Last Updated : Friday, February 21, 2020 21:45:20

News of Devbhoomi Dwarka (Khambhalia) in Gujarat

“New Production from KG D6 on track to start by Mid-2020”, says RIL

MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Diversified Indian Conglomerate Reliance Industries Ltd said of the new production from Krishna Godavari Basin (KG Basin) block KG D6 (Krishna Godavari Dhirubhai 6)  on track and the production from the gasfield shall start by Mid-2020, which according

INDIA HOME MIN chairs ISLAND DEVELOPMENT meet

NEW DELHI | RAJKOT – In a press-release issued by Press Information Bureau (PIB) of India, press & publicity arm of Indian Government, it read of Union Minister of Home Affairs, Amit Shah having chaired sixth meeting of the Island Development Agency (IDA) with a view to focus on Green Development of the islands surrounding

Despite IUC charges, RJio added subscribers in Gujarat, in October – says TRAI

NEW DELHI | MUMBAI | RAJKOT – In a press-release issued by Indian Diversified Conglomerate Reliance Group’s telecom arm – Reliance Jio Infocomm Ltd, the company said of continuing to add subscribers despite the Interconnect Usage Charges (IUC) charges levied, in October, which has been the finding of the TRAI, according to the release. The

IN IMAGES & VIDEO | AMBANIS @ DWARKADHISH TEMPLE, on a NEW YEAR EVE

DWARKA | RAJKOT – In a surprise to all present in the campus of Temple of Lord Dwarkadhish at Dwarka, today evening around 18:00 hrs IST, it was none other than the head honcho of the diversified Indian Conglomerate RELIANCE GROUP’s Chairman Mukesh Ambani with his wife Nita Ambani and his son Anant, Daughter Isha

ADAG led REL INFRA wins 3.5 bln rupees arbitration, from Goa Govt

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Anil Dhirubhai Ambani Group (ADAG) led Reliance Infrastructure Ltd said of having won arbitration award amounting to 3.5 billion (~350 crore) rupees from Goa Government over legal dispute for delayed payments to the company for power supplied from

ADAG led REL INFRA wins arbitration of 12.5 bln against DAMODAR VALLEY CORP

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Mumbai headquartered Anil Dhirubhai Ambani led Reliance Infrastructure Ltd said of having won a major arbitration award of Rs.12.50 billion (~1,250 crore) rupees against Damodar Valley Corporation, a Government of India undertaking. Three member Arbitration Tribunal unanimously gave

SHELL-RIL-ONGC JV transfer PMT oil & gas fields to ONGC

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, by India headquartered Diversified Conglomerate Reliance Group’s oil-gas arm – Reliance Industries Ltd, it said of having transferred Panna-Mukta-Tapti oil and gas fields back to ONGC, which was jointly operated for 25 years, through a joint-venture company by

TATA CHEM acquires balance 25% stake in TATA CHEM (SODA ASH) PARTNERS

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Conglomerate Tata Group’s Salt & Soda Ash manufacturing arm – Tata Chemicals Ltd said of having brought balance 25% stake from The Andover Group, Inc., in Tata Chemicals (Soda Ash) Partners Holdings for USD $195 million,

Indian Marine Exports to remain Damp, says Drip Capital Report

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press-release shared by US based trade finance company Drip Capital Ltd regarding its report on outlook of Marine Exports, it said of the Indian Marine Exports primely to US and EU is expected to remain damp, primely due to stringent quality norms, consumer preference and anti-dumping duty

RIL picks 90.5% stake in E-learning co for 716.43 million rupees

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Diversified Conglomerate – Reliance Group’s hydrocarbon arm Reliance Industries Ltd said of having acquired 90.5% stake in eDreams Edusoft Pvt Ltd for cash consideration of 716.43 million (~71.64 crore) rupees through its subsidiary Indiavidual Learning Pvt Ltd

RELIANCE – BP move forward with Indian fuels partnership

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Diversified Conglomerate – Reliance Group’s hydrocarbon arm Reliance Industries Ltd said of inked definitive binding agreement with BP relating to the formation of their new Indian fuels and mobility joint venture. In a press-release as communicated by

BROOKFIELD INFRA acquires 45.51% stake in RIL’s Tower Infra Trust

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory filing as submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Conglomerate Reliance Group’s – Reliance Industries Ltd said of Brookfield Infrastructure Partners L.P. having acquired 45.51% stake in RIL’s Tower Infrastructure Trust infusing 252.15 billion (~25,215 crore) rupees. The filing as submitted by the company

RELIANCE acquires 51.78% stake in drone tech co – Asteria Aerospace

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, Mumbai headquartered Indian Conglomerate Reliance Group’s parent company Reliance Industries Ltd said of having acquired 51.78% stake in Asteria Aerospace Pvt Ltd for 231 million (~23 crore) rupees. Asteria Aerospace is a drone technology company incorporated in India in

RIL acquires 85% stake in NowFloats Tech for 1.42 bln rupees

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Indian Conglomerate Reliance Group’s strategic business venture arm and a wholly owned subsidiary of Reliance Industries Ltd – Reliance Strategic Business Ventures Ltd said of having acquired 85% stake in NowFloats Technology Pvt Ltd for cash consideration of

RIL and ADNOC ink pact to explore development of Ethylene Dichloride Facility

ABU DHABI (UAE) | MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a regulatory update submitted to the Indian Stock Exchanges, oil-gas and petrochemicals arm of Indian Conglomerate Reliance Group – Reliance Industries Ltd said of having inked agreement to explore development of Ethylene Dichloride Facility in Ruwais, in Abu Dhabi. In a press-release as submitted

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