Mukesh Ambani-controlled Reliance Industries Ltd will hold its annual general meeting on August 3, in which the company's plans following the settlement of ownership of Reliance empire may come up for discussion.
Rio police say tickets sold to Reliance made their way into black market; firm says it is probing the allegations.
Mukesh Ambani-controlled Reliance Petroleum is understood to have fixed a price band of Rs 57-62 for its initial public offer to raise over Rs 5,000 crore (Rs 50 billion).
In the last 3 months, rupee has depreciated 16% against dollar.
Amar Singh, general secretary of the Samajwadi Party, has written to the Securities and Exchange Board of India alleging insider trading in the shares of Mukesh Ambani-controlled Reliance Petroleum Ltd, on July 9, 2008, just days before his party voted in favour of the current ruling alliance at the centre.
Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is planning to spend $3 billion for a new petrochemical complex at Jamnagar.The new complex will utilise residual gases generated from the two existing refineries, of which one is located in a special economic zone (SEZ), to generate further downstream products."The investment could be in the range of $3 billion, depending on raw material prices," said a Reliance official on condition of anonymity.
The Mukesh Ambani-controlled Reliance Infocomm on Sunday said it had invested over Rs 14,000 crore towards rolling out its information and communication infrastructure, and dismissed allegations of huge bad debt.
Mukesh Ambani-controlled Reliance Petroleum Ltd will raise $1.5 billion (nearly Rs 6.9 billion) through Syndicated Term Loan Facility to finance its new 580,000 bpd refinery and a 0.9 MT polypropylene unit.\n\n
On the method of computation of its share value under the new dispensation for the purpose of taxation.
This is significantly higher than the government revenues of Rs 500 crore (Rs 5 billion) that ADAG has been claiming in an advertising campaign that it launched on August 17. The exercise marks the first time the directorate general of hydrocarbon, the upstream oil regulator, has worked out such an estimate. The exercise is not carried out in the normal course for oil or gas fields.
Mukesh Ambani controlled Reliance Industries Ltd is fast emerging as a major exporter, earning 36 per cent of its total income in the first quarter of 2005-06 from exports.
Anil Ambani-controlled Reliance Energy Ventures Ltd will get listed and start trading on the bourses on February 24.
Reliance Energy Ventures Ltd shares listed on the bourses on Friday and traded at Rs 48.90.
The intra-city cable leasing deal will give RCom Rs 1,200 crore, which will be used to clear some of its debt.
If the deal is indeed being considered, this will be the first time that Ambani will be putting his money in a print media venture since he and his younger brother, Anil Ambani, split businesses to form their own groups
The govt auditor also indicts DGH and management committee of D1 and D3 fields
Cabinet may tweak Rangarajan formula; new price may be further delayed.
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