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
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