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RNRL, R-Power agree to merge : Ration 1:4

by free stock tips on July 5, 2010

in Stock-News

Analysts say that the swap ratio may lead to a downside in RNRL’s stocks when trade opens on Monday Reliance Natural Resources Ltd (RNRL), the gas trading arm of the Reliance-Anil Dhirubhai Ambani Group (R-Adag) will be merged with Reliance Power Ltd (R-Power), with shareholders of the former receiving one share of R-Power for every [...]

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Anil Dhirubhai Amabani Group (ADAG) Stocks: Which ones are experts betting on?

by admin on June 17, 2010

in Stock-News

Anil Dhirubhai Ambani Group (ADAG) stocks have been fire for the last couple of sessions. In an exclusive interview with CNBC-TV18, Deven Choksey, MD, KR Choksey Securities and SP Tulsian, sptulsian.com, talk about which ones you should be betting on and which ones fundamentally appear attractive from that pack. Q: Let us start with Reliance [...]

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What is RIL going to do with the spectrum it acquired?

by free stock tips Stock-News

What is Reliance Industries going to do with the spectrum it has acquired? CNBC-TV18′s Siddharth Zarabi tries to find out details of what its strategy might be. The initial estimate for capex is not expected to be as intensive as 3G. Preliminary estimates suggest Rs 6,000-7,000 crore depending on usage of existing technologies and the [...]

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RNRL’s FY10 net grows 4.94%

by free stock tips Stock-News

Anil Dhirubhai Ambani (ADAG) led Reliance Natural Resources (RNRL) has announced its financial results for the year ended March 31, 2010. The company’s net profit for FY10 has gone up by 4.94% to Rs 73.32 crore from Rs 69.87 crore for FY09. The total income during 2009-10 fiscal stood at Rs 466.02 crore against Rs [...]

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Reliance Capital (RCap) shifts focus to five businesses

by free stock tips Stock-News

Marking a clear shift of strategy, Reliance Capital Ltd, or RCap, has decided to drastically reduce its dependence on the sale of securities to shore up earnings and instead focus on five core businesses—asset management, brokerage, consumer finance, life and general insurance. New businesses, including private equity (PE), mortgages and asset reconstruction, remain peripheral. Besides, [...]

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Zapak now a global game player

by free stock tips Stock-News

A 50% stake in Codemasters will give the Anil Ambani firm access to cricket and racing game franchises Reliance Big Entertainment’s gaming portal division is buying a 50% stake in Codemasters Software Co. Ltd, a computer games firm based in the UK, for an undisclosed sum, in a move that will give it a foothold [...]

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Reliance MediaWorks enters into strategic business alliance with UFO Moviez

by free stock tips Stock-News

Reliance MediaWorks, India’s fastest growing film and entertainment services company and a member of the Reliance ADA group, has entered into a strategic business alliance with UFO Moviez, the world’s largest digital satellite cinema network to establish the largest gateway for digital film releases on the silver screen in India. The alliance will help create [...]

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RCom touches 100 mn subscriber base

by free stock tips Stock-News

The firm aims to cross the next 100 million subscribers within the next three years Six months after joining the tariff war and seven years after its entry into India’s telecom market, Anil Ambani promoted Reliance Communications Ltd (Rcom) has crossed the 100 million mark in terms of number of subscribers on its wireless network. [...]

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Reliance Media World joins hands with OnMobile Global

by free stock tips Stock-News

Reliance Media World, part of the Reliance Anil Dhirubhai Ambani Group (Rel-ADAG), has formed a partnership with the leading telecom VAS provider of the country — OnMobile Global — to launch the radio experience on the mobile platform. Through this alliance, Big Mobile Radio, an initiative from BIG 92.7 FM, will give mobile users the [...]

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FM resurrects Anil Ambani’s banking foray dream

by free stock tips Budget

Finance Minister Pranab Mukherjee’s Budget speech on Friday brought closer to reality, billionaire industrialist Anil Ambani’s dream of entering the banking sector. In his speech, Mukherjee announced that the RBI was considering to give banking licences to some private sector players and “Non Banking Financial Companies could also be considered, if they meet the RBI’s [...]

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