Reliance Industries: Growth is Life
Reliance Industries Limited (NSE: RELIANCE) is India's largest private sector conglomerate (by market value) ,
with an annual turnover of US$ 44.6 billion and profit of US$ 3.6 billion for the fiscal year ending in March
2010 making it one of India's private sector Fortune Global 500 companies, being ranked at 264th position (2009).
It was founded by the Indian industrialist Dhirubhai Ambani in 1966. Read more...
Latest News
Reliance Power Ltd seeks CAG rewrite on Sasan coal gains
NEW DELHI: Reliance Power Ltd (RPL) has requested CAG to drop observations that the company received “undue benefit” from the government’s decision to allow it to make in-house use of surplus coal from captive mines given to fuel Centre’s showcase power projects. CAG’s draft report on the audit of Sasan and Tilayia ultra-mega power projects, [...]
Schnitzer Provides Market Outlook for Third Quarter of Fiscal 2012
PORTLAND, Ore., May 17, 2012 (BUSINESS WIRE) — Schnitzer Steel Industries, Inc. /quotes/zigman/55215/quotes/nls/schn SCHN -1.07% announced today its market outlook for its third quarter of fiscal 2012. During the quarter, the global demand for recycled metals has remained soft and the tepid US economic recovery, together with lower than normal spring scrap flows, has contributed [...]
Reliance Power asks CAG to drop 'undue gains' remark
After the government recently reaffirmed its earlier decision to allow Reliance Power Ltd (R-Power) to divert surplus coal from its Sasan project in Madhya Pradesh for a nearby project, the company has asked the Comptroller and Auditor General (CAG) to drop its observations of “undue benefit” in a draft audit report. The final report is [...]
CPM seeks probe into role of PMO officers
The CPI(M) on Thursday urged PM Manmohan Singh to order a probe into the role of certain officers in PMO in facilitating a legal opinion for Reliance Industries’ move for increasing gas prices despite the Petro-leum Ministry having already turned it down. In a letter to Prime Minister on Thursday, the CPI(M) MP and CITU [...]
Dominion Citrus Limited Announces the Appointment of Ernie Collinson as Vice …
TORONTO, ONTARIO, May 17, 2012 (MARKETWIRE via COMTEX) — Dominion Citrus Limited (“DCL”) announces the appointment of Ernie Collinson, Certified General Accountant, as Vice President of Finance and Chief Financial Officer of Dominion Citrus Ltd. Mr. Collinson has worked for DCL for 10 years, as Corporate Controller for DCL for 5 years, and as Director [...]
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The Blog
RIL Enters Memorandum Of Understanding with TV18 and Network18
The rumours around RIL’s interest in Network 18 were not false, after all! In a landmark development, the Mukesh Ambani-led oil major ensured uninterrputed flow of rich content for its 4G services.
Nagarjuna Fertilisers and Chemicals Ltd”
Just Consider the following astonishing facts about NFCL and workout it`s worth:1. Situated at kakinada (land fall point of RIL Gas) in 1130 Acres of land. 2. Availability of Natural Gas at the cheapest Rate in comparison to others for next few decades. 3. Present Capacity of the plant is 1.6 Million Ton, which requires [...]
RIL may choose LTE standard
Reliance Industries Ltd (RIL) might choose the long-term evolution (LTE) technology for its broadband wireless access (BWA) services instead of rival standard WiMAX. The decision of reliance could have a deep impact on other undecided operators as it is the only firm to have fun spectrum in all the 22 circles in the country. RIL’s [...]
