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Birla to bid for global assets of Holcim-Lafarge

YH - Tue, 10/14/2014 - 19:26
In its biggest overseas acquisition bid after Novelis, the Aditya Birla group led by Kumar Mangalam Birla is preparing to make a bid for the assets of Holcim and Lafarge, which the two European companies are planning to sell post their merger. The deadline for the bid expires next week.

Reliance Industries shares gain on better earnings

YH - Tue, 10/14/2014 - 09:48
MUMBAI (Reuters) - Shares in Reliance Industries Ltd gained 2.2 percent on Tuesday after its July-September quarter earnings beat analysts' expectations. The energy conglomerate reported a net profit of 59.72 billion rupees ($979 million) in the period, up from 58.73 billion rupees a year earlier. (For full story, click http://in.reuters.com/article/2014/10/13/reliance-indu-results ...

Rakhi Birla alleges attack by BJP men

YH - Tue, 10/14/2014 - 06:12
AAP MLA Rakhi Birla alleged that she was attacked by a group led by BJP MLA Sanjana Singh when she tried to hold a meeting at Rohini Sector 3 on Monday afternoon.

Did not get any favour from IRDA: Rel General

YH - Tue, 10/14/2014 - 00:56
Reliance General Insurance has said that the Rs 20-lakh penalty imposed by IRDA over five years ago for selling a health insurance cover was "highly excessive and unwarranted".

Birla Cellulose trains competitors in the non-wovens business

YH - Mon, 10/13/2014 - 23:42
An extensive knowledge of the non-wovens business gained over decades of operation has got Birla Cellulose fraternising with the competition.

Reliance Q2 profit up at Rs 5,972 cr

YH - Mon, 10/13/2014 - 19:20
Reliance Industries on Monday reported a marginal 1.7 per cent rise in its second quarter net profit to Rs 5,972 crore (Rs 59.72 billion).

Reliance Communications steps up cyclone relief effort

YH - Mon, 10/13/2014 - 19:18
Visakhapatnam, Oct 13 (IANS) Telecommunications service provider Reliance Communications Monday said its Andhra Pradesh unit has stepped up relief and support measures for the assistance of the cyclone- and flood-affected people in the state.

Reliance Industries likely to report flat growth in Q2 net profit

YH - Mon, 10/13/2014 - 14:57
Reliance Industries, India's biggest private sector company and No 2 on the ET 500 list, is unlikely to offer any reason for its underperforming stock to change track when it publishes results for the July-September quarter on Monday.

Reliance looking to sell US shale gas interest

YH - Sun, 10/12/2014 - 11:20
Reliance Industries is looking to sell its 45 per cent stake in the Eagle Ford basin shale oil and gas venture in the US for an estimated $4.5 billion.

Reliance seeks sale of Eagle Ford stake for up to $4.5 billion: Sources

YH - Sat, 10/11/2014 - 10:37
India's Reliance Industries Ltd is seeking a buyer for its stake in the Eagle Ford Basin oil and natural gas joint venture with Pioneer Natural Resources, a sale that could raise up to $4.5 billion, according to people familiar with the matter.

Aditya Birla Nuvo net down 20% on one-time provision

YH - Tue, 08/12/2014 - 22:37
Aditya Birla Nuvo has reported a 20 per cent fall in net profit at ₹264 crore in the June quarter as against ₹331 crore logged in the same period last year.

Birla Corp launches new cement brand

YH - Tue, 08/12/2014 - 18:43
Birla Corporation Ltd launched a new cement brand -- Birla Samrat Ultimate. It is a fly ash-blended double refined product, the company said in a statement.

Aditya Birla Nuvo turns flat after Q1 results

YH - Tue, 08/12/2014 - 15:19
Aditya Birla Nuvo was flat at Rs 1,420 at 14:18 IST on BSE after net profit fell 20.41% to Rs 263.70 crore on 7.58% increase in total income to Rs 6281.73 crore in Q1 June 2014 over Q1 June 2013.

Reliance Capital Builder Fund - Series B Floats On

YH - Tue, 08/12/2014 - 11:39
Reliance Mutual Fund has launched a new fund named as Reliance Capital Builder Fund - Series B, a close ended equity oriented scheme with the duration of 3 years from the date of allotment. During the New Fund Offer (NFO) the scheme will offer units at Rs 10 per unit.

Reliance Fixed Horizon Fund - XXVII - Series 3 Floats On

YH - Tue, 08/12/2014 - 11:39
Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund - XXVII - Series 3, a close ended income scheme with the duration of 1109 days from the date of allotment. During the New Fund Offer (NFO) the scheme will offer units at Rs 10 per unit.

Reliance Jio and COAI reconcile, join GSM industry body

YH - Tue, 08/12/2014 - 10:32
"We are delighted that Reliance Jio Infocomm has joined us in our common endeavour to roll out innovative and affordable mobile broadband services to the citizens of India," COAI director general Rajan S. Mathews said.

Reliance Jio joins COAI

YH - Mon, 08/11/2014 - 22:20
Reliance Jio Infocomm, Reliance Industries Ltd’s wireless arm, has joined telecom industry body Cellular Operators’ Association of India (COAI) as a core member. With this, its core members have r...

Reliance Jio joins COAI as a core member

YH - Mon, 08/11/2014 - 17:31
Mukesh Ambani controlled Reliance Jio Infocomm has joined industry body Cellular Operators Association of India (COAI) as a core member

Reliance Power gets CERC rap, may lose tariff benefit

YH - Sun, 08/10/2014 - 10:57
The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.

CERC passes order on Reliance Power's Sasan UMPP

YH - Sat, 08/09/2014 - 21:02
Electricity regulator CERC has said that the first 660 MW unit of Reliance Power's 3,960 MW Sasan project could not achieve its "full load" in March 2013 and rejected its plea to appoint an independent technical committee to look into the readiness ...
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