RIL to raise funds via NCDs for expansion

December 16, 2008 · Filed Under Videos · Comment 

Reliance Industries chairman Mukesh Ambani is a man in a hurry with huge expansion plans in exploration, refining, petrochemical and retail over the next two months.Though it is difficult to raise cash in today’s risk adverse market, but like many of its peers, Reliance too has got assistance from the country’s largest insurer, LIC, to tide over the current cash crunch.

Ratings:

No Change In Rules: IRDA

December 16, 2008 · Filed Under Videos · Comment 

The big names in India Inc, from Reliance to Tata Steel, Larsen & Tourbo and Mahindra & Mahindra, were all relying on the Life Insurance Corporation (LIC) to raise rupee debt via non-convertible debentures, since equities got devalued and overseas debt became expensive. There was pressure on the insurance regulator, IRDA to allow LIC to invest more aggressively in these corporate debt instruments.

Ratings:

Mukesh Ambani’s new gameplan

December 16, 2008 · Filed Under Videos · Comment 

Trust India’s biggest private company, Reliance Industries, to play such a googly which will ensure that its gas is not given away to Anil Ambani’s power projects and also help it raise more money from markets. That is because the upstream regulator has approved its plan to offload 80 per cent of its stake in the D6 block to four affiliates. With the DGH’s stamp on transfer of 80 per cent of RIL’s interest in the D6 block to four smaller affiliates all the doors have opened for Mukesh Ambani.

Ratings:

RCOM’s GSM plans on hold?

December 16, 2008 · Filed Under Videos · Comment 

The existing GSM players want Reliance Communication to enter into a new interconnection agreement with them. This will ensure that a call from a Reliance phone reaches the intended receiver who may be using an Airtel phone. For this to happen both companies have to sign an agreement under which Airtel allows the Reliance call to enter and travel on its network.

Ratings:

Indian Top Stock: Buy Reliance Communication (RLCMY:OTC)

May 12, 2008 · Filed Under Reliance Communication · Comment 

Indian Top Stock: Buy Reliance Communication (RLCMY:OTC)
By support@todaysfinancialnews.com (TodaysFinancia…
Baltimore — (TFN): Despite the global downturn, Indias economy is growing and its middle class is expanding rapidly. Material Profits‘ Chris DeHaemer reveals why he thinks Reliance Communications is in a unique position to profit.

Reliance Communications places order worth US$ 1 billion; Q4 Net …

May 2, 2008 · Filed Under Reliance Communication · Comment 

Reliance Communications places order worth US$ 1 billion; Q4 Net
TopNews - Noida,Uttar Pradesh,India
Reliance Communications (RCom), India’s No. 2 mobile operator, has placed orders worth $1 billion (around Rs 4000 crore) for equipment and electronics for

Reliance Power puts IPO money in Mutual Funds

May 2, 2008 · Filed Under Reliance Power · Comment 

Reliance Power puts IPO money in Mutual Funds
By admin
Reliance Power Ltd, which raised Rs 11562 crore in its IPO in January last, has temporarily parked almost the entire money in mutual funds. The 2007-08 financial results declared by the company on Monday show that Rs 11412.81 crore is

Reliance Capital Q4 net increases 19%

April 30, 2008 · Filed Under Reliance Capital · Comment 

Reliance Capital Q4 net increases 19%
Business Standard - Mumbai,Maharashtra,India
Reliance Capital today reported a 19 per cent rise in the consolidated net profit at Rs 365.57 crore for the fourth quarter ended March 2008 compared with

India’s Reliance Capital FY net profit 10.09 bln rupees vs 7.03 bln

April 30, 2008 · Filed Under Reliance Capital · Comment 

India’s Reliance Capital FY net profit 10.09 bln rupees vs 7.03 bln
Forbes - NY,USA
MUMBAI (Thomson Financial) - Reliance Capital Ltd., controlled by Indian billionaire Anil Ambani, said its full-year net profit rose to 10.09 billion rupees

Reliance Capital capitalises on good FY 2008 numbers

April 30, 2008 · Filed Under Reliance Capital · Comment 

Reliance Capital capitalises on good FY 2008 numbers
NDTV.com - New Delhi,India
Reliance Capital’s total income rose 135.30% to Rs 2079.79 crore in the year ended March 2008 (FY 2008) over the year ended March 2007.

Next Page »