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Mukesh Ambani

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Warrant against RIL Chairman Mukesh Ambani withdrawn

Padmini Sudesh, the district president of Thrissur Consumer Disputes Redressal Forum, Kerala, has recalled the warrant against Chairman of Reliance Industries Limited (RIL) Mukesh Ambani after the company representatives deposited the dispute amount of Rs. 25,000 towards the case and filed an execution petition before the forum.
“The forum recalled the arrest warrant yesterday as Reliance [...]

Reliance strikes 4 deals for selling gasoil in 2012

Index heavyweight and India’s largest private sector oil and gas company Reliance Industries Limited (RIL) has concluded at least 4 term contract deals for 2012 in exporting gasoil. Reliance is keeping a close eye on many more prospective buyers say sources with direct knowledge of the matter.
The gasoil that is used as fuel in many [...]

Reliance Industries reclaims the title of ‘most influential company instock market index’

Industrialist Mukesh Ambani led Reliance Industries Limited (RIL), India’s largest private sector conglomerate, has reclaimed the title of being the most influential company in the Indian stock market, pushing the previous title-holder – Infosys – to the second position.RIL stood at 10.39 per cent at the end of Thursday’s trade, accounting the maximum weightage for [...]

Don’t Miss Out on the Diamond Rush at Reliance Jewels

Reliance Jewels launched ‘The Biggest Diamond Rush’, which started from December 1st to January 22nd 2012. The two month Diamond Rush will be hosted at all Reliance stores across the nation. Reliance is popular for providing incredible shopping experiences for its valuable customers. This new initiative is a step to take shopping for diamonds to [...]

RIL to hit data services market with 4G technology on Rs. 3500 tablet

Mukesh Ambani led Reliance Industries Limited (RIL), India’s largest private sector company by market valuation, is planning to alter the course of data services market altogether. Igniting this change will be RIL’s ambitious plan to roll out fourth generation (4G) mobile broadband services by the end of 2012, that too on attractively priced Rs. 3500 [...]

Reliance Industries to raise $1 billion to finance shale gas ventures

Mukesh Ambani-led Reliance Industries Limited (RIL), one of the world’s leading energy corporations, is planning to raise more than $1 billion to fund its up-and-coming shale gas ventures in the US. RIL will undertake this proposition by selling bonds to foreign investors in the 2.25-2.50% range, about 125-150 basis points above Libor. The funds thus [...]

Reliance Industries to support to Mumbai surveillance project

Mukesh Ambani-led Reliance Industries Limited (RIL), in association with Siemens AG, has joined forces along with other leading private sector companies to support an initiative by the Maharashtra state government that aims to secure Mumbai by installing home land security systems, such as video surveillance cameras, command and control centers and data serves across the [...]

Mukesh Ambani’s Meet with PM Surprises Media

November 24th, 2011: Mukesh Ambani, Chairman and Managing Director of India’s largest private sector conglomerate, Reliance Industries Limited surprised the media when he stepped out of Prime Minister, Manmohan Singh’s office. His presence in the Prime Minister’s office in Parliament was not known till after the end of his meeting with Manmohan Singh. When questioned [...]

Telecom Operators Await Telecom Commission’s Final Say

Department of Telecom has accepted recommendations for pricing 2G spectrum by the Telecom Regulatory Authority of India. The internal committee has rejected other proposals and the telecom commission will announce its final decision on November 28th. GSM mobile operators have their fingers crossed till the final decision.
The proposals rejected by the committee include those related [...]

Mukesh Ambani All Set to Lead Reliance Industries into New wave Of Growth

Reliance Industries Limited (RIL), India’s largest private sector company in terms of market capitalization, is a pioneer in the country’s core sectors of energy and petroleum (E&P), petrochemicals and retail. And with 2012 on the horizon, the company is looking to expand its scope beyond these realms. Led by Chairman of RIL, Mukesh Ambani, the [...]

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