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Reliance Infra target price raised by JP Morgan
JP Morgan has raised target price of Reliance Infrastructure Ltd to 715 rupees from 575 rupees and maintained its overweight rating. The company's key businesses are turning around, albeit gradually, the Wall Street bank said. "However, severe cash flow problems in the electricity distribution business and leveraged loss-making infra SPVs (special purpose vehicles) have caused the stock to fall

MARKET EYE-Reliance Infra target price raised by JP Morgan
JP Morgan has raised target price of Reliance Infrastructure Ltd to 715 rupees from 575 rupees and maintained its overweight rating. The company's key businesses are turning around, albeit

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Delhi's Tata discom wants state aid

Tata Power Delhi Distribution (TPDD, earlier called North Delhi Power Ltd) has sought financial assistance from the city government to offset its operational losses. This comes on the heels of

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BSES asked to detail how dues will be cleared

Delhi power regulator DERC has directed distribution company BSES, an arm of Reliance Infrastructure (R-Infra), to present its plan for clearing dues of Rs 3,000 crore to power generation

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Worli-Haji sea link project faces further delay
State road authority to appoint retired SC judge for conciliation exercise with Reliance Infra.

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Anil Ambani group shares plunge amid telecom probe worry

Shares in Anil Ambani's Reliance Group firms plunged on Friday, a day after reports said the CBI was examining his role in an alleged multi-billion telecoms licensing scandal that has rocked the

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