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Tag: reliances
June's top stories: BP, Reliances $6bn investment, Rosneft hit by Cyberattack
2017-07-05 01:00:00| Offshore Technology
BP and Reliance announced plans to invest $6bn in deepwater gas resources in India, Russian oil producer Rosneft was hit by Cyberattack, Statoil gained approval for Njord and Bauge fields in Norwegian Sea. Offshore-technology.com wraps-up the key hea
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Reliance's Hannah to Retire; Mollins Named CEO
2015-04-02 00:28:14| Steel - Topix.net
David Hannah will retire as chief executive officer of Los Angeles-based Reliance Steel & Aluminum Co., effective May 20. Gregg Mollins, current president and chief operating officer, will take over as CEO. Hannah will remain executive chairman of the board until July 2016.
Reliances Industries to acquire Network 18
2014-05-30 16:30:00| Telecompaper Headlines
(Telecompaper) Indian holding company Reliance Industries has approved the acquisition of a controlling stake in Indian broadcaster Network 18 Media & Investments Limited and its subsidiary TV18 Broadcast Limited. Reliance plans to invest INR 40 billion through its subsidiary Independent Media Trust (IMT) to acquire 78 percent stake in Network18 and 9 percent in TV18. IMT said that it would be making open offers to public shareholders for the acquisition of equity shares of Network 18, TV18 and Infomedia Press Limited. With the acquisition, Reliance will add digital internet properties, e-commerce sites and a wide range of TV channels. Reliance Industries' telecommunications business unit Reliance Jio Infocomm expects to roll out 4G services in India during 2014.
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