Reliance Money, owned by Anil Dhirubhai Ambani has signed a deal with Singapore-based DBS Vickers Securities,

Markets have picked up after the afternoon trades dismissing feeble signals from the equity markets across. The FTSE and the CAC index have dipped from their day’s high’s slipping over a percent.

Reliance Industries’ shares have rallied by over 8.5% to Rs1212 due to huge volumes.

Reliance Industries’ shares have gone up by over 3% to Rs1151 after the company said that it has agreed to borrow as much as US$400mn

Subsidiary of Reliance Industries, Reliance Petroleum (RPL) is likely to begin its Jamnagar refinery from March. The export-oriented unit (EoU) will have a power of 5,80,000 barrels per day.

Reliance Industries’ shares have declined as fire broke out at the company’s new refinery site.

At present, Reliance Industries (RIL) trades at Rs 1,157, up by 38.40 points or 3.43% from its earlier closing of Rs 1,118.60 on the BSE.

Government has explicated the selling price of gas from the Krishna Godavari basin, which is off India’s east coast.

Reliance Communications has acquired Rs 757 crore ($150 million) as liability from Export Development Canada (EDC) to buy the technology and equipment required from Canadian suppliers for the launch of its GSM service in Canada.