Big 92.7 FM, which plans to reach 45 cities, 1,000 towns and 50,000 villages, will see the group making an investment of Rs 400 crore (Rs 4 billion) towards transmission equipment, infrastructure and licencing.
Reliance Industries Ltd, whose gas pricing formula has been questioned by Anil Dhirubhai Ambani Group company Reliance Natural Resources Ltd, has said that the company has not breached a Bombay high court order.
After the 1,200-acre special economic zone at Noida and the Anil Dhirubhai Ambani Group's gas-based power plant at Dadri, Lanco Kundapalli's 1,000-Mw Anpara C power project in Sonebhadra district of Uttar Pradesh has come under the scanner
Reliance Energy Limited started work at the project site of 7,480 MW gas-fired Dadri power plant in Uttar Pradesh on Thursday.\n
The battle-lines are drawn. Both titans are flexing their muscles.
'The ownership controversy will be resolved to the satisfaction of shareholders and the country in the next few weeks,' a Reliance spokesperson said.
Anil Dhirubhai Ambani group firm Reliance Mutual Fund retains its position as the country's largest fund house having assets of over Rs 48,000 crore (Rs 480 billion).
Petroleum ministry has rejected Reliance Industries Limited's plan to sell natural gas to Anil Ambani Group firm Reliance Natural Resources Ltd at less than half the market price.
Reliance Anil Dhirubhai Ambani Group on Friday unveiled a grand spending plan of over Rs 60,000 crore (Rs 600 billion) in Orissa, which included an investment blueprint for the world's largest pithead thermal power plant.
The Reliance Anil Dhirubhai Ambani group (R-ADAG) company has offered to buy the shares at Rs 130.50 (approximately Rs 150 crore in all), a 7 per cent discount on today's market price of Rs 140.20
Reliance Group managing director Anil Ambani on Saturday exhorted the aspiring entrepreneurs to take inspiration from his late father Dhirubhai Ambani and pick up the challenge to "make the nation an economic superpower." \n\n
Becoming a crorepati is not that difficult. You can do it by investing a mere Rs 833 per month.
Reliance Wind Energy, a subsidiary of Reliance Energy, on Monday said it has signed an agreement with Suzlon Energy for setting up a 150 MW wind power project, in which the Anil Dhirubhai Ambani group firm would invest Rs 900 crore (Rs 9 billion).
Anil Dhirubhai Ambani Group on Saturday adopted a new corporate identity with its chairman terming the new logo and look as a 'leap forward' to reflect the spirit of 'new resurgent India'.
In Mumbai, Reliance Health Venture has already acquired the Mandke hospital, which will be converted into a 650-bed super specialty hospital with six divisions.
After having settled the ownership issue with his brother Anil Ambani, Mukesh on Monday sent an "emotional" farewell message to the employees of Reliance Infocomm, considered his pet project.
An end to the bitter seven-month old battle between the Ambani brothers for the ownership of the Reliance business empire appeared imminent and an announcement about the settlement is likely to be made on July 6, the third death anniversary of their
Ambani to up ante by $3 bn on Ruia's hint at larger premium.
Anil Dhirubhai Ambani Group's market capitalisation increased to Rs 86,000 crore (Rs 860 billion) following the listing of the group company -- Reliance Communication Ventures Ltd (RCoVL).
Anil Ambani-controlled Reliance Energy Ventures Ltd will get listed and start trading on the bourses on February 24.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances