Swan Energy makes part payment for Reliance NavalSwan Energy partnered with resolution applicant Hazel Mercantile Ltd through its special purpose vehicle - Hazel Infra - to acquire RNEL un...
Reliance Industries withdraws planned merger of new energy business with itselfReliance Industries has withdrawn its plan to merge its renewable energy business, Reliance New Energy Limited (RNEL), with itself, accordi...
RIL withdraws merger of Reliance New Energy Limited with self"Based on a review of the new energy/renewable energy business and investment structure, the Board, at its meeting held on April 21, 2023, ...
Swan Energy to use Reliance Naval to foray into naval defence contracts, oil & gas and repairThree-year expansion plan includes becoming a hub for APAC orders, coast guard jetty, second dry dock. Plans to use the facility to bag int...
Wagers on Reliance Naval have high risks: AnalystsRNEL shares rose 5% on Tuesday, hitting the maximum trading price of the day of ₹2.56. About 2 million buy orders were pending on both the ...
Court approves Swan Energy team's resolution plan for Reliance NavalThe winning bidder, Swan Energy - Hazel Mercantile team, offered a staggered payment of ₹2,040 crore, while on the net present value (NPV) ...
Reliance arm links deal to buy 20% in US solar tech firm"The investment in Caelux aligns with our strategy to create the most advanced green energy manufacturing ecosystem, backed by world class ...
Reliance New Energy acquires 20% stake in Caelux for $12 millionCaelux is an industry leader in the research and development of perovskite-based solar technology. Its proprietary technology enables high ...
Lenders vote on RNEL resolution proposalsThe Gujarat National Company Law Tribunal also disqualified Citi Securities and Financial Services from being part of the committee of cred...
Navy cancels Reliance Naval and Engineering Ltd's Rs 2,500-crore NOPV contractThe contract to build five warships was signed with the company in 2011, much before the Reliance Group took over the Gujarat-based shipyar...
Lenders to Reliance Naval seek EoIs for saleThe company is being sold to recover outstanding loans of Rs 43,587 crore. Of this, the RP has admitted Rs 10,878 crore of dues of financia...
IL&FS case: Lookout circulars issued against six IFIN ex-directorsSFIO seeks move against accused directors to keep them ‘from escaping the country’ while probe is on.
Bombay High Court rejects Reliance Naval plea against ONGCThe matter was heard by Justice Girish S Kulkarni, who refused to grant any relief to RNEL
Punitive action against Reliance firm, Navy encashes bank guarantee in vessel dealNavy has encashed bank guarantees of debt-ridden RNEL after the company overshot deadline by 4 years.
Reliance Naval launches training ship for Indian Coast GuardOn the occasion, RNEL chief executive officer Debashis Bir told the gathering that the ship would be delivered to the ICG in May 2019.
L&T, Reliance officials first called for bid opening, then sent back sans explanationThe commercial bidding process for four amphibious warships to be made in India has been stuck for over a year now after L&T and Reliance N...
Corporate war stalls Indian Navy’s Rs 20,000 crore projectAnil Ambani's RNEL has filed a complaint with the defence ministry alleging bias towards Larsen & Toubro, also shortlisted for a ‘Make in I...