Reliance Industries’ flagging KG basin D6 block has seen natural gas output slip further, leading the government to disallow $2.756 billion in cost, Oil Minister Dharmendra Pradhan said today.
A top parliamentary panel today began examining Reliance Industries “unfairly” producing over Rs 10,000 crore worth of natural gas belonging to state-owned ONGC in the KG-basin and constituted a sub-committee to go deeper into the issue.
Reliance Industries’ (RIL) nearly 396 million equity shares representing 12.58% equity of total paid up capital changed hands on BSE through block deal in early morning trade.
Shares of Reliance Industries (RIL) hit nearly 9-year high in the eighth week of 2017, adding Rs 34,790 crore in to its market capitalisation, after the company’s telecom arm Reliance Jio said it will begin charging for data services from April. The heavyweight also became the second most valuable company in terms of market capitalisation […]
Reliance IndustriesBSE -0.58 % is in talks to raise as much as $2.25 billion (Rs 15,300 crore) in what could be one of the biggest offshore debt issues by an Indian corporate as the energy-to-retail conglomerate seeks to replace existing high-cost borrowings as well as build a war chest for its aggressive expansion strategy in telecom.
RIL has sought quashing of the FIR lodged against it by the ACB of the Delhi govt in 2014
Reliance Industries Ltd (RIL)on Friday told the Delhi High Court the FIR lodged against it and two UPA ministers on alleged irregularities in raising gas price from KG-6 basin was liable to be quashed in view of its larger bench ruling that the Delhi government’s ACB does not have power to probe central government officials.
Winter heating to counter a severe cold wave sweeping across north India has driven up power demand beyond what was seen in previous years, sending power distributors in the region scurrying to negotiate arrangements to prepare for contingencies.
Reliance Industries-SIBUR JV Plans To Set Up South Asia’s First Halogenated Butyl Rubber Unit At Jamnagar
Halogenated butyl rubber is a key ingredient for manufacturing inner liner of tubeless tyre. With the Indian automobile trend aligning with global trends, penetration of tubeless tyres is expected to accelerate in the Indian market, resulting in an increased demand of halogenated butyl rubber. The ingredient is also used in the manufacture of pharma stoppers, inner liner of storage tanks, etc.
Reliance Industries Limited (RIL) and Russian petrochemical giant SIBUR signed an MoU at the recently-concluded Vibrant Gujarat Summit at Gandhinagar
Reliance Industries saw a positive impact of demonetisation on its organised retail business, but demand growth was affected in petrochemicals and petrol pumps, the company said.
The government is seeking legal advice on whether it can recover $1.55 billion compensation from Reliance Industries in the gas dispute case with ONGC while arbitration proceedings are underway,