Reliance Industries Limited

RIL Retail pre-tax net at Rs 99 cr, revenue up 20% to Rs 4,167 cr

Reliance Retail, the largest player in the organised retail space by revenue, Monday reported Rs 99 crore pre-tax profit on an income of Rs 4,167 crore.

Oct 13, 2014, 22:51 PM IST

RIL Q2 profit inches up by 1.7% to Rs 5,972 crore

Net profit in July-September at Rs 5,972 crore, or Rs 20.3 per share, was 1.7 percent higher than Rs 5,873 crore, or Rs 20 a share earning in the same period last fiscal, the company said in a statement here.

Oct 13, 2014, 19:14 PM IST

Corporates commit over Rs 1 lakh cr investment in Madhya Pradesh

Corporate houses, from Reliance Group to Adani Group, committed investments of nearly Rs 1 lakh crore in Madhya Pradesh on the first day of the Global Investors Summit Thursday which was inaugurated by Prime Minister Narendra Modi.

Oct 09, 2014, 22:16 PM IST

RIL approaches SAT against SEBI's Rs 13 cr penalty

Reliance Industries has approached the Securities Appellate Tribunal (SAT) against a penalty of Rs 13 crore imposed on it by markets regulator Sebi in a case related to disclosure of a key earnings ratio of the company.

Oct 09, 2014, 21:54 PM IST

RIL to complete Rs 20,000 cr investment in MP by March 2016

Reliance Industries Chairman Mukesh Ambani Thursday said his group will complete Rs 20,000 crore investment programme in Madhya Pradesh by March 2016.

Oct 09, 2014, 18:26 PM IST

Reliance Jio signs tower sharing deal with Indus Towers

Reliance Jio Infocomm (RJIL), which is preparing to launch 4G services, Monday signed a master services agreement for tower sharing with Indus Towers.

Sep 22, 2014, 17:06 PM IST

Gas price of over $6.5 key to monetisation of RIL discoveries

A gas price of over USD 6.5 per million British thermal unit is a prerequisite for early monetisation of discoveries made by Reliance Industries, Deutsche Bank said.

Sep 09, 2014, 17:55 PM IST

RIL foundation, Chicago Univ tie-up for medical training tech

Reliance Foundation, the philanthropic arm of Reliance Industries Ltd, and University of Chicago Thursday announced a collaboration to develop innovative technology that will help train medical students and clinicians for better diagnosis and improved healthcare.

Sep 04, 2014, 23:00 PM IST

FAI pitches for continuing with 2007 gas price formula

At USD 100 per barrel oil price, the gas price, using this formula, will come to less than USD 5 per mmBtu.

Aug 29, 2014, 18:14 PM IST

RIL to shut Hazira unit for 4 weeks

Reliance Industries Wednesday said it will shut the Hazira petrochemical unit for four weeks from September-end for scheduled maintenance.

Aug 27, 2014, 21:58 PM IST

RIL to save $450 mn/yr by importing ethane from US

Reliance Industries will save about USD 450 million annually by importing 1.5 million tons ethane from US for its petrochemical plant, says a report.

Aug 27, 2014, 18:19 PM IST

Energy firms warn against cost-plus pricing for gas

The Association of Oil and Gas Operators, which is made up for over two-dozen members including the likes of Reliance Industries, ONGC, Cairn, BP, BG, BHP and Essar, on August 18 wrote to Oil Minister Dharmendra Pradhan listing out pricing challenges and how a market driven pricing will boost output.

Aug 24, 2014, 11:44 AM IST

RIL inks pact for US ethane to feed Jamnagar cracker unit

Reliance Industries Wednesday said it has entered into agreements to long haul US-produced ethane to feed its cracker at the Jamnagar refining and petrochemical complex in Gujarat.

Aug 20, 2014, 21:03 PM IST

OilMin rebukes ONGC for making "frivolous allegations"

ONGC had on May 15 filed a petition in the Delhi High Court alleging that RIL may have drawn natural gas worth thousands of crores of rupees from its fields that sit next to Mukesh Ambani-run firm's KG-D6 block Krishna Godavari basin.

Aug 18, 2014, 19:41 PM IST

No gas from RIL's KG-D6 is being supplied to Bangladesh: Govt

The government today asserted that no gas from Reliance Industries' eastern offshore KG-D6 block was being supplied to Bangladesh.

Jul 23, 2014, 17:42 PM IST

KG-D6 case: Oil Min says it challenged McHugh decision to return

Former Australian judge Michael McHugh had to quit as chairman of an arbitral tribunal in the Reliance Industries' KG-D6 cost recovery dispute as Oil Ministry challenged his decision to return after he initially withdrew from the post.

Jul 23, 2014, 17:16 PM IST

RIL's Q1 performance supports credit profile: Moody's

Moody's Investors Service Tuesday said Reliance Industries' largely stable performance metrics for the first quarter of the current fiscal continue to support its credit profile.

Jul 22, 2014, 20:36 PM IST

Sensex rises 73 points to 2-week high; RIL gains 2%

Sensex on Monday rose for the fifth day and ended 73 points higher at two-week closing peak on continued foreign capital inflows after bluechips, including RIL and HDFC, reported robust quarterly earnings.

Jul 21, 2014, 17:13 PM IST

Gas price: Govt joins arbitration initiated by RIL, partners

The government Thursday decided to join the arbitration initiated by Reliance Industries and its partners over delay in revision of natural gas prices, and named former Supreme Court judge G S Singhvi as its arbitrator.

Jul 17, 2014, 19:26 PM IST

Cancel broadband spectrum held by RJio: CAG draft report

The CAG has suggested cancelling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for allegedly rigging the auction and violating rules.

Jun 29, 2014, 18:28 PM IST