Reliance Insider

BIG TV targets more content for PPV and VAS

Reliance BIG TV is aggressively targeting revenues from VAS and particularly from its pay-per-view (PPV) offering. The DTH player has entered into an agreement with Sony Music under which it will premiere Beyonce’s Concert for four weeks from November 10th. The offering includes Beyonce’s Live concert at Wembley. The ...

Reliance Industries closes in on big-bang overseas acquisition

Reliance Industries (RIL), India’s largest private sector company by market capitalisation and sales, is close to announcing a major overseas acquisition. If all goes according to plan, RIL is looking to do so before its annual general meeting on November 17, a source close to the development said. The ...

Reliance MediaWorks has a robust business model

From a post-production house to one of the leading entertainment companies, Reliance MediaWorks (formerly Adlabs) has come a long way. Mr Anil Arjun, Chief Executive Officer, expects a turnaround this year as a host of releases are lined up after a lull in April-June. He spoke to Business Line ...

Cairn India agress To Sell Crude To Reliance Industries

Rajasthan-based energy major Cairn India has disclosed that an agreement has been signed with Reliance Industries for supplying crude, which it produces at the Mangala crude oil field in Barmer, to the latter's Jamnagar refinery. The implied price realisation represents an average 10-15 percent discount to Brent (crude) on ...

Fresh hearing on Reliance gas dispute case

The Supreme Court Thursday began hearing afresh the high profile legal dispute between the Ambani brothers, Mukesh and Anil, over the supply and pricing of natural gas. A bench headed by Chief Justice K G Balakrishnan and having Justice B Sudarshan Reddy and Justice P Sathasivam began hearing the ...

Ambani brothers oppose MoU disclosure

Locked in a bitter legal battle over supply and pricing of natural gas, Mukesh Ambani's RIL and Anil's RNRL buried the hatchet to jointly oppose a petition in Supreme Court seeking disclosure of the family agreement for division of assets and demerger of Reliance companies. The petition was filed ...

RComm launches per-second billing plan

Anil Ambani-led Reliance Communications (RCom) today introduced per-second billing tariff option for its subscribers across the CDMA and GSM platform. The call charges will be 1 paise per second, it said. RCom is the latest mobile service provider to offer the per-second tariff. Earlier, Bharti Airtel, Vodafone Essar and Aircel ...

RCom shortlists vendors for Rs 700 crore MNP project

Reliance Communications (RCom) is set to award a contract for setting up a MNP ready system for the operator. There are as many as 8 vendors in race to acquire the contract estimated to be in the range of Rs 700-Rs800 crore. The firms in race include names such as ...

Reliance MF announces dividend under Quarterly Interval Fund

Reliance Mutual Fund has approved Nov. 6, 2009 as the record date for declaration of dividend under retail and institutional plan in Reliance Interval Fund - Quarterly Interval Fund -Series II. The face value of per unit is Rs 10. The fund house has decided to distribute 100% of distributable ...

Reliance General Insurance Goes the Virtual Way

Reliance General Insurance plans to deploy VMware virtualization solutions at its disaster recovery site to ensure business continuity. It is also looking to virtualize its storage and desktop infrastructure. Earlier this year, the company had virtualized its server infrastructure to improve CPU utilization, overcome performance bottlenecks and ensure resources that ...