Reliance Industries Limited

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

ONGC makes gas find in KG block

ONGC discovered oil and gas in the well F-1 in the northern part of the KG basin block KG-DWN-98/2 or KG-D5, which sits next to the flagging KG-D6 block of Reliance Industries.

Sep 15, 2015, 19:37 PM IST

PM Modi meets India Inc amid global gloom in markets

Prime Minister Narendra Modi on Tuesday chaired a high level meeting on global economic scenario with about 40 captains of industry and leading economists at his Race Course Road residence.

Sep 08, 2015, 11:21 AM IST

Amid global gloom in markets, PM Modi to meet India Inc leaders today

The high-level consultative meeting on the agenda -- 'Recent Global Events: Opportunities for India', would also be attended by RBI Governor Raghuram Rajan and Niti Aayog Vice-Chairman Arvind Panagariya.

Sep 08, 2015, 09:05 AM IST

PM Modi to meet industry leaders today on global economic scene

Prime Minister Narendra Modi will today meet business leaders including Reliance Industries head Mukesh Ambani, Tata Group Chairman Cyrus Mistry as well as bankers and economists to discuss global economic scenario.

Sep 07, 2015, 20:31 PM IST

Govt allows RIL to sell LPG to private marketers

The government has permitted Reliance Industries to sell up to 1.2 lakh tonnes of LPG produced at its plants to private cooking gas marketers.

Aug 31, 2015, 19:06 PM IST

RIL loses most profitable tag again, this time to IOC

Within two quarters of losing its 23-year-old reign as the country's most profitable company to TCS in the December quarter, Reliance Industries was again humbled in the June quarter, this time by Indian Oil.

Aug 16, 2015, 19:00 PM IST

HC to decide on Aug 11 bench to hear RIL, Centre pleas

The Delhi High Court Thursday said it will decide on August 11 the bench that will hear RIL and the Centre's pleas against the city government's decision to lodge an FIR against two former Union ministers in connection with alleged irregularities in raising the price of gas from the company's KG6 basin.

Aug 06, 2015, 22:13 PM IST

Reliance, Essar Oil to supply diesel to Railways

Private refineries Reliance Industries and Essar Oil will supply diesel to the Railways, Lok Sabha was told Monday.

Aug 03, 2015, 23:00 PM IST

Govt recovers Rs 368 crore additional profit from RIL

Government has recovered nearly a third of the USD 195.34 million additional profit it is claiming from Reliance Industries' KG-D6 field as a result of penalty imposed for gas output lagging targets, Oil Minister Dharmendra Pradhan said Monday.

Aug 03, 2015, 17:28 PM IST

Reliance Industries Q1 profit rises to highest in over 7 years

Standalone net profit at Rs 6,318 crore, or Rs 19.5 per share, in April-June was 11.8 percent higher than Rs 5,649 crore, or Rs 17.5 a share, in the same period a year ago.

Jul 24, 2015, 21:43 PM IST

RIL Q1 net profit up 4.4%; standalone growth at 12%

Reliance Industries Friday posted 4.4 percent rise in first-quarter consolidated net profit to Rs 6,222 crore, while standalone profit grew 12 percent to highest level in over six years beating market estimates.

Jul 24, 2015, 19:03 PM IST

RIL owes Rs 341 cr to MMRDA for BKC project delay'

Reliance Industries Ltd owes Rs 341 crore to Mumbai Metropolitan Region Development Authority as additional premium charges at a joint property being developed in the posh BKC area here, shows an RTI query.

Jul 20, 2015, 23:10 PM IST

Australia's $18.5 bn fund takes position in RIL

Australia-based Platinum fund, having USD 18.5 billion worth assets under its fold, has added Reliance Industries to its portfolio with bullish outlook on downstream projects, as also company's re-entry into telecom business with Jio later this year.

Jul 17, 2015, 19:37 PM IST

RIL completes 49.9% stake sale in US pipeline venture for $1 bn

Reliance Industries Wednesday said it has closed the deal to sell its entire 49.9 percent interest in a US shale oil and gas pipeline joint venture to New York -listed Enterprise Products Partners for USD 1.073 billion.

Jul 09, 2015, 00:31 AM IST