Oct 03, 2016 01:04 PM IST
In a major deal for India's private defence industry, Anil Ambani-led Reliance Group and Rafale maker Dassault Aviation today announced a joint venture (JV) that will be a "key player" in execution of offset contract worth about Rs 22,000 crore as part of the fighter jet deal.
- Sep 30, 2016 04:00 PM IST
Earlier this week, Reliance Capital chairman Anil Ambani had announced that the firm will re-launch its commodity exchange with focus on diamond and crude oil futures. The exchange aims to make diamond futures its flagship product with potential daily turnover of over Rs 6,000 crore.
- Sep 27, 2016 06:04 PM IST
Addressing RPower's 22nd Annual General Meeting, he said it will double the capacity of its Rosa and Butibori power plants to 2400 MW and 1200 MW respectively.
- Sep 27, 2016 04:58 PM IST
Grappling with mountain of debt, Reliance Communications today said it is planning to pare the Rs 42,650-crore burden by up to 75 per cent over the next one year.
- Sep 27, 2016 12:30 PM IST
Besides, it will develop a new vertical for consumer lending business for better growth and profitability and will re-launch its commodity exchange with focus on diamond and crude oil futures. Diamond futures will be the flagship product with potential daily turnover of over Rs 6,000 crore.
- Sep 14, 2016 09:54 PM IST
Telecom operator Reliance Communications today posted 5.8 per cent rise in consolidated\ net profit to Rs 54 crore for the three-month period ended June 30.
- Sep 14, 2016 09:00 AM IST
The Anil Ambani-led infrastructure major had clocked a net profit of Rs 409.27 crore for the same quarter in 2015-16.
- Sep 14, 2016 08:14 AM IST
The financial services arm of Anil Ambani-led Reliance Group would retain 51 percent stake in the separately listed venture while 49 percent equity in Reliance Home Finance will be alloted "free of cost" to nearly 1 million shareholders of Reliance Capital".
- Jul 29, 2016 03:14 PM IST
Reliance Infra has made clarification to the exchanges that it cannot disclose the names of the bidders involved but is in advanced stages to sell off its road assets.
- Jul 20, 2016 11:54 AM IST
CNBC-TV18 learns that the two companies, in a 50-50 deal, will together infuse Rs 5,000 crore of equity funding in the merged entity.
- Jul 19, 2016 10:00 PM IST
The firm has been registered with the Trade Registrar of of the Netherlands on July 18, 2016, the Anil Ambani-led company added.
- Jul 07, 2016 04:56 PM IST
Juergen Hase has over 25 years of experience in developing and executing new businesses in different global markets.
- Jul 05, 2016 12:00 PM IST
Anil Dhirubhai Ambani Group stocks hogged the limelight today as Reliance Infrastructure, Reliance Power, Reliance Capital and Reliance Communications gained 2-3 percent.
- Jul 01, 2016 02:26 PM IST
Anil Ambani-led Reliance Infrastructure has acquired nearly 35 percent in Pipavav Defence and Offshore Engineering Co, which has been renamed as Reliance Defence and Engineering.
- Jul 01, 2016 02:02 PM IST
The alliance will "create a content production powerhouse, to deliver relevant and impactful entertainment content across TV and Digital Media", the company said in a press release.
- Jun 19, 2016 05:42 PM IST
Betting big on mobile trading in derivatives market, leading brokerage Reliance Securities today said it it investing heavily in new technologies including robo-analytics and expects over 30 percent of its broking business to come from mobile trading platforms.
- Jun 14, 2016 06:56 PM IST
In a letter to Ambani, Delhi Power Minister Satyender Jain asked him to come down to the city next week for a meeting, alleging that the discoms that supply power to nearly 70 per cent of the city have started "fudging" data to show improvement following stern warnings from the government.
- May 27, 2016 05:14 PM IST
It had posted net profit of Rs 276.47 crore in the January-March quarter of 2014-15, Reliance Group company said in a filing to BSE.
- May 04, 2016 01:00 PM IST
"Under the approval, first phase of 750 MW power plant will be set up at Meghnaghat (Narayanganj district), around 40 km South-East of Dhaka along with the FSRU terminal at Maheshkhali Island in Cox's Bazar district of Bangladesh," the company said in a statement here.
- Apr 29, 2016 02:08 PM IST
The development follows a meeting between Reliance Group Chairman Anil Ambani and Ukranian President Petro Poroshenko in Ukraine this week.
- Apr 11, 2016 12:00 PM IST
ICEX, a screen-based on-line derivatives exchange for commodities, said it has already put in place "a strong team, sound technology platform, risk processes and infrastructure in place and will now be seeking necessary regulatory approvals for launching the exchange by June this year".
- Apr 05, 2016 07:32 AM IST
The Mumbai Metropolitan Region Development Authority (MMRDA) in a response to an RTI query filed by activist Anil Galgali said, "Mumbai Metro One Pvt Ltd (MMOPL) was handed over the Home Guard land measuring 2.4 hectare at Versova for a casting yard in January 2009 for a period of 15 months."
- Mar 31, 2016 03:34 PM IST
The JV proposal comes at a time when India is in the midst of acquiring new transport aircraft and is in the process of upgrading the 105-strong fleet of AN 32, the country's primary transport aircraft.
- Mar 29, 2016 03:56 PM IST
The venture will have 51 percent holding from Reliance Defence and 49 percent by Rafael as per the current guidelines of the government, it said.
- Mar 29, 2016 01:48 PM IST
Anil Ambani, who heads the Reliance Group, also sought more clarity in the government's plan to enter into strategic partnership saying policies have to be in line with global best practices.