RIL raises $200 million through Formosa bonds in Taiwan
Reliance Industries on Tuesday said it has raised USD 200 million by selling so-called Formosa bonds in Taiwan, Asia's hottest bond market.
May 19, 2015, 18:28 PM IST
Government to allow market price for some natural gas
The government may allow a part of the natural gas produced by firms like ONGC and Reliance Industries from new discoveries to be sold at market price as it looks to boost domestic exploration and production.
May 17, 2015, 11:59 AM IST
Reliance Jio's launch likely to shake industry, market: Study
The broadband arm of Reliance Industries is likely to start its operations with offers that will shake up the existing industry norms and quickly get a 10th of the subscriber base and nearly as much share of the revenues, says a report by Bernstein Research.
May 14, 2015, 21:39 PM IST
Reliance turns to China to reprise cheap phone revolution in India
Reliance Industries is in talks with Chinese manufacturers to secure cut-price phones that could be sold in packages from $30, as it seeks to repeat the low-cost revolution it unleashed with its first dip into India`s mobile market more than a decade ago.
May 14, 2015, 17:45 PM IST
CAG raps OilMin for letting RIL charge marketing margin in dollars
Government auditor CAG Tuesday criticised the Oil Ministry for allowing Reliance Industries to charge a marketing margin on its KG-D6 gas in US dollars terms and not in rupees saying it will result in over Rs 201 crore excess subsidy payout on urea.
May 05, 2015, 17:40 PM IST
RIL not following PSC be treated as default: Parl panel
A Parliamentary panel has asked government to treat Reliance Industries not drilling committed number of wells on the flagging KG-D6 gas fields as contractual 'default' and not just failure for taking remedial action.
Apr 28, 2015, 18:14 PM IST
Mukesh Ambani regains richest Indian slot from Dilip Shanghvi
Industrialist Mukesh Ambani Monday regained his position as the world's richest Indian with a networth of USD 19.6 billion, as pharma tycoon Dilip Shanghvi slipped to the second place after remaining on the top for about seven weeks.
Apr 27, 2015, 17:05 PM IST
RIL shares plunge over 4%; top Sensex loser
Shares of Reliance Industries ended with over 4 percent loss Monday, wiping-out Rs 13,282 crore from its market valuation on profit-booking even as the company reported its highest quarterly net profit in more than seven years for the January-March period.
Apr 20, 2015, 19:34 PM IST
RIL commissions 2 plants for polyester plastic
Reliance Industries Ltd Friday announced the commissioning of two petrochemical plants for making polyester plastic used in clothing, packaging, foods & beverages and plastic bottles.
Apr 10, 2015, 19:44 PM IST
Govt asks GAIL to remit incremental KG-D6 gas price every month
Government has asked GAIL to remit to the exchequer on a monthly basis the incremental gas price from RIL's KG-D6 field towards recovery of profit share it claims is due from the private firm.
Mar 11, 2015, 20:44 PM IST
RIL arm mentors 11 start-ups under programme with Microsoft
Reliance Industries Ltd Tuesday said its venture investment arm has mentored 11 start-ups from diverse sectors as part of an accelerator programme launched jointly with Microsoft Ventures late last year.
Mar 10, 2015, 18:26 PM IST
RIL is India's largest co with Rs 3.68 lakh cr worth assets
Reliance Industries Ltd is the country's largest corporate with assets worth Rs 3.68 lakh crore, followed by state-owned Indian Oil Corp and mortgage lender HDFC.
Mar 10, 2015, 17:10 PM IST
CCI approves Reliance's deal with Chinese co for textile biz
Fair trade regulator CCI has approved Reliance Industries' proposed deal to sell 49 percent stake in a newly-formed textile firm to Chinese company RuYi, saying the deal does not raise anti-competitive concerns.
Mar 05, 2015, 21:30 PM IST
Zero tolerance policy towards illegal acts: Essar
Days after one of its employees was arrested in the corporate espionage case, Essar Oil Wednesday said it is a law abiding corporate and had not authorised anybody to access stolen oil ministry documents.
Feb 25, 2015, 22:30 PM IST
Oil regulator for lower marketing margin on gas: Pradhan
Oil regulator PNGRB has suggested a maximum marketing margin on natural gas sold to fertilizer and LPG plants of about 11.5 cents, less than what state-run GAIL and Reliance Industries currently charge from gas users.
Feb 25, 2015, 18:58 PM IST
ONGC-RIL gas siphoning row: Expert body will not help, says PSU
ONGC has suffered a loss of over Rs 30,000 crore due to alleged siphoning off of natural gas by Reliance Industries Ltd (RIL) from the PSU's well in Krishna- Godavri (KG) basin and appointment of an experts body on the issue "will not help", the state-run oil firm said Wednesday.
Jan 22, 2015, 00:35 AM IST
RIL hits overseas debt market with a $1 bn issue
Reliance Industries has hit the international debt market with an aim to raise around USD 1 billion by selling bonds to international investors.
Jan 21, 2015, 23:21 PM IST
RIL to see upside upon $16 bn project completion
Reliance Industries, which reported its first decline in quarterly net profit in over two years, is likely to see upside when its USD 16 billion expansion projects are completed and telecom venture is rolled out, analysts said.
Jan 19, 2015, 17:20 PM IST
Reliance Jio applies for pan India cable MSO license
In a bid to foray into broadcast distribution business, Reliance Jio Media, a subsidiary of Reliance Jio Infocomm, has applied for a pan India cable MSO (Multi-System Operator) license, according to sources.
Jan 14, 2015, 18:29 PM IST
Vibrant Gujarat Summit 2015: Indian, foreign cos announce huge investments
While Reliance Industries chief Mukesh Ambani said his group would invest Rs 1 lakh crore in 12-18 months across businesses, Kumar Mangalam Birla of Aditya Birla Group announced investment plans for Rs 20,000 crore in the state.
Jan 11, 2015, 15:02 PM IST
