Last Updated: 2010-03-17T16:09:43+05:30
Reliance MediaWorks has inked a deal with Imagica Corp, one of Japan's largest lab and post-production companies, to restore Japanese classics.
According to the pact signed recently, Reliance MediaWorks will offer restoration of Japanese movies, image processing and enhancement and HD ... |
Last Updated: 2010-03-15T14:43:35+05:30
Reliance Industries (RIL) and US-based sports marketing company IMG Worldwide have formed a joint venture called IMG Reliance to build a professional sports business in India. Apart from that, it will also engage itself in building entertain markets in India.
The so called IMG Reliance, ... |
Last Updated: 2010-03-02T14:57:34+05:30
Lyondell Basell has rejected a bid by Reliance Industries. The company had previously rejected a bid valued at $13.5 billion. On the other hand Reliance which is controlled by India’s richest man is likely to turn its attention to other acquisition opportunities.
The company may ... |
Last Updated: 2010-01-21T18:30:39+05:30
A consortium led by Reliance Infrastructure, a part of the Anil Dhirubhai Ambani Group, has signed an agreement with the Maharashtra government for the $2.2-billion second Metro Rail project called Mumbai Metro-II.
The project has been awarded to the consortium, which includes Reliance ... |
Last Updated: 2010-01-04T14:54:03+05:30
Reliance Industries (RIL) has raised Rs.2,675 crore through the sale of about 2.58 crore equity shares on Monday.
Petroleum Trust sold the shares at Rs.1,035 per share, and the money will accrue to Reliance Industrial Investments and Holdings, which is a wholly-owned RIL ... |
Last Updated: 2009-12-22T15:06:09+05:30
Reliance Industries has announced its third successive gas discovery in the D3 deep-sea block in Krishna-Godavari Basin. This was announced on Tuesday by a company spokesperson.
The company statement said that it had found three gas reservoirs in the KGV-D3-R1 well drilled on the block ... |
Last Updated: 2009-12-19T16:26:43+05:30
The Supreme Court reserved its verdict on the gas supply dispute between Anil Ambani led Reliance Natural Resources Ltd (RNRL) and Mukesh Ambani’s Reliance Industries Ltd (RIL).
It was decided on Friday by a three-member bench consisting of Chief Justice K.G. Balakrishnan, Justice ... |
Last Updated: 2009-12-09T11:37:05+05:30
The Krishna-Godavari gas dispute between Reliance Natural Resources Ltd (RNRL) and Reliance Industries Ltd (RIL) was cancelled on Wednesday owing to Chief Justice K.G. Balakrishnan's health issues.
"We will let you know later when the hearing will resume," a senior official ... |
Last Updated: 2009-12-03T12:04:43+05:30
Reliance BIG Entertainment has signed a development-production financing deal with Hollywood filmmakers Brian Grazer and Ron Howard's Imagine Entertainment. Reliance BIG is the media and entertainment arm of the Reliance Anil Dhirubhai Ambani Group.
Their first project, titled ... |
Last Updated: 2009-12-01T16:46:23+05:30
Quoting from a host of documents, mainly the oil ministry's answers in parliament, Reliance Natural Resources Ltd (RNRL) told the Supreme Court on Tuesday that Reliance Industries Ltd (RIL) has full marketing freedom on Krishna-Godavari gas.
The oil ministry in their numerous answers to ... |
Last Updated: 2009-11-26T16:06:19+05:30
The Supreme Court was told on Thursday that Mukesh Ambani took all of five minutes to approve the self-serving gas supply pact on behalf of both Reliance Industries Ltd (RIL) and Reliance Natural Resources Ltd (RNRL) despite the Rs.100,000-crore financial implication.
Continuing his ... |
Last Updated: 2009-11-26T11:25:21+05:30
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 ... |
Last Updated: 2009-11-24T15:46:03+05:30
There was no ambiguity in the agreed price, tenure and quantity of natural gas to be supplied by Reliance Industries Ltd (RIL) from the Krishna-Godavari fields, the counsel for Reliance Natural Resources Ltd (RNRL) told the Supreme Court Tuesday.
"The only issue in the case was the ... |
Last Updated: 2009-11-19T16:44:40+05:30
Reliance Natural Resources Ltd (RNRL) on Thursday gave its consent to the oil ministry becoming a party in the argument over supply of gas from Reliance Industries Ltd (RIL). But the company has not given up the right to cross-examine its officials.
RNRL counsel Ram Jethmalani gave the consent ... |
Last Updated: 2009-11-18T15:40:39+05:30
The Oil Ministry emphasised before the Supreme Court that the Reliance Industries Ltd (RIL) has been barred from private deals to supply gas because of Government’s production-sharing contract.
"The government has exclusive rights over all minerals underlying the ocean and in ... |
Last Updated: 2009-11-18T10:19:41+05:30
Reliance Natural Resources Ltd has objected to the plea put forward by the Supreme Court for being a part of the Krishna-Godavari gas dispute as a party, saying that apex court should be cross-examining the officials if this plea is granted.
RNRL counsel Ram Jethmalani, who began his ... |
Last Updated: 2009-11-17T16:53:02+05:30
Reliance Retail, the unlisted and wholly-owned subsidiary of Mukesh Ambani-led Reliance Industries, is planning to expand its presence in India. It has also plans for entering into new strategic alliances.
"I am pleased to report that we have done extraordinarily well, despite the ... |
Last Updated: 2009-11-17T14:51:44+05:30
Reliance Industries Chairman Mukesh Ambani has mentioned that his energy firm would be indulging in aggressive exploration campaign over a period of three years.
"Exploration and production business would give the company a much higher growth trajectory in the coming years’, ... |
Last Updated: 2009-11-11T09:47:36+05:30
Mukesh Ambani-led Reliance Industries has mentioned that it is not willing to enter into any gas supply deal with Anil Ambani-led Reliance Natural Resources if government play any vital role, provided the change in circumstances since the demerger.
The demerger scheme, which is in terms ... |
Last Updated: 2009-11-11T09:42:16+05:30
Anil Ambani-led Reliance Natural Resources has opposed the move initiated by the government to become a party to the dispute over natural gas with Mukesh Ambani's Reliance Industries and termed the attempt "dishonest and collusive".
"Reliance Natural Resources objects to the ... |
Last Updated: 2009-11-05T14:12:06+05:30
India’s apex court has resumed the legal dispute between Anil Ambani and Mukesh Ambani over the supply and pricing of gas available from the KGF basin afresh on Thursday. The hearing had been suspended after Justice Raveendran and yet another Supreme Court judge quit the case, citing personal ... |
Last Updated: 2009-11-05T10:18:09+05:30
Rajasthan-based energy major Cairn India has disclosed that an agreement has been signed with Reliance Industries for supplying crude, which it produces at the Mangala crude oil field in Barmer, to the latter’s Jamnagar refinery.
"The implied price realisation represents an ... |
Last Updated: 2009-11-05T09:55:32+05:30
Two judges of the Supreme Court on Wednesday withdrew themselves from hearing cases involving Mukesh Ambani-led Reliance Industries over possible conflict of interest.
Justice Markanadey Katju rescued himself from the hearing involving Bharat Petroleum, saying his wife owned shares in ... |
Last Updated: 2009-11-04T14:50:13+05:30
Justice R.V. Raveendran, who had been a part of the three-member bench along with Chief Justice K.G. Balakrishnan and Justice P. Sathasivam conducting the trial of Ambani gas dispute, has quit saying that his daughter was associated with Mukesh Ambani-led Reliance ... |
Last Updated: 2009-10-30T12:09:33+05:30
The oil-to-petrochemicals major Reliance Industries has registered a net profit of Rs.3,852 crore for the second quarter of this fiscal which ended on Sep 30 registering a 6.41% dip from the Rs.4,116 crore logged during the Q2 of 2008-09 fiscal.
The fall in profit, which was in line with ... |
Last Updated: 2009-10-22T17:18:55+05:30
Reliance Industries has mentioned that it will not accept the judgement for the 17-year tenure for gas supply from Krishna-Godavari basin to RNRL as well as the price of $2.34 per unit.
The government's gas pricing policy is only for five years and because of that the 17-year pact with ... |
Last Updated: 2009-10-21T14:55:24+05:30
The Supreme Court, which was hearing the dispute of gas supply by RIL to RNRL from the Krishna - Godavari basin, asked the Ambani brothers to solve the issue by means of arbitration or mediation.
Chief Justice K G Balakrishnan, who was hearing the dispute, mentioned that a "suitable ... |
Last Updated: 2009-10-20T17:24:16+05:30
The dispute over natural gas from Krishna-Godavari basin is not a fight between two companies, but one between two brothers, Mukesh and Anil Ambani, the Supreme Court observed on Tuesday, as it commenced hearing the high-profile legal battle.
"It's like two countries, where there is ... |
Last Updated: 2009-10-19T15:05:08+05:30
The Supreme Court will Tuesday begin hearing of the dispute between the Mukesh Ambani-led Reliance Industries and Anil Ambani-led Reliance Natural Resources Ltd over supply of gas from the Krishna-Godavari basin.
The Anil Ambani company wants to secure 28 million units of gas a day from ... |
Last Updated: 2009-10-12T12:01:12+05:30
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 ... |
