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CNG in Delhi to cost Rs 2 more from midnight tonight
The hike was necessitated because IGL is being forced to buy expensive imported LNG due to a drop in supplies from Reliance Industries' eastern offshore KG-D6 gas field. Also, the rupee depreciation has made raw material — that is, natural gas fro…
Sensex down on Asian cues; Anil Ambani firm stocks fall
Reliance Capital was down nearly 7 per cent while Reliance Infra was trading 5.5 per cent lower. Reliance Power and Reliance Communications were down over 4 per cent. Reliance Mediaworks was also trading with 4 per cent cut. …See all stories on this …
Anil Ambani says exploring setting up 'Reliance Bank'
PTI, September 27, 2011 ( Mumbai ) Industrialist Anil Ambani on Tuesday said that his group's financial services arm Reliance Capital will explore all possible opportunities to enter the banking sector and plans to unlock value in all its major ……
JNNSM likely to see bids from HCC, Welspun Energy, Hiranandani Group
The process saw 37 companies including the likes of Reliance Power and Lanco winning contracts to build projects worth 650 MW for the government's ambitious scheme. Now as we get ready for round II several biggies are likely to throw in bids. …Se…
2G case: Court allows Law Ministry's letter on Swan to be placed on record
New Delhi: The Special CBI court, hearing the 2G spectrum scam case, has allowed the petition of the accused demanding that the Law Ministry's report on Swan and Reliance be placed on record. It means that the Law Ministry's opinion will now be…
Won't ignore CAG report, says BJP after Varun Gandhi questions silence
New Delhi: A day after Varun Gandhi questioned its silence on the government auditor's report indicting Reliance Industries, the Bharatiya Janata Party (BJP) today said there was no question of ignoring the the report. The young BJP MP had, …See …
Reliance Communications bags Rs 1400-crore order from HDFC
The Anil Ambani-led Reliance Communications (RCom) on Thursday said it has bagged a Rs 1400-crore order from private lender HDFC for building and maintaining its data centre. Under the deal, which would span over a period of 15 years, RCom will build a…
CAG looks to audit cost hike in Rajasthan fields by Cairn India
PTI, September 8, 2011, (New Delhi) While Reliance Industries raising KG-D6 field capex from $2.4 billion to $8.8 billion has been subject matter of various scrutinies, top auditor CAG wants a similar increase in spending by Cairn India on its …See a…
RIL may go ahead with plans to buy LyondellBasell again
Mukesh Ambani-led Reliance Industries Ltd (RIL) is planning overseas acquisitions by utilising over $10 billion available after selling 30 per cent stake to British Petroleum (BP). It is gearing up to hunt for attractive assets overseas in the …See a…
Anil Ambani, Sunil Mittal call for more emphasis on broadband
PTI, September 6, 2011, (New Delhi) Two top telecom companies Bharti Airtel and Reliance Communications today asked the government to give due recognition to broadband, which can bring in the next telecom revolution, with 3G also coming into the …See…
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