Reliance Industries Limited

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

Reliance Industries to invest Rs 1 lakh cr in Gujarat: Mukesh Ambani

Reliance Industries Chairman Mukesh Ambani Sunday announced Rs 100,000 crore investment across businesses in the next 12-18 months and said India was on the path to become the world's fastest growing economy.

Jan 11, 2015, 12:29 PM IST

Reliance Industries will invest Rs 100,000 crore in Gujarat: Mukesh Ambani

Addressing the delegates at the seventh edition of the Vibrant Gujarat Summit in Gandhinagar on Sunday, Ambani urged upon companies from across the globe to invest in India.

Jan 11, 2015, 11:13 AM IST

RIL's telecom, oil projects to push up profits: CLSA

Reliance Industries' much talked about USD 11 billion 4G telecom venture is likely to be launched this year which together with start of key oil projects will help it near double pre-tax profit, says a report.

Jan 06, 2015, 18:39 PM IST

RIL forms JV with China's Shandong Ruyi for textile business

To reposition its textile business and expand globally, Reliance Industries Tuesday announced a joint venture with China's USD-three billion Shandong Ruyi Science and Technology Group.

Dec 09, 2014, 20:00 PM IST

RIL, TCS among Barclays' top 133 stock picks for 2015

Reliance Industries, TCS and Bharti Airtel are among the six Indian firms that figure in Barclays' top 133 stock picks from across the world for 2015.

Dec 08, 2014, 17:06 PM IST

SEBI can withhold information on probe against RIL: CIC

The Central Information Commission has allowed Securities and Exchange Board of India to withhold the information on its probe into alleged short selling of shares by Reliance Industries Limited in 2007 saying investigation has not concluded yet.

Dec 07, 2014, 13:22 PM IST

Fitch revises RIL's rating upward to 'stable'

Fitch Ratings Monday revised upwards outlook on Reliance Industries' (RIL) long-term local currency rating at 'BBB stable' from 'positive', citing better than expected show by its US shale gas business which offset the dip in the domestic exploration business.

Dec 01, 2014, 18:40 PM IST

RJio ties up with lenders for $1.5 billion loan facility

Telecom operator Reliance Jio Infocomm has arranged credit facilities worth USD 1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.

Nov 17, 2014, 22:21 PM IST

Nita Ambani donates Rs 11 crore for Andhra cyclone relief

She handed over a cheque of Rs 111,111,111 to Chief Minister N. Chandrababu Naidu at the latter`s residence here Saturday.

Nov 15, 2014, 16:21 PM IST

RIL, partners to get $40 mn this fiscal from gas price hike

Reliance Industries and its partners will get about USD 40 million in additional revenue this fiscal for gas they produce from eastern offshore KG-D6 block after the government raised prices by 33 percent.

Nov 04, 2014, 20:47 PM IST

Gas price to dent RIL, but EPS, ROCE may still double: Barclays

liance Industries will get 33 percent higher gas price of USD 5.61 per mmBtu for output from MA field in the KG-D6 block, but its main D1&D3 fields will continue to get old rate of USD 4.2.

Oct 21, 2014, 18:26 PM IST

RIL credit metrics to remain stable over 12 mths: Moody's

Moody's Investors Services Thursday said Reliance Industries' credit metrics will remain stable over the next 12 months on the back of strong earnings contribution across the refining and petrochemical segments.

Oct 16, 2014, 19:45 PM IST

RIL shares end flat after earnings

Shares of Reliance Industries Ltd ended flat Tuesday even as the company posted a better-than-expected 1.7 percent rise in second quarter net profit.

Oct 14, 2014, 20:01 PM IST

RIL hopes for Rs 10,000-cr capex in remaining part of FY'15

Reliance Industries, which Monday reported a 1.7 percent rise in net profit at Rs 5,972 crore for the three months to September, expects up to Rs 10,000 crore capital expenditure in the remaining part of this fiscal.

Oct 13, 2014, 22:53 PM IST