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New Reliance Mart at Tain Square, Pune

October 25, 2008 · Filed Under Reliance Retail · 6 Comments 

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A new Reliance Mart(hypermarket store) is opened at Tain Square, Fatimanagar, Pune on Saturday.

Spread across 43000 sq ft (built up) of shopping area, with 12,000 sq ft of column free retail space covered by a uniquely designed tensile structure, Reliance Mart provides the shoppers a never-before-experienced shopping delight, stated a press release.
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Adlabs Films Q2 Results: Net loss at Rs 207.7 million

October 25, 2008 · Filed Under Adlabs · Comment 

Adlabs Films Limited (ADLABS), a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, announced its results for the quarter ended September 30th 2008.
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Reliance Industries Q2 Result: Net profit jumps 7.43%

October 24, 2008 · Filed Under Reliance Industries · Comment 

Reliance Industries Ltd posted a 7.43 per cent jump in net profits for the July-September quarter of this financial year. The Oil and petrochemical major’s net profits stood at Rs 4,122 crore against Rs 3837 crore in the corresponding quarter last year, while its net turnover was at Rs 44,787 crore, up 40 per cent from the same period last year.
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Reliance: No talks with Chevron to sell additional stake in RPL

October 24, 2008 · Filed Under Reliance Petroleum · Comment 

As per Reuters report, U.S. oil major Chevron has not approached Reliance Industries Ltd about selling its 5 percent stake in Reliance Petroleum, a subsidiary of the Indian firm, a Reliance spokesman said on Thursday.
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Reliance Communications launches HTC Touch Diamond CDMA

October 24, 2008 · Filed Under Reliance Comm · 1 Comment 

Reliance Communications and HTC Corporation entered into a strategic alliance to introduce the innovation-packed HTC Touch Diamond - CDMA (P3051) in the Indian market.

Under the alliance, the HTC Touch Diamond - CDMA (P3051) will be exclusively provided on Reliance Communications state-of-the-art wireless network spread across 15,000 towns and 4 lakh Indian villages.
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Ex-colleague arrested in Reliance HR murder case

October 24, 2008 · Filed Under Reliance Industries · 1 Comment 

A former employee of Dhirubhai Ambani Knowledge City (DAKC) was arrested on Thursday, eight days after the alleged killing of the company’s employee, Anandita Goswami-Mishra, said a high-ranking police official.
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Reliance Power Q2 Result: Net profit of Rs 37.22 crore

October 24, 2008 · Filed Under Reliance Power · Comment 

Anil Ambani group company Reliance Power posted a net profit of Rs 37.22 crore for the September quarter of the curreny financial year.

The total income for the second quarter stood at Rs 56.96 crore. Last financial year’s figures were not available as the company listed its shars in February this year.
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Reliance Infrastructure to raise Rs 18000 to fund projects

October 24, 2008 · Filed Under Reliance Energy · Comment 

Reliance Infrastructure plans to borrow 170 billion to 180 billion rupees ($3.4 billion to $3.65 billion) over the next five to six years for funding its ongoing projects, its chief executive said on Wednesday.
The company has lined up about 12 projects in infrastructure and transmission. The project cost comes to about Rs 25,000 crore spread over five years.
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Reliance Infrastructure Q2 Result: Net up 15% at Rs 288.97 cr

October 24, 2008 · Filed Under Reliance Energy · Comment 

Anil Ambani Reliance Infrastructure Ltd on Wednesday said its net profit for the second quarter ended September 30 stood at Rs 288.97 crore, a 15.55 per cent growth over the corresponding period a year ago.

The firm had a net profit of Rs 250.08 crore in the September quarter of last fiscal, a company filing to the Bombay Stock Exchange said.
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Reliance Money enters into forex remittance business with controlling stake in Wall Street Finance

October 23, 2008 · Filed Under Reliance Money · 1 Comment 

Reliance Money Express (RME), an Anil Dhirubhai Ambani Group company, has gained control of Wall Street Finance, a Bombay Stock Exchange-listed company in the forex remittance business by becoming its largest shareholder.
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