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.
Gujarat govt had also announced to add Yoga in text books.
Reliance Communication Inc (USA), owned by Reliance Group, has acquired licence for setting up telecom network in US and UK, a move which will bring down the cost of international long distance calls substantially.
Taking exception to Reliance Group President V Balasubramaniam's failure to appear before it in an Official Secrets Act case, a Delhi court on Tuesday asked him to remain present during the proceedings on January 31.
Taking exception to Reliance Group President V Balasubramaniam's failure to appear before it in an Official Secrets Act case, a Delhi court on Tuesday asked him to remain present during the proceedings on January 31.
Moody's keeps Reliance rating, cuts outlook
Ramco solutions for Tirupati Devasthanam
The Indian economy has the potential to grow by more than 7.5 per cent annually and become the third largest in the world in the coming decades, Reliance Group Chairman Mukesh Ambani said.
A top executive of Reliance group deposed on Monday before a Delhi court in the infamous 'helicopter grabbing case' involving Dawood Ibrahim's alleged contact Romesh Sharma.
'Who is telling the truth? Former finance secretary Ajit Kumar or disgraced former UTI chairman P S Subramanyam?' asks Paranjoy Guha Thakurta.
The deal includes Reliance Infrastructure's integrated business of Generation, Transmission and Retail Electricity Distribution
The government has asked the Department of Company Affairs to make a detailed examination of allegations of economic frauds raised by Janata Party leader Subramanian Swamy against the Reliance group of industries.\n\n\n\n
The Reliance Group power utility BSES Ltd is to set up two new corporate entities to pursue opportunities in transmission and energy trading sectors.
Reliance group flagship company RIL on Friday posted a profit of Rs 2091 crore (Rs 20.91 billion) for the quarter ended December 2004, recording a massive growth of 52 per cent over the corresponding quarter of the last fiscal.
Ballooning debt forces more and more Indian promoters to sell out to global majors and PE players.
A designated Delhi court has directed the Chief Metropolitan Magistrate to issue summons to Reliance group chairman Mukesh Ambani and its managing director Anil Ambani.
Ambani has bank deposits worth Rs 80.63 lakh and cash amounting to Rs 4.13 lakh, according to the declaration made by him at the time of filing his nomination in Lucknow.
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