Source: livemint.com New Delhi: Ratings agency India Ratings Friday downgraded Reliance Infrastructure Ltd’s long-term issuer rating to ‘D – Issuer Not Cooperating’. The downgrade comes barely a week after the Anil Ambani-led company’s auditors raised red flags over its financial results as well as “significant doubt” over the group’s ability […]
Continue readingTag: Reliance
Reliance Industries, ICICI Bank drag Sensex 100 points down
Source:- indiainfoline.com Equity benchmark indices open flat with negative bias amid the ongoing geopolitical tensions and persisting concerns over NBFC liquidity situation. Reliance Industries, ICICI Bank, Kotak Mahindra Bank and IndusInd Bank were the top contributors to the index losses, Power Grid, Bajaj Finance, HUL and L&T was gained on […]
Continue reading
Reliance Group has serviced debt payment of over Rs 35,000 cr in 14 months: Anil Ambani
Source:- thehindubusinessline.com Says Reliance Group company stocks are victims of ‘rumours, bear hammering’ Reliance Group Chairman Anil Ambani on Tuesday emphatically said the group is servicing its debt payments and will continue to reduce its arrears. In a suddenly announced conference call, Ambani said “unwarranted” rumours and “bear hammering” have […]
Continue reading
Reliance Infra tanks 25% in two days ahead of Q4 results; hits 15-yr low
Source:- business-standard.com business-standard.com Reliance Infrastructure shares on Friday slumped to a 15-year low of Rs 73, down 14 per cent in intra-day on BSE, and 25 per cent in the past two trading days ahead of March quarter earnings to be announced later in the day. The stock hit a record […]
Continue reading