The government has slapped additional penalty of USD 264 million (about Rs 1,700 crore) on RIL and its partners for producing less than the targeted natural gas from the KG basin block in 2015-16.
Reliance Industries Ltd. plans to refinance a significant portion of about $12 billion of borrowings that mature over the next three years and may sell bonds to repay the debt, according to company executives with knowledge of the matter.
Seven of the top-10 most valued Indian firms together added Rs 40,799.71 crore in market valuation last week, led by RIL that emerged as the biggest gainer.
Oil-to-telecom behemoth Reliance Industries (RIL) on Friday announced bonus shares in the ratio of 1:1. This is the country’s largest bonus issue in India.
The recent Reliance Industries (RIL) and British energy major BP deal on joint investment of $6 billion across the entire energy value chain in India and starting commercial gas production from coal bed methane
Lower other income, extremely good petchem margins and nine-year high GRM figure – what is your take on RIL’s numbers?
Mukesh Ambani-led Reliance Industries (RIL) on Thursday reported better-than-expected earnings for June quarter, thanks to a rise in gross refining margin (GRM). However, net profit came in line with market expectations.
Reliance Industries Ltd. (RIL) reported a 28% jump in first-quarter net profit to ₹9,108 crore, helped by higher margins at its refining and petrochemicals businesses and a one-time gain from an asset sale.
A consortium of Reliance Industries Ltd-Shell India and Oil and Natural Gas Corp. (ONGC), producing oil and gas from the Panna-Mukta-Tapti fields, has disputed a collective demand of $3 billion by the oil ministry as shortfall in its share of profit.
The government’s demand for an additional share in the profits and royalty from the contractors of Panna Mukta and Tapti oil and gas fields is “premature”, Reliance Industries said in a statement on Tuesday.