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Cyclone 'Phyan': Eight states, three UTs on alert
As the sea became rough due to cyclonic storm "Phyan", the Home Ministry today put on alert five coastal states and three Union Territories and sent disaster relief response force for their assistance.

DoT may prohibit M&As among 3G players
The government is unlikely to allow any merger or acquisitions among the third generation, or 3G, mobile service providers to ensure competition.

News of the day

MoU signed to set up rural BPO centres in 22 AP districts
The Rural Development Department of Andhra Pradesh government and Infosys BPO Limited today signed a Memorandum Of Understanding(MoU) for setting up rural BPO centres in 22 districts across the state.
Home Business

RIL allots 21,173 shares to employees under ESOS

Diversified business conglomerate Reliance Industries (RIL) today said it has allotted 21,173 equity shares to its employees under the Employees Stock Option Scheme (ESOS). - NTPC ready to buy gas from RIL,opposes paying marketing margin - NTPC working on to build 18,000 Mw of new capacity - Reliance Industries wins Iran contract - RIL"s German subsidiary files for insolvency - RIL strikes two more gas reserves in KG basin - RIL, Tatas most admired cos for CSR activities The company has allotted 21,173 shares of Rs 10 each to its employees on June 1, RIL said in a filing to the Bombay Stock Exchange. RIL, the country"s most valued firm, is engaged in polymers, chemicals, fiber intermediates, petroleum, textiles and procurement business. Earlier in May, RIL had alloted 2,055 equity shares of Rs 10 a piece to its employees pursuant to the ESOS. Shares of RIL were trading at Rs 2,317, up 1.99 per cent on the BSE.


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