Monday, February 06, 2012

NBA plans for professional league in India United States' National Basketball Association (NBA) is planning to establish a professional league in India, it has been learnt More..

RIL Board approves buyback of shares The Board of Directors of Reliance Industries Limited (RIL) at its meeting held on January 20, 2012 unanimously approved the buyback of upto 12 crore fully paid up equity shares of Rs.10/- each, at a price not exceeding Rs. 870 per equity share, payable in cash, upto an aggregate amount not exceeding Rs.10,440 crore from the open market through Stock Exchange(s). More..

Jharkhand to constitute Rehabilitation & Resettlement Commission Amid much hullaballoo over displacement, the state government is likely to announce the constitution of the Rehabilitation Commission.  More..

Jharkhand to set up NRI cell to boost investments The State government is understood to have decided over the constitution of the NRI cell in order to get more investments in the state in different sectors. This cell will deal with NRIs exclusively that will work in their interest.  More..

ASSOCHAM welcomes duty hike on iron ore exports The government’s decision to hike duty on iron ore exports from five to 30 per cent is a step in the right direction which will put emphasis on value addition within the country to meet growing demand of steel, industry body ASSOCHAM said today More..

Jamnagar Refinery to go for maintenance in Feb The Company has scheduled a planned Maintenance turnaround of one of the Crude distillation unit of its SEZ Refinery at Jamnagar complex for a period of approximately three weeks starting mid February, 2012. This maintenance turnaround is planned for the first time after its commissioning during the Financial Year 2008-09. This opportunity would also be utilised to take up productivity improvement related jobs in other secondary processing units as necessary.  More..

Reliance interest divested to TV 18 RIL Tuesday announced that a part of the interest owned by it in the ETV Channels is being divested to TV18 Broadcast Limited (TV18).  More..

Reliance Industries Ltd. awarded Application Level A+ Reliance Industries Ltd (RIL) has been awarded Application Level A+ certification by Global Reporting Initiative (GRI) for its FY 2010-11 Sustainability Report – “New Businesses. New Technologies. New partnerships. (2011)”.  More..

80000 Kisan Credit Cards (KCC) distributed in the last 15 days- SLBC The 2400 branches of various SLBC banks claimed that they were able to distribute 80000 KCC in an combined effort to the deserving farmers of the State.  More..