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Reliance ADAG to enter broadcasting biz with lifestyle and English music channels

July 16, 2009 · Filed Under Reliance ADAG · Comment 

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Reliance ADAG is likely to kick-start its broadcasting business with the launch of a lifestyle and an English music channel, industry sources say.

The lifestyle channel will focus on fitness for which the content is being firmed up. Big Broadcasting, the entity which will own and operate Reliance’s TV channels, is also in talks with international music labels like Sony, BMG and Universal for the content lineup on its music channel.
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Reliance NIS academy looks to end job shortage

July 16, 2009 · Filed Under Reliance ADAG · Comment 

In order to cater to the rising demand for market ready professionals in fast growing verticals like finance, retail and telecom, training and education solutions provider NIS Academy has launched its operations in the city here on Wednesday. The NIS Academy, a Reliance Anil Dhirubhai Ambani venture, promises to offer employability-linked programmes at Intermediate and graduate level nurturing students into effective professionals.
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Ambani brothers may compete for Hyderabad Metro rail project

July 15, 2009 · Filed Under Reliance ADAG, Reliance Infrastructure · Comment 

The Ambani brothers are set to cross swords yet again with both Mukesh and Anil-owned companies making quick moves to bag the Rs 12,132 crore Hyderabad Metro Project for which the Andhra Pradesh government on Monday called for fresh global bids.

The Anil Ambani-owned Reliance Infra had made it amply clear even before the state government terminated the concessional agreement with the Maytas Infraled consortium on July 7 that that it would bid for the project provided fresh tenders are called for. In the previous bid for the metro project, Reliance Infra had sought a grant of Rs 2,811 crore.
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‘Suno Sunao, Life Banao’ Reliance Big FM echoes in Shimla

July 14, 2009 · Filed Under Reliance ADAG · Comment 

The tagline Suno Sunao, Life Banao of the Reliance Big FM is now echoing in Shimla, Himachal Pradesh. Yes, Big FM has launched its FM station in Shimla.

With the launch of FM station in Shimla by the honorable Chief Minister of Himachal Pradesh Prem Kumar Dhumal on 10 July 2009, Big FMs number of FM stations across India has grown to 45. Big FM has accomplished the phase II of its expansion in the country with Shimla FM station launch.
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Reliance Technology and Nexus among Red Herring’s Top 100 Global VCs

July 14, 2009 · Filed Under Reliance ADAG · Comment 

The country’s two venture capital firms, Anil Ambani Group’s Reliance Technology Ventures and Nexus India Capital, have been named in the Red Herring Top 100 Global Venture Capitals.

The two firms got a place in the top 100 winner list compiled by Red Herring, a media company in the US, from among more than a thousand known and active venture funds across the globe.

We are extremely proud of having been named a winner of the Red Herring Top 100 Global VC firms, Reliance Technology Ventures (RTVL) CEO Harshal J Shah said in a statement.
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Reliance employees from Adilabad donate blood

July 9, 2009 · Filed Under Reliance ADAG · Comment 

Employees of the Reliance Dhirubhai Ambani Group donated blood today marking the seventh death anniversary of Dhirubhai Ambani under the aegis of Indian Red Cross Society on the premises of Reliance office in Adilabad.

Speaking on the occasion, RIMS director Sriram Rathod said paucity of blood at various blood banks is coming in the way of treating serious cases in several hospitals and appealed to people to ensure that at least one of their family members donate blood every year.
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Reliance Technology Ventures Ltd (RTVL), winner of the Red Herring Top 100 Global Venture Capital firms

July 6, 2009 · Filed Under Reliance ADAG · Comment 

Red Herring, Inc., founded in 1993, is a media company whose mission is to cover innovation, technology, financing and entrepreneurial activity. For the first time since the venture industry’s creation, it has ranked the best performers on quantitative and qualitative basis. The first process was toscreen the Global VC 200 finalists from among more than a thousand known and active venture funds across the globe. It has selected the Top 100 and remarkably enough, realized that this group represents almost all of the exits, returns, or liquidity events that have happened since 2003.
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Reliance Mobile tie up with Aaj Tak : launch MMS news service

June 16, 2009 · Filed Under Reliance ADAG · Comment 

Reliance Mobile, the wholly owned subsidiary of Anil Dhirubhai Ambani group (ADAG), has tied up with Hindi news channel Aaj Tak to launch an MMS news subscription service for its subscribers.

The 30-day subscription module is priced at Rs 30 per month where customers will receive the MMS news alert two times a day.

The services will be available to pre-paid and post paid customers across Reliance CDMA and GSM networks.

Says Reliance Communications VAS head Krishna Durba, “We have seen large demand for news on the move.
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Anil Ambani Group opens Animation Media School in Pune

June 5, 2009 · Filed Under Reliance ADAG · Comment 

The Anil Ambani group has forayed into animation education by launching the Big Animation Infotainment and Media School or Big Aims, a training institute in Pune.

“Big Aims is unique and a first-of-its kind,” said Ashish Kulkarni, chief executive of Big Animation, the group company that launched the project and made the animated TV series “Little Krishna”.

“It will be a big leap for freshers, amateurs and aspirants to migrate to a much higher level of training practised by major Hollywood studios like Dreamworks,” Kulkarni told IANS over phone from Mumbai.

“We will train them and groom them to help learn the basics and principles of storytelling in animation and feature films,” he added.
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Reliance ADAG group companies among top stock performers

June 3, 2009 · Filed Under Reliance ADAG · Comment 

Three companies in the Reliance Anil Dhirubhai Ambani Group were among the five top-performing stocks of the S&P CNX Nifty of the National Stock Exchange (NSE) last week, all of them outshining the 50-share index by a wide margin.

With a gain of 52.7 percent, Reliance Capital was the best performer among the Nifty stocks. The broader index itself rose 15.44 percent, in which Infosys turned out to be the worst performer with a net loss of 4.43 percent, data with the bourse showed.

Realty major Unitech came next with 36.65 percent gain, followed by Reliance Infrastructure, up 36.71 percent, Reliance Communication, up 35.85 percent and Tata Steel, up 33.69 percent.
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