The counsel for Reliance Natural Resources Ltd told Supreme Court that Anil Ambani is legally entitled to be reinstated vice chairman of Reliance Industries Ltd (RIL) if its de-merger on the basis of the family pact fails.
 
The failure of the de-merger scheme also exposes RIL to the ...

Anil Dhirubhai Ambani led Reliance Natural Resources Ltd has registered a net profit of Rs.21.15 crore for the second quarter of the 2009-10 fiscal which ended on Sep 30 when compared to the Rs.20.1 crore reported during the corresponding period last fiscal.
 
But RNRL, whiling filing the ...

Business tycoon Anil Ambani has called for an amiable settlement of all the issues with his Mukesh Ambani.  
 
This proposal has been put forward by Anil at a time when the Mukesh-led RIL and Anil Ambani led RNRL are in a legal fight for the supply of natural gas by the former to the ...

R-ADA group chairman Anil Ambani told on Tuesday that the Reliance Infratel, a telecom provider promoted by Reliance Communications, has decided to offer IPO worth 10% of the paid up capital of the firm.
 
Anil, who was talking to the shareholders at the annual general meeting of the ...

Big Cinemas, operated by the Reliance ADAG group Adlabs, has announced that it will be adding 100 new screens over a period of one year.
 
"We are planning to add around 100 more screens in the next one year across India and abroad. We will also expand our studio facilities among other ...

Reliance Communication, a part of reliance ADA group, has inked an agreement with S Tel, which is a new player in the Telecom industry. S Tel has obtained the license for launching services in six Indian circles.
 
The deal, which will be executed via Reliance Infratel, a subsidiary of ...

Reliance Airport Developers Ltd, a part of the reliance ADA group, has been entitled with contracts worth Rs.63 crore for the development of airports at Yavatmal, Nanded, Osmanabad, Latur and Baramati in Maharashtra. This information was announced by the company on Friday in Mumbai.
 
The ...

National power utility, NTPC Ltd, will be moving to the Supreme Court for securing the gas from Mukesh Ambani-led Reliance Industries at the price agreed that had been agreed on earlier.
 
NTPC has been advised to move to the SC for securing its own interest by the Attorney General Goolam E. ...

Reliance Communications of the Reliance ADAG group has joined hands with the US-based Kodiak Networks for the commercial launch of mobile conferencing service in India.
 
The mobile conferencing service from Rcom will be available for both its CDMA and GSM ...

Reliance Power of the Reliance Anil Ambani Gourp has completed its acquisition of the Jharkhand Integrated Power. This is a special purpose vehicle (SPV) that was floated for the implementing of the 4,000-MW Tilaiya ultra mega power plant project, from Power Finance Corp.
 
The development ...

According to the Minister of Petroleum and Natural Gas, Murli Deora, the government be taking essential steps for protecting the public interest is case of ths dispute that is happening over the distribution of gas from Krishna-Godavari Basin by Reliance Industries Limited.
 
"We have ...

Reliance Communications of Reliance ADAG group, has posted a net profit of Rs.1,637 crore for 2009-10 Q1 which is about 8.3% higher than the Rs.1,512 crore in the like period last year
 
The company's total income also grew up by 15.5% to Rs.6,145 crore from Rs.5,322 ...

Reliance Capital of the Reliance ADAG has reported a dip in its net profit for 2009-2010 Q1 by 55.6% to Rs.153.29 crore which was Rs.345.3 crore in the like period last year.
 
The total income for 2009-10 Q1 is Rs.1,468.12 crore, down 3.05% from Rs.1,514.40 crore in the corresponding ...

Reliance Infrastructure, power utility and infrastructure major, has posted an increase of 25% in net profit to Rs.317 crore ($66 million) for the quarter ended June 30.
 
The total income of the company has witnessed an increase of 7% to Rs.2,446.3 crore in the first quarter of the current ...

According to Anil Ambani the partisan stand that has been adopted by India's petroleum ministry in the reliance gas dispute will erode investor confidence and goes against the government's reforms direction.
 
According to him the oil ministry's position has also violated the ...

The Supreme Court has refused to take up a gas dispute between Reliance Industries and RNRL for final hearing on September 1.
 
A bench headed Chief Justice K G Balakrishnan said that the Supreme Court will decide on the date of final hearing on September 1 when it will consider various ...

Reliance Natural Resources Ltd of Reliance ADAG group has reported an increase of 7.4% in its net profit to Rs.17.2 crore for 2009-2010 Q1 when compared to Rs.16 crore in the like period last year.
 
Total income increased 24% to Rs.115.4 crore from Rs.92.9 crore.

Anil Ambani told that Reliance Natural Resources Ltd has served the notice on both the petroleum ministry and Reliance Industries calling for an early settlement of the dispute.
 
"The honourable Supreme Court will be requested to take up the matter for final hearing on Sep 1," ...

Reliance Power, promoted by Anil Ambani, has plans to raise Rs.20,000 crore ($4 billion) in 2009-10 in order to finance various power projects.
 
"In all, we raised about Rs.200 billion of debt for various generation projects. We are on course to raise Rs.20,000 crore of debt this ...

The Reliance ADAG group has tied up finances for its 300 MW power plant at Butibori in Mahrashtra and expects the project to be operational by 2011-12.
 
Announcing the financial closure with Axis Bank as the lead institution, the group said that the project would meet the power requirements ...

Anil Dhirubhai Ambani Group has tied up the finances for the Rs.50-billion for the Rosa power project in Uttar Pradesh and hopes to start the first phase of operations this year.
 
Announcing the financial closure with IDBI Bank as the lead institution, the group said that the project which ...

Reliance Communications, which is led by Anil Ambani, has joined hands with the Britain-based mobile marketing company, 3rd Space Services, for launch free video content having embedded advertisements on its mobile platform.
Under the agreement, 3rd Space will supply mobile video content like ...

The advertising group Mudra, which is being controlled by Anil Ambnai, on Tuesday, has launched a new company, Ignite Mudra, which is targeted towards building brands for new entrepreneurs.
"The Mudra group has been responsible for building several iconic brands such as Vimal, Dhara, Rasna, ...

Anil Ambani Group company, Reliance Infratel, is planning to raise about $1 billion by selling shares. The company is talking to some private equity firms, regarding this. Reliance Infra is a subsidiary of the telecom arm, RCOM. Rel Infra is planning to dilute 10-15% stake with private equity ...

The US - India Business Council (USIBC) will felicitate leading Indian businessmen Azim Premji and Anil Ambani at Washington on June 17. The honour would be bestowed during the USIBC’s 34th anniversary Synergies summit in Washington.

Azim Premji, Chairman of Wipro, will be felicitated with ...

The Anil Ambani group-owned Big Animation has opened an animation-training institute in Pune called the Big Animation Infotainment and Media School (BIG AIMS). While talking to media, chief executive of Big Animation, Ashish Kulkarni said that Big Aims is a unique training institute where the ...

The Reliance Anil Dhirubhai Ambani Group (ADAG) inked as many as three agreements with the government of Gujarat with a view to invest Rs105 billion in the state. While addressing Vibrant Gujarat Global Investors' Summit at Ahmedabad on Tuesday (January 13), group chairman Anil Ambani revealed the ...

Industrialist Anil Ambani continues to be on the focus of US magazine ‘Forbes’ but this time around for topping the list of 'Billionaire Blowups of 2008' by virtue of turning the biggest loser of wealth in less than a year, after being touted as the biggest gainer in the ...

The arm of Anil Ambani-promoted Adlabs Films Ltd, Big Cinemas will be conferred with the 'Exhibitor of the Year' award at this year's CineAsia-2008 convention in Macau, China. Big Cinemas will receive the coveted award at closing ceremony of the three-day event at Macau on December 11, 2008. The ...

According to reports, Mukesh and Anil Ambani are ahead of the India-born steel tycoon in terms of losses suffered due to the global stock meltdown. Earlier, in March this year, American business magazine Forbes listed LN Mittal at top among India's rich followed by Mukesh Ambani, Anil Ambani, K P ...