BP signals willingness to take back arbitration
After the oil ministry's tough talk, BP of the UK has signalled its desire to end arbitration seeking higher prices for natural gas from eastern offshore KG-D6 block that it co-owns with Reliance Industries.
Mar 13, 2016, 11:22 AM IST
Mukesh Ambani retains position as India's richest person: Forbes
Ambani, 58, with a net worth of USD 20.6 billion is still India's richest, the magazine said which ranked him 36th on the list universally.
Mar 01, 2016, 23:55 PM IST
Don't reimpose customs duty on crude: Oil companies
An association of companies like IOC and Reliance Industries has requested the government not to reimpose customs duty on crude oil saying that refineries will not be able to absorb additional costs.
Feb 23, 2016, 20:55 PM IST
Reliance Jio, 8 other telcos form knowledge sharing alliance
Announced Monday, members of the alliance include BT, Deutsche Telekom, Reliance Jio Infocomm Limited, Millicom, MTS, Orange, Rogers, TeliaSonera and TIM.
Feb 15, 2016, 21:09 PM IST
RIL not to boycott Shah panel in gas dispute with ONGC
In a U-turn, Reliance Industries has decided to participate in the deliberation of one-man A P Shah Committee deciding over the company allegedly producing gas belonging to state-owned ONGC.
Feb 11, 2016, 21:26 PM IST
Mukesh Ambani, Sam Pitroda elected to NAE for engineering excellence
Reliance Industries Chairman Mukesh Ambani and tech evangelist Sam Pitroda have been elected to the prestigious National Academy of Engineering (NAE), a non-profit organisation based in the US.
Feb 09, 2016, 19:16 PM IST
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.
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
