Reliance Industries Chief Explains Remarks
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The chief of India&#39;s largest private company, Reliance Industries, calmed investor jitters Monday, saying his comments in an interview about an ownership dispute were &quot;torn out of context.
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Anurag talks about the projects that he has in hand post No Smoking.
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Reliance Industries&#39; vice-chairman and managing director, Anil Ambani, has pledged assistance of Rs one crore to help people affected by the killer tsunami waves that left more than 3,200 people dead in India alone.
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MUMBAI, NOVEMBER 22 : Five days after rattling the markets and corporate India with his statement on TV about ââownership issuesââ in the Rs 99,000-crore Reliance group, Reliance Industries chairman Mukesh Ambani did some damage control on Monday.
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[Business India]: Mumbai, Nov 25 : A rift between the Ambani brothers who run the country&#39;s business conglomerate - the Reliance Group - today spilled into the board room of power utility Reliance Energy Ltd.
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The board of Reliance Energy, a unit of Reliance Industries, said the six directors, all long-time employees of the group, would resume their normal duties and that it continued
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Business India &gt; New Delhi, Dec 20 : In the midst of the proxy war between the Ambani brothers over the control of Rs 900 bn Reliance empire, the board of the flagship company Reliance Industries, headed by Mukesh Ambani, would meet in Mumbai on December
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CEO tells securities analysts that company is doing well, but still needs to reduce costs.
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(InfoWorld) - General Electric CEO Jeffrey Immelt warned an audience of Indian business leaders Friday that India's strong economic growth wouldn't come at the expense of the economic health of countries like the U.S. Immelt made the remarks at the Global Alumni Conference of the Indian Institute of Technology (IIT), which drew close to 4,000 people to Santa Clara, California. IIT, with seven campuses throughout India, has 100,000 alums worldwide, about 25,000 of whom live and work in the U.S. Immelt acknowledged that the offshoring of U.S. positions to India has cost the nation jobs and reduced its manufacturing base. But Indian companies need to grow enough to expand globally, creating jobs in the U.S. "The challenge to India is can the standard of living of India grow by a hundredfold without the standard of living of America going down at the same time?" Immelt said in a keynote address. "India's ability to figure out the win-win, to figure out a way the whole pie gets bigger, that it's not just taking from one place to the other, that in the end is going to determine whether this will be the Indian century." Immelt cited Japanese companies like Toyota and Canon that succeeded by expanding beyond Japan's borders to invest in global markets. He encouraged Indian companies to pursue the same strategy. Of GE's total work force of 300,000, 13,000 live and work in India, and the company plans to add 4,000 jobs there over the next few years. While India's economy is growing, Immelt said it still needs significant new investment in infrastructure, including roads, power plants, and other facilities. GE specializes in infrastructure technology, including nuclear power reactors and gas turbines as well as medical equipment and jet engines. U.S. Senator Hillary Clinton, a Democratic candidate for president in 2008, cancelled a planned visit to the Global Alumni Conference to give a Friday afternoon address. She received boos from some in the audience when it was announced that she'd speak to them only via a satellite TV link.
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MUMBAI: Mukesh Ambani, chairman of the $11.5-bn oil-to-fabrics conglomerate Reliance Industries, has finally broken his silence over the media speculation surrounding reported differences between him and his younger brother, Anil Ambani, the companyâs
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The chairman of Wipro, IndiaÂs third-largest outsourcing firm, spoke about outsourcing, competition and education.
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Investors hope a dispute within Reliance Industries Ltd., India's largest private sector company, which has weighed on markets for over a month, will soon be resolved after the chairman's surprise offer to surrender a stake in a group firm.
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Tata Steel  Chairman Ratan Tata wants to make the UK operations of Anglo-Dutch group Corus  more profitable and cannot rule out job cuts, he told the Financial Times in an interview.
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The board of Reliance Industries will on Monday confront for the first time divisions within the founding family that threaten to break up India&#39;s largest business group.
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Rahul Roy chats with his fans about his Bigg Boss experience and future plans.
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India's Reliance Energy asks six directors to reconsider their decision to resign from the country's largest private company.
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[Business India]: Mumbai, Nov 21 : As millions of Indians are held in thrall by reports of a family feud in Reliance Industries, the country&#39;s largest company, experts say it would be premature to talk about a split as yet.