Corporate News     04-Jun-24
Reliance Industries to develop integrated digital and services industrial area in Navi Mumbai

Reliance Industries (RIL) had entered into MOU with the Government of Maharashtra in February 2018 to develop a Global Economic Hub consisting of world-class integrated digital and services industrial area with global partnerships.

Further to this, RIL's wholly owned subsidiaries have completed the registration of sub-lease deeds for about 3,750 acres of land along with the associated development rights for a period of 43 years for an aggregate consideration of Rs. 13,400 crore from Navi Mumbai IIA, in which CIDCO holds 26%. The sub-leased land has to be used for development of an integrated industrial area in terms of Maharashtra Industrial Policy, 2013.

RIL has proven track record of developing large integrated industrial complexes at Hazira, Jamnagar and Dahej, fast growing integrated smart city in Jhajjar district of Haryana, a state-of-the-art convention centre and modern office space at Bandra-Kurla Complex, Mumbai.

Previous News
  Stock Alert: Reliance Industries, Cyient DLM, Zensar Tech, Suzlon Energy, Federal Bank, Gensol Engineering
 ( Market Commentary - Stock Alert 23-Jul-24   08:26 )
  Nifty July futures trade at premium
 ( Market Commentary - Futures Market 22-Jul-24   16:29 )
  Nifty ends below 24,550; Sensex drops 102 pts; VIX jumps 4%
 ( Market Commentary - Quick Review 22-Jul-24   15:48 )
  Market turns rangebound; European mkt advance
 ( Market Commentary - Mid-Session 22-Jul-24   13:35 )
  Benchmarks near falt line; realty shares under pressure
 ( Market Commentary - Mid-Session 22-Jul-24   11:31 )
  RIL declines as Q1 PAT slides 4% YoY to Rs 17,448 crore
 ( Hot Pursuit - 22-Jul-24   10:06 )
  Reliance Industries Ltd Slides 2.78%, BSE Energy index Shed 1.43%
 ( Hot Pursuit - 22-Jul-24   09:30 )
  Stock Alert: Reliance Industries, HDFC Bank, Kotak Mahindra Bank, Wipro, JSW Steel, JSW Energy
 ( Market Commentary - Stock Alert 22-Jul-24   08:23 )
  Reliance Industries
 ( Results - Analysis 20-Jul-24   09:12 )
  RIL PAT slides 4% YoY to Rs 17,448 crore in Q1 FY25
 ( Hot Pursuit - 20-Jul-24   10:33 )
  Reliance Industries consolidated net profit declines 5.45% in the June 2024 quarter
 ( Results - Announcements 20-Jul-24   07:40 )
Other Stories
  Intelligent Supply Chain Infrastru.Trust to declare Quarterly Result
  23-Jul-24   20:10
  Suzlon Energy schedules AGM
  23-Jul-24   20:10
  Lotus Eye Hospital & Institute to convene AGM
  23-Jul-24   20:10
  Sharanam Infraproject & Trading schedules AGM
  23-Jul-24   20:10
  Capri Global Capital receives credit rating for CP programme
  23-Jul-24   19:34
  Infosys partners with UVC Partners
  23-Jul-24   19:10
  Himadri Speciality Chemical allots CPs aggregating Rs 50 cr
  23-Jul-24   19:09
  Outcome of Oil & Natural Gas Corpn regarding sustainable capital restructuring of OPaL
  23-Jul-24   19:05
  MCX announces resignation of director
  23-Jul-24   19:04
  Board of SpiceJet approves QIP issue of Rs 3,000 cr
  23-Jul-24   18:56
Back Top