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Reliance ADAG\’s BIG Music & Home Entertainment inks exclusive deal with Warner

July 30, 2008 · Filed Under Reliance ADAG · 3 Comments 

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Reliance Anil Dhirubhai Ambani Group company BIG Music & Home Entertainment has signed on Warner Home Video as its exclusive home video licensee for India, Sri Lanka and Bangladesh.
Under the strategic alliance BIG Music & Home Entertainment will market and distribute VCD, DVD and Blu Ray products from Warner Home Video, which has titles like the classic Gone with the Wind and Doctor Zhivago,The Matrix Trilogy, 300, and the Harry Potter, Batman and Superman franchises. Continue Reading »»

Reliance Capital Q1 net up 5% at Rs 343.07 cr

July 30, 2008 · Filed Under Reliance Capital · Comment 

Anil Ambani group firm Reliance Capital today announced a consolidated net profit of Rs 343.07 crore in the first quarter ended June 30, a five per cent growth over the corresponding period a year-ago.
The firm had a net profit of Rs 325.26 crore in the same quarter in FY08, Reliance Capital said in a filing to the Bombay Stock Exchange. Continue Reading »»

Reliance Globalcom partners Internap to launch Application, Content Delivery Services in India

July 30, 2008 · Filed Under Reliance Globalcom · Comment 

Reliance Globalcom, a unit of Reliance Communications has tied up with Internap Network Services Corporation, a provider of end-to-end Internet Business Solutions, with the aim of catering content and application Delivery Network Services to Indian market, amounted to be of Rs.1,163 Crore by 2010. Continue Reading »»

Reliance Globalcom and Juniper Networks Scale Metro Area Network

July 28, 2008 · Filed Under Reliance Globalcom · Comment 

Reliance Globalcom and Juniper Networks, Inc. (NASDAQ:JNPR), the leader in high-performance networking, today announced that Reliance Globalcom is upgrading its metro network in the U.S. with Juniper’s high-performance MX-series Ethernet Services Routers and M120 Multiservice Edge Routers to support 10 Gigabit Ethernet (GbE) and beyond in major metropolitan areas. The upgrade extends Multiprotocol Label Switching (MPLS) and Virtual Private LAN Service (VPLS) to the network edge, improving network performance and ensuring scalability to address forthcoming demands for additional capacity. Continue Reading »»

Reliance resumes fuel supply to Iran - trade

July 28, 2008 · Filed Under Reliance Industries · Comment 

Indian refiner Reliance Industries has resumed fuel supplies to Iran from July after halting it in the last quarter of 2007 over credit issues, four trade sources familiar with the deal said.
However financing arrangement for the sale is not yet clear. Continue Reading »»

Reliance Infra in cooperation agreement with Shanghai Electric

July 28, 2008 · Filed Under Reliance Infrastructure · Comment 

Reliance Infrastructure belonging to Anil Ambani group has signed an agreement with Shanghai Electric Corporation of China for implementing its mega plans in power sector
In a press note, Reliance Infrastructure, earlier known as Reliance Energy said, it has signed a framework agreement for long term cooperation with Shanghai Electric for various identified areas in Indian power sector. Continue Reading »»

Reliance Infra Q1 net profit swells up 14%

July 28, 2008 · Filed Under Reliance Infrastructure · Comment 

Reliance Infrastructure, owned by billionaire Anil Ambani, said net profit for the first quarter of financial year 2009 rose 14 per cent helped by higher operational efficiencies in power generation and bigger equipment orders. Continue Reading »»

Reliance Autozone launches retail store

July 28, 2008 · Filed Under Reliance Retail · 24 Comments 

Reliance Autozone, a subsidiary of Reliance Industries Limited, has launched an automotive speciality store at Ambience Mall, Gurgaon, adjacent to the national capital. Continue Reading »»

Reliance Industries: Worrying signals

July 28, 2008 · Filed Under Reliance Industries · Comment 

Reliance Industries’ first quarter results for 2008-09, declared on Thursday, apart from being a tepid show, throws up some worrying signs on the near-term outlook for the company. Not surprising then, that the market sent the stock down by 6.41 per cent to Rs 2,158 on Friday, higher than the 3.4-per cent fall in the Sensex for the day. Continue Reading »»

Reliance Power posts Rs. 61 cr. profit

July 28, 2008 · Filed Under Reliance Power · Comment 

Reliance Power on Friday reported a net profit of Rs. 61 crore for the quarter ended June 30, 2008, while another Anil Dhirubhai Ambani Group (ADAG) company Reliance Natural Resources Limited (RNRL) reported a net profit of Rs. 16 crore for the same quarter. Continue Reading »»