Mukesh Ambani led Reliance Industries Limited is planning to release its new 4G broadband network, which will offer exclusive content and high speed connectivity at affordable prices, in the country later this year.

Though inflation is only rising and till now has given no indication of reducing, Reliance Mutual Fund is pretty much sure that this wind of uncertainty would pass on and day full of positivity would rise.

There is no doubt that for now equity market is performing below the level but if Reliance Mutual Funds verdict is to be considered then investors’ efforts would not go in vain and in coming 12 to 18 months, the invested equities would generate positive returns.

Mukesh Ambani, who is the world's ninth richest man and the owner of Reliance, has revealed that the slowing gas production has resulted in the drop of 30% stocks this year.

It was reported that Reliance was overtaken by Coal India, the world's largest coal miner, revealed that the stock in India was the best performer for this year on the country's top index.

According to recent developments in the stock market, Reliance Power has moved up by 300% in terms of their revenues earned in the first quarter of the year.

They now reside at Rs 541.80 crore. They were playing at a mere Rs 139.33 crore at the same time a year earlier.

It was revealed by the authorities of the firm which is owned by Anil Dhirubhai Ambani group, that the total income of the firm saw a 72% increase. It was Rs 401.18 crores earlier and is now Rs 689 crore.

Reliance Industries, the largest private oil and gas explorer in India, is looking forward to sell out its Reliance Gas Transportation Infrastructure Ltd, claimed the Wall Street Journal, and the price at which it was to be sold was estimated to be $1 billion.

India gets three-quarters of fuel imported and was now concentrating on the manufacturing of the oil so as to increase its economic development speedily. A Britain-based fuel company BP was ready to pay out $7.2 billion for a
30% share in Reliance's 23rd largely unexplored deepwater oil and gas fields, with an option for making further payments on the basis of the success from the exploration.

The two major corporate houses Tata and Reliance Infocomm are indulged in intense argument that who was the real beneficiary of telecom polices under former telecom minister a Raja.

Both the companies are blaming each other on licensing issue, Tata blamed that Reliance Infocomm won the license out of turn while Reliance called Tata bid mistrustful.

CBI authorities have investigated some officials of Anil Ambani’s group company Reliance Communication for their involvement in 2G scam, which has ruined company’s reputation. While Reliance authorities are blaming its corporate, rivals for this conspiracy.

Today for AAA Project Ventures, a Reliance Anil Dhirubhai Ambani promoter group company 22.6 million equity shares are allotted by Reliance Infrastructure for Rs 2,095 crore. These were issued to them not in favor of changeable warrants.

The company has assumed that this new equity capital has elevated the promoter group's holding. It has increased near about 5 percent, before it was 43 percent.

Last year during April 19.6 million equity shares were exchanged by the Promoter Company and there was an investment of Rs 1,821 crore made in the company.

Mukesh Ambani led Reliance Group is planning to expand operations in lieu of Reliance Retail in Uttar Pradesh and Eastern India once again, where it originally stumble upon crude weather because of political campaigning.

The special arrangements in the markets such as Lucknow, Kanpur, Ghaziabad and Noida are planned as Reliance Retail wants to start its company in these markets first. After the clearance of the state government strategies, grocery retailing will be leveled as it was planned.

Reliance-Anil Dhirubhai Ambani Group has experienced a sharp price rise in ADAG shares which fizzled out the stock market yesterday. BSE shares ended on 0.3 percent.

Stock prices of Anil Ambani's farms were hovering between 3-7%. According to the experts, the same price hike in the shares was witnessed in the month of June when two brothers named Mukesh and Anil Ambani started a dispute over a contract.

A new fund has been started by Reliance Mutual Fund and the name of the fund is Reliance Fixed Horizon Fund - XV - Series 9. It is going to be a closed ended income scheme which will have a period of 370 days from the date of allotment of the scheme.

The unit price of the NFO is going to be Rs 10 per unit and the scheme will be open from subscription from September 13 and close on September 14, 2010.

After almost ruling the petrochemicals, refining, oil and gas exploration, and retail businesses, Hospitality is the latest area of interest for Reliance Industries.

As the Mukesh Ambani Group (the world's fourth-richest man) has bought a 14.1% stake in hotel chain EIH Ltd.  The cash rich company that has the highest weighting in BSE has shed out USD 217.5 million for this deal.

Amongst the eight Indian companies, entailing oil mains, Indian Oil Corporation and Mukesh Ambani  flagged Reliance Industries, have entered into the trail making a cut in the list of the world's 500 biggest groups accumulated by the Fortune group.

Amidst the club of 500 privileged groups for the year 2010 the group who is crowned as the topper is the U.S. retailer Wal-Mart Stores, trailed by the oil goliath Royal Dutch Shell and another oil major, Exxon Mobil, in that series.

Apart from IOC and RIL, the other Indian firms making a cut in the list are steel-manufacturer Tata Steel, auto company Tata Motors, oil units Bharat Petroleum, Hindustan Petroleum and Oil & Natural Gas and public sector bank SBI.

With a view to expand its global footprint, India's most valuable company, Reliance Industries Limited (RIL) has picked up a 45% stake in the Texas based Pioneer Natural Resources for close to $1.32 billion (around Rs6,100 crore). It is to be mentioned here that the deal is the second such deal by RIL in Shale Gas Assets in less than three months.

Experts close to the company believe the fact that recently announced deal will help the company in the learning process for the oil-to-yarn and consumer retail company.

Stock market analyst Avinash Gorakshekhar has maintained 'buy' rating on Reliance Industries Limited (RIL) stock with target of Rs 1180.

According to Mr. Gorakshekhar, the investors can purchase the stock at current levels with long-term target.

Today, the stock opened at Rs 1000 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 1186.15 and a low of Rs 875.50 on BSE.

Current EPS & P/E ratio stood at 49.31 and 20.94 respectively.

Hardik Jain has suggested buy call for Reliance Industries with a target of Rs 1130. Reliance is actively looking to acquire stake in companies in energy sector overseas.

The stock closed the week at Rs 1089 on BSE, after registering a gain of Rs 15, or 1.37%. The stock touched an intraday high and low of Rs 1095 and 1070 respectively.

Reliance Industries is currently trading at a P/E multiple of 24. The stock has touched 52-week high and low of Rs 1245 and 679.

Recently, Reliance Industries Limited unsuccessfully attempted to take over the petrochemicals major LyondellBasell, and although the market did not react too negatively to the fact that the bid failed, and some analysts even cheered the attempt, many questions have been raised over how RIL now looks to ensure that it is able to drive itself to the next phase of growth.

Reliance Media World Ltd's radio division, 92.7 BIG FM has made an alliance with India's largest telecom VAS provider, OnMobile Global Ltd., to launch the radio on the mobile platform.

BIG Mobile radio sees pioneering opportunities which will an avail an option to the users to listen to 17 multi-lingual specially programmed channels anywhere in India. It will also enable the mobile service to reach new audience, irrespective of their location. For example, even a Tamil listener in Mumbai will be able to listen to native-language on Big Mobile Radio.

Mukesh Dhirubhai Ambani's Reliance Industries Ltd. has been interested in acquiring the petrochemical giant Lyondell Basell Industries for quite some time.

Initially, the company had made a bid of $13.5 bilion but when the pending creditors issue was solved at LBI, they invited higher bids from Reliance.

Reliance somehow managed to increase the bid by 1 billion dollars to $14.5 billion, but the investors were not very positive about Reliance's move. The shares had dipped after this announcement.

Indian energy major Reliance Industries is reportedly planning to raise its offer for LyondellBasell that will include cash and stock options for shareholders and creditors, the economictimes. com website posted on Friday.

Mumbai-based Reliance, which bid for the chemicals and fuels-maker in November, may need to offer close to $15 billion including cash and stock, according to the report today.

In addition, Reliance is also seeking other options as well, including one offering stock and cash option, the source revealed, adding that the Indian company would be ready with a changed plan by end February.

India's second-largest telecom company by subscribers, Reliance Communications has entered into an agreement with Nazara Technologies and Cartoon Network to offer comics to their GSM customers on their cell phones.

Nazara Technologies is a Mumbai based mobile entertainment company which deals with VAS platform while Cartoon Network is a well known kid's entertainment channel. Cartoon Network's VAS content will be provided by the Nazara Technologies on Reliance Communication's Cell Phone Network.