Articles tagged under: reliance

Nita Mukesh Ambani launches ‘Her Circle’ digital platform for women

March 07, 2021
Nita Mukesh Ambani launches ‘Her Circle’ digital platform for women

Mumbai: On International Women’s Day this year, Mrs. Nita Mukesh Ambani is pleased to announce Her Circle, a unique new initiative that synergises women’s power with the power of the digital revolution. This first-of-its-kind digital networking platform aims to accelerate women’s empowerment and strengthen the bonds of sisterhood globally by providing them a joyful and safe space for interaction, engagement, collaboration, and mutual support. Her Circle is envisioned to be a worldwide d...Read More

Reliance to bear full cost of Covid19 vaccination for all its employees, their spouse, parents, children

March 05, 2021
Reliance to bear full cost of Covid19 vaccination for all its employees, their spouse, parents, children

Mumbai: Nita M Ambani, philanthropist, chairperson and founder of the Reliance Foundation, has sent a mail to all Reliance employees and their family members, urging them to register for the government of India's COVID-19 vaccination programme, and the company would bear the full cost of the vaccination for the employee, spouse, parents and children. In the mail, the non-executive director of Reliance Industries said cherishing the health and happiness of our family is what it means to be par...Read More

Reliance Jio acquires spectrum in 800 MHZ, 1800 MHZ, 2300 MHZ bands in auctions

March 02, 2021
Reliance Jio  acquires spectrum in 800 MHZ, 1800 MHZ, 2300 MHZ bands in auctions

MumbaiL Reliance Jio Infocomm Ltd (“RJIL”) announces that it has successfully acquired the right to use spectrum in all 22 circles across India in the recently concluded spectrum auctions conducted by Department of Telecommunications, Government of India. Circle wise details of spectrum acquired are provided in the following table: Circle 800 MHz band (FDD) 1800 MHz band (FDD) 2300 MHz band (TDD) Andhra Pradesh 6.25 4.20 10.00 Assam 0.00 4.60 10.00 ...Read More

Reliance arm RSBVL acquires majority equity stake in US technology company skyTran

March 01, 2021
Reliance arm RSBVL acquires majority equity stake in US technology company skyTran

Mumbai: Reliance Strategic Business Ventures Limited (“RSBVL”), a wholly owned subsidiary of Reliance Industries Limited, announced that it has acquired additional equity stake in its investee company skyTran Inc. (“skyTran”) for a consideration of USD 26.76 million increasing its shareholding to 54.46% on a fully diluted basis. skyTran is a technology company incorporated under the laws of Delaware, United States of America (USA) in 2011. skyTran has developed breakthrough passive ma...Read More

Reliance Marcellus sign agreement for sale of assets in Pennsylvania

February 04, 2021
Reliance Marcellus sign agreement for sale of assets in Pennsylvania

Mumbai: Reliance Marcellus, LLC (“RMLLC”) a wholly owned subsidiary of Reliance Industries Limited (“RIL”), announced the signing of agreements to divest all of its interest in certain upstream assets in the Marcellus shale play of south-western Pennsylvania. These assets, which are currently operated by various affiliates of EQT Corporation (“EQT”), have been agreed to be sold to Northern Oil and Gas, Inc (“NOG”), a Delaware corporation, for a consideration of $250 million...Read More

Reliance-Future deal gets SEBI nod, BSE ‘no-adverse-observation’ status

January 21, 2021
Reliance-Future deal gets SEBI nod, BSE ‘no-adverse-observation’ status

Mumbai: Market regulator SEBI gave a go-ahead on Wednesday to Future Group's scheme of arrangement and sale of assets to Reliance, based on which the Bombay Stock Exchange also granted its "no adverse observation" report to the Rs 24,713-crore deal. Amazon had written several letters to the SEBI and other regulatory agencies to suspend their review of the deal and not grant it a no objection certification on ground that its challenge to the agreement was before the Delhi High Court. The Sec...Read More

Gujarat CM inaugurates mega mid-day meals kitchenbuilt by Reliance Foundation in Jamnagar

January 15, 2021
Gujarat CM inaugurates mega mid-day meals kitchenbuilt by Reliance Foundation in Jamnagar

Jamnagar: Reliance Foundation, the philanthropic arm of Reliance Industries Ltd (RIL), has set up a new mega kitchen building along with all required cooking facilities in Jamnagar for The Akshaya Patra Foundation, a non-government organisation (NGO), which implements the Mid-Day Meal Scheme of the Gujarat government. This new three-storied building was inaugurated by Chief Minister of Gujarat Shri Vijaybhai Rupani today. Also present at this inauguration were distinguished dignitaries: Minister...Read More

Reliance says it has nothing to do with farm laws

January 04, 2021
Reliance says it has nothing to do with farm laws

Mumbai: Facing the brunt of farmer's ire over perception of it being a beneficiary of new farm laws, Reliance Industries on Monday said it neither buys foodgrains directly from farmers nor is in the business of contract farming. In a statement, billionaire Mukesh Ambani's firm said its subsidiary Reliance Jio Infocomm Limited (RJIL) has filed a petition in the Punjab and Haryana High Court seeking "the urgent intervention of government authorities to bring a complete stop to the illegal acts ...Read More

CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end

December 22, 2020
CAIT says Amazon’s arbitrary policies to dominate India’s retail trade should end

New Delhi:Trader's body CAIT on Monday said Amazon's "manipulative, coercive, arbitrary and dictatorial policies" to dominate India's retail trade should come to an end, hours after the Delhi High Court passed an order related to Future Group's proposed asset sale to Reliance Retail, a deal that is being opposed by Amazon. The court rejected Future Retail Ltd's (FRL) plea for an interim injunction to restrain Amazon from writing to Sebi, the Competition Commission and other authorities about th...Read More

Jamnagar to have world’s one of the largest, about 300 acre size Zoo

December 19, 2020
Jamnagar to have world’s one of the largest, about 300 acre size Zoo

Gandhinagar: One of the biggest zoos in the world in terms of number and species of animals at one place will come up in Jamnagar in Gujarat. It is being developed by Reliance Industries which operates a refinery in Jamnagar. It is likely to be ready in next three years. It will also have night safari attraction. Gujarat government official MK Das made this announcement while making a presentation on Gujarat at a virtual conference under ''ASSOCHAM Foundation Week''. View this po...Read More