Around 20 fertilizer and power companies stand to gain from the Bombay High Court order, allowing Mukesh Ambani-led Reliance Industries to sell gas from the Krishna-Godavari (KG) basin at $4.20 per million British thermal unit (mBtu). The court, however, reserved a final judgment in the case, brought by Anil Ambani-run Reliance Natural Resources (RNRL).
Continue reading Fertiliser, power firms to benefit from KG gas ruling
Monday, Reliance Communications Ltd., or RCom India’s foremost and integrated telecommunications service provider and the flagship company of the Reliance Anil Dhirubhai Ambani Group, said its board has approved the scheme of consolidating its infrastructure business, comprising towers and optic fiber assets, to Reliance Infratel Ltd., a subsidiary of the company.
Continue reading Reliance Communication board approves transfer of infrastructure assets to Reliance Infratel
Haryana Government has today signed an agreement with Reliance Infrastructure for upgrading the Gurgaon- Faridabad and Ballabgarh- Sohna roads at an estimated cost of around Rs 180 crore.
A spokesman of the Public Works Department said under this project, the road from Gurgaon to Faridabad would be four laned and that from Ballabhgarh to Sohna would be widened to 10 meters.
Continue reading Haryana Govt enters agreement with Reliance Infra to upgrade roads
Reliance Retail has dumped its cash & carry business, or wholesale trading plans, with the entire operational management headed reliance for an exit. The move to defer cash & carry operations, at least for the time being, is part of the firmâ€™s strategy to conserve cash in a deteriorating market, company sources said.
Continue reading Reliance Retail dumps its cash & carry business
Petroleum minister Murli Deora on Sunday urged the warring Ambani brothers to stop â€œfightingâ€, as it would be good for the country. â€œI want the (Ambani) brothers to stop fighting.
It will be good for the country. I am happy that the court has lifted ban on KG basin gas
sales. A lot of fertiliser and power plants in the country are idle or operating below capacity for the want of gas,â€ said Mr Deora, who was in Mumbai to honour the families of the army and police personnel, who lost their lives in the Mumbai terror attacks.
Continue reading Mukesh, Anil should stop fighting – Asks Petroleum Minister
The country’s 10 most valued firms witnessed an addition of over Rs 66,000 crore in their market capitalisation last week, with Reliance Industries regaining the Rs two trillion valuation turf.
Mukesh Ambani-led Reliance Industries remained the numero-uno in the elite club of 10 most valued firms by adding Rs 27,077 crore to its market capitalisation.
Continue reading Reliance Industries regains Rs 2 tn market capitalisation
With an aim to unlock shareholder value through possible investment by strategic and financial partners and bring in more transparency, Anil Ambani group is planning a major restructuring exercise for some of its business divisions at its infrastructure and telecom arms.
Continue reading Anil Ambani group plans to restructure infra and telecom businesses
Tag: 3g gsm,all gsm,coverage,gsm,gsm cdma,gsm cell,gsm cell phone,gsm cell phones,gsm cellular,gsm coverage,gsm handset,gsm mobile,gsm mobile phone,gsm mobile phones,gsm network,gsm networks,gsm phone,gsm phones,gsm roaming,gsm software,gsm standard,gsm support,gsm technology,gsm wireless,mobile,mobile phones,mobile-phones gsm,motorola gsm,network,prepaid gsm,samsung gsm,reliance mumbai,talk time,talk tim to,calling card,mobile, phone cards, prepaid,reliance call,reliance calling card,reliance card,reliance comm, reliance communications,reliance prepaid, reliance smart,tariff,Reliance number,reliance cellular,free ring tones.
Reliance Communications (R-Com), part of the Reliance-Anil Dhirubhai Ambani Group (R-ADAG), Sunday launched its GSM services in the national capital.
The Delhi launch comes after the company successfully started GSM services in 11,000 towns in the country.
“We got the licence for GSM services last year and within 11 months the company has launched the services in almost the entire country,” C.S. Rana, R-Com regional head – Delhi, Haryana and Rajasthan circles, told IANS.
The low-tariff and affordable services are not only appealing to the masses, but also promising better coverage, Rana said.
Continue reading Reliance GSM mobile service launched in New Delhi – NCR