Reliance Group
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 [...]
Coal to power RIL’s future ambitions
Reliance Industries, freed from its non-compete agreement with the Anil Dhirubhai Ambani Group (ADAG) that barred it from investing in high-growth sectors, is likely to make its first big-ticket investment in coal-fired power plants.
RIL, which is looking to invest surplus cash, is likely to settle on coal-based power plants thanks to the surging demand for [...]
Sibur joins forces with RIL in Indian rubber deal
Russia’s leading petrochemicals group Sibur Holding is planning to join forces with Reliance Industries (RIL), India’s top private sector company, to produce synthetic rubber in India.
Moscow-based Sibur and Reliance Industries (RIL) of Mumbai, India have signed a preliminary agreement to form a joint venture butyl rubber plant at Reliance’s integrated petrochemicals complex in Jamnagar. The [...]
Mukesh Ambani may enter telecom business with Idea, Videocon
Four years ago, the Ambani brothers parted ways dividing the Reliance Group into two with a promise they won’t compete against each other. In that partition, Anil Ambani walked away with Reliance Communications (RCOM), today the second-largest telecom company in India, which was incubated by elder brother Mukesh Ambani. Amid speculation that Mukesh may now [...]
RIL appoints Pawan Kapil as the executive director
Reliance Industries (RIL) has appointed the head of its Jamnagar refinery Pawan Kumar Kapil, 64, as executive director on its board, reflecting chairman Mukesh Ambani’s plan to professionalise the board of India’s largest private sector company.
Mr Kapil is the third home-grown professional to find a place on RIL’s board after Hardev Singh Kohli and PMS [...]
Reliance Industries enters hospitality sector
After entering and ruling oil and gas and retail sectors, Reliance Industries (RIL) is now stepping into hospitality through a JV with Mumbai-based real estate company Maker Builders. They will build two hotels at the Bandra Kurla Complex in suburban Mumbai.
The partners are in final talks with an international hotel chain listed in London — [...]
Mukesh Ambani sees an Indian Century Ahead
29th March 2010 saw the Chairman of the largest private sector company in India, Reliance Industries Ltd., the flagship concern of the Reliance Group, passing on his pearls of wisdom to the next generation of powers-that-be graduating from an institute declared to be among the top business schools in the world. The occasion was the [...]
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