Reliance Retail, the retail arm of Reliance Industries Limited (RIL), will increase the number of its cash-and-carry stores branded under the name, Reliance Market. The retail company plans to reach to an annual turn-over of Rs 40,000- Rs 50,000 crore in the coming two years. Cash-and-carry stores have proved to be strong drivers for growth […]
filed under: Enterpeneurs
Reliance To Increase Natural Gas Production in KG-D6 gas blocks
Mukesh Ambani led Reliance Industries Limited (RIL)is planning to invest $6.5 billion in its KG-D6 gas fields located on the eastern coast of the country. The company plans to reach the natural gas production level of 60 mmscmd by 2019-20 and become a strong supplier to domestic demand. RIL had begun the production in its […]
RIL Doubles Investment in US Shale Gas Business
Mukesh Ambani led Reliance Industries Limited (RIL) has planned to invest $5.1 billion (approximately Rs 30,290 crore) in its US Shale gas business in the coming three years. With this huge investment, the total amount pouring into this sector from the bag of RIL is about $10.8 billion. Shale gas is natural gas found trapped […]
Aliko Dangote: The Conscience of a $20 Billion Capitalist and Patriot
Commentary and Analysis by AFRIPOL http://afripol.org/ African capital markets and investment landscape are quite bullish for investors; greater returns of thirty percent dividend or even more on average investment have been chronicled. With this rosy development, African capital markets have been noticed by many money managers and portfolio strategists around the world as the blue […]
Required Legal Formalities For Starting E-Commerce Business In India
E-commerce laws and regulations in India are still evolving. This has created a sort of confusion and uncertainty among e-commerce entrepreneurs in India. While some have opened e-commerce outlets through websites others are exploring a more appropriate and legal way of running an e-commerce business in India. Legal issues of e-commerce in India vary as […]
RIL’s subsidiary gets License For Shahdol-Phulpur Line
Reliance Gas Pipeline Limited (RGPL), a subsidiary of Reliance Industries Limited (RIL) has been granted license for constructing a 312-km pipeline from Petroleum and Natural Gas Regulatory Board (PNGRB). The pipeline will be used to transport coal gas produced from RIL’s Sohagpur block in Madhya Pradesh. Mukesh Ambani led RGPL has been authorized to lay […]