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 […]
Reliance Retail, promoted by Reliance Industries, has opened 700 stores in 14 different formats in 60 cities of the country in the last two years of its operation.
Its food and grocery chain Reliance Fresh has 600 stores across the country.
“We estimate that our retail business will generate in excess of half a million jobs directly […]
Mukesh Ambani led Reliance Industries (RIL) will commission its new refinery at Jamnagar this year. The new refinery will process 580,000 barrels of crude every day.
With the new facility, the total refining capacity at its Jamnagar complex will go up from 0.66 million barrels to 1.24 million barrels. Jamnagar will acount for 2 per cent […]
Reliance Industries Ltd., India’s largest company by market value, will start selling natural gas this year at the equivalent of a fifth of global prices, easing the nation’s import bill at a time of record crude oil costs.
Reliance will sell gas at $25.20 a barrel of oil equivalent, compared with more than $135 in global […]
Reliance Industries Ltd plans to expand its polyester business, including by acquisitions, and the refinery of a subsidiary would open ahead of schedule this year, chairman Mukesh Ambani said on Thursday.
Ambani, ranked by Forbes Magazine as the world’s fifth-richest man, also told a shareholders’ meeting that Reliance would seek opportunities in alternative energy as a […]
Anil Ambani group firm Reliance Big Entertainment on Sunday made its foray into Hollywood, with the announcement of development deals with celebrities including Angelina Jolie, Julia Roberts, Brad Pitt and Nicolas Cage.
Reliance Big Entertainment, the media and entertainment company of the Reliance ADA Group, said that it will provide development funds to eight Hollywood production […]
