Ambanis come together on New Year’s Eve
Ambani brothers Mr Mukesh and Mr Anil came together to celebrate sister Ms Dipti Salgaocar’s silver marriage anniversary on New Year’s eve in Goa, amid speculation they may bury differences sooner than later.
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Mukesh Ambani offers prayers at Balaji temple
After commissioning Reliance Petroleum units at Jamnagar in Gujarat as the world’s largest refining hub, Reliance Industries Chairman Mukesh Ambani offered prayers at the famous hill shrine of Lord Venkateswara at Tirumala near here.
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Chronology Of Events - Dhirubhai Ambani
1932 : Dhirubhai Ambani was born.
1949 : At the age of 17, he went to Aden, and worked for A. Besse & Co., the sole selling distributor of Shell products.
1958 : Dhirubhai Ambani returned to India.
1958 : Started his first company in Mumbai, Reliance Commercial Corporation, a commodity trading and export house.
1966 : Set up a textile mill in Naroda, Ahmedabad - the first step in Reliance’s road to success.
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The Ambani Family Tree
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RIL gets Rs 2.8 crore grant from US govt for its coal-to-liquid fuel project
India’s top corporate Reliance Industries, led by the country’s richest person Mukesh Ambani, has received a grant of 600,000 dollars (less than Rs 3 crore) for its proposed coal-to-liquid fuel project.
The domestic petrochemicals giant itself is contributing 391,305 dollars (less than Rs 2 crore) to fund the feasibility study for the project, while another US company Headwaters CTL LLC is also putting in 120,000 dollars.
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Reliance asks security cover for its Jamnagar Refinery Complex
Mukesh Ambani-owned Reliance Industries Limited (RIL) has sought security cover from the government for its refinery complex at Jamnagar, in the wake of the recent terror attacks in Mumbai.
Reliance, whose Jamnagar facility is the largest petrochemical hub in the country, wants the security to be of the same standards as in atomic power installations.
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US Congressmen asks to revoke loan to Reliance
A group of US Congressmen have asked the country’s Export-Import Bank to suspend $900 million worth assistance to Reliance Industries, until the Mukesh Ambani-led Indian conglomerate stops business with Iran.
In a statement issued here, Congressman Brad Sherman said that he along with a “bipartisan group of House colleagues” have sent… letter to the Ex-Im president calling on the bank to suspend assistance for RIL, until it agrees to stop selling gasoline to Iran.
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Slowdown causes Reliance Retail to revamp store formats
Almost two years after opening its first retail store ‘Reliance Fresh’ way back in November 2006, Mukesh Ambani is going back to the drawing board once again.
While the company has so far opened around 20 different formats of retailing, NDTV learns they are now consolidating their various formats.
There would be three main business units, value, lifestyle and joint ventures.
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RIL is planning for shared service center to cut cost
India`s largest private sector company Reliance Industries (RIL) as part of it`s cost cutting move is working on setting up a shared service centre that will integrate core support functions, HR, training, commercials and IT services, of all group companies into one unit in Mumbai, reports Economic Times.
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Pawan Kumar Kapil appointed as Additional Director at Reliance Petroleum
Mukesh Ambani Group firm Reliance Petroleum on Wednesday announced the appointment of Pawan Kumar Kapil as an additional director of the company.
“Pawan Kumar Kapil has been appointed as an Additional Director of the company with effect from December 15, 2008,” Reliance Petroleum Ltd said in a filing to the Bombay Stock Exchange.
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