Anil Ambani
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Reliance Defence forms JV with Rafael; to take up $10bn worth projects
March 29, 2016 17:14 ISTNew Delhi: Anil Ambani-led Reliance Defence has inked a pact with Israel’s Rafael Advanced Defence System to set up a joint venture in India for specialised areas including air-to-air missiles that will oversee projects worth
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French defence manufacturer Thales ties up with Reliance Defence to make underwater systems
March 15, 2016 14:13 ISTNew Delhi: Anil Ambani-led Reliance Defence has signed an exclusive accord with the global aerospace, defence and transportation major Thales for making in India sonars for surface ships and submarines, as also mine warfare and
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Reliance Group announces aerospace centre in Bengaluru
February 03, 2016 14:07 ISTBengaluru: Reliance Group chairman Anil Ambani on Tuesday announced an aerospace centre here for research, development and innovation in the field, promising some 1,500 highly skilled jobs. "We've invested nearly Rs.5,000 crore in Karnataka across a
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Anil Ambani to invest Rs 5,000 crore for naval shipbuilding facility in Visakhapatnam
January 10, 2016 18:04 ISTVisakhapatnam: Expanding his defence sector play, Reliance Group Chairman Anil Ambani on Sunday announced setting up of a new naval shipbuilding facility with an initial investment of Rs 5,000 crore.The facility, to be set up
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Reliance group seeks 12 more defence manufacturing licences
December 03, 2015 20:21 ISTMumbai: Going overdrive in the defence manufacturing space, Anil Ambani-led Reliance Group has applied for as many as 16 more licences in areas ranging from missiles to radar, barely two weeks after it got conditional
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RCom decides to discontinue 2G services in 3 states
December 02, 2015 19:53 ISTKolkata: Come December 12 and about a million 2G subscribers of Anil Ambani-led Reliance Communications across West Bengal, Bihar and Assam will have to opt for other networks in their respective circles. The country's fourth
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Reliance Capital to buy Goldman Sachs' Indian funds arm
October 21, 2015 12:39 ISTMumbai: Reliance Capital, a part of the Anil Ambani-led group, on Wednesday said it is acquiring Goldman Sachs Asset Management's onshore business in India like mutual funds and exchange-traded funds for Rs.243 crore ($37.5 million)
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RCom, Reliance Jio in talks for spectrum sharing: Anil Ambani
September 30, 2015 16:07 ISTMumbai: Terming it as a "virtual consolidation" in the highly-competitive telecom space, Anil Ambani today said his group firm RCom is tying up 'trading and sharing' of spectrum with Mukesh Ambani-led Reliance Jio including for
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Top US, Indian CEOs converges in Washington
September 20, 2015 20:52 ISTWashington: Top corporate leaders from India and the US have converged here to hold a series of discussions among themselves and with the leadership of the two countries to find ways for an active private
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Reliance arm offers access to Amazon web services
August 01, 2015 12:14 ISTMumbai: Reliance Communications' arm Global Cloud Xchange (GCX) on Friday announced a direct access to Amazon web services via its cloud platform."Using our Cloud X Fusion, businesses can take advantage of our enterprise grade connectivity
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Pipavav Defence pact with Russian submarine repair major
India | July 21, 2015 16:27 ISTMumbai: Tuesday Pipavav Defence, a part of the Anil Ambani-led Reliance Group, onannounced a pact with Russia's JSC Ship Repairing Centre for medium re-fits and certification of the 877-EKM Submarines in India -- a project potentially worth
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Anil Ambani announces Rs.5,000 crore new defence investment
July 16, 2015 17:37 ISTNew Delhi: With the recent acquisition of Pipavav Defence, Reliance Group chairman Anil Ambani announced on Thursday that an additional investment of Rs.5,000 crore will be made as part of India's emphasis on "Make in
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Reliance ADAG to invest Rs 10k cr in tech space: Anil Ambani
July 01, 2015 19:57 ISTNew Delhi: Reliance Group chairman Anil Ambani on Wednesday announced an investment of Rs.10,000 crore toward "Digital India" over the next few years to enhance broadband delivery and cloud-enabled platforms.Speaking at the launch of "Digital
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Reliance Communication, Sistema in talks to merge telecom businesses
June 15, 2015 21:25 ISTNew Delhi: Anil Ambani-led Reliance Communication has said it is in talks with AFK Sistema to merge the Russian conglomerate's Indian telecom operations through a cashless stock swap."Reliance Communications (RCom) and AFK Sistema have entered
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Reliance Group, Samsung asset management firms in strategic pact
April 24, 2015 11:09 ISTMumbai: Anil Ambani-led Reliance Group on Friday said it has signed a pact for a strategic alliance with Samsung, which runs Korea's largest asset management company with a corpus of $165.8 billion, to leverage the
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Reliance Entertainment to partner with Phantom Films in a 50:50 JV
March 09, 2015 14:35 ISTMumbai: Reliance Entertainment's film production and distribution business in India is soon to partner boutique production house Phantom Films in a 50:50 joint venture.While the day to day affairs of the JV will be managed
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Reliance Infra acquires Pipavav for Rs 819 cr
March 04, 2015 20:11 ISTNew Delhi: In the biggest acquisition in the defence sector in the country, billionaire Anil Ambani-led Reliance Infrastructure today announced acquisition of Pipavav Defence and Offshore Engineering for Rs 819 crore.Reliance Infra will buy 18
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Reliance Group foraying into Defence business; to invest more than $20 bn
February 23, 2015 22:44 ISTNew Delhi: Anil Ambani's Reliance Group is planning to bid for more than $20 billion worth of defense contracts in the coming years. The group is in talks with global aerospace and defence companies to
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Industrialist Shyam Kothari dies
February 23, 2015 22:11 ISTChennai: Industrialist Bhadrashyam Kothari, brother-in-law of billionaire industrialists Mukesh and Anil Ambani, passed away in the US on Sunday morning after a prolonged illness.He was 53.He is survived by two children—Nayantara and Arjun—and wife Nina,
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No raid at any of our offices: Reliance group
February 23, 2015 13:28 ISTMumbai: The Anil Ambani-led Reliance group Monday said there was no search or raid by police at any of its offices in India."No search or raid has been conducted by police authorities at any office
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