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RIL Executive Director R Ravimohan passes away

December 30, 2009 · Filed Under Reliance Industries · Comment 

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Reliance Industries Executive Director R Ravimohan is no more. He died Monday night due to a severe cardiac arrest. He was 52. Ravimohan is survived by wife Madhuralakshmi, daughter Hridaya and son Jagad.

Regarded as one of India’s finest brains in the financial world, Ravimohan was till last September Managing Director and Region Head, South and South East Asia, Standard & Poor’s.

A qualified chemical engineer and Harvard Business School alumni, Ravimohan was in the special team formed for the acquisition of the petrochemicals company LyondellBasell that was headed by Mukesh Ambani’s right hand man Manoj Modi. He was looking after the acquisition strategy and financial aspects of the deal. It will be difficult for the company to replace such a skilled personality, a company executive said.
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Unlimited Calling at night : Reliance Mobile new offer

December 30, 2009 · Filed Under Reliance Mobile · 4 Comments 

Rcomm launched an new offer for those who would like to call their friends and family at night without any limits. The new recharge voucher is available at Rs.59 and offers unlimited Local and STD calls to any Reliance Mobile (GSM and CDMA) subscribers between 11pm to 6 am.

You get unlimited Reliance to Reliance calling and also 50% discount on all Local and STD calls to any mobiles or landlines in India between 11pm to 6am. This plan is available only for Simply Reliance, 1 paisa per second and 50 paisa per minute subscribers. This plan is not valid for Simply Reliance – 1 Rs./3 mins subscribers.
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Kurbaan and Wanted available on Reliance Big TV ppv platform

December 30, 2009 · Filed Under Reliance Big TV · Comment 

DTH operators are now showcasing the Saif Ali Khan-starrer Kurbaan and Salman Khan’s Wanted on their pay-per-view platform.

Reliance Big TV will premiere Kurbaan on 2 January while Salman Khan’s Wanted is currently being shown on its platform. Both the films are part of the platform’s New Year offerings to its subscribers.

Kurbaan and Wanted will be available on Reliance Big TV’s ppv platform for Rs 100 and Rs 75 for a 24-hour pass.

Meanwhile, Dish TV is currently showing Kurbaan at Rs 100 per view while Tata Sky is offering both Kurbaan and Wanted at Rs 100 per view each.
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Reliance Rosa Power Plant Starts Generating Power

December 30, 2009 · Filed Under Reliance Power · 9 Comments 

Anil Ambani-controlled Reliance Power commenced generating power at its Rs 6,000-crore Rosa Power Project in the northern state of Uttar Pradesh on Monday, reports suggest.

The coal-based 1,200 Mw project comprises two stages of 600 Mw each. The first stage has been completed nearly four months ahead of the schedule.

When the Rosa Project reaches full steam, it would account for almost 30 per cent of the total thermal power generation in UP, Reliance Power CEO J P Chalasani reportedly said.
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Dhirubhai Ambani 76th birth anniversary today

December 28, 2009 · Filed Under Ambani Family · Comment 

The most enterprising Indian entrepreneur Dhirajlal Hirachand Ambani, also known as Dhirubhai today turned 76.

Dhirubhai Ambani was an Indian rags-to-riches business tycoon who founded Reliance Industries in Mumbai with his cousin. It was indeed his Ambitious nature, prevalent in most Capricorns, which made such a phenomenal rise possible.

Dhiru Bhai Ambani built Indias largest private sector company. Created an equity cult in the Indian capital market. Reliance is the first Indian company to feature in Forbes 500 list
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Anil Ambani thanks to his brother Mukesh through film 3 Idiots

December 28, 2009 · Filed Under Ambani Family · Comment 

If you though there was no love left between estranged brothers Anil Ambani and Mukesh Ambani as many might have missed Anil’s warm gesture to his brother Mukesh in the movie 3 Idiots. The opening credits of the Reliance Big Pictures’ movie 3 Idiots thanked Mukesh Ambani. This raised many eyebrows as the two brother have had bitter relationship since splitting their family business a few years ago.
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Indian cricketers to play match at Reliance Jamnagar Refinery

December 28, 2009 · Filed Under Reliance Industries · Comment 

Star cricketers of the Indian cricket team, including Sachin Tendulkar, Virendra Sehwag and others will play a day-and-night friendly match at the Reliance Refinery in Moti Khavdi in Jamnagar tomorrow.

The limited overs friendly day-and-night match is to be played between the Indian cricket team and Reliance team, sources from the refinery said here today.

Sources said that the match is nothing more than a family function.

Cricketers like Sachin Tendulkar, Virendar Sehwag, Harbhajan Singh, Gautam Gambhir, Ashish Nehra, Ravindra Jadeja, Sudip Tyagi and players of Mumbai Indians, owned by Reliance for Indian Premier League are likely to play the match, they said.
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Reliance Power Rosa plant project takes off today

December 28, 2009 · Filed Under Reliance Power · 2 Comments 

One of the four 300 MW-capacity units of a thermal power plant developed by Reliance Power here was commissioned here Monday morning.

The second 300 MW-unit will be commissioned by the end of January, and will be followed by the other two 300 MW-units by March 2012. The 1,200-MW plant at Roja, is located about 175 km from Uttar Pradesh capital Lucknow.

In fact, March 2012 would mark the beginning of a new era in the history of Reliance Power as we hope to simultaneously commission two other power projects — a 600-MW plant in Nagpur and a 1,300-MW plant at Sasan in Madhya Pradesh, said Reliance Power chief executive officer J.P. Chalasani.
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Reliance is running misleading ad campaigns : ASCI

December 28, 2009 · Filed Under Reliance Comm · Comment 

The Advertising Standards Council of India last week pulled up 15 major consumer goods and service companies for running misleading or otherwise improper ad campaigns between July and October this year.

The companies that include Reliance Communications, Idea Cellular, fast moving consumer goods maker Dabur, Elder Pharma, and coaching centre Career Launcher, have been asked to modify their ads after investigation by the ASCI’s consumer complaints council.

Reliance Communications was quick to act, suspending a television commercial, which failed to substantiate its claim that it is the fastest mobile broadband service in India, as it gave no comparative data of other mobile services. The company said it was making modifications in the commercial.
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Japan PM meets Industrialist Mukesh Ambani

December 28, 2009 · Filed Under Reliance Industries · Comment 

Visiting Japanese Prime Minister Yukio Hatoyama today held discussions with the industrial doyens of India to further the economic and commercial relations between the two countries and to take the strategic Indo-Japanese relations to a new high.

Mr Hatoyama, making his first visit to India after he took over the reins of Japan in September, arrived here yesterday. He would be in New Delhi this afternoon, where he would hold a meeting with Prime Minister Manmohan Singh at the Hyderabad House tomorrow.
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