Reliance Group
RIL will recover its cost in KG-D6 fields; majority supports the company’s efforts
Despite the best assertions of oil ministry, Mukesh Ambani led Reliance Industries Limited (RIL) stands to recover costs it incurred in the development of its much talked about oil and gas acreage – KG-D6 fields, after gathering a majority support from stake holders in the gas field.
Oil ministry and its technical arm Directorate General [...]
RIL Enters Memorandum Of Understanding with TV18 and Network18
3rd January, 2012: Reliance Industries Limited has divested its interest in ETV Channels to TV18 Broadcast Limited (TV18). RIL announced that Infotel, RIL’s subsidiary has inked a Memorandum of Understanding with TV18 and Network18 Media and Investments Limited. By signing the MOU agreement, Infotel gets preferential access to all content of the above mentioned companies, [...]
Mukesh Ambani optimistic even after the ouster of SEZ project
Mukesh Ambani, the eagle forte of India’s largest private sector enterprise –Reliance Industries Limited (RIL) – may be facing a bump in the road to his dream project realization, but this dynamic one is optimistic that his dream will be released soon; even if it has to switch locations.
MahaMumbai Special Economic Zone (MSEZ), a dream [...]
Reliance Industries Limited- The derivative of Excellence
When one looks at India from an industrious point of view, the picture becomes incensed with images of hardworking, determinant and value oriented people. But for most part, this image stands as an epos of a company that has for long been the symbol of trust, value belief systems and excellence unsurpassed. The house of [...]
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 [...]
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