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Maharashtra Cabinet Approves Metro-1 Stake Buyout from R-Infra

Maharashtra Cabinet greenlights acquisition of R-Infra's stake in Metro-1, enhancing state control over crucial urban transport infrastructure.

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Panel appraises R-Infra's 74% Metro-1 stake at Rs 40 billion

Bidders were obligated to provide an earnest money deposit of Rs 5 million.

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Delhi High Court orders NHAI to pay Rs 12.04 bn to R-Infra's Subsidiary

R-Infra said, amount will be allocated to reduce company's debt burden

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CW Design-Build Conclave & Awards checks Pune off its list!

After Bengaluru, New Delhi and Hyderabad, the awards were hosted in Pune.

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Mega winner

Anil Ambani-led Reliance Infrastructure has bagged, among India's most marquee projects, the Versova-Bandra Sea Link at a whopping Rs.70 billion. The 17.7 km project is three times the length of the Bandra-Worli Sea Link (5.6 km).

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R-Infra to sell road projects to cut its debt

To cut down its debt burdern of about Rs 21,976 .18 crore, Reliance Infrastructure (R-Infra) is mulling to sell either all or most of its 11 road projects. R-Infra is a part of the Anil Ambani-led Reliance Group. R-Infra has appointed consulting firm EY or Ernst and Young, to oversee the sale.

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CAG finds irregularities in Delhi airport Metro project

Reliance Infrastructure (R-Infra) and Construccionesy Auxiliar de Ferrocarriles, SA (CAF) of Spain were given undue benefits in the Airport Metro Express Line (DAMPEL) project, the Comptroller and Auditor General (CAG) said. The apex auditor found serious irregularities, flouting of government norms..

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R-Infra begins toll collection in Hosur highway

To avoid delay in earning toll revenues, Reliance Infrastructure is eyeing highway projects that involve expansion. It recently began toll collection on the Hosur-Krishnagiri highway connecting Bengaluru to Chennai, where the lanes have to be expanded from four to six.

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