Everything on ‘Reliance Institute of Life Sciences’
RIL's next big bang: 4G?
After securing a cash commitment of $7.2 billion (R32,400 crore) from UK energy major BP Plc under a landmark deal announced on Monday, the next big announcement from the Mukesh Ambani-controlled Reliance Industries Ltd (RIL) is expected to be the roll-out of fourth generation (4G) wireless infocom s ervices. Apart from this, RIL has also [...]
Previously shelved plans for Jamnagar cracker tabled again / Indian group has great ambitions for polyolefins
Indias largest polymer producer Reliance Industries (RIL, Mumbai; www.ril.com) has breathed new life into its plans, first announced in 2007 (see Plasteurope.com of 08.03.2007), to build a cracker and downstream facilities in Jamnagar, in the southwestern Indian province of Gujarat. Plans for the petrochemical complex, which is located in a special economic zone, were put [...]
Indian stock market and companies daily report (September 01, 2010, Wednesday)
Indian stock market and companies daily report (September 01, 2010, Wednesday) By Angel Broking The market opened on a weak note, tracking lower Asian stocks and extended losses in mid-morning trade as RILs stock fell on the news of its acquisition of stake in EIH Ltd. Further, weak global stocks offset data showing robust [...]
RIL to take US lessons for shale E&P in India
Mumbai: Reliance Industries Ltd (RIL), which on Thursday announced its third shale gas asset acquisition in the US this year for Rs 1,800 crore, will leverage the technological acumen gained from operating those assets to aggressively bid for shale gas assets in India, when the government invites bids for shale gas exploration & production (E&P) [...]
Interesting devices RIL can consider for bundling
Corporate – Others By: Nilabh Jha| afaqs! Telecom Yatra | New Delhi, July 29, 2010 What Mukesh Ambani did ten years ago with CDMA, he is all set to recreate with broadband. His company had then introduced low cost handsets bundled with the connection, which helped mobile telephony reach the masses. His plan for Infotel [...]
RIL ups ante against oil min, refuses to obey order on gas supply
New Delhi: Upping its ante against the oil ministry, Reliance Industries has said it could not give natural gas to new customers by cutting supplies to power and fertiliser plants. Stating that the ministrys order was in violation of the gas utilisation policy, RIL has suggested that a panel of ministers should discuss the matter. [...]
India scouts for international LNG deals as prices stay low
New Delhi: India is planning an aggressive foray into the global market for natural gas, as it reckons that the output from Reliance Industries KG-D6 block would hardly meet the growing demand from key sectors like fertilisers. With the recent fall in prices, long-term contracts in the global gas market have shifted in favour of [...]
: RIL's telecom plan risky: Moody's
: RILs telecom plan risky: Moodys International rating agency Moodys on Monday said the risk profile of Reliance Industries has increased following its entry into untested telecom space by acquiring Infotel Broadband Services, but has retained the stable outlook of the Mukesh Ambani-owned company. Despite the increased business risks, the rating agency affirmed Baa2 ratings, [...]
Cheaper coal-based power could trump RIL's D6 ramp-up plan
New Delhi: Indian power sectors continued difficulty in absorbing gas supplied at a market-determined price is reating hurdles for Reliance Industries plans to ramp up production from its D6 block in K-G basin. A number of power plants using gas from RILs D6 block were forced to cut their generation in April in the face [...]
RIL plans $1-bn buys, US gas firm on radar
Mumbai: Mukesh Ambani-promoted Reliance Industries is scouting for new energy assets in the US, including some owned by exploration and production company East Resources, sources told FE. RIL could pick up energy assets including shale gas worth $1 billion (around Rs 4,700 crore) and an announcement to this effect is expected to be made in [...]
