Reliance Industries
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 [...]
Reliance gas output to peak by FY12/13: Oil secy
Reliance Industries will be able to ramp up natural gas output from its Krishna-Godavari deep-sea fields to peak capacity of 80 million metric standard cubic metres a day (mmscmd) in the fiscal year to March 2013, Oil Secretary S. Sundareshan said on Wednesday.
The company is currently pumping 55-60 mmscmd, Sundareshan said.Reliance Industries was initially expected [...]
Mukesh Ambani bids for BP Tanzania assets
Mukesh Ambani has joined the race to buy the assets of the British Petroleum (BP) Company in Tanzania and three other African countries.
International industry sources said yesterday that Mr Ambani’s two firms, Reliance and Essar, had offered between $400 million (about Sh560 billion) and $500 million (Sh700 billion) for each of the BP Africa’s assets [...]
IMG Reliance to train sixteen U-14 Indian footballers to US
The joint venture by Reliance Industries Limited (RIL) and IMG to develop, market and manage sports in India has turned out to be a boon for Indian football as the first part of their partnership with the All India Football Federation (AIFF), the group has decided to sponsor 16 India U-14 boys to spend nine [...]
Reliance Q1 results see 32.3% jump
Mukesh Ambani group’s flagship company Reliance Industries (RIL) has announced its results for the quarter ended June 2010. It has reported a net profit at Rs. 4851 crore as against Rs. 3,666 crore which shows a clear growth of 33.42 per cent on year-on-year basis. A day after RIL reported its best-ever quarterly profit; it [...]
Nita Ambani – Brand Ambassador for Saakshar Bharat
According to the blueprint prepared by the ministry earlier this week, Nita Ambani, wife of Reliance Industries Ltd chairman Mukesh Ambani and co-owner of Mumbai Indians; Priyanka Vadra, daughter of Congress president Sonia Gandhi; Supriya Sule, member of Parliament (MP) and daughter of agriculture minister Sharad Pawar; and M. Kanimozhi, MP and daughter of Tamil [...]
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 [...]
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