RIL Board reaffirms infocomm investments
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Sections of the media have been speculating on a variety of issues concerning investments of Reliance Industries Ltd. (RIL) in the infocomm initiatives of the group.
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Mumbai: Reliance shares got off to a solid start on Tuesday ahead of a key board meeting of the conglomerate&#39;s utility, as traders expect the Ambani brothers who run the country&#39;s top private sector group to bury their differences.
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BANGALORE, India - Intel Corp. said Friday (Nov. 19) it is considering additional investments in the tens of millions of dollars to expand its research and development efforts in India.
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Mobile phone major Bharti Enterprises, which plans to enter India's retail market with Wal-Mart, said its agreement with the US-based giant was within the rules set for investments in the sector.
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Mr Vladimir V. Putin, President of the Russian Federation, Mr NR Narayana Murthy, Chief Mentor and Chairman, Infosys, and Mr Nandan Nilekani, CEO and Managing Director, at the Infosys campus in Bangalore on Sunday.
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Executives say the company's stake in the wireless provider caused losses, but they're confident in the venture's promise.
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In a briefing with reporters, Oracle President Charles Phillips reaffirmed the company&#39;s plans to solidify the deal before Dec. 30.
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The Infocomm Development Authority of Singapore (IDA) has qualified 12 bidders for the government's Next Generation National Broadband Project. The announcement comes follows IDA's December 2006 call for interested companies and consortiums to demonstrate their capabilities for approval to bid on the project.
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The board of India&#39;s Kotak Mahindra Bank Ltd. (KTKM.BO: Quote, Profile, Research) has approved an issue of shares representing a 2.75 percent stake to Warburg Pincus International LLC.
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The first battle lines were drawn today with six directors of Reliance Energy Limited (REL) resigning. REL is run by Vice Chairman of Reliance Industries Limited, Anil Ambani.
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The board of Kotak Mahindra Bank Ltd has approved an issue of shares representing a 2.75 per cent stake to Warburg Pincus International LLC.
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New Delhi, Nov. 22 (PTI): Shares of Reliance group companies recovered in late trading today with Chairman Mukesh Ambani, making clear his statement on the &quot;ownership issues&quot;, which lifted the sensex by 2.09
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Reliance Industries Ltd (RIL) employees have got another email. This one went from their vice-chairman, Anil Ambani, on Monday seeking their support for both himself and elder brother and chairman Mukesh Ambani.
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The board of Reliance Energy, India&#39;s largest private company, have asked six directors to reconsider their decision to resign from the firm.
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Text of report by Indian broadcast industry website Indiantelevision.com on 28 February  Star Group has received FIPB (Foreign Investment Promotion Board) approval for investing 72.02m rupees [1.6m US dollars] to pick up a 20 per cent stake in Music Broadcast Pvt. 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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THE board of directors of Reliance Industries Ltd (RIL), in its first meeting after the feud between the Ambani brothers became public, today attempted to soothe investor anxiety by explicitly backing Chairman Mr Mukesh Ambani as the leader of an