RIL to offload 3.1% stake in Network18 for around Rs 200-cr
Reliance Industries will offload 3.1 percent stake in media and entertainment firm Network18 Media and Investments Ltd for an estimated Rs 200 crore to bring down its shareholding to permitted level of 75 percent.
Jul 06, 2015, 23:57 PM IST
Niko seeks 3-month extension to sell stake in KG-D6 block
Reliance Industries` consortium partner Niko Resources of Canada has extended by over three months its search for a buyer of its stake in RIL`s eastern offshore KG-D6 gas block to pay off debt.
Jun 14, 2015, 20:19 PM IST
RIL's return ratio to improve over medium term: Report
As Reliance Industries nears completion of a significant capex cycle over next 12 months, return ratios are likely to improve in the medium term, driven by strong earnings accretion from core business and a rational strategy in telecom business, a brokerage said.
Jun 08, 2015, 19:29 PM IST
Mukesh Ambani keeps salary capped at Rs 15 crore for 7th year
Ambani, the richest Indian, has kept salary, perquisites and allowances and commission at Rs 15 crore since 2008-09, foregoing almost Rs 24 crore per annum.
May 20, 2015, 21:33 PM IST
RIL to raise Rs 10,000 crore through NCD
Reliance Industries plans to raise Rs 10,000 crore through a privately placed non-convertible debenture issue to fund its ongoing capital expenditure.
May 20, 2015, 18:52 PM IST
RJio expected to launch services by mid-July: Credit Suisse
Reliance Jio Infocomm (RJio) is expected to launch services by mid-July and it will have quite a significant impact on the telecom industry, says a report.
May 20, 2015, 17:24 PM IST
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
