ADA Enterprises / ADAG
RInfra issues Rs5,440-cr ‘breach of warranties’ notice to Pipavav Defence
06 Mar 2018
It is not yet clear what ‘breach of warranty’ Reliance Infrastructure is claiming against the promoters of Pipavav Defence and Engineering, but the Rs5,440-crore claim is double the amount it paid to acquire a stake in Pipavav Defence in 2015
Anil Ambani’s Global Cloud to build major new submarine cable
17 Jan 2018
After selling its consumer-facing wireless business to Mukesh Ambani’s Reliance Jio, Reliance Communications is banking on the new 68,000-km undersea cable to generate $1 billion in annual revenue
Reliance Infra to sell its Mumbai power assets to Adani for $2.93 bn
21 Dec 2017
The transaction marks Adani Group’s entry into the power distribution sector in Mumbai and an increase in the group’s footprint in the power transmission
Anil Ambani firm sues Cong’s Abhishek Singhvi for Rs5,000 cr
16 Dec 2017
The suit against Singhvi alleges "false and defamatory statements" after the Congress spokesperson claimed that the government unduly favoured a group firm in connection with the Rafale fighter deal
China Development Bank moves NCLT against “insolvent” RCom
28 Nov 2017
China Development Bank’s move will force domestic lenders also to set up a committee of creditors and work with insolvency resolution professional to come up with a revival plan
RCom to end voice calls from 1 Dec; Trai asks carrier to allow porting till end-Dec
04 Nov 2017
With the Anil Ambani-led Reliance Communications stopping all 2G and 3G voice call services in 17 telecom circles in the country from 1 December, Trai wants to smoothen the process for subscribers porting out to other service providers
Dassault to invest Rs6,500 cr in JV facility with Reliance Aerospace
28 Oct 2017
The joint venture facility, which will manufacture components for Dassault fighter jets as well as Falcon civil aircraft, will ultimately have a facility to assemble Legacy Falcon 2000 commercial aircraft
Adani in talks to acquire Rinfra’s Rs13,000-cr Mumbai power business
11 Oct 2017
Other groups, including Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, Torrent and Prem Watsa’s Fairfax Group were also in discussions for RInfra’s Mumbai power business
Anil Ambani to forgo RCom salary, commission
14 Jun 2017
Reliance Capital sells stake in Paytm to Alibaba for Rs275 cr
08 Mar 2017
Anil Ambani's Reliance Capital has sold its 1-per cent stake in the country's leading mobile wallet Paytm for Rs275 crore in a deal that values the e-wallet firm at over $4 billion
Reliance-Dassault JV aims at Rs30,000 cr from Rafale deal
01 Mar 2017
Reliance Defence will be executing a decent portion of the nearly Rs30,000 crore of business that will flow in as offset in the Rs60,000-crore ($7.87 billion) deal
Reliance Infra bags deal to maintain US Seventh Fleet
14 Feb 2017
The agreement will be the first private sector pact after India and the US had last year signed the Logistics Exchange Memorandum of Agreement
Adani to buy Rinfra’s transmission assets in a Rs2,000-cr deal
08 Dec 2016
Adani Transmission Ltd plans to acquire India’s first private sector transmission projects owned by Reliance Infrastructure
Reliance Defence to form JV with Dassault for Rafale offset
04 Oct 2016
With defence offset obligations split among Dassault, Thales, MDBA and Saffra, it is likely that the business gets distributed among a broad spectrum of companies, say sources
Rcom-RJio ‘virtual merger’ to double competition
28 Sep 2016
By pooling and sharing both spectrum and telecom infrastructure the two brothers hope to achieve synergies and bring down cost of operation without any additional capital expenditure
RCom, Aircel to combine mobile business into 50:50 venture
14 Sep 2016
The deal will help Reliance Communication reduce its debt by Rs20,000 crore while Aircel's debt will fall by about Rs4,000 crore, the companies said
Anil, Mukesh Ambani react strongly to phone-tap allegations
20 Jun 2016
Both the Anil Ambani led Reliance Group and Mukesh Ambani’s Reliance Industries have demanded an early probe into allegations that the phones of their top executives were tapped 10-15 years ago
Israel's Rafael, Reliance Defence in JV for air defence systems
29 Mar 2016
Based on the current requirements, the joint venture is expected to engage in multiple defence production programmes valued at more than Rs65,000 crore over the next ten years
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