Andhra govt clears 800 acres for RIL's AI data centre in Vizianagaram districtAndhra Pradesh government has approved over 800 acres of land for Reliance Industries. This land in Vizianagaram district will host a Giga ...
Reliance Industries to set up India’s largest data centre cluster in Andhra PradeshRIL is set to invest ₹1.6 lakh cr (over $17 bn) to develop a 1.5 GW AI-focused data centre cluster along with a captive solar and battery s...
RIL-ACRE resolution plan for Sintex gets tribunal's approvalIn November last, government-promoted ARC, National Asset Reconstruction Company of India, had offered to acquire loans of Sintex Industrie...
NCLT approval sale of Sintex Industries to Reliance Industries, rejects Axis Bank's pleaNational Company Law Tribunal (NCLT) Friday approved a debt resolution plan of Sintex Industries submitted jointly by Reliance Industries L...
Sintex Industries resolution delay makes lenders wait longer for recoveryThe said shareholder had opposed the decision, citing suspension of the company's stock from trading before the case was admitted in NCLT w...
Axis Bank turns down plan to distribute Sintex sale proceedsAxis Bank is the sole lender to vote against the resolution plan submitted jointly by the two, the sources said. Axis Bank has ₹159 crore v...
Reliance & ACRE bid for Sintex filed before NCLT for approvalAs per the IBC procedures, RP has to submit the resolution plan as approved by the CoC to NCLT under Section 30(6) of IBC, which gives its ...
RIL-ACRE's offer for Sintex Industries gets over 90% support from lendersThe other three resolution applicants in the fray were Himatsingka Ventures, a Welspun Group entity and GHCL. Earlier this month, resolutio...
RIL-ACRE upgrades offer for Sintex to Rs 3,651 croreThe revised plan by Reliance-Acre is said to be above liquidation value, said one of the persons cited above. Lenders were seeking improved...
Reliance-ACRE, Welspun in final lap to buy bankrupt Sintex IndustriesRIL-ACRE and Welspun Group unit Easygo Textile are the two highest bidders among the four offers that lenders have received for the textile...
- Reliance likely to break up Jhajjar SEZ into 5 chunks
Trust Reliance Industries (RIL) to roll with the punches. It has already started discussions with the Haryana government over modifications...
- Haryana project stuck with land in patches
Mukesh Ambani’s ambitious 25,000-acre multi-product SEZ project in Haryana now faces an uncertain future.
- Haryana project stuck with land in patches, without ally
Mukesh Ambani’s ambitious 25,000-acre multi-product SEZ project in Haryana now faces an uncertain future.
- Reliance bets on local people to get SEZ land
With land acquisition for industrial projects becoming increasingly controversial, Mukesh Ambani’s Reliance Industries (RIL) is banking on ...
- RIL SEiZed with land purchase on cap talks
Mukesh Ambani’s RIL is on an aggressive land acquisition spree for its Haryana multi-product SEZ project amidst speculation in the policy c...
- RIL, Birlas head for Vizag SEZ
The 9,200-acre SEZ project in Visakhapatnam is attracting major industry players including Reliance Industries and Aditya Birla Group.
- RIL signs mega farm-to-fork deal with Punjab govt
India’s biggest corporate farming deal, the Reliance farm-to-fork project, will get its first official clearance on Tuesday.