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.
Evoking extremely good response from investors, Reliance Industries on Wednesday closed at Rs 715.50 a share
Ambani to up ante by $3 bn on Ruia's hint at larger premium.
The younger Ambani sibling, Anil, on Monday sent an emotional farewell message to all the employees of Reliance Industries, from where he stepped down as vice chairman and managing director.
Music composer Aadesh Shrivastava who was battling cancer passed away post midnight on Friday. He was 51.
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'.
Adlabs Films Ltd, which on Monday launched its first FM radio station - BIG 92.7 FM - from New Delhi will invest Rs 400 crore (Rs 4 billion) to set up its network spanning 45 cities in the country by April 2007.
Anil Dhirubhai Ambani group chairman Anil Ambani on Saturday committed to set up a Special Economic Zone in Chennai and also invest Rs 12,000 crore for a 1,000 MW power plant, IT Park and desalination project.
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.
Anil Ambani-owned Reliance Energy has approached state-owned gas utility GAIL (India) Ltd for transportation of gas to its proposed 4,000 MW power plant at Dadri.
Family sources confirmed that over the weekend the 'Ambani family,' including mother Kokilaben and sisters Deepti Salgaoncar and Nina Kothari requested Mukesh to furnish appropriate details as per his statement on November 22.
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
Amid speculations that negotiations between the warring Ambani brothers have resumed after the stormy board meeting of flagship company Reliance Industr
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.
investment bankers and family wealth managers will have more and more to celebrate in time to come
Reliance Energy Ventures Ltd shares listed on the bourses on Friday and traded at Rs 48.90.
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