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Reliance Jio likely to launch 4G services in 880 cities by mid-July: Credit Suisse

May 20, 2015

Reliance Jio likely to launch 4G services in 880 cities by mid-July: Credit Suisse

RJio is the only private player with pan-India broadband wireless access (BWA) spectrum. It also acquired spectrum in 800 MHz and 1,800 MHz in auctions held in 2014 and 2015. #Business #Reliance Industries #Mukesh Ambani #Credit Suisse #CompanyWatch #4G #Reliance Jio
Reliance Industries to raise Rs 10K cr through NCD

May 20, 2015

Reliance Industries to raise Rs 10K cr through NCD

The RIL will seek shareholder nod on June 12 to "offer of invite subscriptions for secured/unsecured redeemable non-convertible debentures, in one or more series/tranches, aggregating up to Rs 10,000 crore on private placement." #Business #Reliance Industries #CompanyWatch #Annual general meeting #corporate #Non-convertible debenture
Reliance Industries head Mukesh Ambani keeps salary capped at Rs 15 cr for seventh year

May 20, 2015

Reliance Industries head Mukesh Ambani keeps salary capped at Rs 15 cr for seventh year

Ambani voluntarily capped his compensation at Rs 15 crore in October 2009 amid a debate over right-sizing of CEO salaries. #Business #Reliance Industries #Mukesh Ambani #CompanyWatch #Nita Ambani #corporate #Nikhil R Meswani #Hital R Meswani
Reliance Industries raises $200 mn through Formosa bonds in Taiwan

May 19, 2015

Reliance Industries raises $200 mn through Formosa bonds in Taiwan

The debt, bought primarily by Taiwanese life insurance companies, offers investors a fixed interest rate of 5 percent, payable half-year, the company said in a statement. #Business #Reliance Industries #CompanyWatch #Deutsche Bank AG #corporate #HSBC Holdings #Formosa bonds #Taipei Exchange

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Financials emerge largest wealth creating sector

Dec 12, 2011

Financials emerge largest wealth creating sector

This new leading wealth creating sector has steadily increased its share of wealth from 12 percent in financial year 2006 to 24 percent in financial year 2011. #Reliance Industries #Wealth #ExpertView #wealth creator #Motilal Oswal Securities Ltd