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  • Anil Ambani gives up LPG subsidy, urges workers to follow Apr 22, 2015 01:06 PM IST

    Anil Ambani gives up LPG subsidy, urges workers to follow

    Ambani joins a host of industry leaders, including Mukesh Ambani, Anand Mahindra, Anil Agarwal, Gautam Adani, Uday Kotak and Kishore Biyani, who have rallied behind Modi's call to well-to-do people to give up buying LPG at below market price so as to help cut subsidy bill.

  • Lapsed tenders hurt PM's 'Make in India' defence push Apr 08, 2015 08:17 AM IST

    Lapsed tenders hurt PM's 'Make in India' defence push

    Irked by India's status as the world's biggest arms importer, Modi wants to build an advanced defence industry but almost a year into his "Make in India" campaign, which aims to turn the country into a manufacturing powerhouse, not one large domestic weapons project has been awarded

  • Buy Pipavav Defence; target of Rs 80: ICICIdirect Mar 14, 2015 05:21 PM IST

    Buy Pipavav Defence; target of Rs 80: ICICIdirect

    Brokerage house ICICIdirect.com is bullish on Pipavav Defence and Offshore Engineering and has recommended buy rating on the stock with a target price of Rs 80 in its research report dated March 13, 2015.

  • Pipavav deal: Reliance Infra makes Rs 1,263cr open offer Mar 10, 2015 08:25 PM IST

    Pipavav deal: Reliance Infra makes Rs 1,263cr open offer

    The open offer made by Reliance Defence Systems and Reliance Infrastructure, for purchase of over 19.14 crore shares, has been made at a price of Rs 66 each, as per the offer documents filed with the markets regulator Sebi. Pipavav shares on Tuesday closed nearly 4 percent down at Rs 61.3 at the BSE.

  • Pipavav to become top defence manufacturer: Anil Ambani Mar 09, 2015 08:29 AM IST

    Pipavav to become top defence manufacturer: Anil Ambani

    Addressing about 4,000 Pipavav Defence and Offshore Engineering workers during his maiden visit to the facility in Gujarat, Anil Ambani said he will "leave no stones unturned to make it India's largest defence manufacturing company".

  • Pipavav Def at 10% lower circuit after Rel Infra buys it Mar 05, 2015 09:50 AM IST

    Pipavav Def at 10% lower circuit after Rel Infra buys it

    Reliance Defence Systems will make a mandatory open offer to acquire 26 percent shares from the public shareholders of the company, at a price of Rs 66 per share.

  • Mukesh Ambani richest Indian for 8th yr; Gates on top Mar 02, 2015 09:37 PM IST

    Mukesh Ambani richest Indian for 8th yr; Gates on top

    Among the 90 Indians on the Forbes Rich List 2015, published on Monday, Ambani (39th globally) is closely followed by pharmaceuticals business tycoon Dilip Shanghvi (44th rank with networth of USD 20 billion) and Azim Premji (48th with USD 19.1 billion).

  • Reliance Group says its firm cooperating with authorities Feb 23, 2015 10:16 AM IST

    Reliance Group says its firm cooperating with authorities

    The filings made by Reliance Capital, Reliance Infrastructure, Reliance Communications and Reliance Power stated that the Group clarifies its position in the "interest of millions of its investors", following "misleading reports in a section of the media".

  • Reliance Infra Q3 net at Rs 452 cr Feb 15, 2015 02:17 PM IST

    Reliance Infra Q3 net at Rs 452 cr

    The company, led by Anil Ambani, had clocked a net profit of Rs 450 crore in the October-December quarter of the last fiscal, it said in a statement.

  • GMR, Reliance Cement bag blocks in first coal auction Feb 15, 2015 01:49 PM IST

    GMR, Reliance Cement bag blocks in first coal auction

    GMR pipped Adani Power, Essar Power, Sesa Sterlite and others by bidding at Rs 478 per tonne to get the mine

  • Anil Ambani's Reliance Group forays into defence sector Feb 12, 2015 12:40 PM IST

    Anil Ambani's Reliance Group forays into defence sector

    According to Group chairman Anil D Ambani, "the 'Make in India' initiative of the government provides a perfect landscape for setting up of a comprehensive defence industrial base in the country.

  • Work out a plan to deal with coal supply: PMO to CoalMin Oct 12, 2014 12:19 PM IST

    Work out a plan to deal with coal supply: PMO to CoalMin

    The PMO has asked the Coal Ministry to work out a plan of action to deal with the present situation -- arising out of the Supreme Court's cancelling the allocation of 214 coal blocks -- in consultation with infrastructure ministries so that end-use plants are not stranded in the absence of fuel.

  • Reliance Group to invest Rs 60,000 crore in MP: Anil Ambani Oct 09, 2014 04:09 PM IST

    Reliance Group to invest Rs 60,000 crore in MP: Anil Ambani

    Over the past 10 years, the state of Madhya Pradesh has transformed and progressed to new heights under the dynamic leadership of Chief minister Shivraj Singh Chouhan, Ambani said.

  • MP Investors Summit eyes Rs 2.25 lakh crore investments Oct 09, 2014 09:28 AM IST

    MP Investors Summit eyes Rs 2.25 lakh crore investments

    Madhya Pradesh has emerged as the fastest growing Indian state and this fact is being leverage by its chief minister Shivraj Singh Chouhan to attract investors.

  • Anil Ambani completes PM's Clean India challenge Oct 08, 2014 12:49 PM IST

    Anil Ambani completes PM's Clean India challenge

    "This is my privilege and honor to be part of the PM Narendra modi call to the nation swachh Bharat Abhiyan. Many of my friends Bombay club who are participating in clean India mission," he said while he nominated nine other names for the challenge.

  • Nippon, Reliance launch India funds for Japan investors Sep 01, 2014 06:39 PM IST

    Nippon, Reliance launch India funds for Japan investors

    Nippon Life also reiterated its commitment to a partnership with the Indian business conglomerate for setting up 'Reliance Bank' under an appropriate category of licenses to be issued by Reserve Bank of India.

  • 14 consortia interested in Mumbai Metro's underground line Mar 11, 2014 04:49 PM IST

    14 consortia interested in Mumbai Metro's underground line

    While RInfra officially declined to comment, sources said the firm stayed away from the bidding process as the project is being awarded on an EPC (engineering, procurement and construction) basis and not BOT model.

  • Reliance Infra hits back at Aam Aadmi Party Mar 04, 2014 07:13 PM IST

    Reliance Infra hits back at Aam Aadmi Party

    Through the defamation suit, the ADAG Company is seeking to restrain the Kejriwal-led political party – AAP from making allegations against the company and the Maharasthra power regulator.

  • Gates world's richest, Mukesh Ambani tops India Forbes list Mar 04, 2014 10:51 AM IST

    Gates world's richest, Mukesh Ambani tops India Forbes list

    With a networth of USD18.6 billion, Reliance Industries Ltd (RIL) chief Mukesh Ambani leads the pack of 56 billionaires based in India featured on the list.

  • Reliance Life new business income grows 56% Feb 23, 2014 09:08 PM IST

    Reliance Life new business income grows 56%

    Leading private insurer Reliance Life Insurance has recorded a 56 percent surge in its new business premium income in the first nine months of this fiscal and expects further growth in the current quarter.

  • Jalan panel on bank licences to hold last meeting on Feb 25 Feb 23, 2014 11:51 AM IST

    Jalan panel on bank licences to hold last meeting on Feb 25

    The Bimal Jalan panel which is scrutinising applications for new bank licences will hold its last meeting on Tuesday.

  • Delhi govt asks for time till Feb 15 to pay NDPL dues Feb 06, 2014 10:11 PM IST

    Delhi govt asks for time till Feb 15 to pay NDPL dues

    Meanwhile, the Supreme Court has agreed to hear Anil Ambani owned-BSES's plea against the notice sent by power supplier NTPC.

  • Ambanis, Mittal, Tata, Sahara face tough 2013 in courts Dec 29, 2013 11:41 AM IST

    Ambanis, Mittal, Tata, Sahara face tough 2013 in courts

    If 2012 was the year of 2G scam, then 2013 would be recorded in the history of the apex court for coalgate case and CBI's clamour to attain autonomy and free itself from its political masters to investigate top bureaucrats.

  • Reliance Jio issued 2.2 cr numbers for telecom services Dec 12, 2013 01:34 PM IST

    Reliance Jio issued 2.2 cr numbers for telecom services

    The numbers were issued to RJIL on the subsequent day after its signing the infrastructure sharing agreement with telecom major Bharti Airtel.

  • RInfra commissions power transmission line in Maharashtra Nov 18, 2013 04:33 PM IST

    RInfra commissions power transmission line in Maharashtra

    The 311 kms Pune-Parli line is part of the Western Region System Strengthening Scheme project and will connect key industrial centres of Maharashtra like Pune, Aurangabad and Beed.

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