Mukesh Ambani Reliance
Mukesh Ambani: Creating Opportunities, Not Placebos
India’s top corporate leader, Mukesh Ambani, who heads the country’s most valued firm, RIL, feels that the nation should go beyond mere lip service on financial inclusion and create millions of jobs for growth. Mukesh Ambani was awarded the NDTV Profit business leadership award which was presented to him by Finance Minister Pranab Mukherjee.
“Inclusion and [...]
RIL buys 3 mn barrels spot Brazil crude
Reliance Industries (RIL), operator of the world’s largest refining complex, bought around 3 million barrels of spot Brazilian crude to arrive in India in the next two months, industry sources said on Friday.
The move was made possible by weaker US crude prices versus European benchmark and lower freight rates, traders said.RIL bought from Petrobras a [...]
Fourth Gas Discovery by Reliance Industries
Reliance Industries has notched a fourth successive gas discovery in the KG-DWN-2003/1 (D3) exploration block in India’s Krishna Godavari basin off eastern India.
According to partner Hardy Oil & Gas, well KGV-D3-W1 was drilled to a measured TD of 3,501 m (11,486 ft) at a water depth of 1,653 m (5,423 ft). It encountered a gross [...]
RIL HELPS INDIA BECOME EXPORT KING
India has surpassed South Korea to become the largest petroleum products exporter in Asia. With the commissioning of a new refinery by Reliance Industries at Jamnagar and Essar Oil increasing refinery output at Vadinar, India overtook South Korea by mid-2009 and has since then consistently maintained the lead position.
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Mukesh Dhirubhai Ambani on World Economic Forum Board
Mukesh Dhirubhai Ambani, Chairman and Managing Director, Reliance Industries has been elected on board by the Foundation Board of the World Economic Forum.
Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, said, “We are honoured to have three distinguished new members of the Foundation Board. Mukesh Ambani will bring an extraordinary level of [...]
Mukesh Ambani – DE Shaw JV
The Mukesh Dhirubhai Ambani Group is close to signing a 50:50 joint venture with global private equity and hedge fund company DE Shaw to enter the financial services sector. After its recent entry into the telecom sector, energy giant Reliance Industries, controlled by billionaire Mukesh Ambani, might very soon sign a pact with global hedge [...]
Reliance Industries owned Infotel running WiMax trials
Reliance Industries owned RIL-Infotel, which is the pan-India winner of broadband wireless access (BWA) spectrum, has started trials of WiMax service as per industry sources.
Mukesh Ambani’s RIL-Infotel has installed, as per the source, five WiMax base station in which three are from Alvarion and two are from Samsung. The company is checking interoperability among various [...]
Mukesh Ambani named in UN Development Group
Reliance Industries remain on top of the list when it comes to being socially responsible or active. This time again they have hit it right with the United Nations naming Reliance Industries Chief Mukesh Ambani to a key advocacy group on Millennium Development Goals. As per the reports, this is an achievement for the corporate [...]
Mukesh Ambani to release Baiju Patil’s book this July
Top Industrialist Mukesh Ambani would release ‘Wildscapes’, a coffee table book on environment and wildlife protection, here on July 29.
The book is a collection of wildlife photographs by Aurangabad-based lensman Baiju Patil and is presented by Rajya Sabha member Vijay Darda, who is also Chairman of the Lokmat group of newspapers.
The images in the book [...]
RIL might taste success at Cauvery again
Mukesh Ambani-controlled Reliance Industries Ltd (RIL), which has tasted success in a block in the Cauvery basin, could be close to striking hydrocarbon in an adjacent block (Palar deepwater PR-DWN-2001/1) in the region.
The first success was in the CY-DWN-2001/2 (CY-III-D5) block.
The company has temporarily shifted focus to Cauvery-Palar offshore from the Krishna-Godavari Basin where it [...]
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