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Updated: 2 years 18 weeks ago

Reliance Jio Garners $1.5 Bln to Repay Loans

Tue, 11/18/2014 - 20:38
Nov. 18 -- Reliance Jio Infocomm (RJIL), the telecom unit of the diversified group Reliance Industries Ltd (RIL), plans to garner around $1.5 billion from a consortium of 26 banks to refinance the loans. ...

Reliance Jio attracts 26 global banks for $1.5 bn loan

Tue, 11/18/2014 - 13:20
Mumbai, Nov 18 (IANS) A total of 26 banks from America to Australia have participated in extending a $1.5 billion loan to the 4G telecom services arm of Reliance Industries that will be used to refinance a similar exposure taken in 2010, the company said.

Reliance Jio raises $1.5 billion to refinance loans

Tue, 11/18/2014 - 10:17
REUTERS - Reliance Jio Infocomm, the telecommunications arm of Reliance Industries Ltd, will raise $1.5 billion from 26 banks to refinance loans it took up in 2010, the company said in a statement late on Monday. The refinancing comprises $1 billion with a total maturity of 5.5 years, and $500 million, with a total maturity of 7 years, the company said. In September, Reliance Jio had said it had ...

Birla's retail venture gets subdued offers

Tue, 11/18/2014 - 09:22
The Aditya Birla group is not happy with the offers it has received from private equity firms such as LVMH's L Capital for a stake in its proposed holding company for all its retail ventures.

Reliance Retail Goes Online to Sell Groceries

Mon, 11/17/2014 - 16:15
Reliance Retail, the retail arm of Mukesh Ambani-controlled Reliance Industries, has launched a online service to for home delivery of groceries, vegetables and fruits in some areas of Mumbai.

Reliance Life ties up with 'Room to Read' to set up libraries

Mon, 11/17/2014 - 14:35
"Through this partnership we will promote literacy and gender equality in the country by providing libraries in schools," Reliance Life Insurance CEO Anup Rau said.

Reliance Life ties up with NGO to set up school libraries

Mon, 11/17/2014 - 12:45
Private life insurer Reliance Life Insurance today tied up with global NGO ‘Room to Read’ to set up libraries across schools in India.

Reliance Life to set up libraries in government schools

Mon, 11/17/2014 - 12:16
Mumbai, Nov 17 (IANS) Private life insurer Reliance Life Insurance has partnered with non-profit Room to Read to set up over 100 libraries in government primary schools across the country, the company said Monday.

Reliance Entertainment plans to buy Western game studios in 2015

Sat, 11/15/2014 - 18:51
Reliance Entertainment plans to begin acquiring North American and European mobile game studios starting in early 2015, in hopes of becoming a significant global player in the fast-growing mobile games industry.

Reliance Entertainment plans to acquire Western game studios in 2015

Sat, 11/15/2014 - 11:09
Reliance Entertainment plans to begin acquiring North American and European mobile game studios starting in early 2015, in hopes of becoming a significant global player in the fast-growing mobile games industry.

Reliance Life launches 'Do Good' campaign

Thu, 11/06/2014 - 22:48
New Delhi: Taking a leaf out of Prime Minister Narendra Modi's Swachh Bharat initiative, privatesector Reliance Life Insurance today launched its new social media campaign 'DoGood' to celebrate acts of goodness in daily life.

Reliance Life launches Do-Good social media campaign

Thu, 11/06/2014 - 16:11
Mumbai, Nov 6 (IANS): Private life insurer Reliance Life Insurance Company Ltd Thursday announced the launch of social media campaign Do-Good.

November 2014

Thu, 11/06/2014 - 01:04
Birla Corporation Ltd, flagship company of MP Birla group said its net profit fell by 21.93% to Rs 32.46 crore in the second quarter as compared to the period a year ago. The company posted a profit of Rs 99.52 crore in the corresponding period of the last financial year.

Quick Links

Thu, 11/06/2014 - 01:03
On November 3, Reliance Mutual Fund purchased 450,000 shares of Vindhya Telelinks at Rs 440 per share on the BSE.

RIL to exit US shale gas pipeline venture

Thu, 11/06/2014 - 00:22
Reliance Industries said it planned to sell its share in the Eagle Ford Shale Midstream business in the US, which it has with a partner, Pioneer Natural Resources.

Birla Corp to claim compensation for defunct coal blocks

Wed, 11/05/2014 - 23:42
Birla Corporation Ltd plans to submit a compensation claim to the Madhya Pradesh Government for its investments in the coal block allocation which was cancelled after the Supreme Court termed them illegal.

RIL to sell 49.9 per cent stake in US joint venture

Wed, 11/05/2014 - 18:58
Reliance Industries is looking to sell its 49.9 per cent stake in a US joint venture that owns a 460 miles pipeline network for transportation of shale oil and gas.

Reliance Jio applies for network test before 4G launch

Mon, 11/03/2014 - 20:05
"Reliance Jio has written to DoT to start test of legal interception and monitoring solution in its network across circles which is conducted along with security agencies and is mandatory before launch of telecom services," an official source told PTI.

Birla Sun Life AMC completes acquisition of ING MF schemes

Mon, 10/27/2014 - 13:14
Birla Sun Life AMC, which is the investment manager of the fourth biggest MF in the country Birla Sun Life MF, has completed the acquisition of all mutual fund schemes and Portfolio Management accounts of ING Investment Management(India) Private Ltd (IIMIPL), that was running the ING MF.

In pics: Sir HN Reliance Foundation hospital inaugural ceremony

Sat, 10/25/2014 - 21:56
Built in 1925, Sir HN Reliance Foundation Hospital is now a swanky 19 floor structure in the heart of South Mumbai. The hospital is furnished with state-of-the-art operation theatres.