Mukesh Ambani RIL
Reliance Industries Enters into a JV with Carrizo Oil & Gas
Reliance Industries Limited (RIL) today announced that its subsidiary, Reliance Marcellus II, LLC, has signed definitive transaction agreements to enter into a Marcellus Shale joint venture with United States based Carrizo Oil & Gas, Inc. (NASDAQ: CRZO).
Under the proposed transaction, Reliance will acquire a 60% interest in Marcellus Shale acreage in Central and Northeast Pennsylvania [...]
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 [...]
Mukesh Ambani: Thumbs up to Budget
Presenting a broadly acceptable Budget for a country of India’s size and complexities is always a formidable task. It is especially so in such difficult and uncertain times as we are passing through these days, when the entire economy and polity are so severely buffeted by clashing sectional and sectoral demands. The Finance Minister, therefore, [...]
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