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Land for Mukesh Ambani's dream SEZ in Raigad district will now be reclaimed with money out of your purse.

The Brihanmumbai Municipal Corporation has accepted the Reliance group's proposal to dump construction debris on the low-lying 2,180 hectare site for its Mahamumbai special economic zone, but read more »
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The monthly electricity bill is likely to increase up to 30% for more than 35 lakh power consumers in the city. Sources in the power industry say Reliance Infrastructure (RInfra), formerly known as Reliance Energy Limited, and the Brihanmumbai Electric Supply and Transport (BEST) undertaking are expected to increase their tariffs by 20-30%.

The two power utilities had approached the Maharashtr read more »
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In the first-ever referendum in the country involving farmers, more than 6,000 land-owners from 22 Raigad villages made their views on a special economic zone known on Sunday.

Judging by the mood of the farmers in the command area of the Hetwane irrigation dam, it appears that the Reliance group will have its task cut out to acquire land for its multi-crore SEZ project in the Konkan area.

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With the historic referendum on the fate of the proposed special economic zone (SEZ) in Raigad just a week away, the Maharashtra government has decided to double the compensation amount — from ten lakh rupees per hectare to twenty lakh rupees per hectare — for the farmers who stand to lose their land.

This is in addition to the promise of making them stakeholders in the mega project and the a read more »
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Reliance ADAG's film production arm BIG Pictures has launched its first Marathi film Samaantar, which is co-directed by Amol Palekar and his wife Sandhya Gokhle. The film, which is currently under production, revolves around a man-woman relationship. It stars Palekar, Sharmila Tagore, Makrand Deshpande, Sameer Dharmadhikari, Kishore Kadam, Aishwarya Narkar and Radhika Apte. read more »
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Close to 2000 acres of rice fields in Raigad are being destroyed by tidal water. The Maharashtra government is yet to repair the bunds built to keep seawater away. And now the land cannot be productive for three years.

The inclusion of some of this land in the proposed reliance SE read more »
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Traffic on the Mumbai-Goa national highway was on Tuesday disrupted as 500-odd farmers protesting against the setting up of a special economic zone in Raigad district blocked the road for more than two hours.

Eknath Thakur, a farmer from Div village who owns two-and-a-half acres, said: "We would not have opposed the land acquisition if any industry was coming here. But the SEZ will only fulfi read more »
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Close on the heels of a steep hike in petroleum prices, residents of Mumbai's suburbs will have to absorb a moderate hike in electricity tariff with effect from June 1.

State power regulator MERC on Thursday cleared an average tariff hike of 10.22% across categories for consumers of Reliance Energy Limited (REL), the supplier in suburbs.

While residential consumers will have to deal with read more »
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rnrnOut of the 3,304 computers introduced in 49 Brihanmumbai Municipal Corporation (BMC)-run schools for the use of secondary and higher secondary students, nearly 70 per cent are not in working condition.rnrnOver the last three years, 3,304 computers were donated to the civic body by Reliance, Ster read more »
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Following Brihanmumbai Electricity Supply Transport (BEST) general manager Uttam Khobragade’s outburst on Thursday, Reliance Energy Limited (REL) argued before the Appellate Tribunal for Electricity on Friday that the Maharashtra Energy Regulatory Commission (MERC) has erred in approving the Power Purchase agreement (PPA) without considering the impact on REL consumers. read more »
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Mukesh Ambani’s Reliance is looking for a gestation of 3 years for its investments in the Indian Premier League (IPL). The main contributor to its revenues will be its sponsorship partners.The company is scouting for alliance with about three to four major partners. Reliance was the highest bidder in IPL team auctions with an investment of $111.9 million. read more »
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In a what seems to be a lucrative deal for the owners of the Indian Premier League (IPL) franchise, nearly 60-65 per cent of their costs have been covered through sale of television rights to Sony-World Sports Group (WSG) for $1.026 billion, including $108 million by BCCI.

During the first and fifth year of IPL, the eight team owners will get 80 per cent of the total broadcasting revenues and read more »
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In what is welcome news for the power-starved state, two mega projects in Shahpur, about 80 km from Mumbai, are slated to take off soon.

The projects proposed by Tata Power and Reliance Energy Ltd were stuck in a limbo for two years as there was overlap in the land allotted by the government to the two comapnies. read more »
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Rohit Nalawade CEO of tech startup Consumer Vision incubated in IIT Mumbai are all set up to equip these kirana stores with RFID technology. With this piece of software and hardware, kirana stores can improve users experience and serve them better. Will this create more problems for retail chains like reliance to establish, may be, but it would definately make the "Kirana wala" genre a history. read more »
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For farmers, organized retails like reliance fresh is a good opportunity for making more money, they get better value for their goods, free pick up of his produce, no commission agent and goods are weighed electronically. As least this is what some of the news reports says, unless there is a different ground reality. read more »
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