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Press background on Reliance Infrastructure Ltd
Company profile
Reliance Infrastructure Ltd., formerly known as Reliance Energy and before that as Bombay Suburban Electric Supply (BSES), is India's largest private sector enterprise power utility.[3] It is part of the Reliance Anil Dhirubhai Ambani Group, one of India's largest conglomerates. The company is headed by Anil Ambani. The corporate headquarters is in Mumbai.[2] The company is the sole distributor of electricity to consumers in the suburbs of Mumbai. It also runs power generation, transmission and distribution businesses in other parts of Maharashtra, Goa and Andhra Pradesh.
 Recent press releases
Reliance Infrastructure Limited Announces Q1 FY 17 Results

Q1 FY17 Total Income of INR 7,640 Crore (US$ 1.1 billion)
Q1 FY17 EBITDA of INR 1,751 crore (US$ 259 million) – UP 4%
Q1 FY17 Net Profit of INR 489 crore (US$ 72 million) – UP 19% (prior to Defence Business Loss of INR 50 million IN Q1FY17)
Q1 FY17 Net Pr... (more)
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Pipavav Defence and Offshore Engineering Company Limited to Exit CDR

Reliance Infrastructure Ltd., together with its wholly owned subsidiary, Reliance Defence Systems Pvt Ltd., has already announced a transaction for the acquisition of substantial shareholding and change of management control of Pipavav Defence & Offshore Engineering Co. Ltd. (PDOC).
&nb... (more)
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Reliance Infrastructure Proceeds to Complete the Acquisition of Pipavav Defence and Offshore Engineering Company Limited

Reliance Infrastructure Limited today announced that all requisite approvals including the approval of the Competition Commission of India (CCI) and the Gujarat Maritime Board (GMB) have been received for the acquisition together with management control of Pipavav Defence and Offshore Engineering C... (more)
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RInfra Signs Non-Binding Term Sheet with PSP Investments of Canada

- For Investment in its Mumbai Power Distribution Business
- Generation, Transmission and Distribution Assets of Mumbai to be Carved out into Separate SPV, Named Reliance Energy
- Rinfra to Hold Controlling 51% Stake in SPV; Psp Investments to Hold 49%
- Rinfra to Utilise Pr... (more)
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Reliance Infrastructure Ltd. Q2 Results FY15-16

- Q2FY16 Total Income Of Rs. 4,841 Crore (US$ 738 Million) – An Increase Of 8%
- Q2FY16 Ebitda Of Rs. 1,295 Crore (US$ 197 Million) – An Increase Of 12%
- Q2FY16 Net Profit Of Rs. 501 Crore (US$ 76 Million) – An Increase Of 16% (PRIOR To Cement Loss Of Rs. 50 Cro... (more)
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Reliance Infrastructure Limited Q1 FY 16 Results

Q1FY16 Total Income Of Rs. 4,829 Crore (US$ 759 Million) – An Increase Of 6%
Q1FY16 Ebitda Of Rs. 1,241 Crore (US$ 195 Million) – An Increase Of 15%
Q1FY16 Net Profit Of Rs. 490 Crore (US$ 77 Million) – An Increase Of 5%
(PRIOR... (more)
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RInfra Signs MoU with US Based Innovari Inc. to Expand Automatic Demand Side Management (ADSM)

- Commercial & Industrial Power Consumers to be Benefitted in First Stage; Rest to be Followed Later
- Consumers Empowered to Bring In Energy Efficiency
- RInfra is the First Indian Utility to Successfully Complete the Pilot Project Under the Aegis of Ustda
- The ADSM wi... (more)
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Reliance Infrastructure Ltd's Q2 Financial Results

Q2FY15 Total Income of Rs. 4,487 Crore (US$ 727 million)
 
Q2FY15 net profit of Rs. 488 Crore (US$ 79 million) – AN increase of 14%
(Prior to Mumbai metro loss of Rs. 57 Crore during the quarter)
 
Q2FY15 Net profit of Rs. 431 Crore (US$ 70 mi... (more)
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