• Subscribe to Reliance Insider Subscribe to the RSS Feed
    Subscribe to Reliance Insider

    Get daily updates by email:

Latest Updates
Reliance GSM Free Call Offers
Netconnect Broadband Internet Plans
Immediate Jobs Requirement in RIL/ RComm
Latest Reliance Mobile Ring Tones
Reliance GSM Mobile Services Logo
Base Tariff Details Top Up Cards
Customer Experience Pack How to Buy

Reliance Capital, Daiwa to launch i-banking in India

October 20, 2009 · Filed Under Reliance Capital · Comment 

Anil Ambani-controlled Reliance Capital, through its subsidiary Reliance Securities, is entering into a strategic alliance with Japan’s second-largest investment bank Daiwa Securities to set up investment banking business in India.

The deal will enable the two firms to share clients in their domestic markets. With Daiwa, Reliance Capital will be able to tap Japan’s pool of high net worth individuals who want a slice of the India story, said an official involved in the deal requesting anonymity as he is not authorised to speak to the media. A Reliance Capital spokesman declined to comment for this story.
Continue Reading »»

Reliance Money may merge with Reliance Equities

July 29, 2009 · Filed Under Reliance Money · 1 Comment 

Amid media reports of Sudip Bandyopadhyay, CEO, Reliance Money, looking to exit the company by September, buzz on the Street is that Reliance Capital’s retail broking arm, Reliance Money, is likely to be merged with its institutional counterpart, Reliance Equities International.

Of the two, Reliance Equities is said to be on a stronger footing at the moment. This is not surprising, considering that the stock market rally since March this year has been driven by institutional investors. Market watchers say the merger, if it happens, makes sense in the current environment.
Continue Reading »»

Sudip Bandyopadhyay may leave Reliance Money

July 16, 2009 · Filed Under Reliance Money · Comment 

Sudip Bandyopadhyay, the face of Reliance Money, Reliance Capital’s broking, distribution and money transfer arm, is on his way out.

Sources told DNA Money he is likely to continue with the brokerage-cum-money transfer major till September.He is said to be joining a media and entertainment company.

But Bandyopadhyay denied any such move. It’s baseless. I am still with Reliance Money, he said. The stage for his exit was set about three months ago, when Reliance Money had elevated him to a position of managing director, the sources said.
Continue Reading »»

Reliance Big TV launches new interactive portfolio tracking feature iStock

July 5, 2009 · Filed Under Reliance Big TV · Comment 

Reliance Big TV today on Thursday its new interactive feature, iStock, the country’s first portfolio tracking application through its DTH platform. The application is launched in association with Reliance Money which created a unique iStock zone on Reliance Big TV’s DTH platform.

The zone will not only provide information on Indian and international indices, currencies, commodities, stocks and stock market news, but also provide Reliance Big TV customers with value added services including a personal portfolio management tracker.
Continue Reading »»

Reliance Big TV and Reliance Money launches iStock

July 2, 2009 · Filed Under Reliance Big TV · Comment 

In yet another attempt to offer its consumers an interactive and innovative feature, Reliance Big TV on July 2, 2009, launched iStock, a portfolio tracking service through their DTH platform in association with Reliance Money. Reliance Money has created an iStock zone on Big TV’s DTH platform. This zone will not only provide information about Indian and international indices, currencies, commodity, stock and market news, but also provide customers with value added services, including a personal portfolio management tracker. Big TV, which currently has around two million subscribers, is eyeing three million subscribers this year.
Continue Reading »»

Reliance Money best equity broking house for 2009: Dun & Bradstreet

May 27, 2009 · Filed Under Reliance Money · Comment 

Anil Dhirubhai Ambani Group firm Reliance Money has been adjudged as the best equity broking house for 2009 by research firm Dun and Bradstreet.

Besides, Reliance Money has also bagged the top broker award in the largest e-broking house segment of  D and B, the company said in statement today.

“This recognition is testimonial to the hard work and dedication of the entire team of Reliance Money.As an organisation, we constantly endeavour to find innovative methods to provide the highest levels of ease, convenience, cost-effectiveness and security to our customers,” Reliance Money MD Sudip Bandyopadhyay said.
Continue Reading »»

Reliance Money launches “Reliance Money Travel Currency Card”

May 27, 2009 · Filed Under Reliance Money · Comment 

Reliance Money, part of the Reliance Anil Dhirubhai Ambani Group, on Monday launched the ‘Reliance Money Travel Currency Card’ in collaboration with Citibank.

The Reliance Money Travel Currency Card is a multi-use, prepaid (ATM access and point-of-sale-enabled) card, loadable in US Dollars, Euro and GBP. Aimed at overseas travelers, the product has been launched in collaboration with Citibank and available in US dollars, Euro and GBP.

Issued by Citibank, the Card offers all the conveniences of plastic money by allowing customers to purchase goods and services by simply swiping the card over 13.5 million VISA enabled point-of-sale terminals worldwide and 900,000 Visa ATMs across the world.
Continue Reading »»

About 10-15 per cent job cuts in Reliance Money

April 27, 2009 · Filed Under Reliance Money · Comment 

Tags: Reliance Money, Money transfer, Money exchange, Selling Gold Coins, Jobs, Hiring, Job cuts, Job Layoffs,.

Anil Ambani Group firm Reliance Money on Monday said it is undertaking a performance monitoring exercise for its staff which could result in separation of about 300 employees due to their under-performance.
Continue Reading »»

Reliance Money starts trial runs of its commodity spot exchange

April 16, 2009 · Filed Under Reliance Money · Comment 


Local brokerage Reliance Money Ltd has started trial runs of its commodity spot exchange as it chases a mid-May timeline.

“Trial runs are on for both agricultural and non-agricultural products. We should launch operations in about a month,” said Sudip Bandyopadhayay, chief executive officer of Reliance Money, a wholly owned subsidiary of Anil Ambani-controlled financial services company Reliance Capital Ltd.
Continue Reading »»

Sudip Bandyopadhyay elevated as MD, Reliance Money

April 3, 2009 · Filed Under Reliance Money · Comment 

Reliance Money, part of the Reliance Anil Dhirubhai Ambani Group, decided to elevate Sudip Bandyopadhyay who is the current chief executive officer of the company, to the post of managing director as part of the company’s overall growth plans.

At the same time, Jhuma Guha will take over as CEO – OTC services, Reliance Money; while Kapil Bali will now take over as CEO – broking & distribution, Reliance Money.
Continue Reading »»

Next Page »