Indo Gulf Fertilizer to Buy Natural Gas from RIL’s KG-D6
Region: IndiaReliance Industries Limited (RIL) is set to sign a pact with Indo Gulf Fertilizers to sell natural gas from its gas reserves in KG-D6 located near the Bay of Bengal. RIL has signed a Gas Sales and Purchase Agreement (GSPA) with Indo Gulf Fertilizers that it will sell 0.228 million standard cubic meters per day, which will be supplied to the latter’s Jagdishpur plant. The supplies will begin as soon as the negotiations between Indo Gulf and GAIL reach an agreement over the transportat... more
Views: 357RIL set to bridge the divide between urban and rural India with its CSR
Region: IndiaReliance Foundation led by Nita Ambani is set to bridge the divide between the urban and rural India with its CSR initiatives. The flagship project, named as Bharat India Jodo (BIJ) by RF, is focused on rural transformation and farmer’s empowerment in the underdeveloped areas across 10 states. BIJ is the brain-child of Mukesh and Nita Ambani. Since its inception in October-2010, BIJ is working in 24 under developed clusters spread across different states in the country. Ther... more
Views: 392RIL Focusing On “Emerging” Sectors For Investment: Analysts
Region: IndiaReliance Industries Limited (RIL) intends to focus aggressively on the emerging sectors – telecommunication/internet and retail, in the next five years. According to a study by financial analysts, the Mukesh Ambani led RIL will put these sectors on the fore with an annual investment of 6,500 crore each year. The telecommunication and retail sector will see an investment of around 2,700 crore and 3,800 crore each year, respectively. The investment plans for 2013-14 are not... more
Views: 262Surrogacy getting acceptance in India
Region: IndiaIn a significant order, the Madras High Court on March 5, 2013 has held that a woman who had a child through surrogacy is entitled for maternity leave. The ruling was given by Justice K Chandru while allowing a petition by a woman employee of the Chennai Port Trust (CPT) seeking to quash an order of the management rejecting her plea for maternity leave in 2011. "This court does not find anything immoral and unethical about the petitioner having obtained a child through surrogate... more
Views: 661Personalized Services To Act As A Growth Trigger For Reliance Brands
Region: IndiaReliance Brands, retail arm of RIL is geared to boost its business by offering ‘personalized services ‘to its consumers. Innovative and exclusive services that include ‘outside shop’ purchases and other customized services will be offered. The company reckons these personalized services, as its growth triggers to push its sales. At present, Reliance Brands is the only company to possess exclusive sales and distribution licenses for six international apparel and foot... more
Views: 712Vimal Launches Protector, Functional and First Of Its Kind
Region: IndiaVimal, the flagship brand of Reliance Industries Limited (RIL) and one of the most revered brands of premium textiles in the country comes to the fore, and launches a new brand of fabric –Protector. Pegging on the theme of ‘Fashion meets Function,’ this smart fabric will be a technological break- through as it comes with a defense shield and will intensify the strength of the brand. Mr. Anand Parekh, President of RIL Textiles Division has mentioned that they have competen... more
Views: 341SONIA TO FIGHT THE BJP, THE ‘SAFRON TERRORISTS” - IMPLICATIONS FOR INDIAN DEMOCRACY
Region: IndiaSONIA TO FIGHT THE BJP THE ‘SAFRON TERRORISTS” - IMPLICATIONS FOR INDIAN DEMOCRACY Within days of the stars of the Congress (Shinde/Kurshid) using their intelligence label BJP a respectable opposition ‘saffron terrorists ‘; but its clueless intelligence was totally unaware that at the same time IM and Jihardis were plotting massive attacks in Hyderabad and elsewhere in India. The Indian security apparatus failed here as it did during the 26/11 Bomb... more
Views: 631RIL To Apply For Bank License
Region: IndiaMukesh Ambani, Chairman and Managing Director of RIL (Reliance Industries Limited) and the country’s most renowned business tycoon, is keen on foraying in the banking sector. The conglomerate may possibly apply for banking license in the wake of the reforms announced by Reserve Bank of India on Friday, wherein it permits corporate players to enter the sector. Taking into consideration the present guidelines, Reliance Industries is eligible to apply for the same as it meets all the cr... more
Views: 427Cybrabad blast - Its Afzal this time! - Kai Po Che!
Region: IndiaIts Cybrabad blast and not Hyderabad, as some of our so called national media is going gung-ho describing the twin blasts that rocked Andhra Pradesh on Thursday evening, February 21, 2013. Now the twin cities of Hyderabad and Secundrabad have become threesome with Cybrabad that is in Raga Reddy district adjoining Hyderabad. The ignorance of our national media is profound in this case. If similar blast had have happened in Gurgoan or Noida, can the same media have called it a Delhi blast? L... more
Views: 625Telecom Commision’s New Move Allows Reliance Industries To Offer Voice Services
Region: IndiaThe Telecom Commision (TC) announced its move that allows companies with wireless broadband services to offer voice services for a payment of an extra Rs. 1658 crore. This announcement can quite create a stir for ISP companies that possess 4G rights including RIL (Reliance Industries Limited) by enabling it to boost its stance in the telecom domain. R.Chandrashekhar, Chairman of Telecom Commission and the Telecom Secretary, declared that the commission is supporting the recommendation of D... more
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