Tagged ril

Press Release

Joint venture between Ermenegildo Zegna Group and Reliance Brands Ltd

 Mumbai, September 16, 2010 - Ermenegildo Zegna Group, the world leader in luxury menswear, and Reliance Brands Ltd, a part of the Reliance Group has set up a joint venture to develop the Zegna brand in India. Read More
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Reliance bids for Solar Panels & BioMass Plants

 Mukesh Ambani-led Reliance Industries (Solar Group) and construction company Punj Llyod are among the five companies which have bid for solar power project to be set up in the Parliament House. Read More
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Mukesh Ambani's Reliance Industries to pick 60% stake in US shale-gas venture

 Mukesh Ambani led Reliance Industries announced that it will acquire 60 per cent stake in a shale-gas venture in the US for $ 392 million. Read More
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Mukesh Ambani Considers Foray into Financial Services

 The Mukesh Dhirubhai Ambani Group is close to signing an equal joint venture agreement with global private equity and hedge fund company DE Shaw to enter the financial services sector, the Economic Times reported today. Read More
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Reliance to bid for mega power plant

 Reliance Industries, India's biggest company by market value, plans to build at least one power plant in the country marking the oil company's entry into commercial electricity generation, two company officials said. Read More
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Mukesh Ambani flares up at AGM focusing on Reliance's core competencies

 Addressing an annual meeting of shareholders, Mukesh Ambani, the world's fourth-richest man, said Reliance Industries will continue to invest in the development of shale gas in North America as part of its strategy to become a significant player in t Read More
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RIL aims to Usher in Broadband Revolution in India

 Reliance Industries Limited (RIL) today announced that it has entered into an agreement to acquire a substantial stake in Infotel Broadband Services (P) Ltd. Read More
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RIL makes sixth oil discovery in block CB-ONN-2003/1

 Reliance Industries Limited (RIL) announced its sixth oil discovery in exploratory block CB-ONN-2003/1 (CB 10 A&B), awarded under the NELP-V round of exploration bidding. Read More
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Reliance Retail to launch jewellery store in Kolkata by October

 Reliance Retail Ltd (BOM:500325) plans to launch Reliance Jewels outlet in Kolkata by October. Reliance Industries shares closed tad down 0.03 per cent from the previous close on the Bombay Stock Exchange (BSE). Read More
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Sibur joins forces with RIL in Indian rubber deal

 Russia's leading petrochemicals group Sibur Holding is planning to join forces with Reliance Industries (RIL), India's top private sector company, to produce synthetic rubber in India. Read More
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Reliance Industries' Fifth Oil Find in Cambay Basin

 Reliance Industries Limited (RIL) announced its fifth oil discovery in exploration block CB-ONN-2003/1 (CB 10 A&B), awarded under the NELP-Vround of bidding. The block CB-ONN-2003/1 is located at a distance of about 130 kms from Ahmedabad, Gujarat, i Read More
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Mukesh Ambani: Crude oil price to rise above $100 a barrel

 Mukesh Ambani, Chairman and Managing Director of oil and petrochemicals giant Reliance Industries (RIL), said the Crude oil prices can rise to more than $100 a barrel due to sluggish refinery growth and high costs of new discoveries and production. Read More
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Reliance Industries enters hospitality sector

 After entering and ruling oil and gas and retail sectors, Reliance Industries (RIL) is now stepping into hospitality through a JV with Mumbai-based real estate company Maker Builders. They will build two hotels at the Bandra Kurla Complex in suburban Read More
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Mukesh Ambani's points were in line with Supreme Court verdict

 India's top court has given a unanimous verdict today on the Ambani gas row upholding the government's right to determine gas-pricing. The Supreme Court had finally given a judgment on the gas-pricing dispute between the Ambani brothers that has ra Read More
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Mukesh Ambani sees an Indian Century Ahead

 29th March 2010 saw the Chairman of the largest private sector company in India, Reliance Industries Ltd., the flagship concern of the Reliance Group, passing on his pearls of wisdom to the next generation of powers-that-be graduating from an institu Read More
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Nita Ambani - The Cricket Aficionado

 This year Mumbai Indians had a great run at the Indian Premier League season three and some of the credit if not all goes to the team's co-owner Mrs. Nita Ambani. Read More
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Nita Ambani: Beauty lies in the eye of the giver

 Eyes are windows to the world and if our sight does not support us, we become visually challenged. In India, thousands of underprivileged people are living impoverished lives just because they cannot see. Project Drishti, a nationwide corneal graftin Read More
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RIL emerges as most profitable company

 Mukesh Ambani led, Reliance Industries (RIL) - India's largest company by turnover and exports - is also set to become the country's single-largest profitable company in FY10, thanks to its second refinery at Jamnagar and KG basin gas, when i Read More
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Reliance Industries & GAIL look at Petrochem projects together

 Reliance Industries Limited (RIL) and GAIL (India) Limited today signed a Memorandum of Understanding (MoU) for Joint Co-operation in Petrochemicals. The MoU was signed in Mumbai by Shri A K Purwaha, Director (Business Development), GAIL and Shri Nik Read More
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Reliance joins hands with Deccan 360

 Reliance Industries Ltd (RIL), India's largest private sector company, has invested an undisclosed sum in Deccan 360, the cargo airline venture floated by aviation entrepreneur Captain G R Gopinath. Reliance Industries has made this investment thro Read More
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S & P affirms BBB rating on RIL

 Standard & Poor's Ratings Services said today that it had revised its outlook on India-based Reliance Industries Ltd. (RIL) to stable from negative. At the same time, we affirmed the 'BBB' long-term corporate credit rating on RIL and the 'BBB' issue Read More
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Reliance & IMG to set up elite sports institute

 Reliance Industries Limited (RIL) and IMG, the world's leading sports marketing and management company, announced an equal joint venture to develop, market and manage sports and entertainment in India. Read More
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Mukesh Ambani's RIL gets supports from Netherlands Govt. on LB bid

 The Dutch Government's Nodal Investment Agency says that they will support RIL's bid for LyondellBasell if the deal goes through. The Netherlands, which is supporting Mukesh Ambani's $12 billion plus bid for the Rotterdam based pet-chem giant, is Read More
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India to be showcased at World Economic Forum Davos Meet 2010

 The annual event would witness 2000 global leaders congregating to shape global, regional and industry agenda to find solutions to global challenges wherin India sees the Davos meet as an opportunity to engage with world participants that comprise a Read More
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Mukesh Ambani owned Reliance Retail Limited scores a ton with Reliance Jewels

 The competition in the branded jewelry segment in India is about to intensify with the Mukesh Ambani owned Reliance Retail Limited (RRL) recently declaring its mega foray into Jewelry Retail by opening 100 exclusive 'Reliance Jewels' outlets. Read More
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Reliance names Van De Vivjer as CEO of global business arm

 Reliance Industries (RIL)appoints Walter Van De Vivjer as president and chief executive officer chief executive officer of its international business subsidiary Reliance Exploration & Production DMCC (REP). Read More
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Reliance Bonus Bonanza: Value Creation through Continued Growth

 Reliance Industries Limited proposed a bonus issue of one share for every equity share held while maintaining the dividend at Rs. 13 per share in a bid to reward shareholders as the company completed a major cycle of value creation. Read More