The investment in core industrial sector and infrastructure. The investment in these sectors attracted various construction and engineering companies to explore the business opportunities and contribute their expertise in these sectors. Domain experts were required who could provide their core skill and competence in designing and building the core industry, dams, roads, buildings etc. Over the years, as the Indian industry started maturing, the Indian consulting industry also started expanding, not only in terms of size, but also in terms of the service offerings.
Track Reliance on the go with the moneycontrol app Company History - Reliance Industries - On 8th May the company was incorporated in Karnataka state as a public limited company under the name Mynylon Ltd.
It established a synthetic fabrics mill in the same year at Naroda in Gujarat. The company manufactures synthetic blended yarns and fabrics polyester filament yarn polyester staple fibre chemicals and allied products colour TV glass shells and colour TV picture tubes.
The Company's yarns are marketed under various brand names such as Texalit, Textron, Texlene, Poly dyed and polytwist.
Ltd which has an installed capacity of 38, spindles and looms was amalgamated with the company. In terms of the scheme of amalgamation, the company was to issue and allot for every one equity share of Rs. Financial and technical collaboration was finalized with E. Of these, 24,00, shares issued as additional entitlement to debentureholders iv series on account of bonus issue.
Equity shares of Rs 10 each for every Rs of debentures ,28, shares in and 96, shares in Rate of dividend on Steps were also taken to set up a project for the manufacture of mono ethylene glycol MEGa basic raw material required for the polyester industry.
A Collaboration agreement was entered into with Scientific Design company, New York for this project. Trishna Investments and Leasing Ltd. This plant was commissioned during the year.
Subsequent to 30th June, all these industrial licenses were transferred to Reliance Petrochemicals, Ltd. Out of which ,30, shares allotted in respect of earlier conversion of debs.
Rs 50 per share; prop. Along with the Rights issue, 14,00, No. The balance 12,88, shares allowed to lapse. LAB is sold under the brand name Relab. In December a joint sector agreement was entered into for setting up a new company under the name Reliance Bengal Industries Ltd.
Additional 45,60, debentures were allotted to retain over subscription. Only 15,00, debentures taken up. The unsubscribed portion of 20, debentures were allowed to lapse. Rs 55 of the face value of each debenture was to be converted into 1 equity shares of Rs 10 each at a premium of Rs 45 per share at the end of 18 months from the date of allotment.
Remaining Rs 95 of the face value of each debenture was to be redeemed at par on the expiry of 10 years from the date of allotment. Additional 11,40, debentures were allotted to retain over subscription. The debentures of Rs would be redeemed on the expiry of 10 years from the date of allotment.
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These debentures would be redeemed on the expiry of 10 years from the date of allotment. Approvals were received from the Government towards acquisition of 2 Suez-Max crude oil tankers. Several new and customized product range was introduced such as ultra-stabilized raffia grade, high flow injection moulding grade and high ESCR blow moulding grade.
On completion of these project, an addition of MW of power was to be added, increasing the total installed captive power plant capacity to MW.
It also proposed to increase the polyvinyl chloride capacity to 30, TPA. TEG is an import substitute used in oil exploration, lubricants and speciality application. RIL is India's largest private sector enterprise, is a major player in the Indian petrochemicals sector. A letter of intent had been singed by both the companies in October.
As a part of its vertical integration stategy the Co. And atpa capacity polypropylene fully computerised plant was commissioned during It has 1 ocean going tanker, 4 ocean going vessels for liquefied gases and 5 tugs.Coordinates.
BlackBerry Limited is a Canadian multinational company specialising in enterprise software and the Internet of regardbouddhiste.comally known as Research In Motion (RIM), it is best known to the general public as the former developer of the BlackBerry brand of smartphones, and regardbouddhiste.com transitioned to an enterprise software and services company under CEO John S.
Chen. Specials. Microsoft's Digital Crime Unit busy catching cyber thugs in India Microsoft, that invests more than a billion dollars a year in security research, innovation and development, reached out to organisations in.
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It is Azad’s endeavour to stimulate and enhance professional development and practices in education. We promote practical knowledge in classrooms. Micromax Informatics Limited is one of the leading consumer electronics company in India, and the 10th largest mobile phone player in the world.
Feb 22, · Opinions expressed by Forbes Contributors are their own. I cover startup ecosystems and policy in South Asia.
According to a recently released Government of India report, the mobile industry's.