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It’s incredible how many things a person can manage at the same time. From supervising the construction of a new wing at Mumbai’s Hurkisondas Nurrotumdas Hospital, run by a trust controlled by the Dhirubhai Ambani Foundation to making sure that the Mumbai Indians are in perfect shape for the Champions League; and all this while [...]
Reliance Industries plans to reopen all of its fuel stations in the country and is currently selling petrol and diesel at the same rates as state firms, a company statement said on Wednesday. Reliance, which operates the world’s biggest refining complex at Jamnagar in Gujarat, shut down its petrol pumps in 2008 as crude prices [...]
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. On Thursday, India’s largest industrial group Reliance Industries informed its investors that the company’s subsidiary Reliance Marcellus II LLC has entered into a joint venture agreement with the US based [...]
Mukesh Ambani group’s flagship company Reliance Industries (RIL) has announced its results for the quarter ended June 2010. It has reported a net profit at Rs. 4851 crore as against Rs. 3,666 crore which shows a clear growth of 33.42 per cent on year-on-year basis. A day after RIL reported its best-ever quarterly profit; it [...]
According to the blueprint prepared by the ministry earlier this week, Nita Ambani, wife of Reliance Industries Ltd chairman Mukesh Ambani and co-owner of Mumbai Indians; Priyanka Vadra, daughter of Congress president Sonia Gandhi; Supriya Sule, member of Parliament (MP) and daughter of agriculture minister Sharad Pawar; and M. Kanimozhi, MP and daughter of Tamil [...]
Reliance Industries remain on top of the list when it comes to being socially responsible or active. This time again they have hit it right with the United Nations naming Reliance Industries Chief Mukesh Ambani to a key advocacy group on Millennium Development Goals. As per the reports, this is an achievement for the corporate [...]
India recorded the highest rise in natural gas output worldwide in 2009 after Reliance Industries’ eastern offshore KG-D6 field came into production, Economist Christof Ruhl said.
Mukesh Ambani-run RIL began gas production from the Krishna-Godavari basin in April, 2009, and its 60 million standard cubic metres per day output led to a 75 per cent jump [...]
Eight Indian companies, including oil major Indian Oil Corporation (IOC) and Mukesh Ambani-led Reliance Industries (RIL), have made it to the list of the world’s 500 largest companies compiled by Fortune.
The league of 500 elite companies for 2010 is topped by US retailer Wal-Mart Stores, followed by oil giant Royal Dutch Shell and another oil [...]
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.
The tie-up will enable the Mukesh Dhirubhai Ambani group, whose flagship is Reliance Industries (RELI.BO), to offer services like energy and [...]
Mukesh Ambani, chairman of Reliance Industries Limited, India’s most valuable private sector corporate, confirmed that the long term association with various US based companies to tap the Shale gas sector will be beneficial for the growth of RIL. Reliance Industries Limited announced that it is planning to have a joint venture with the US-based Pioneer [...]