Tuesday, November 21, 2006

Reliance Retail Limited has launched Reliance Fresh

10/30/2006
Reliance Retail Limited has launched Reliance Fresh, its fresh food outlets, stepping into the into retail business. The first retail stores will open in Hyderabad on Nov 3, 2006. The first retail outlet was opened to media in Banjara Hills neighbourhood. It will offer a wide variety of fruits, vegetables, and other products in a world-class ambience. Ambani's wife Nita Ambani, is in charge of branding and has designed the stores.

----- Post a Comment -----

India's Tata Steel Ltd maybe in the process of takeover of Anglo-Dutch steelmaker Corus Group

10/17/2006
India's Tata Steel Ltd maybe in the process of takeover of Anglo-Dutch steelmaker Corus Group for 4.1 billion pound ($7.6 billion). This would the largest ever foreign takeover by an Indian company and would follow Mittal Steel's $31 billion acquisition of rival Arcelor earlier this year. The steel industry is under pressure to cut costs and secure precious supplies of raw materials as net importer China now is switches to being a exporter of steel.

----- Post a Comment -----

Reliance Industries chairman and managing director Mukesh Ambani has topped the list of richest Indian

10/16/2006
Reliance Industries chairman and managing director Mukesh Ambani has topped the list of richest Indian. His net worth, based on his shareholdings, to more than Rs 70,000 crore. While Azim Premji, Wipro boss, net worth of about Rs 64,700 crore. Anil Ambani maintained the 3rd position with net worth of over Rs 61,000 crore.

----- Post a Comment -----