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Articles by chintan shah |
271. RIL Acquires 38.5% Stakes In Extramarks Education
November 09, 2011
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 ...
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272. RIL Paves Way forKenneth Cole to Enter Indian Market
November 03, 2011
Reliance Brands, a subsidiary of Reliance Industries Limited have signed an agreement with NYSE-listed American Fashion retailer Kenneth Cole for retail and wholesale distribution in major Indian metros. The licensing agreement includes the launch of over 20 exclusive Kenneth Cole stores in the n...
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273. Nita Ambani Celebrates Her Special Day Auspiciously
November 02, 2011
1st November, 2011: Nita Ambani chose to spend her birthday at a holy location. She flew to the temple town of Nathdwara to seek the blessings of Shrinathji, along with her husband Mukesh Ambani. The principal shrine of Shrinathji is located 48 kilometers North-East of Udaipur city in Rajasthan.<...
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274. RIL and RCom to Tie-Up for Revolutionizing 4G in India
November 02, 2011
Mukesh Ambani owned Reliance Industries Limited to tie-up with younger brother Anil Ambani’s Reliance Communication to revolutionize 4G in India. RIL is likely to use RCom’s access systems, fiber-optic backbone, international cable systems and internet gateways to provide high-speed data services...
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275. RIL to Invest $2.33 Billion in Its Eastern Offshore KG-D6 Block
November 02, 2011
Reliance Industries Limitedplansto invest upto $2.338 billion in the R-Series gas field in its eastern offshore KG-D6 block. RIL expects to produce about 15 million standard cubic meters of gas per day, from the D-34 discovery, also known as R-Series field. Reliance estimates that the R-Series fi...
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276. EIH to Nominate Nita Ambani as Board Member
November 01, 2011
EIH Limited, a member of The Oberoi Group, has sent a special invite to Nita Ambani to attend its board meeting. Sources have revealed that Nita Ambani would be nominated as the board member. The role will be of a non-executive nature. Reliance Industries Limited holds 14% stake in EIH Li...
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277. RIL's Latest Advent: 4G Revolution and Low Cost Tablets
October 19, 2011
The Telecom subsidiary of Mukesh Ambani owned Reliance Industries Limited aims at spreading a4G revolution in India. By early next year, they plan to offer high speed data services on reasonably priced tablets. Mid 2012, they intend to scale it up to a countrywide network. RIL’s major pl...
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278. Reliance Among Bidders For El Paso's ‘Juicy' Shale Assets
October 18, 2011
India’s Reliance Industries Limited, Norway’s Statoil ASA and Occidental Petroleum Corp. seek to expand their stakes in US shale fields. They are among the bidders for El Paso Corp.’s oil and natural gas unit. Kinder Morgan Inc. plans to sell El Paso’s exploration to pay off debt from this week’s...
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279. Chronicle Of Reliance Industries Limited's Half-Year Financial Performance
October 18, 2011
Reliance Industries Limited has declaredits financial performance for the half year ending 30th September, 2011. The summary of the comparative study of theun-audited financial results is enlisted here. RIL’s turnover has increased by 36.0%, exports by 52.2%, PBDIT by 9.0% and Profit bef...
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280. Reliance Retail: In Expansion Mode through JV with Daiso
October 13, 2011
Mukesh Ambani owned Reliance Retailwill bring to India yet another foreign trade name. It plans for a joint venture with Daiso, which is the largest chain of 100-yen shops in Japan. Daiso plans to tie-up with Reliance Retail, a subsidiary of Reliance Industries Ltd. for a shop-in-shop fo...
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