Reliance Group
Reliance Industries Now Have a Slice of Oberoi hotels
It will now be Reliance Industries catering to your needs when you fine dine at The Trident or lay back in the lap of luxury at The Oberoi Hotel. Reliance Industries Limited, led by Mukesh Ambani, Asia’s richest man, announced that it had bought a 14.12 per cent stake in EIH Limited, which owns and [...]
Mukesh Ambani – New Role in Reel
India’s leading Industrialist Mukesh Ambani, CMD, Reliance Industries is now entering the world of Bollywood. According to sources, India’s Energy giant Mukesh Ambani and czar of Bollywood Yash Chopra might join hands to produce a film in the near future.
Mukesh Ambani’s Reliance Retail and Yashraj Films may float a 74:26 JV to set up multiplexes, [...]
Mukesh Ambani’s RIL in talks with Alcatel-Lucent
Mukesh Ambani’s RIL is now in talks with telecom equipment giant Alcatel-Lucent to procure broadband gear, a senior company official said.
Munish Seth, the newly appointed country head for the company’s Indian business, told reporters that Alcatel-Lucent expects the first set of broadband gear orders to come in early 2011. “We are in initial level of [...]
Marks and Spencer & Reliance Retail plans 15 stores by 2013
Marks and Spencer Reliance India, a joint venture between Mukesh Ambani-run Reliance Retail and UK-retailer Marks and Spencer Plc, intends to open 15 stores in two-years, mainly in the metros, a top company official said.
“We are looking to open 10-15 stores in the next two years mainly in the metros. We’re aiming to open larger [...]
Reliance Industries makes 7th oil discovery in Cambay
Reliance Industries Limited (RIL) has announced discovery of another oil well in Cambay basin.
This discovery, named ‘Dhirubhai–50’, the seventh oil discovery in the block so far, has been notified to the Government of India and to the Director General, Directorate General of Hydrocarbons. The potential commercial interest of the discovery is being ascertained through more [...]
Reliance Group might bid for Lyondell again, think Execs of the Dutch firm
Reliance Industries Limited, one of the India’s biggest groups keeps expanding itself globally as well as in the domestic Indian market. Reliance Industries Limited proposed a takeover of LyondellBasell, the third largest independent petrochemical company based in Netherlands last year. However in March, 2010, the company rejected a $14.5-billion takeover offer from RIL. According to [...]
Reliance Industries to tap US shale market, announces JV with Eagle Ford
Mukesh Ambani, chairman of Reliance Industries Limited, India’s most valuable private sector corporate, confirmed that the long term association with various US based companies to tap the Shale gas sector will be beneficial for the growth of RIL. Reliance Industries Limited announced that it is planning to have a joint venture with the US-based Pioneer [...]
RIL drawing up plans to foray into telecom space
The board of Reliance Industries (RIL) is believed to have approved plans to enter the Indian telecommunications sector when the opportunity arises, two persons familiar with the development told ET.
India’s largest private sector company is expected to go for only the lucrative corporate bandwidth market, or the business of selling telecom and internet services to [...]
Reliance Life Sciences and TAKE Solutions Enter Into a Strategic Alliance
TAKE Solutions Ltd. (BSE: 532890), leaders in Life Sciences and Supply Chain Management (SCM) products, announced that the company has entered into strategic partnership with Reliance Life Sciences to supply its unique and innovative PharmaReady eCTD, SPL and PPM modules. The seamless integration of TAKE Solutions’ technologically advanced products will not only support Reliance Life [...]
Reliance Industries looking to make low-cost 3G handsets
Mukesh Ambani-led Reliance Industries Ltd. is looking to partner with handset makers to produce low-cost 3G handsets in India, The Financial Express reported Thursday, citing unnamed executives familiar with the development.
According to the newspaper, Reliance Industries is also looking to make WiMAX application devices.
It added that the diversified company’s future plans include buying bulk air [...]
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