Archive for the 'Reliance' Category

Reliance Sees $27 Bn India Savings From Gas

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 sees opportunities in polyester

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 forays into Hollywood

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 […]

Reliance Infratel IPO

Reliance Infratel IPO is expected to hit the Markets by July.
Allotment Status and Allocation details, listing date , listing price , analysis , recommendation , ipo announcements , ipo grade , allotment , date of ipo  will be updated once available

Ambani-promoted SEZ gets state R&R approval

The originally proposed 10,000-hectare Mumbai Special Economic Zone (MSEZ) project, being set up by Reliance Industries Chairman Mukesh Ambani and his associate Anand Jain on the outskirts of Navi Mumbai, appears to take off with the Maharashtra government clearing the developer’s rehabilitation and resettlement (R&R) package.
MSEZ Pvt Ltd, which is executing the project that will […]

Govt seizes 5 blocks from RIL

In a blow to Reliance Industries’ (RIL) exploration story, the government has confiscated the company’s five blocks in the Kerala-Konkan (KK) basin after it failed to meet the minimum work programme. Of the five blocks, one lies in offshore   shallow water and four in deepwater. RIL held seven blocks in the basin.
The director general of […]

Reliance Big Entertainment announces Films

Reliance Big Entertainment today announced plans to produce movies involving Brad Pitt , Jim carrey and Tom Hanks.
Each movies will be produced by individual production houses co- financed by Big Entertainment.

Reliance Big Entertainment Film Production

Reliance Big Entertainment to produce 69 films this year. Majority of them are through leading directors and production houses.
Reliance Big Rntertainment has plans of launching IPO later on.

RELIANCE INFRATEL IPO

RELIANCE INFRATEL IPO has been cleared by SEBI. Rel Infratel IPO is expected to hit the markets by June end.
This is a company owned by RELIANCE COMMUNICATIONS , an ADAG group company. As like any other reliance group ipo there is going to be heavy demand from retail […]

RIL’s new refinery to change market dynamics

When Reliance Industries (RIL) opens its second huge refinery in Jamnagar t= his summer, world oil consumers may heave a sigh of relief at the injection= of extra fuel into a market that has been short of capacity for years.
But the issue for physical oil traders is less about global fundamental= s than regional […]