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Articles by chintan shah |
51. RIL Plans To Become Largest Global Polyester Producer
June 13, 2013
In the 39th Annual General Meeting of Reliance Industries Limited (RIL), Mukesh Ambani discussed his plans to increase their polyester production capacity from the current 2.5 million tons per year (tpy) to 4 million tpy. He further added that the company would invest Rs 1500 billion over the nex...
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52. RIL Emerges Frontrunner In The Bidding Process For West Bengal's Haldia Petrochem
June 13, 2013
In the race to get hold of 31 percent stake of West Bengal government in Haldia Petrochemical, Reliance Industries Limited (RIL) may emerge as the most aggressive bidder. The stake has recently been put up on sale by the state government. Mukesh Ambani owned Reliance Industries Limited (R...
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53. Reliance Retail Set to Create An International Retail Experience
June 11, 2013
Mukesh Ambani led Reliance Industries Limited (RIL) is now aggressively focusing on capturing the retail segment in the country. The energy giant’s retail arm - Reliance Retail is aiming to become second to none in the wholesale market by the end of this year. It has already initiated a furious expa...
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54. Reliance signs Rs 12,000 crore deal for 4G launch
June 10, 2013
Reliance Industries Limited (RIL) owned by MukeshAmbani, has signed a deal worth Rs 12,000 crore for setting up its telecom infrastructure. The biggest catch of this deal is that RIL joins hands with Reliance Communications (RComm) to use the latter’s network for Reliance JioInfocom. The...
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55. Reliance Retail to Become Major Growth Engine for RIL
June 07, 2013
Reliance Retail, the retail arm of Reliance Industries Limited (RIL) is slated to become one of its most profitable sectors. Mukesh Ambani, Chairman of RIL, in the company’s 39th Annual General Meeting (AGM) held on 6th June shared this above plan with his shareholders. He said, “We want to make re...
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56. Reliance targets to get 40 % of Revenue from Its Retail and Telecommunication Ventures
June 06, 2013
Reliance Industries Limited (RIL) is the country’s biggest energy giant. Nearly 97percent of the company’s revenue arrives from its petrochemical venture. This year, MukeshAmbani is focusing to expand its retail and telecommunication ventures too. He is expecting to increase the share of his gro...
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57. Reliance Profits in FY-15 will surge, thanks to gas price hike: Finch Report
June 06, 2013
Reliance Industries Limited (RIL)’s profits will soar up according to Finch Ratings that came up on Tuesday. The increase of profitability in 2014-15 year would help RIL to invest more in raising production. At present, KG-D6 oil fields located in Bay of Bengal contribute about 40 percent...
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58. US Shale to Become Profit Engine For RIL
June 03, 2013
The investment of Reliance Industries Limited (RIL) in US Shale oil and gas are bearing healthy returns. RIL, owned by Mukesh Ambani, has spent last three years wagering $5.7 billion on North American shale oil and gas. For the first time, those earnings from US output eclipses with those in Indi...
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59. RIL to Help India Cut its Gas Imports to half by 2020
May 28, 2013
Reliance Industries Limited (RIL), headed by Mukesh Ambani , will bring down the cost of gas import incurred by the government by 2020. The company is optimistic after the government approved its expansion plans for discovery of new blocks on KG-D6 basins. However, the company had submitted its ...
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60. Reliance Retail Extends its Technology Arm with Reliance Digital Express
May 24, 2013
Reliance Industries Limited (RIL) headed by Mukesh Ambani is focusing hugely on the expansion of its retail chain-Reliance Retail. Reliance Digital – the electronic arm of Reliance Retail has devised a new concept store for technology aspirants-Reliance Digital Xpress. Digital Express is the coun...
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