Big TV, the Direct-to-Home (DTH) service of Anil Ambani's Reliance Communications (RCom), claimed that it has become the fastest growing DTH player in the country, as it has crossed the magic figure of 500,000 subscribers within two months of its launch.
According to the company's CEO Arun Kapoor, crossing the 5-lakh customer milestone within two months is indeed a testimony to the superior value proposition offered by BIG TV, and its success in accelerating the growth momentum of DTH sector in India.”
Reliance Big Pictures is gearing up to release 18 movies for 2009 release. Out of these, 11 films will be released in Hindi while the other seven films will be in five regional languages. Big Pictures in association with Excel entertainment will release Luck By Chance, the directorial debut of Zoya Akhtar on 30 January. The movie stars are Farhan Akhtar, Juhi Chawla, Konkana Sen Sharma, Rishi Kapoor, Dimple Kapadia and Hrithik Roshan in a special appearance. 
Union government had withdrawn the affidavit from the Bombay High Court, which was filed over RIL-RNRL gas dispute case. The affidavit was filed by the oil ministry, explaining the contractual violations over the sale of Krishna-Godavari basin gas. 
Karvy Stock Broking Limited has maintained ‘buy’ rating on Reliance Industries Ltd (RIL) stock with an intraday target of Rs 1250. 
The Dabhol power plant in Maharashtra would get gas from Krishna-Godavari (K-G) basin on a priority basis. K-G basin is being developed by Reliance Industries in Andhra Pradesh. RIL is directed by the union petroleum ministry to sell gas at $4.2 per million British thermal unit (mBtu) after the judgment of the court. It also asked RIL to supply gas to some fertilizer plants.
Adlabs Films, a member of the Reliance Anil Dhirubhai Ambani Group and the leading entertainment conglomerate in the country, has notified that the board of directors of the company has approved a scheme of arrangement envisaging demerger of its radio business into Reliance Unicom Ltd. 
