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Reliance Power to Buy First Solar Panels for U.S.-Backed Project

September 6, 2011 · Filed Under Reliance Power · Comment 

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Indian billionaire Anil Ambani- controlled Reliance Power Ltd. (RPWR) will buy solar panels from First Solar Inc. (FSLR), the world’s second-biggest maker of the equipment by sales, for a 100-megawatt project backed by U.S. funding.
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RCom units merger to render 700 staff jobless

September 6, 2011 · Filed Under Reliance Comm · Comment 

Reliance Communications, India’s second largest telco by subscribers, is merging its three business divisions, a move that will make about 10% of its 7,000 executives redundant and result in redeployment of another 2,000 employees to field functions.
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Ambani at India-Japan Global Partnership: Bring SME business to India

September 6, 2011 · Filed Under Reliance Industries · Comment 

Billionaire Mukesh Ambani, chairman and managing director of Reliance Industries Ltd, said on Monday that his company was looking at forging new partnerships with small and medium enterprises (SMEs) in Japan.
We need to look for new dimensions in partnerships, Ambani said at the inaugural session of the three-day India-Japan Global Partnership Summit at Tokyo.
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