Jet airways saw a turning point in its proce today as all the airline stock are hitting rock bottom because of fuel price hike and other spendings, Jet airways saw some increase in share price after they reveaked news of Reliance Industries trying to get a Pie of Jet airways.The Real deal as heard is that
“Reliance Industries’ (RIL) acquiring the minority stake inJet airways is for the proposed cargo airline venture of Jet Airways and not really in the Passenger Division. RIL is in the process of developing two SEZs in Mumbai and Haryana and is exploring buying cargo planes for shipping out the goods generated in these SEZs.”
Reliance Power Ltd has informed the market today that the Register of Members & Share Transfer Books of the Company will remain closed from June 03, 2008 to June 05, 2008 for the purpose of Issue and allotment of Bonus shares.
Reliance Industries net profit rose 37.12% to Rs 3912.00 crore in the Qtr End of March 2008 compared to Rs 2853.00 crore in the Prev Qtr YOY of 2007. Sales rose 43.99% to Rs 37286.00 crore in the Qtr End of March 2008 compared to Rs 25895.00 crore in the Prev Qtr YOY of 2007.
Read the rest of this entry »
Reliance Industrial Infrastructure net profit rose 52.37% to Rs 6.43 crore in qtr end Mar 2008 compared to Rs 4.22 crore during the during the same QTR Prev Year 2007. Sales rose 38.61% to Rs 18.92 crore in qtr end Mar 2008 compared to Rs 13.65 crore during the during the same QTR Prev Year 2007.
For the full year, net profit rose 14.02% to Rs 21.79 crore in the year ended March 2008 compared to Rs 19.11 crore during the previous year ended March 2007. Sales rose 20.26% to Rs 67.26 crore in the year ended March 2008 compared to Rs 55.93 crore during the previous year ended March 2007.
Reliance energy infromed the market today on Buy-Back of shares ,They have bought-back 1,21,500 equity shares of the Company as on March 31 2008 which amounts , so far bought back 9,51,500 equity shares aggregating Rs 122.39 crore.They told they will buy back upto 800 crores.
Reliance communication and HTC signed a deal that will help HTC’s foray into the fast-growing CDMA market in India and also it will help Reliance Communications to offer a wider range of world-class PDA (personal digital assistant) devices on the CDMA platform for its high-end data usage customers.
Two news devices has been offered HTC P3000 priced at Rs. 16,500 and HTC S720 priced at Rs. 19,500, respectively.
- Author: admin
- Filed under: Reliance
- Date: Mar 18,2008
It was informed in the parliment today that Market regulator SEBI is investigating the alleged insider trading activities in the shares of Mukesh Ambani-run Reliance Petroleum.The share price of Reliance Petroleum came down after hearing the news.
- Author: admin
- Filed under: Reliance
- Date: Mar 10,2008
Reliance Energy Board informed the market that it has approved name change to Reliance Infrastructure Ltd, Im really not sure why they are changing names like this and also thinking that they already have some company with this name .They will have it final after approval from the share holder.
- Author: admin
- Filed under: Reliance
- Date: Mar 5,2008
Reliance Energy board informed the market that they have approved the BuyBack of share which had been set to a level of Max Rs 1600 per share.The buyback has been approved upto Rs 2000 crore. This makes the buyback upto 4.5% of the company’s fully diluted equity. Reliance Energy is looking to buyback upto 25% of its networth.The buyback price is almost 10 percent premium to today’s price.We will see if there is some movement tomorrow for this , the news came out almost at 5.oo in the evening.Reliance Energy closed todat at 1,459.45 rs down by 45.3 rs or 3.01%.
- Author: admin
- Filed under: Reliance
- Date: Feb 26,2008
Reliance Energy Ltd was up by 4.5 percent after the company informed the market that a meeting of the Board of Directors of the Company will be held on March 05, 2008, inter alia, to consider, buy back of equity shares of the Company.Reliance energy might see some upward movement until march 5th 2008.
Saw This more detail info of Reliance Power Bonus Issue from Bombay stock Exhchange Website.
Reliance Power Ltd has announced that the Board of Directors of the Company at its meeting held on February 24, 2008, has approved a proposal for issuing free bonus shares to all categories of shareholders, excluding the promoter group (comprising of Reliance Energy Ltd. and the ADA Group), in the ratio of 3 shares for every 5 shares held, subject to necessary approvals.
The proposed bonus offering will result in reduction of the cost of Reliance Power shares below the IPO price as follows:
Rs 269 per share for retail investors, 40% lower than the IPO price of Rs 430.
Rs 281 per share for other investors, 37% lower than the IPO price of Rs 450.
Read the rest of this entry »
Mails are flowing to me from the moment when Reliance Power issued a statement a week back saying they are going to take care of the losses that has ocurred for Retail investors .Today after a week they announced of the idea of Bonus shares to reliance power shareholders , they informed today that they will give 3 bonus shares for 5 shares already holded in reliance power .
Read the rest of this entry »
Just saw on TV that Anil Ambani Group company Reliance Power will give free bonus shares in the ratio of 3:5 to all its shareholders to compensate the losses they suffered after the IPO listing , REL is not going to get any Bonus shares.
Reliance Power today announced a bonus isse in the ratio of 3:5., i.e three free shares for every five shares held by a shareholder.
Reliance Communications announced the acquisition of Uganda based Anupam Global Soft (U) Ltd a Company holding Public Infrastructure Provider License (PIPL) and Public Service Provider License (PSPL) issued by Uganda Communications Commission. The acquisition, made through a subsidiary of Reliance Communications Ltd, marks the first step in the Company’s plans in the International Mobile market.Intresting that they are into international market bu uganda may be im not sure of the market around there , we will see how the revenue is going to be like.
Reliance Communications Ltd informed the market that they have founded a new umbrella brand “Reliance Globalcom” for all its Global initiatives. Reliance Globalcom brings under its fold a diverse portfolio of global communications business services, including Global Voice, Managed Network, Carrier Ethernet, and Fiber Capacity Businesses into a single group.Is there a IPO also in the making for Reliance GlobalCom.
Subscribe to Rupya