Reliance Industries Limited

RIL may start coal gas production in MP shortly

Reliance Industries (RIL) will start production of natural gas from coal seams, called coal-bed methane (CBM), in Madhya Pradesh shortly.

Jan 20, 2016, 19:57 PM IST

RIL to further scale down capex for shale gas business in US

Reliance Industries (RIL), which Tuesday reported its best-ever quarterly net income at Rs 7,290 crore on better refining margins, said it will continue to scale down capital expenditure (capex) for its struggling shale gas business in the US.

Jan 20, 2016, 00:03 AM IST

RIL Q3 profit soars 38% to record Rs 7,290 crore

Reliance Industries Tuesday reported its highest-ever quarterly net profit of Rs 7,290 crore for the three months ended December on refinery margins spiking to seven-year high.

Jan 19, 2016, 18:53 PM IST

Reliance Retail Q3 pre-tax profit up 7% at Rs 243 crore

Reliance Industries' retail arm Tuesday reported a 7 percent increase in pre-tax profit at Rs 243 crore for the December quarter.

Jan 19, 2016, 18:40 PM IST

RIL posts record net profit of Rs 7,290 crore in Q3

Beating estimates, Reliance Industries Limited on Tuesday reported a record profit of Rs 7,290 crore, a rise of 38.7 percent, for the third quarter ended December 31, 2015.

Jan 19, 2016, 17:23 PM IST

Antim Baazi : Re-Rating Probability In Reliance

Zee Business, India's first 24-hour Hindi business channel, was conceived to offer 'information' and 'insight' and bring business and economy coverage to you in your own language.

Jan 13, 2016, 22:19 PM IST

CAG flags violation in 'depreciation' benefit to RIL

Reliance Industries availed undue 'accelerated depreciation' benefit for a solar power project for which it also got Rs 22.49 crore incentive under a government scheme, a CAG report said Tuesday.

Dec 08, 2015, 23:08 PM IST

RIL faces 40% cut in marketing margin on KG-D6 gas

Reliance Industries is facing a 40 percent cut in the marketing margin it charges on selling its KG-D6 gas to fertilizer and LPG plants after the government notified a ceiling of Rs 200 per thousand standard cubic meters (scm).

Nov 29, 2015, 11:20 AM IST

UK's Hardy Oil & Gas in talks to buy RIL's 90% stake in GS-01 block

UK's Hardy Oil & Gas plc Thursday said it is in talks to acquire Reliance Industries' entire 90 percent stake in a gas discovery block off the Gujarat coast.

Nov 26, 2015, 19:43 PM IST

CCI dismisses complaints against RIL, Reliance Gas Infra

Noting that Reliance Industries does not have significant presence in the relevant market, the Competition Commission of India (CCI) said the company is not dominant there, according to an order dated November 17.

Nov 24, 2015, 19:14 PM IST

About 11.12 bcm gas of ONGC shifted to RIL's KG-D6: Consultant

About 11.12 billion cubic metres of natural gas worth Rs 11,055 crore have flowed from idling Bay of Bengal blocks of the state-owned Oil and Natural Gas Corporation (ONGC) to neighbouring KG-D6 fields of Reliance Industries, US-based consultant D&M has said.

Nov 22, 2015, 12:43 PM IST

India Inc's October foreign borrowing down 24% at $2.11 bn

India Inc raised over USD 2.11 billion from overseas markets in October 2015, down 24.1 percent from the same month a year ago, RBI data showed Wednesday.

Nov 18, 2015, 18:40 PM IST

Fitch affirms stable outlook rating to Reliance Industries

Fitch Ratings has affirmed Reliance Industries' long term foreign currency and domestic currency issuer default rating at 'BBB-' and 'BBB', respectively with stable outlook.

Nov 16, 2015, 16:19 PM IST

RIL first corporate to sign revised listing pact with BSE

Reliance Industries today became the first corporate to sign the revised listing agreement with the BSE as mandated under the newly introduced Listing Regulation notified by SEBI.

Oct 27, 2015, 10:30 AM IST

India on the cusp of a digital revolution: Mukesh Ambani

Ahead of his company's much-awaited 4G services launch, Reliance Industries Chairman Mukesh Ambani Tuesday said the country is on the verge of a digital revolution where every village will be connected with an optic fibre cable thus making it a strong knowledge economy.

Oct 20, 2015, 23:17 PM IST

Tapti gas field expected to cease production by year end: RIL

The depleted Tapti gas field of the Panna/Mukta and Tapti (PMT) cluster in Arabian Sea is likely to cease production by the end of this year, Reliance Industries has said.

Oct 18, 2015, 19:21 PM IST

ONGC may not get much compensation in gas dispute with RIL

State-owned ONGC may not get much compensation even if it is established that natural gas from its idlying fields in Bay of Bengal had migrated to adjoining KG-D6 block of Reliance Industries as the contract does not provide for retrospective penalty for such acts.

Oct 11, 2015, 18:34 PM IST

RIL arbitration case: Will follow court order, says Oil Ministry

Days after the Supreme Court dismissed its plea seeking removal of a foreign arbitrator appointed by Reliance Industries, the Petroleum Ministry Thursday said it will follow the court order in the dispute over Panna-Mukta and Tapti oil and gas fields.

Sep 24, 2015, 17:04 PM IST

Mukesh Ambani asks executives to reinvent and transform RIL

Ahead of Reliance Industries' much talked telecom launch, its Chairman Mukesh Ambani has asked company executives to reinvent as the group seeks to transform from a B2B organisation to a C2C one.

Sep 16, 2015, 22:29 PM IST

ONGC says expert report to decide its dispute with RIL

With Delhi High Court disposing its petition alleging natural gas from its KG block seeping into neighbouring fields of Reliance Industries, state-owned ONGC has said an independent expert report next month will determine if its apprehensions were right or wrong.

Sep 16, 2015, 20:10 PM IST