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South Korean Finance Industry Veteran Ends 47-Year Career
SEOUL – Kim Seung-yu, chairman of Hana Financial Group Inc. (086790.SE) and one of the most prominent figures in the history of South Korean finance, said Sunday he will step down from the post later this month, ending 47 years during which he built …
Reliance Industries: Investment Arm Raises Stake In EIH To 18.52%
The buy makes Reliance Industries–India's largest listed company by market value–the second-biggest shareholder in EIH, after the founder group. It has now surpassed ITC Ltd. (500875.BY), which holds a 14.98% stake as of Dec. 31.See all stories o…
Reliance Industries: Investment Arm Raises Stake In EIH To 18.52%
MUMBAI – Reliance Industries Investment & Holding Pvt. Ltd., an entity owned by Reliance Industries Ltd. (500325.BY), Friday bought an additional 3.72% stake in hotel operator EIH Ltd. (500840.BY) for INR1.92 billion, increasing its shareholding …
Reliance Industries To Restart Jamnagar CDU Later This Week -Official
SINGAPORE – Reliance Industries Ltd. (500325.BY) will restart a 290000-barrel-a-day crude distillation unit at its Jamnagar refinery complex in western India after a planned shutdown in mid-February, a company official, said Wednesday.See all stories…
BP-Reliance To Present KG-D6 Development Plan To India Government In A Few Weeks
NEW DELHI – BP PLC (BP) and Reliance Industries Ltd. (500325.BY) will jointly submit a proposal to the Indian government containing plans to develop the D6 block, including satellite fields, in the east coast Krishna-Godavari basin, …See all storie…
Reliance Industries Bond Tap Highlights Evolving Role Of Asian Banks
SINGAPORE – Reliance Industries Ltd.'s (500325.BY) debt offering overnight is the latest in a series of bond taps by Asian firms since the start of the year, and highlights the fact that the region's banks aren't in a position to provide …
Reliance Brands, Iconix Brand Form Joint Venture For India
BANGALORE – Reliance Brands Ltd., a unit of Indian conglomerate Reliance Industries Ltd. (500325.BY), said Wednesday it has formed a joint venture with Iconix Brand Group Inc. (ICON) to sell the US company's brands such as Ed Hardy, Mossimo, …S…
Reliance Industries, SIBUR To Form JV To Make Butyl Rubber In India
MUMBAI – Reliance Industries Ltd. (500325.BY) said Tuesday it has agreed to form a joint venture with Russian petrochemical company SIBUR to make 100000 metric tons of butyl rubber a year at Jamnagar in the western Indian state of Gujarat.See all sto…
Reliance Industries, SIBUR Form Indian Butyl Rubber JV
MUMBAI -(Dow Jones)- Reliance Industries Ltd. (500325.BY), India's largest listed company by market value, and Russia's largest petrochemical company SIBUR, Tuesday agreed to form a joint venture to make synthetic rubber for automobiles in Indi…
Reliance Infrastructure Oct-Dec Net Up A Tad; Costs Weigh
The company, part of billionaire Anil Ambani's diversified Reliance Group, said also that its materials and sub-contracting expenses almost tripled to INR24.77 billion from INR8.44 billion. Interest expenses jumped to INR3.28 billion from INR1.56 ….
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