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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 city’s first ever helipad atop a residential building, the 19th storey home of the Ambani family at Sea Wind in Cuffe Parade has run into heavy weather yet again. The Ministry of Environment and Forests (MoEF), which had earlier granted an approval to the project has now stayed it.

In its letter dated June 5 to the director of M/s Ruchi Properties Private Limited, carrying out work here, i read more »
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The financial bids submitted by the Ambani brothers for the 22 km Sewri-Nhava Sheva Mumbai Trans Harbour Link will be re-evaluated, as the state government feels that the concessional periods offered by both of them seem unrealistic.

Anil Deshmukh, Public Works Department Minister and the chairma read more »
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Anil Ambani's first foray into medicine is actually the fulfilment of a widow's dream.

A year after the death of eminent cardiologist Nitu Mandke, Ambani's company took over the doctor's stalled pet project, a massive heart hospital at Four Bungalows, Andheri.

Now, eleven years after c read more »
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There is as much activity going on at Seawind, the Cuffe Parade residence of the Ambanis, as at their various business houses. In a first for a residential building in Mumbai, the Ambanis are constructing a helipad atop their 20-storey home. 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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Three face-offs over multi-crore projects in the last 26 months.
The latest battleground for India’s richest brothers is the bid to build the second Metro rail project in Mumbai, which will have 27 stations costing nearly Rs 6,192 crore. read more »
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The buzz last evening was that Mukesh Ambani had become the richest person in the world, following the recent bull run in the stock market.

Rumours swirled that Mukesh Ambani had upstaged Bill Gates as the ‘richest person in the world’. read more »
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Mukesh Ambani-led Reliance Industries Limited (RIL) has offered to develop a near 3.5km stretch of the Mithi, from MTNL bridge to Dharavi bridge, at an estimated cost of Rs15 crore. read more »
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Why are the private companies running scared now ? They had pressured government to privatize the power supply citing corruption, non-performance, non-efficiency and every other 'sarkari' ill. What has happened now that they are stopping impartial observers being appointed on the request of the consumers. Why is Ambani bhai feeling so power-less now ? read more »
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Today, if you travel by road from the central suburb of Ghatkopar to the western suburb of Versova, it could take you an hour if you are not caught in a bad traffic jam. Come 2009 and you could cover the same distance by the Mumbai metro in 21 minutes and, since the metro will have air-conditioned coaches, you can hope to arrive in good shape. Besides, the maximum fare of Rs 10 will not pinch mos read more »
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The company will invest Rs 16,000 crore (Rs 160 billion) for network expansion in FY08, said RCom chairman Anil Ambani on Tuesday in Mumbai.

RCom is looking at inorganic growth route across the world. The company will cover 23,000 towns, or every single Indian habitation with a population of over 1,000 persons, he said. The company will cover almost 100 per cent of all rail routes, all nationa read more »
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"The Navi Mumbai SEZ has been cleared with the condition that promoters should build, within a year, the infrastructure that would ensure contiguity on the 1,250-hectare land where it is coming up in Maharashtra," Commerce Secretary and Chairman of BoA G K Pillai said.

With timely completion of this project and Metro rail, coastal transport etc, life should improve in and around Mumbai. Do w read more »
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Anil Ambani-led consortium, which is developing the ambitious metro rail project in metropolis, has some some good news for Mumbaikars on Tuesday.

Burdened as they are with high transportation costs and uncomfortable public transport facilities, news that the cost of travel between the suburbs of Versova and Ghatkopar will be as low as Rs 6 should indeed be a welcome news for Mumbai commuters. read more »
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