Reliance Infrastructure reports 49% fall in Q2 consolidated net profit

Reliance Infrastructure has reported results for second quarter ended September 30, 2018. The company has reported a fall of 65.66% in its net profit at Rs 204.31 crore for the quarter under review as compared to Rs 595.03 crore for the same quarter in the previous year. However, total income of the company increased by … Read more

RInfra wins Rs 16.14 crore arbitration award against NHAI

Reliance Infrastructure (RInfra) has won Rs 16.14 crore arbitration award against National Highway Authority of India (NHAI). A three-member Arbitration Tribunal in its unanimous award on November 12, 2018 has asked NHAI to pay Rs 16.14 crore by February 10, 2019 to Reliance Infrastructure. NHAI will have to pay interest 12% p.a. on the amount … Read more

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