Reliance Group Denounces Cobrapost’s Malicious Campaign

31 Oct 2025 CW Team

Reliance Group has strongly condemned a proposed press conference by Cobrapost — a now-defunct online platform — calling it a malicious campaign aimed at tarnishing the reputation of Reliance Infrastructure Reliance Power, Group Chairman Anil D. Ambani, and its over 55 lakh shareholders.

In response to media queries, the Group stated that certain corporate rivals, acting through intermediaries and associated entities, appear to be orchestrating a deliberate campaign of misinformation and defamation. The company alleged that the move is designed to create confusion, erode investor confidence, and manipulate market sentiment for vested commercial interests.

Reliance Group clarified that Cobrapost’s so-called “exposé” merely recycles old, publicly available information, misrepresented and taken out of context. These matters, it said, have already been reviewed by statutory authorities such as the CBI, ED, and SEBI, and many are currently sub judice before competent judicial forums. The Group warned that any public commentary on these cases may amount to contempt of court and interference with the judicial process.

The Group also raised concerns about alleged coercive tactics by individuals linked to Cobrapost, describing their conduct as unethical and potentially unlawful. It claimed that attempts were made to “settle” matters informally, which the Group views as blackmail and intimidation under the guise of journalism.

The Reliance Group reiterated its commitment to protecting the interests of shareholders and maintaining corporate integrity. It said it will pursue all appropriate legal remedies, including defamation and contempt proceedings, to counter such malicious actions.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..