Lenders of Reliance Infra signal Debt Decision Settlement; Inventory jumped practically 11%

Anil Ambani-promoted Reliance Infrastructure (RInfra) on Thursday mentioned its lenders have entered into an inter-lender settlement (ICA) to implement the debt decision plan inside six months. The announcement triggered a rally in RInfra shares, which closed practically 11 per cent greater at 51.05 on the BSE. “16 lenders of RInfra have signed the ICA. … Read more

Reliance Infra slips 10% after Brickwork downgrades score

Shares of Reliance Infrastructure (RINFA) slipped 10 per cent to Rs 50 in morning commerce on BSE on Monday after score company Brickwork downgraded the corporate’s financial institution credit score services from ‘BWR C’ to ‘BWR D’. “The revision in score assigned to financial institution credit score services of Rs 1,151 crore of RInfra is … Read more