Reliance Industries along with its UK partner BP plc have planned to invest around Rs. 6,000 crores towards gas recovery by 2016. The companies have two major gas fields located in the eastern offshore KG-D6 block. This investment will help the companies to retain and improve the recovery from these fields. The two companies are […]
filed under: Enterpeneurs
Reliance Industries Raises $1 Billion through Bond Sale
Mukesh Ambani-led Reliance Industries Ltd. (RIL) raised $1 billion through a dollar bond issue. It will be using the amount to meet capital expenditure. Investment Process The process took a period exceeding a year and got investors from different places like New York, London, Singapore and Hong Kong for the first sale of bonds. The […]
RIL opens Digital Stores to serve as a Base for Reliance Jio’s Launch
To form a base for Reliance Jio Infocomm’s fourth-generation (4G) services launch, the Mukesh Ambani-led company has opened small consumer electronic stores. During the last quarter of 2014, Reliance Retail, an arm of Reliance Industries, started 279 stores across the country. Out of these, 231 stores are digital stores. 90% of these are small stores, […]
Impact of Cultural Diversity on National Culture
Managers are required to recognize that generalizations in cultural profiles will produce only an approximation of national character. Many countries comprise diverse subcultures-whose constituents conform only in varying degrees to the national character. Above all, good managers treat people as individuals, and they consciously avoid any form of stereotyping. However, a cultural profile is a […]
RIL among other Private Fuel Retail Companies to Attract Customers
India’s two largest fuel retailing companies, Reliance Industries and Essar Energy, aredrawing up new business plans and making efforts to attract more and more customers, giving tough competition to State-run rivals. They will be offering great discounts and benefits to customers. Lack of Sustainability in the Past In 2002, 15% of the fuel retail market […]
Reliance Industries and Algenol launch Algae Production Platform
With the joined efforts of Reliance Industries and Algenol, India got its first ever successful Algenol algae production platform. The location of this demonstration module is fixed at the world’s biggest plant, Reliance’s Jamnagar Refinery. The process Many production cycles of Algenol’s wildtype host algae has been accomplished through this demonstration. The fuels production capacities […]
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