow delivery

Beyond announcements and optics, key projects have hardly moved under the Yogi government, reports Virendra Singh Rawat. IMAGE: Uttar Pradesh CM Yogi Adityanath with SpiceJet chairman Ajay Singh.......

Reliance Defence to service US Navy's Seventh Fleet

Months after India and the United States signed a key logistics pact, Reliance Defence and Engineering on Monday announced an agreement with the American Navy for repair and alteration services for......

Reliance Defence, Russian USC to build missile systems

Reliance Defence Limited and Russia's leading developer and manufacturer of Air Defence Missile Systems 'AlmazAntey' have decided to work jointly on the entire range of Air Defence Missile and......

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......

Reliance Infra sells HQ in Mumbai's Santacruz to YES Bank for Rs 1200 cr

The entire proceeds from the sale of Reliance Centre will be utilised only to service YES Bank debt. IMAGE: Reliance Group chairman Anil Ambani. Photograph: Francis Mascarenhas/Reuters Anil......

ED slaps money laundering case on Franklin MF

The ED case follows the police complaint for alleged criminal conspiracy and defrauding investors. Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat......

Infrastructure push: Higher expenditure yet to reflect in top line

The combined net sales of 42 listed construction and capital goods companies that have declared their third-quarter results so far were down 2.3 per cent year-on-year in Q3FY21 while core operating......

NCLT initiates bankruptcy proceedings against Anil Ambani

Anil Ambani had given a personal guarantee to the loans given by SBI to Reliance Communications and Reliance Infratel in August 2016. The NCLT has directed to initiate......

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