Reliance Def inks partnership with Serbia's Yugoimport
Anil Ambani Group company Reliance Defence Ammunition has entered a strategic partnership with Serbia's state-run defence major Yugoimport to manufacture ammunition in India and target business opportunities of Rs 20,000 crore over the next 10 years.
Jun 20, 2017, 15:38 PM ISTMoody's downgrades RCom; Company says will clear debt by September 30
Moody's Investors Service has downgraded Reliance Communications' corporate family rating and senior secured bond rating on account of weak performance and "fragile" liquidity position.
May 30, 2017, 23:42 PM ISTAnil Ambani gets a seat on Atlantic Council advisory board
He joins News Corp Chairman Rupert Murdoch, former Spanish prime minister Jose Maria Aznar, Airbus CEO Thomas Enders and former Australian prime minister Kevin Rudd, among others, on the board.
Mar 28, 2017, 12:54 PM ISTZee Media to acquire 49% stake in Reliance Broadcast 92.7 BIG FM
The Board of Directors of Zee Media Corporation Limited on Wednesday approved acquisition of 49 percent stake in 92.7 BIG FM, the radio broadcasting business of Reliance Broadcast Network Limited and the execution of definitive agreements in relation to such acquisition.
Nov 23, 2016, 16:36 PM ISTReliance Group joins Cisco Jasper to make India IoT-enabled
Tapping into the growing potential of the Internet of Things (IoT) market in the country, Reliance Group and Cisco Jasper on Tuesday launched a new venture called "UNLIMIT" dedicated to providing IoT services to enterprise customers pan-India.
Nov 15, 2016, 18:00 PM ISTAnil Ambani' Reliance Group signs deal worth Rs 30,000 cr with Rafale-maker Dassault Aviation
In one of the largest offsets deals in India`s defence space, potentially valued at some Rs 30,000 crore (USD 4.5 billion), Anil Ambani-led Reliance Group on Monday announced a new venture with Dassault Aviation of France, the makers of Rafale fighters and Falcon business jets.
Oct 03, 2016, 14:58 PM ISTJuergen Hase to head Anil Ambani's Reliance Group IoT business
Anil Ambani-led Reliance Group on Thursday said it has appointed Juergen Hase the Group CEO for its Internet of Things (IoT) business.
Jul 07, 2016, 16:41 PM ISTGovt yet to order probe into Essar-phone tapping controversy
The government has not ordered any probe into Essar-phone tapping controversy, said government sources, denying reports that the Prime Minister's Office has asked the Home Ministry to probe into the alleged phone tapping by Essar Group between 2001 and 2006.
Jun 19, 2016, 09:38 AM ISTMissiles, helicopters, submarines - Anil Ambani's ambitious defence plan
Anil Ambani`s Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn`t stopping the Indian tycoon from seeking to win contracts to manufacture all of that military hardware and more.
May 30, 2016, 17:17 PM ISTVested interests trying to kill competition in Defence: Ambani
Industrialist Anil Ambani, a new entrant in the defence sector, today said an attempt is being made to deny opportunity to new players on grounds of lack of experience, which he described as a "booby-trap" laid by vested interest to kill competition.
Mar 29, 2016, 15:19 PM ISTR-Com and Jio to collaborate
Share Bazaar Live brings exclusive news about Reliance Infra. Take a look.
Feb 05, 2016, 12:57 PM ISTMukesh, Anil welcome Padma Vibhushan to Dhirubhai Ambani
Ambani brothers Mukesh and Anil Monday hailed the government for choosing their father and founder of Reliance Group, late Dhirubhai Ambani, for the Padma Vibhushan award, saying the late business tycoon was the "greatest entrepreneur and wealth creator in the history."
Jan 25, 2016, 23:10 PM ISTBharti Airtel's Akhil Gupta invests in Anil Ambani's commodity bourse
Bharti Airtel group veteran Akhil Gupta has become an investor in Indian Commodity Exchange (ICEX), part of Anil Ambani-led Reliance Group, buying a five percent stake in the bourse valuing it at Rs 200 crore.
Jan 17, 2016, 15:35 PM ISTReliance Infra in advanced talks to sell cement unit for $394 million
Reliance Infrastructure`s cement unit has three plants with total installed capacity of 5.8 million tonne per annum (MTPA).
Dec 24, 2015, 09:43 AM ISTRCom to sell entire stake in Reliance Infratel; to fetch about Rs 22,000 crore
RCom owns about 96 percent stake in Infratel and the sale would fetch it around Rs 22,000 crore, which will be used to retire some debt.
Nov 24, 2015, 21:24 PM ISTReliance Group to develop 6000 MW solar park in Rajasthan
Billionaire Anil Ambani-led Reliance Group will develop a 6,000 megawatt Solar Power Park in Rajasthan, a plan that has potential to attract an investment of Rs 60,000 crore.
Nov 19, 2015, 21:11 PM ISTReliance Infrastructure to sell 49% stake Mumbai power biz for Rs 4,000 crore
Reliance Infra will sell 49 percent equity stake in its integrated power business in Mumbai and adjoining areas to Canada's Public Sector Pension Investment Board (PSP Investments).
Nov 16, 2015, 17:15 PM ISTReliance MF eyes more acquisitions after Goldman Sachs buy
After acquiring Goldman Sachs' India mutual fund business, top fund house Reliance Capital Asset Management (RCAM) is looking for more acquisitions in this highly-fragmented market.
Oct 22, 2015, 23:08 PM ISTReliance Group to further invest Rs 46,000 cr in Madhya Pradesh
Strengthening its presence in Madhya Pradesh, the Anil Ambani-led Reliance Group will invest around Rs 46,000 crore in sectors such as defence, IT, electronics and energy.
Oct 22, 2015, 20:05 PM ISTReliance Capital announces Rs 150-cr ESOP scheme
Reliance Capital is part of Anil Ambani-led business conglomerate Reliance Group and is present in insurance, mutual fund, broking and non-banking finance businesses among others.
Oct 15, 2015, 12:01 PM IST