Anil Ambani

RIL hopes for Rs 10,000-cr capex in remaining part of FY'15

Reliance Industries, which Monday reported a 1.7 percent rise in net profit at Rs 5,972 crore for the three months to September, expects up to Rs 10,000 crore capital expenditure in the remaining part of this fiscal.

Oct 13, 2014, 22:53 PM IST

CBI probe against IRDA, Reliance General Insurance

CBI has started a probe into alleged undervaluation of penalty to the tune of nearly Rs 17,500 crore on Reliance General Insurance Company Limited.

Oct 13, 2014, 09:15 AM IST

Reliance Group to invest Rs 60,000 crore in Madhya Pradesh

"We commit ourselves to partner the state of Madhya Pradesh to become the leading industrial state in the country," the Reliance Group chairman said.

Oct 09, 2014, 15:58 PM IST

Anil Ambani dedicates himself to Swachh Bharat movement

As top executives picked up brooms on Prime Minister Narendra Modi's call to rid the country of litter and rubbish, Reliance Group Chairman Anil Ambani Thursday said he is dedicating himself to the movement.

Oct 02, 2014, 17:54 PM IST

RPower plans Rs 50,000-cr capex over next five years

Reliance Power (RPower) plans to invest nearly Rs 50,000 crore in the next five years to undertake various expansion projects, including increasing power generation and coal production.

Sep 30, 2014, 22:32 PM IST

RInfra plans to triple cement capacity in 3 yrs to 15mt

Reliance Infrastructure (RInfra) plans to nearly triple its cement generation capacity to 15 million tonne per annum (mtpa) over the next three years.

Sep 30, 2014, 21:43 PM IST

RCap planning separate health insurance company: Ambani

Bullish on growth prospects of Reliance Capital, Anil Ambani Tuesday said the group plans to have a separate company for health insurance business.

Sep 30, 2014, 19:07 PM IST

RCom plans to steeply pare debt by Rs 15,000 cr over next 2 yrs

Reliance Communications on Tuesday said it plans to reduce its debt to below Rs 20,000 crore in the next couple of years and also will roll out 4G services by next fiscal.

Sep 30, 2014, 18:17 PM IST

Reliance Capital to double market capitalisation in 3-4 yrs: Ambani

Besides Reliance Capital, which has applied for universal banking licence, would explore all opportunities in the banking space.

Sep 30, 2014, 14:56 PM IST

Reliance MF to launch India-focussed funds abroad

RCAM is part of Anil Ambani-led business conglomerate Reliance Group's financial services arm Reliance Capital.

Sep 29, 2014, 12:53 PM IST

RCom to seek approval to issue shares to QIBs at AGM

Telecom services provider Reliance Communications Thursday said it will seek shareholders' approval to raise funds through securities from Qualified Institutional Buyers at its annual general meeting on September 30.

Sep 04, 2014, 19:12 PM IST

Reliance Cap-Nippon Life launch two funds, eye bank in India

The Anil Ambani-led Reliance Capital and Nippon Life Insurance Group on Monday announced two funds for Japanese investors in the Indian equity and bond markets and to jointly start a commercial bank when permission comes from Indian authorities.

Sep 01, 2014, 11:04 AM IST

RCom aims to lower debt by 37% to Rs 25,500 cr in 1 year

The Anil Ambani-led company plans to use the key infrastructure-- mobile towers and optical fibre-- of his elder brother Mukesh Ambani's company Reliance Jio Infocomm for future expansion rather making its own fresh investments

Aug 17, 2014, 18:42 PM IST

Reliance Communications Q1 net profit up 22% at Rs 132 cr

Telecom operator Reliance Communications Thursday posted over 22 percent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.

Aug 14, 2014, 19:05 PM IST

2G scam: Transfer of probe in-charge 'administrative decision', says CBI chief

Facing Supreme Court criticism for transferring the in-charge of the 2G spectrum allocation probe, CBI Director Ranjit Sinha on Tuesday said it was an administrative decision.

Aug 13, 2014, 09:12 AM IST

2G Scam: SC asks CBI for records of Swan Telecom probe

The apex court is said to have asked the investigation agency for records of probe against the Shahid Balwa company which is allegedly a one of the group companies of Anil Ambani-led Reliance Telecom.

Aug 12, 2014, 19:31 PM IST

Reliance heirs: Akash Ambani, Jai Anmol join business

Following in their fathers' footsteps, the third generation Ambani scions have joined Reliance business.

Aug 08, 2014, 10:52 AM IST

Reliance Power shares up over 4% after Jaypee group deal

Shares of Reliance Power on Monday gained over 4 percent after the Anil Ambani Group firm signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates.

Jul 28, 2014, 18:04 PM IST

Jaiprakash to sell hydro plants to Reliance Power

The sale of Jaiprakash`s entire hydropower portfolio, which has an aggregate capacity of nearly 1,800 megawatts, would make Reliance the country`s largest private provider of hydroelectric power.

Jul 28, 2014, 10:16 AM IST

Reliance Power to acquire all hydro projects of Jaypee group

Anil Ambani Group firm Reliance Power Sunday said it has signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates Ltd.

Jul 27, 2014, 19:30 PM IST