tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Reliance Infrastructure Unaffected by CBI Actions on Sister Companies

Story Highlights
  • Reliance Infrastructure’s operations are unaffected by CBI actions on RCFL and RHFL.
  • Anil Ambani has not been involved with the boards of RCFL, RHFL, or Reliance Infrastructure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Reliance Infrastructure Unaffected by CBI Actions on Sister Companies

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An update from Reliance Infrastructure Limited ( (IN:RELINFRA) ) is now available.

Reliance Infrastructure Limited has announced that its operations remain unaffected by the recent Central Bureau of Investigation actions against Reliance Commercial Finance and Reliance Home Finance. The company clarified that there is no impact on its business operations, financial performance, or stakeholders, as the issues concerning RCFL and RHFL have been resolved with a change in management. Anil D. Ambani has not been involved with the boards of these companies or Reliance Infrastructure for several years, ensuring the independence and stability of Reliance Infrastructure’s governance and financial health.

More about Reliance Infrastructure Limited

Reliance Infrastructure Limited operates in the infrastructure sector, providing services and solutions in areas such as power, roads, metro rail, and airport development. The company focuses on delivering sustainable infrastructure projects and is a key player in the Indian market.

Average Trading Volume: 210,194

Technical Sentiment Signal: Buy

Current Market Cap: 110.5B INR

See more data about RELINFRA stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1