Reliance raises $1 billion through overseas bond issue
February 10th, 2012 - 6:56 pm ICT by IANS
Mumbai, Feb 10 (IANS) Mukesh Ambani-led Reliance Industries Friday said its subsidiary, Reliance Holding USA, has issued bonds worth $1 billion to be used as capital expenditure."We are delighted to ... Read more...
Posted in Business |
Sensex rises 157 points; energy, metal stocks rally
January 27th, 2012 - 6:05 pm ICT by IANS
Mumbai, Jan 27 (IANS) A benchmark index for Indian equities markets closed 157 points higher Friday on the back of good buying support in oil and gas, metal, technology ... Read more...
Posted in Business |
RIL profit falls 13.55 percent, to buy back shares
January 20th, 2012 - 9:10 pm ICT by IANS
Mumbai, Jan 20 (IANS) India's most valuable firm, Reliance Industries Ltd (RIL), Friday said its net profit fell 13.55 percent to Rs.4,440 crore in the third quarter of the current ... Read more...
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RIL soars but fails to enthuse Sensex (Roundup)
January 18th, 2012 - 6:39 pm ICT by IANS
Mumbai, Jan 18 (IANS) A benchmark index for Indian equities markets Wednesday closed on a flat note despite heavyweight scrip Reliance Industries (RIL) soaring after announcing a share buyback.The ... Read more...
Posted in Business |
Sensex continues to trade lacklustre, RIL soars (Lead)
January 18th, 2012 - 6:04 pm ICT by IANS
Mumbai, Jan 18 (IANS) A benchmark index for Indian equities markets Wednesday afternoon continued to trade on a lacklustre note. Reliance Industries was the big mover with news of ... Read more...
Posted in Business |
Sensex closes dull, IT, metal stocks lose (Second Lead)
January 18th, 2012 - 6:04 pm ICT by IANS
Mumbai, Jan 18 (IANS) A benchmark index for Indian equities markets Wednesday closed on a dull note amid selling in IT and metal stocks.The 30-scrip sensitive index (Sensex) of ... Read more...
Posted in Business |
Reliance Industries to invest in Network 18, TV18
January 3rd, 2012 - 5:28 pm ICT by IANS
New Delhi, Jan 3 (IANS) Mukesh Ambani promoted Reliance Industries (RIL) Tuesday said it would invest in Network18 and TV18, to help fund promoters of the media firms to acquire ... Read more...
Posted in Business |
Sensex slumps 24 percent in 2011 (Roundup)
December 30th, 2011 - 9:23 pm ICT by IANS
Mumbai, Dec 30 (IANS) Key indices of Indian equities markets lost nearly a quarter of their value in 2011 as slower growth and high inflation, coupled with a perception ... Read more...
Posted in Business |
Arrest warrant against Mukesh Ambani by Kerala consumer court
December 16th, 2011 - 7:58 pm ICT by IANS
Thrissur (Kerala), Dec 16 (IANS) The Thrissur consumer court Friday issued an arrest warrant against Reliance Industries chairman Mukesh Ambani for failing to adhere to its earlier ruling on a ... Read more...
Posted in Business |
Sensex tumbles to two-year low, despite rate hike pause (Roundup)
December 16th, 2011 - 6:46 pm ICT by IANS
Mumbai, Dec 16 (IANS) Indian equities markets saw fresh round of selling Friday with a benchmark index falling 345 points to an over two-year low even though the Reserve ... Read more...
Posted in Business |
RIL calls off acquisition of Bharti AXA
November 25th, 2011 - 8:43 pm ICT by IANS
Mumbai, Nov 25 (IANS) Mukesh Ambani led-Reliance Industries (RIL) Friday said it has called off the proposed acquisition of Bharti Group's 74 percent stake in Bharti AXA insurance companies.Bharti Enterprises, ... Read more...
Posted in Business |
Reliance, BP form joint venture for gas business
November 18th, 2011 - 8:15 pm ICT by IANS
Mumbai, Nov 18 (IANS) Mukesh Ambani-led Reliance Industries (RIL) and global energy major BP Friday incorporated their joint venture (JV) company -- India Gas Solutions --which will focus on sourcing ... Read more...
Posted in Business |
R-Com confirms broadband talks with Reliance Industries
November 14th, 2011 - 6:36 pm ICT by IANS
New Delhi, Nov 14 (IANS) Reliance Communications confirmed talks Monday to lease out its telecom infrastructure to Reliance Industries which plans to offer broadband services in the country from mid-2012."If ... Read more...
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Indian economy a stabilising force: Anand Sharma
November 13th, 2011 - 7:36 pm ICT by IANS
Mumbai, Nov 13 (IANS) Emphasising that the Indian economy has been a stabilising force even as the world grapples with economic crises, union Commerce and Industry Minister Anand Sharma Sunday ... Read more...
Posted in Business |
Infotel Broadband acquires stake in e-learning firm
November 8th, 2011 - 10:01 pm ICT by IANS
New Delhi, Nov 8 (IANS) As it nears the launch of its broadband wireless access services in the country, Infotel Broadband, a subsidiary of Reliance Industries, Tuesday said that it ... Read more...
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Niira Radia shuts down public relation firms Vaishnavi, Neucom
October 30th, 2011 - 7:48 pm ICT by IANS
New Delhi, Oct 30 (IANS) Niira Radia, the high profile public relations consultant who was alleged to have lobbied hard for a second stint for former Telecom Minister A. Raja's ... Read more...
Posted in Business |
For agri help, 20 million farmers to dial in
October 28th, 2011 - 4:24 pm ICT by IANS
Agartala, Oct 28 (IANS) Thanks to the mobile phone revolution in India, 20 million farmers will be covered by 2017 through SMSs and the Integrated Voice Response System (IVRS) to ... Read more...
Posted in Sci-Tech |
India’s richest lost 20 percent of wealth: Forbes
October 27th, 2011 - 1:26 pm ICT by IANS
New York, Oct 27 (IANS) Despite the Indian economy growing at over 7.5 percent the top 100 rich in the country lost 20 percent of their wealth, which was down ... Read more...
Posted in Business |
Reliance Industries net profit rises 15.8 percent
October 15th, 2011 - 6:32 pm ICT by IANS
Mumbai, Oct 15 (IANS) Mukesh Ambani-led Reliance Industries Saturday said its net profit for the quarter ended Sep 30 had risen 15.8 percent at Rs.5,703 crore compared to Rs.4,923 crore ... Read more...
Posted in Business |
Mergers and acquisitions drop 41.5 percent in 9 months
October 7th, 2011 - 7:44 pm ICT by IANS
New Delhi, Oct 7 (IANS) Mergers and acquisitions (M&A;) in India have slumped by 41.5 percent to $26.8 billion during the first nine months of 2011 as rising interest ... Read more...
Posted in Business |
Indian bourses rebound on valuations, global cues (Weekly market review)
October 1st, 2011 - 4:53 pm ICT by IANS
Mumbai, Oct 1 (IANS) The Indian equities markets benchmark indices rebounded nearly two percent this week after slumping almost five percent the previous week as traders covered their short ... Read more...
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Sensex closes 244 points down, manages 1.8 percent in weekly gains
September 30th, 2011 - 6:29 pm ICT by IANS
Mumbai, Sep 30 (IANS) Traders chose to book profits after a recent rally, pushing a benchmark index for Indian equities 244 points lower Friday. The wide-spread selling saw metal, ... Read more...
Posted in Business |
BP expects Krishna Godavari gas output to rise
September 28th, 2011 - 4:46 pm ICT by IANS
New Delhi, Sep 28 (IANS) Global energy major - and Reliance Industries (RIL) partner - BP Wednesday said it expects gas output from the Krishna Godavari basin to rise in ... Read more...
Posted in Business |
Pune FC-Blackburn Rovers clash set for Oct 7
September 26th, 2011 - 4:31 pm ICT by IANS
Pune, Sep 26 (IANS) The friendly match between Pune FC and English premiership football club Blackburn Rovers, which was postponed due to blasts in Mumbai, will now be held here ... Read more...
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Sensex closes 356 points higher, led by RIL, Infosys
September 20th, 2011 - 6:45 pm ICT by IANS
Mumbai, Sep 20 (IANS) A benchmark index for the Indian equities markets rallied Tuesday to close almost 356 points higher and above the 17,000-mark, led by gains in heavyweight ... Read more...
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Varun questions BJP ’silence’ on CAG’s Reliance report
September 10th, 2011 - 12:42 am ICT by IANS
New Delhi, Sep 9 (IANS) Bharatiya Janata Party (BJP) MP Varun Gandhi Friday questioned his party's "silence" on the Comptroller and Auditor General (CAG) report "indicting" Reliance Industries Ltd ... Read more...
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RIL denies wrong-doing in production sharing contract (Lead)
September 8th, 2011 - 8:20 pm ICT by IANS
Mumbai, Sep 8 (IANS) Mukesh Ambani-led Reliance Industries (RIL) Thursday denied any wrong-doing in the production sharing contract with the government related to the Krishna Godavari basin and said it ... Read more...
Posted in Business |
Reliance Industries violated gas contract: Auditor
September 8th, 2011 - 5:09 pm ICT by IANS
New Delhi, Sep 8 (IANS) Mukesh Ambani-led Reliance Industries violated the agreement to share gas produced in the Krishna-Godavari basin and failed to part with the government's due share ... Read more...
Posted in Business |
Reliance Industries scrip falls on CAG’s criticism
September 8th, 2011 - 3:22 pm ICT by IANS
Mumbai, Sep 8 (IANS) After the nation's official auditor accused it of violating production sharing contracts Thursday, the Reliance Industries (RIL) scrip fell 2.12 percent in intra-day trade at ... Read more...
Posted in Business |
Sensex rises 149 points on positive European cues
September 6th, 2011 - 7:22 pm ICT by IANS
Mumbai, Sep 6 (IANS) A benchmark index for Indian equities markets closed 149 points higher in a volatile session Tuesday led by good buying support in energy and IT ... Read more...
Posted in Business |
‘Premature’ plea against RIL’s exploration licence rejected (Lead)
September 5th, 2011 - 9:42 pm ICT by IANS
New Delhi, Sep 5 (IANS) Terming it a "premature petition", the Delhi High Court Monday disposed off a plea seeking cancellation of a licence granted to Mukesh Ambani's Reliance Industries ... Read more...
Posted in Business |
Sensex closes higher for third straight session
September 2nd, 2011 - 6:55 pm ICT by IANS
Mumbai, Sep 2 (IANS) A benchmark index for Indian equities markets Friday closed 144 points higher Friday, its third straight rise as traders bought into heavyweight stocks including Reliance ... Read more...
Posted in Business |
4G, 3G to grow parallelly in India: Ericsson
September 1st, 2011 - 10:28 pm ICT by IANS
New Delhi, Sep 1 (IANS) Swedish telecom equipment manufacturer Ericsson Thursday said that the fourth generation (4G) services for wireless communication will not effect the existing 3G services and the ... Read more...
Posted in Sci-Tech |
What tax will Reliance pay, apex court asks centre (Lead)
August 23rd, 2011 - 7:29 pm ICT by IANS
New Delhi, Aug 23 (IANS) The Supreme Court Tuesday asked the central government to specify whether Reliance Industries Limited (RIL) was liable to pay Central Sales Tax (CST) or ... Read more...
Posted in Business |
What tax will Reliance pay, Supreme Court asks centre
August 23rd, 2011 - 2:58 pm ICT by IANS
New Delhi, Aug 23 (IANS) The Supreme Court Tuesday asked the centre to specify whether Reliance Industries Limited (RIL) was liable to pay Central Sales Tax (CST) or the local ... Read more...
Posted in Uncategorized |
