Reliance"€"bp Deal Wins Euromoney Deals Of The Year 2011 Award By: Chintan Shah | - The eventual realization of the deal between Mukesh Ambani-owned Reliance Industries Limited (RIL) and Robert Dudley-led London based energy giant BP Plc. was recently acknowledged by the UK based business and finance publication Euromoney as one of the winners of Euromoney Deals of the year 2011 award.
The $9 billion deal, which caught global attention for its sheer scale and scope, was one of the most talked about and scrutinized deals of 2011. It saw the coming together two of t ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Ril Acquires Us $400 Million Loan For Ambitious Petrochemicals Project By: Chintan Shah | - Taking one more step towards realizing its global ambitions, Mukesh Ambani-led Reliance Industries Limited (RIL) has cited plans for expanding its Jamnagar facility so as to double its petrochemicals production within the coming years. The Jamnagar phase three expansion project, popularly called as the J-3 mega petrochemicals project, is the latest of the ambitious plans RIL has in store as it looks at advancing its position in the global market. In order to fulfil this ambition, Reliance Indust ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Reliance Industries Gears Up For Its Biggest Ever Share Buyout By: Chintan Shah | - Mukesh Ambani led Reliance Industries Limited (RIL) is all set to announce one of its biggest every share buyout programs, which could possibly become one of the biggest such programs in the Indian corporate history. This move to buy back shares comes at a time when RIL is looking to boost its share price which has walked on a receding graph over the last year. However, even in the anticipation of the event, RIL saw an immediate 5% shoot in its share price on Wednesday, increasing shareholder we ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Ril Enters Memorandum Of Understanding With Tv18 And Network18 By: Chintan Shah | - 3rd January, 2012: Reliance Industries Limited has divested its interest in ETV Channels to TV18 Broadcast Limited (TV18). RIL announced that Infotel, RILs subsidiary has inked a Memorandum of Understanding with TV18 and Network18 Media and Investments Limited. By signing the MOU agreement, Infotel gets preferential access to all content of the above mentioned companies, for distribution through the 4G Network being setup by Infotel.
Infotel is geared up to set a pan India world class ... Tags:RIL, Reliance, Reliance Group, Reliance Industries
Ril Likely To Receive Approval For $1.5 Billion Investment In Kg Basin By: Chintan Shah | - The energy rich Krishna-Godavari basin, controlled and developed by Mukesh Ambani led Reliance Industries Limited (RIL), may receive a fresh set of investment following a likely approval from the government for further development of the acreage.
Reliance Industries officials had submitted a proposal to the KG-D6 oversight committee which cited development of four additional satellite fields in the in KG-D6 block, namely Dhirubhai-2, 6, 19 and 22 (D-2, D-6, D-19 and D-22) fields. These fi ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Reliance Industries To Support To Mumbai Surveillance Project By: Chintan Shah | - Mukesh Ambani-led Reliance Industries Limited (RIL), in association with Siemens AG, has joined forces along with other leading private sector companies to support an initiative by the Maharashtra state government that aims to secure Mumbai by installing home land security systems, such as video surveillance cameras, command and control centers and data serves across the city. Apart from Reliance Industries Siemens, the state government has shortlisted six other syndicates for this project, i ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Mukesh Ambani All Set To Lead Reliance Industries Into New Wave Of Growth By: Chintan Shah | - Reliance Industries Limited (RIL), Indias largest private sector company in terms of market capitalization, is a pioneer in the countrys core sectors of energy and petroleum (E&P), petrochemicals and retail. And with 2012 on the horizon, the company is looking to expand its scope beyond these realms. Led by Chairman of RIL, Mukesh Ambani, the company is now gearing up to take on additional sectors to prompt its new phase of growth a growth led by forging global partnerships and diversi ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Ril-bp To Kick Start Sourcing And Marketing Of Natural Gas By: Chintan Shah | - India Gas Solution, a 50:50 joint venture between Mukesh Ambani-led Reliance Industries Limited (RIL) and London based energy company BP Plc, has set rolling its plans to source and market natural gas in India. As a part of this objective, the joint venture partners are eyeing plans to set up three Liquefied Natural Gas (LNG) terminals in the eastern and western sea board of India.
Reliance Industries and BP signed a long-term deal as a part of which BP will stake 30 per cent share in 21 o ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Ril Acquires 38.5% Stakes In Extramarks Education By: Chintan Shah | - Reliance Infotel, a communication based subsidiary of Mukesh Ambani owned Reliance Industries Limited acquired 38.5% stake in Extramarks Education, a firm which provides digital learning in all parts of India. By acquiring these stakes, Infotel plans to strengthen its content pipeline to pioneer 4G revolution in India.
Reliance Infotel invested in Extramarks Education through an affiliate company Reliance Strategic Investments. Details about the amounted invested remain undisclosed. Sourc ... Tags:RIL, Reliance Industries, Mukesh Ambani, Reliance
Ril And Rcom To Tie-up For Revolutionizing 4g In India By: Chintan Shah | - Mukesh Ambani owned Reliance Industries Limited to tie-up with younger brother Anil Ambanis Reliance Communication to revolutionize 4G in India. RIL is likely to use RComs access systems, fiber-optic backbone, international cable systems and internet gateways to provide high-speed data services. This will be the first major collaboration between the Ambani brothers since the division of Reliance conglomerate in 2005.
Ril And Bp Chalk Out Plans To Increase Kg-d6 Output By 2014 By: Chintan Shah | - Mukesh Ambani led Reliance Industries Limited (RIL), with technical assistance from BP Plc, is looking to reverse the slump in the output of KG-D6 gas field and boost production within the next three years. Mukesh Ambani met with BPs CEO Bob Dudley on his two day visit to India, and discussed the likely procedures the venture partners could follow to increase KG-D6s output.
Mukesh Ambani and Bob Dudley met with commerce minister Anand Sharma and petroleum minister S. Jaipal Reddy an ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Moody"€™s: "€˜impact On Ril"€™s Overall Financial Health Because Of Lowered Gas Output To Be Modest" By: Chintan Shah | - Moodys Investor Service, a rating agency, ascertained that the decrease in gas output in KG-D6 field, owned and run by Mukesh Ambani led Reliance Industries Limited (RIL), is likely to have only a modest impact on RILs overall financial health. The decrease in gas output could push back companys cash flow by a small margin, but given that RIL and BP have joined forces to combat the slump in gas output; it is likely the situation will turn around sooner than anticipated.
Following ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Robert Dudley"€™s To Visit India, To Meet Ril Executives By: Chintan Shah | - Robert Dudley, BPs Group Chief Executive is on his 2nd visit to India, to meet Government Ministers and RIL Executives. He marked his first visit for BPs historic partnership with Reliance Industries Ltd. and his 2nd visit will certainly be for a more significant reason.
BP is into finding, extracting and moving oil and gas, operating across 6 continents and over 100 countries. RIL-BP partnership includes BP taking 30% stake in 23 oil and gas production sharing contracts that Relianc ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Technical Experts Support Ril"€™s Stand In Kg-d6 Audit Report Reply By: Chintan Shah | - After Comptroller and Audit General (CAG) hot pressed Reliance Industries Limited (RIL) for allegedly overstating its cost expenditure incurred on account of KG-D6 gas block and for violating production sharing contract (PSC), technical experts from the field have stepped up to possibly detach alleged allegations from factual reality and present an objective view of the situation that has now been subjected to barefaced assertions and no definite agreement.
Ernst & Young a global consulti ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Reliance Industries Looking At Overseas Acquisitions Following Ril-bp Deal By: Chintan Shah | - In an effort to utilize the funds generated from the $ 10 million deal with London based energy major BP Plc, Mukesh Ambani run Reliance Industries Limited (RIL) is looking to buy out overseas assets in the petrochemical business and utilize the cheap valuations available in the US and UK markets t leverage its overseas plans.
Presently, RIL is eyeing Netherlands based petrochemical company LyondellBasell as a prospect acquisition asset, sensing good value in the company at current prices. ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Mukesh Ambani Appoints Navin Wadhwani As Head Of Its M&a Division By: Chintan Shah | - Reliance Industries Ltd. (RIL) has hired Navin Wadhwani, currently managing director at NM Rothschild and Sons (India) Pvt. Ltd., to head its M&A division. Manoj Modi, a close aide of Mukesh Ambani, confirmed the news but hasnt commented on it per se. This appointment is in tune with RILs plans to diversify into newer areas with the $9 billion profit in its coffers.
Mukesh Ambani, in his annual report to shareholders for the 2010-11, outlined the fact that the corporate giant was gea ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Reliance Industries, In Association With Cnn-ibn, Honors Unsung Heroes Of India By: Chintan Shah | - Reliance Industries Limited (RIL), Indias largest private sector enterprise owned by industrialist Mukesh Ambani, in association with Indias leading news network CNN-IBN, commemorated many a selfless good-doers of modern Indian society at the 4th Edition of Real Heroes Awards 2011. The event felicitated those unsung heroes who have catered to the betterment of humanity by dedicating their life towards the cause with unwavering determination and courage. The 24 winners felicitated at ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Ril Set To Claim Bharti"€™s Stake In Axa Jv; Cci Gives A Go-ahead By: Chintan Shah | - Mukesh Ambani led Reliance Industries Limited (RIL) has been awarded an official sanction from the Competition Commission of India (CCI) for buying out Bharti group's 74 per cent stake in insurance joint ventures with AXA of France. RIL - Bharti AXA deal is first deal to be cleared by CCI since June, as per the newly framed competitive law.
As per the competition law that went effective starting June 1, all high value deals need to have clearance of CCI - the monopoly watchdog. A merger d ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Ril "€" Bp Deal Gets The Green Flag From Finance Ministry By: Chintan Shah | - Mukesh Ambani led Reliance Industries Limited (RIL), Indias largest private sector conglomerate, has been grated sanction from the finance ministry for its much acclaimed RIL-BP Plc deal. The RIL-BP deal, signed earlier this February, will see BP stake a 30 per cent share in Reliances 23 oil and gas exploration blocks, including its most prolific block off the cost of Andhra Pradesh, the Krishna - Godavari (KG D6) block.
Reliance Industries officials had sighted a formal approval fr ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Ril-bp Deal To Get A Nod Of Approval From Cabinet By: Chintan Shah | - Despite speculations of a deemed approval already in place, the oil ministry, on Wednesday, said that it has recommended the $ 7.2 billion (Rs. 32,400 crore) RIL-BP deal to the Cabinet Committee on Economic Affairs (CCEA) for a concrete sanction from the body. The petroleum ministry has supported the proposal that foresees Mukesh Ambani owned Reliance Industries Limited (RIL) delegate a 30 per cent stake in its 23 oil and gas blocks, including RILs gas producing KG D6 block one of nation ... Tags:Mukesh Ambani, Reliance, Reliance Industries, RIL
Ril: Bearing The Brunt Of Paralytic Governance By: Chintan Shah | - Mukesh Ambani led Reliance Industries Limited (RIL) is Indias largest private sector enterprise. With world class core energy operations and an across-the-board range of business functions, RIL leads the industrial pack with its dynamic abilities and execution process. And yet, a company as far-reaching as RIL is rendered as a subject of suspicion every time a process falters.
Reliance Industries Gives The Gift Of Education To Children Of Jamnagar By: Chintan Shah | - Mukesh Ambani led Reliance Industries Limited (RIL), Indias largest private sector enterprise and energy giant, amped up its corporate social responsibility in the hub of its core energy operations in the district of Jamnagar, Gujarat where representatives from RIL came in support of driving education opportunities for children in the RIL tenanted area.
This promotional drive saw representatives from Reliance family, along with local administrative heads, distribute 1545 school- ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Reliance Trends Marks Its Entry In Ujjain By: Chintan Shah | - Reliance Trends, the apparel, luggage and accessories specialty format from the retail arm of Reliance Industries Limited (RIL), lodged its most recent footprint in the state of Madhya Pradesh in the holy city of Ujjain at the Treasure Bazaar Mall, Nanakheda. Spread across 18,000 sq. ft of space, the latest Reliance Trends outlet is a first of its kind for the city, offering over 100 domestic and international brands under one roof, also marking the fourth Reliance Trends store in the bustling s ... Tags:Reliance, Mukesh Ambani, RIL, Reliance Industries
Nita Ambani: Fending For Education And Empowerment By: Chintan Shah | - An ardent educationist, Nita Ambani, wife of Mukesh Ambani, chairman of Reliance Industries Limited (RIL), has for long supported the cause of education for all. And today, she leaves no stone unturned when it comes to making this dream a concrete reality.
For long, Nita Ambani has shared the dream of seeing India as a nation of educated and empowered youth, one where every young individual is skilled and knowledgeable enough to work towards the betterment of themselves and also t ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL, Nita Ambani
Building All-embracing Partnerships Is The Mantra For Modern Ril By: Chintan Shah | - In its efforts to reach high growth levels, Mukesh Ambani led Reliance Industries Limited (RIL) is now shifting focus towards building wholesome, long-lasting and sustainable partnerships with other business majors, as well as its customers.
Recognizing the shift in market towards sustaining fortifying relationships with customers and business partners alike, Mukesh Ambani has now steered his conglomerate to envelop this quality deeply into its systems. Moving from 'Think Growth, ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Nita Ambani: Its"€™ About Being Edusmart! By: Chintan Shah | - The Ambani lineage is known to be a valiant force in India. Not only is Reliance Industries Limited (RIL) the most powerful brand and company in India today, the trust and respect it commands is just as unfathomable. Giving back to the society has always been the vision of its founder and late patriarch, Dhirubhai Ambani, and taking the vision to realization is his daughter-in-law Nita Ambani.
Mukesh Ambani And Ril: Soaring To Global Heights By: Chintan Shah | - Mukesh Ambani and Reliance Industries Limited (RIL) are synonymous entities. Each is incomplete without the other and in retrospect; the success of one is inevitably the consequent of the other. In the last 20 years, Reliance Industries has established for itself a profound standing in the sectors of energy, petroleum and petrochemicals, with the end of the 20th century marking the resinous seal for the same. The dawn of the new century brought with the prospect of branching out into far reachin ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Reliance Timeout Summer Carnival 2011 By: Chintan Shah | - Reliance TimeOut, a specialty retail format under Mukesh Ambani run Reliance Industries Limited (RIL), is back with its summer carnival bonanza in the uber effervescent city of Bangalore. This much awaited occasion promises two months of exciting fun, interesting activities and great offers on products at Reliance TimeOut outlets for both children and their parents.
Reliance Brands: Making A Vip Impression By: Chintan Shah | - In keeping up with the vogue times, Reliance Brands, a retail subsidiary of Mukesh Ambani led Reliance Industries Limited (RIL), has come up with an innovative concept that aims to attract the high-end consumers towards this fast growing apparel and accessories chain of stores from the house of Reliance.
Bringing in the new wave of finer customer services, Reliance Brands has come up with the concept of a VIP room for its high-end customers whereby an exclusive room is booked for a ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Reliance Trends To Spin With "€˜spinner By Shane Warne"€™ By: Chintan Shah | - Reliance Trends, a specialty format under Mukesh Ambani run Reliance Industries Limited (RIL), has tied up Australian major Lime Door Brands (LMB) to launch their latest sportswear collection designed by world renowned cricketer Shane Warne. The collection has been symbolically titled Spinner by Shane Warne and is likely to hit Reliances stores within a short period of time.
Ril-bp Venture Gets Up And Running By: Chintan Shah | - The joint venture between Mukesh Ambani run Reliance Industries Limited (RIL) and British Petroleum (BP), which was inked into reality nearly three months ago, has finally been put into operational mode as mandates from both parties get finalized.
The deal which was embedded in Indian business history as the largest ever deal to be signed on Indian turfs, generating the largest Foreign Direct Investment (FDI) so far, saw the British major claim 30 per cent stake in 23 oil and gas e ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Ril Gets Going With Its Large Polyester Project By: Chintan Shah | - Mukesh Ambani run Reliance Industries Limited (RIL), Indias largest private sector company, is now enroute a major development process. It announced on Wednesday that RIL has commenced implementation of world-scale polyester projects across India, to strengthen its position as the worlds largest integrated polyester producer.
In its official statement, RIL reported that the global supply constraints, substantial price increase and uncertain outlook for cotton availability is c ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Ril And Ntpc Join Forces To Ease Gas Shortage In Andhra Pradesh By: Chintan Shah | - Mukesh Ambani run Reliance Industries Limited (RIL) has decided to lock hands with the National Thermal Power Corporation (NTPC) in an effort to ensure increased supply of gas to Andhra Pradesh power projects. Gas marketer and transporter Gas Authority of India Limited (GAIL) will also be a part of this arrangement.
As per the proposed deal, the NTPC power plants in North India will get regassified liquefied natural gas (RNLG) through the GAIL pipeline, while the share of gas it get ... Tags:Reliance, Reliance Industries, Mukesh Ambani, RIL
Nita Ambani: The Tour De Force Behind Mumbai Indians By: Chintan Shah | - Nita Ambani has forever been regarded as the wife of Mukesh Ambani the chairman of Reliance Industries Limited (RIL) and the owner of the Indian Premier League franchise of Mumbai Indians. Having been behind the scenes for the first two years, Nita Ambani has now surfaced to support her team in full gusto and enthusiasm as they step into the fourth season of IPL.
Ril Unleashes Its Lte Tdd Plans By: Chintan Shah | - In their effort to jumpstart the country's broadband wireless access (BWA) services market, Reliance Industries Limited (RIL), Indias largest private sector enterprise run by Mukesh Ambani, has recently pumped out its plans to team up with diverse partners in order to roll out their Long Term Evolution Time Division Duplex (LTE TDD) network in India.
RIL is set to be in the fore-front of LTE TDD ecosystem in India, thereby becoming the first Indian telecom operator to deploy a te ... Tags:Reliance, Reliance Industries, RIL, Mukesh Ambani
Reliance Retail"€™s Vision Express Sets Up Its 103rd Store In Bangalore By: Chintan Shah | - Reliance Retail, a subsidiary of Mukesh Ambani owned Reliance Industries Limited (RIL); along with its partner GrandVision B.V. celebrated the launch of their 103rd Vision Express store in the buzzing city of Bangalore. A budding enterprise in the optical wear industry, the new Vision Express store has been set up at MG Road, near Barton Centre, Bangalore. The store was inaugurated by Bijou Kurien, President & Chief Executive Lifestyle, Reliance Retail Ltd. The launch of their 103rd store ... Tags:Reliance, Reliance Industries, RIL, Mukesh Ambani
Mukesh Ambani"€™s Man, Manoj Modi Headed The Ril Jv With De Shaw Group By: Chintan Shah | - Mukesh Ambani run Reliance Industries Limited (RIL) becomes a part of the financial services sector of India via a joint venture with DE Shaw group of financial services, a $ 20 billion hedge fund founded by the American mathematician David Shaw.
Chairman Mukesh Ambani stated that, "Reliance is delighted to partner with D E Shaw group in the financial services domain. DE Shaw group is a natural partner for Reliance. Together, we look forward to participating in the growing Indian f ... Tags:Mukesh Ambani, RIL, Reliance Industries, Reliance
A New Programme By Ril To Nurture Future Leaders By: Chintan Shah | - Reliance Industries Limited (RIL), under the guidance of its chairman Mukesh Ambani, has decided to propel a new programme under its banner that will aim at nurturing young, talented minds into becoming future leaders of the country. Accelerated Leadership Programme (ALP) is designed to develop a highly skilled and performance-oriented unit of fortified individuals who will most likely take up senior positions in the organization over the next few years.
Ril-bp Deal To Concretize In Next 6 Months; Benefits Attract Both By: Chintan Shah | - Reliance Industries Limiteds chairman Mukesh Ambani signed a deal last week that may just tread enroute a promising path for not just the company but for all its relative associate stations. Just a few days after (RIL) and British Petroleum (BP) announced their $20 billion transformational deal; many of the future operational details are finally being inked in specificity.
Mukesh Ambani: The Delta Force By: Chintan Shah | - For a person like Mukesh Ambani, chairman of Indias largest private sector company Reliance Industries Limited (RIL), business is not just a matter of numbers. It is a matter of making any deal, a cracker one. A simple man with high ambitions is what truly epitomizes this personality and his work ethics, and this is what makes him more than just an avid deal maker.
Son of a school teacher, Mukesh Ambanis lineage speaks proud of the heritage of purist of excellence in each and every e ... Tags:Reliance, Reliance Industries, RIL, Mukesh Ambani
Ril-hazira Lng Sign A Two Year Pact By: Chintan Shah | - Mukesh Ambani, chairman of the ever so dynamic Reliance Industries Limited (RIL) has decided to sign a two year pact with Hazira LNG Pvt Ltd, to import a spot liquefied natural gas (LNG) from April onwards.
Recently, BP- worlds largest energy enterprise- announced its joint venture with Reliance Industries whereby it would acquire a 30% stake in 23 of Reliance's oil and gas exploration blocks in India and as part of this deal, the two firms have decided to form an equal joint venture ... Tags:Reliance Industries limited, RIL, Mukesh Ambani
Ril-bp Deal: The Pursuit For Techexcellence By: Chintan Shah | - The $9 billion deal that Mukesh Ambani, chairman of Reliance Industries Limited (RIL) signed with BP on Monday, may just be a mark of the fact that pursuit of excellence is a crucial catalyst for this redoubtable enterprise.
On Monday, BP- the owner of worlds leading deep-sea oil and gas exploration squad decided to pay up Reliance $7.2 billion for a 30% stake in 23 exploration blocks, plus $1.8 billion for future explorations, leaving RIL with a 60% stake in blocks; where its part ... Tags:Reliance, Reliance Industries, RIL, Mukesh Ambani
Ril Hires Advisors To Assess Atlas Options By: Chintan Shah | - One of worlds largest conglomerates in energy sector, Reliance Industries Limited (RIL) is set to take stock of options so as to decide whether or not to challenge Chevron Corps bid for Atlas Energy Inc.
RIL was reported quoting, We believe Reliance, as Atlas Energy's joint venture partner and a company with substantial financial resources, would have been the most natural and obvious potential transaction partner for Atlas Energy.
This Indian energy major, led by ... Tags:Reliance Industries limited, RIL, Mukesh Ambani
Ril Registers Record Net Profit Of Rs. 5123 Crore By: Chintan Shah | - Spearheaded by Mukesh Ambani, Indias largest conglomerate Reliance Industries Limited (RIL) reported a record growth of 28% in its quarterly net profit as it earned more dollars for each barrel of oil it refined as demand from recuperating western countries boosted the petrochemicals business to its best-ever performance.
Due to strong Gross Refining Margins (GRM) and high selling price of crude oil, the company was able to enjoy a tremendous profit amount that borders on Rs. ... Tags:Reliance Industries Limited, RIL, Mukesh Ambani
Ril Eyes Business Revamp By 2012 By: Chintan Shah | - Reliance Industries Limited (RIL) has decided to change it course of function in order to transform its existing business structure into a process-driven unit. This Mukesh Ambani run monolith has big plans for transformation; an ambitious two-year plan to overhaul the global image of the textiles-to-oil conglomerate to be concluded by FY 2012.
Reliance Industries has been Indias largest private sector enterprise for many years now and it was time this mega giant altered its course of ac ... Tags:Reliance Industries Limited, Mukesh Ambani, RIL
Ril Enters In A Joint Venture With Russia"€™s Sibur By: Chintan Shah | - Indias largest private sector company Reliance Industries Limited (RIL) and the leading Russian petrochemical company SIBUR announced on Tuesday a joint venture for the production of butyl rubber in India with investments worth $450 million, with RIL holding a majority stake in the venture. The agreement was signed yesterday as a part of the Russian President Dmitry Medvedevs visit to India meant to establish collateral deals in the field of military and energy.
Joining in the latest ... Tags:Reliance Industries Limited, Mukesh Ambani, RIL
Ril In The Fortune India 500 List By: Chintan Shah | - Industrialist Mukesh Ambani led Reliance India Limited (RIL) has ranked second in the Fortune India 500 list compiled by business magazine Fortune in its December 2010 edition released on Thursday.
In the first-ever Fortune list of Indian companies, RIL contended one of the top spots second only to Indian Oil Corporation that managed the top slot as compared to State Bank of India and Bharat Petroleum Corporation who acquired third and fourth places, respectively. The list includes ... Tags:Reliance Industries Limited, Mukesh Ambani Reliance, RIL
Reliance Industries Owned (ril) Owned Hazira Manufacturing Site Receives 5-star Recognition By: Chintan Shah | - The Hazira Manufacturing Site of Reliance Industries Limited (RIL) has received 5-Star recognition from British Safety Council (BSC), for its beyond compliance initiatives, best practices, innovations and resource conservation efforts. The site is already a BSC 5-Star / Sword of Honor recipient for safety.
The story goes this way; RILs Hazira Manufacturing site was extensively audited during 13th to 16th October 2010 by Mr. Richard Failey, a British Safety Council auditor from UK ... Tags:Reliance Industries Limited, Mukesh Ambani Reliance, RIL
Mukesh Ambani"€™s Ril In Talks With Alcatel-lucent By: Chintan Shah | - Mukesh Ambanis 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 talks with most of the people who have won the spectrum. These majors include India's largest listed conglomerate, Reliance Industri ... Tags:Reliance, Reliance Industries, Reliance Group, RIL
Adag & Ril Awaiting Conclusion Of The Reliance Saga By: Rajiv Patel | - The RIL RNRL Gas Dispute as it came to be known is yet awaiting its final conclusion which will be the judgment from the Supreme Court of India. The dispute stemmed when ADAG controlled RNRL demanded a supply of gas from the D6 block in the Krishna-Godavari eastern offshore fields of the Mukesh Ambani-controlled (Reliance Industries) RIL at $2.34 (Rs. 112) per MMBTU (Million Metric British Thermal Units). RIL rejected the demand on the grounds that the Government approved rate is $4.2 (Rs. 201) ... Tags:Mukesh Ambani, Reliance, Reliance Industries, Reliance Group, RIL
