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Latest news & updates on Reliance Anil Dhirubhai Ambani Group (Reliance ADAG).


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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: 2009-11-11T09:47:36+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: 2009-11-05T09:55:32+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: 2009-10-28T10:13:12+05:30
Anil Dhirubhai Ambani Group’s electricity generating arm, Reliance Power, has registered a net profit of Rs.70.53 crore for the second quarter of the 2009-10 fiscal which ended on Sep 30, which about 49.39% up from the net profit during the like period last fiscal.
 
Total income of ...

Last Updated: 2009-10-28T10:07:41+05:30
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 ...

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 ...

Last Updated: 2009-10-08T10:11:52+05:30
Anil Ambani-led Reliance Life Insurance is seeking for an international strategic partner who will be holding 20% stake of the firm. It also has plans for coming out with an IPO.
 
"We have started the process of identifying the strategic investor," said Sam Ghosh, chief executive ...

Last Updated: 2009-09-19T09:20:09+05:30
The Reliance ADAG group has requested Supreme Court to ignore the government’s stand which doubts the legality of the contract it has with Mukesh Ambani’s reliance Industries for the natural gas supplies from the Krishna-Godavari basin.
 
According to the petition filed by ...

Last Updated: 2009-09-10T17:06:34+05:30
Adlabs Films, recently rechristened as Reliance MediaWorks, has announced that the Big Cinemas chains have been split into two geography-based strategic business units.
 
The reorganization of the cinema chain has been done so that the regional markers could be given more focus during its ...

Last Updated: 2009-09-07T12:34:05+05:30
Reliance BIG Entertainment and Steven Spielberg's DreamWorks Studios for the first time has revealed the details about the first three movies they will be working on as part of their $825 million partnership.
 
‘I Am Number 4’, "Pirate Latitudes" and "Harvey" ...

Last Updated: 2009-09-04T16:38:27+05:30
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 ...

Last Updated: 2009-09-04T14:54:38+05:30
Adlabs Films, the media and entertainment company run by the Reliance Anil Dhirubhai Ambani Group, has announced that it will be rechristened as Reliance MediaWorks, maintaining all the necessary conformities and standards.
 
"The name Reliance MediaWorks Ltd more accurately reflects ...

Last Updated: 2009-08-22T12:40:26+05:30
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 ...

Last Updated: 2009-08-08T10:46:33+05:30
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 ...

Last Updated: 2009-08-07T09:41:58+05:30
According to Union Petroleum Minister, Murli Deora, government does not have any plans to take over the distribution of Krishna-Godavari gas. The Anil Ambani group and Mukesh Ambani's Reliance Industries are having a fight over the same.
 
"The old days of nationalisation are ...

Last Updated: 2009-08-03T13:09:42+05:30
Anil Ambani 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 ...

Last Updated: 2009-08-01T09:56:24+05:30
Anil Ambani 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 ...

Last Updated: 2009-08-01T09:46:57+05:30
Anil Ambani 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 ...

Last Updated: 2009-07-31T09:47:52+05:30
Anil Ambani 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 ...

Last Updated: 2009-07-30T16:21:12+05:30
Anil Ambani 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 ...

Last Updated: 2009-07-30T15:17:05+05:30
Ambani Brothers 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 ...

Last Updated: 2009-07-30T13:05:21+05:30
Anil Ambani 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.

Last Updated: 2009-07-29T15:55:11+05:30
Anil Ambani 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," ...



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