Singhvi is joining as vice chairman of Reliance Natural Resources (RNRL), which is venturing into cement business. Reliance ADAG had last year announced plans to set up four cement plants of 5 million tonnes capacity each with a total investment of Rs 10,000 crore. Madhya Pradesh has been strategically selected as the location for all […]
Reliance Money, the broking and distribution arm of Anil Dhirubhai Ambani Group, today launched a new company along with Bahrain based Riyada Consulting, marking its foray into Saudi Arabia.
“We already have our presence in Oman and Dubai and our presence in SA will further compliment our efforts to have a larger role in the region,” […]
Anil Ambani firm likely to reject offer; RCom-MTN merger may be delayed.
Reliance Industries Ltd (RIL) has invited Reliance Communications for “mutual conciliation prior to arbitration” on the dispute over the latter’s bid to sew up a merger deal with MTN.
However, RCom is unlikely to accept the offer, indicating a lengthy court battle ahead and a […]
RIL Gas : Reliance Gas Production
RIL to begin production from KG-D6 block in Q3 of 2008
Reliance Industries will begin oil and gas production from its prolific eastern offshore D6 block in the third quarter of 2008 calendar year, the company’s junior partner Niko Resources of Canada has said.
Reliance is investing $5.2 […]
RIL Gas : Reliance Gas Production
RIL to begin production from KG-D6 block in Q3 of 200
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Reliance Exploration and Production, a subsidiary of Reliance Industries Limited (RIL) has signed here a cooperation agreement with the United Arab Emirates-based petroleum company Crescent Petroleum, a news agency reported on Wednesday.
The deal aims at establishing a framework for jointly developing industrial projects of mutual interest in the region’s energy sector that would include upstream […]
Movie studio DreamWorks SKG is close to a deal with Reliance ADA Group to form a new movie venture, the Wall Street Journal reported on Tuesday, citing people familiar with the talks.
The Journal said a deal with Reliance would give movie director Steven Spielberg the cash to finance his DreamWorks team’s departure from Viacom Inc’s […]
Mukesh Ambani, India’s richest man, has claimed he has the right of first refusal to buy his estranged brother’s mobile group, Reliance Communications (RCom), in an apparent bid to derail the company’s $70 billion merger talks with MTN, Africa’s largest wireless group.
Mukesh’s Ambani claim, which could jeopardise the creation of what would be one of […]
The Reliance Anil Dhirubhai Ambani Group looks set to be awarded two major power projects with a combined capacity of 3,250 megawatt (MW) at Allahabad in Uttar Pradesh after it quoted the lowest per unit cost of electricity, officials said on Friday.
The group’s Reliance Energy had made the bid for the 1,950 MW Bara project […]
The Reliance Retail Limited (RRL) announed the launch of its third Jewellery specialty store “Reliance Jewels” and the first in North India, in Ludhiana today.
Spread across two floors, the over 5000 sq feet store offers over 20,000 designs of exquisitely crafted jewellery from across the country to make it a one-stop shopping destination for fine […]
