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Amar Singh tapes suggest deals were fixed to help firms

May 13, 2011 · Filed Under Reliance Comm · Comment 

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The Supreme Court on Wednesday had lifted a 2006 gag order on the publication of the conversations, paving the way for the media to dig up details of the wily industrialist-cum-politican’s communications for public consumption.

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RIL-BP venture eyes ambitious LNG terminal

May 13, 2011 · Filed Under Reliance Industries · Comment 

Expanding its ties with UK’s oil major BP, Mukesh Ambani-led Reliance Industries Ltd (RIL) may soon announce plans to set up multi-billion dollar liquefied natural gas (LNG) import terminal to meet rising demand for gas. RIL, which is likely to source LNG cargoes from BP’s gas fields across the glo
be, could also offer the British energy major an equity stake in the new terminal. The location of the terminal is being finalised, said a source close to the company, adding, it could come up on the western or eastern coast of India.

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RCom gets second tranche of loan from China Bank

May 13, 2011 · Filed Under Reliance Comm · Comment 

Reliance Communications has drawn Rs 1,780 crore in the second tranche of a loan from China Development Bank. This is part of the Rs 8,700 crore syndicated loan arrangement with the Chinese bank mainly to refinance the short-term debt the Anil Ambani group company took for acquiring third generation or 3G spectrum.

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Dhirubhai Ambani-UAA Life Time Achievement Award : Professor CNR Rao

May 13, 2011 · Filed Under Ambani Family · Comment 

Professor CNR Rao had qualified for the third Dhirubhai Ambani-UAA Life Time Achievement Award promoted by UDCT Alumni Association (UAA) and Reliance Industries Limited following observance by National Technology Day and International Year of Chemistry at The Institute of Chemical Technology, Matunga. The annual award was founded in the memory of late Dhirubhai Ambani.

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Reliance TV will offer 250 HD channels

May 13, 2011 · Filed Under Reliance Big TV · 1 Comment 

Direct-to-home (DTH) television service provider, Reliance Digital TV, said on Wednesday it will offer 250 channels on its network in superior High Definition (HD) like quality, pushing it ahead of competitors who offer just a few such channels to their customers currently.

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Reliance Mutual Fund Launches Reliance Fixed Horizon Fund - XVIII - Series 12

May 13, 2011 · Filed Under Reliance MF · Comment 

Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund - XVIII - Series 12, a close ended income scheme with the duration of 181 days from the date of allotment. During the New Fund Offer (NFO) the scheme will offer units at Rs. 10 per unit. The new issue will be open for subscription from 24 May and close on 25 May 2011.

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