The Maharashtra Electricity Regulatory Commission has restrained Mumbai-based power utility and Reliance group company BSES from disconnecting supply to consumers for non-payment of additional security deposit.
A day after the merger approval of Reliance Capital with RCVL, Anil Ambani-controlled Reliance Energy Ltd on Tuesday approved the merger of Reliance Energy Ventures
The Ambani brothers, Mukesh and Anil, should settle their differences amicably and arrive at a settlement, Finance Minister P Chidamabaram said on Friday.
'Economic benefits of RIL shares held by these four companies have always been for the benefit of RIL's shareholders, and remains so. This fact has been reiterated by RIL a number of times,' the company said.
The board of Indian Petrochemicals Corporation is likely to meet on January 20, a day before the board meeting of flagship company Reliance Industries, to approve October-December, 2004, financial results.
'The ownership controversy will be resolved to the satisfaction of shareholders and the country in the next few weeks,' a Reliance spokesperson said.
The Reliance group is planning to buy the plastics business of a well-known company in Pakistan for about $300 million, industry sources said on Monday.
Taking note of the developments relating to the status of Anil Ambani as director on the board of Reliance Group entity IPCL Ltd, Securities and Exchange Board of India has asked stock exchanges to check the company's adherence to listing agreement.
Nearly four months after Anil Ambani tendered his resignation from the board of Reliance group company IPCL in the midst of his feud with brother Mukesh Ambani, the company's website on Friday showed the list of the Board of Directors without the you
Police said Sharma had come to Delhi some time ago and was staying in the house of one Satish Sharma in Pandav Nagar area.
With the objective of making India a manufacturing hub for domestic and foreign companies, Prime Minister Narendra Modi on Thursday launched the 'Make in India' initiative.
Reliance Group chairman Mukesh Ambani on Friday said that India had the unprecedented opportunity to leverage a large young population with information technology skills, which would make it the fountainhead of a new world of technology.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
When contacted a spokesperson for Anil Ambani, who is engaged in a battle with elder brother Mukesh over control of Reliance empire, confirmed the news.
FLAG Telecom, a Reliance group company has denied media reports alleging that it has resorted to high pricing impacting the growth of Indian business process outsourcing units and information technology enabled services.
What do you think will happen to the Reliance Group now? Will the family split? Or will the brothers unite to emerge stronger than ever? Tell us.
Reliance Group Chairman Mukesh Ambani has admitted to differences with his brother Anil over 'ownership issues,' but said "they are in the private domain."
Gujarat govt had also announced to add Yoga in text books.
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
Azim Premji, the chairman of Bangalore-based software giant Wipro, is the richest Indian with a wealth worth Rs 31,198 crore (Rs 311.98 billion).
RIL's 3500 MW project at Dadri in UPThe Reliance Group on Wednesday announced its decision to set up the world's largest gas-based power generation project at Dadri in western Uttar Pradesh.
Various corporate houses and private banks, including Aditya Birla Group, Hindustan Lever, Sahara Group, Bank of America, ANZ Grindlays, ICICI Bank, ABN Amro and HSBC
As part of ongoing de-merger of Reliance group companies following settlement of ownership between two Ambani brothers, Mukesh Ambani-owned Reliance Industries Ltd has acquired 37.95 per cent stake in Reliance Energy, owned by the younger brother.
Chief of the Reliance Group, Mukesh Ambani, has been nominated as Chairman of the Geneva-based Foundation for the International Federation of Red Cross and Red Crescent Societies.