Reliance Communications (RCom), the part of the Anil Dhirubhai Ambani Group, is riding high these days.
The company announced that its total subscriber base has gone up to 69.38 million as it added 3.38 million new customers on both GSM and CDMA networks during the last month (Feb 2009).
RCom had claimed over 5 million additions for the month of January (2009).
Reliance Communications Limited, a part of the Anil Dhirubhai Ambani Group, has finally rolled out its CDMA wireless broadband service in the country under the name 'Reliance Netconnect Broardband Plus'.
With downlink speeds of up to 3.1 Mbps and uplink speeds of up to 1.8 Mbps, Reliance Communications' Netconnect Broadband Plus is offering 30% higher downlink rate in comparison to any other wireless broadband offering.
Reliance Power Transmission Ltd (RPTL), an associate company of Reliance Infrastructure Limited, has signed power transmission agreements with eight entities from the western region.
The agreements are for two inter-State power transmission projects, under the Western Region System Strengthening Scheme (WRSSS) - II.
The signing of the agreements will lead to financial closure for these projects, costing Rs 1,800 crore.
Mumbai, Mar 2 : The board of directors of Reliance Industries headed by Mukesh Ambani on Monday agreed to merge with its refinery subsidiary, the Reliance Petroleum Ltd. (RPL).
Both the companies, in their respective filings, agreed on one equity share for the RPL shareholders and 16 for the RIL shareholders.
This development has resulted in formation of one of the largest refineries in the world.
Reliance Globalcom, the international arm of telecom service provider Reliance Communications, has secured a multi-year contract from British optical retailer Specsavers for its enterprise solution.
Under the arrangement, Reliance Globalcom will supply its enterprise solution for connecting 1,150 worldwide retail outlets of the retailer. The deal covers 10 countries across Europe, Australia and New Zealand.
However, the financial details of the deal have not been disclosed by the company.
Reliance Industries is likely to start supply of natural gas from KG-D6 basin from April this year, helping the country to reduce its gas import bill and satisfying its energy needs. The gas obtained from RIL would be used for household needs and transport sector, supplying gas through pipelines first time in the country.
Union Petroleum Minister, Murli Deora said, "It has been decided to supply the first 40 million standard cubic meters per day of gas to meet the shortfall of exiting gas-based urea plants, LPG plants and power plants."
Reliance Communications (RCom), the part of the Anil Dhirubhai Ambani Group, is riding high these days.
Reliance Communications Limited, a part of the Anil Dhirubhai Ambani Group, has finally rolled out its CDMA wireless broadband service in the country under the name 'Reliance Netconnect Broardband Plus'. 
Reliance Power Transmission Ltd (RPTL), an associate company of Reliance Infrastructure Limited, has signed power transmission agreements with eight entities from the western region.
Mumbai, Mar 2 : The board of directors of Reliance Industries headed by Mukesh Ambani on Monday agreed to merge with its refinery subsidiary, the Reliance Petroleum Ltd. (RPL).
Reliance Industries is likely to start supply of natural gas from KG-D6 basin from April this year, helping the country to reduce its gas import bill and satisfying its energy needs. The gas obtained from RIL would be used for household needs and transport sector, supplying gas through pipelines first time in the country.
