Reliance Mediaworks is the new name of Adlabs Films
Reliance Anil Dhirubhai Ambani Group has announced that they are now renaming their Adlabs Films division as Reliance MediaWorks Limited.
This brand name change would require approval from the shareholders.
Reliance had acquired a controlling stake in this company way back in 2005.
The company spoke about [...]
Reliance Jewels comes to Gurgaon
Reliance Jewels is the latest retailing chain arriving in the Gurgaon city.
Reliance Jewels is part of the Mukesh Ambani-led Reliance Retail Limited.
This new chain now has an outlet in the Gold Souk mall in Gurgaon.
It has been built over 6,000 square feet retail space.
Bijou Kurien, president and chief executive, Lifestyle, [...]
Reliance Big Entertainment in deal with Steven Spielberg
Anil Ambani’s Reliance Big Entertainment is collaborating with Steven Spielberg to launch a new movie studio that would be based in the USA.
It is likely to be joined by Stacey Snider and David Geffen of DreamWorks.
The new studio formed by this joint venture would product movies aimed [...]
Reliance close to a deal with MTN Group
Reliance Communication is close to signing a deal with the South African telecom company MTN.
The two companies are currently locked in discussions to decide the share swap ratio.
The deal is likely to make ADAG the single-largest shareholder in MTN.
Sources say that the two companies are also discussing [...]
Anil Ambani reportedly interested in SpiceJet
Market sources say that the Reliance Anil Dhirubhai Ambani group is in talks with SpiceJet for a possible acquisition deal.
This resulted in massive trading in the airline company’s share as it went up nearly 19 per cent at the bourses.
Incidentally, Tata Group currently has a minor stake in this low [...]
Office Depot in a joint venture with Reliance Retail
Office Depot has announced that they have now entered into a joint venture with Indian retail company Reliance Retail.
Reliance Retail is part of the Reliance Industries Ltd which is one of the largest companies in India.
The two companies added that they have also acquired eOfficePlanet to expand [...]
DTS Digital Images acquired by Reliance Big Entertainment
Reliance Big Entertainment has announced that they are now acquiring the US based company DTS Digital Images.
DTS Digital Images is also known as Lowry Digital Images and they specialize in restoration of digital media content.
They provide solutions to Hollywood studios in improving the picture quality of movies, television [...]
Reliance Energy to become Reliance Infrastructure
From BSES to Reliance Energy to now Reliance Infrastructure. Reliance continues to change their brand name for this division which they say would now capture the current nature of various business segments it is involved in.
The company’s board has given its approval for the name change and they are now [...]
Reliance digital launched in Ambiance Mall Gurgaon
Reliance Retail has announced the launch of their latest store in Gurgaon. They have opened up the Reliance digital store in the Ambiance Mall, Gurgaon.
The company said that this latest store is based on the Reliance Retail’s core philosophy – ‘customer centricity and a hassle free store experience’.
Reliance Digital [...]
George Soros invests in Reliance Entertainment
Reliance Entertainment is part of the ADAG and deals in production and distribution of movies, gaming services and social networking.
The latest news in is that a fund owned by investor George Soros has acquired a minority stake in the company.
Soros is going to buy new shares in Reliance Entertainment for [...]
