Weekly Wrap: High crude prices, inflation send Sensex crash

Posted on May 12, 2008. Filed under: Reliance Energy, Reliance Infrastructure | Tags: , , |

Weekly Wrap: High crude prices, inflation send Sensex crash
Sify – Chennai,Tamil Nadu,India
Reliance Infrastructure (formerly Reliance Energy) was the biggest loser in the Sensex. The power stock went down by 12.6% to Rs 1332.05.

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Sensex down 104 points in early trade

Posted on May 8, 2008. Filed under: Reliance | Tags: , , , |

Sensex down 104 points in early trade
Hindustan Times – India
Major losers which dragged the Sensex down were Reliance Industries, Reliance Energy, Larsen and Toubro, Jaiprakash Associates, ITC Ltd, MTNL and Reliance

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F&O Outlook: Players go short in futures

Posted on May 7, 2008. Filed under: Reliance Energy | Tags: , , , |

F&O Outlook: Players go short in futures
Business Standard – Mumbai,Maharashtra,India
The key stocks futures that have seen a built-up in shorts include Bharti Airtel, DLF, HDIL, Reliance Energy, Reliance Capital, Tata Power and Unitech.

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Reliance Infra buys back shares of Rs 343cr

Posted on May 7, 2008. Filed under: Reliance Energy | Tags: , |

Reliance Infra buys back shares of Rs 343cr
Business Standard – Mumbai,Maharashtra,India
PTI / Mumbai May 6, 2008 Anil Ambani-led Reliance Infrastructure, formerly known as Reliance Energy, today said it has bought back shares worth Rs 343.12

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Tribunal cancels MERC order in favour of Reliance Energy Ltd

Posted on May 7, 2008. Filed under: Reliance Energy | Tags: , |

Tribunal cancels MERC order in favour of Reliance Energy Ltd
The Appellate Tribunal for Electricity on Tuesday set aside the November 6, 2007 order of the Maharashtra Electricity Regulation Commission (MERC), which had approved the power-purchase agreement (PPA) for 800 MW between Tata Power

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Sensex up 86 points in early trade

Posted on May 5, 2008. Filed under: Reliance | Tags: , , , |

Sensex up 86 points in early trade
Hindustan Times – India
Larsen and Toubro, Reliance Energy, Reliance Industries, Satyam Computers, ICICI Bank, Maruti Udyog, Mahindra and Mahindra and Bharti Airtel were major

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Sensex recovers

Posted on May 5, 2008. Filed under: Reliance Energy | Tags: , , |

Sensex recovers
Sify – Chennai,Tamil Nadu,India
Reliance Energy, one of the prominent gainers last week, has moved up sharply on strong buying support this morning. The stock, which opened at Rs 1535 and

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Big TV`s DTH launch to set off price war

Posted on May 5, 2008. Filed under: Reliance Communications | Tags: , , , |

Big TV`s DTH launch to set off price war
Business Standard – Mumbai,Maharashtra,India
The company will soon offer a special subscription package to the Reliance Energy customers and Reliance PCO retailers. Under the Big TV offer,

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Reliance Energy

Posted on May 5, 2008. Filed under: Reliance Energy | Tags: |

Reliance Energy
Business Line – Chennai,India
REL spurted upward, in line with our expectation, and moved close to our near-term target of Rs 1544. Strength in both the daily and weekly oscillators and

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Reliance Power to Spend $650 Million in Indonesia (Update1)

Posted on April 30, 2008. Filed under: Reliance Power | Tags: , , , |

Reliance Power to Spend $650 Million in Indonesia (Update1)
Bloomberg – USA
By Archana Chaudhary April 29 (Bloomberg) — Reliance Power Ltd., the energy company controlled by billionaire Anil Ambani, plans to invest $650 million

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