Wealth creation must for wealth distribution to happen: Mukesh Ambani
Amid rising concerns about globalisation benefitting the world's richest more, India's wealthiest man Mukesh Ambani today favoured free market economy and said wealth creation should not be constrained as it is a precursor to the distribution of wealth.
Jan 17, 2017, 23:58 PM IST
RIL, BP spend Rs 4,500 crore to maintain gas output at KG-D6
RIL-BP are currently producing from Dhirubhai-1 and 3 gas field and MA oil and gas field, three of the over one-and-half dozen discoveries made in the Bay of Bengal Block KG-DWN-98/3 or KG-D6.
Jul 24, 2016, 15:40 PM IST
RIL to pump in Rs 15,000 crore in Jio through rights issue
"We wish to inform you that the Board of Directors of the company at their meeting held on July 14 approved further issue of 1,500 crore equity shares of Rs 10 each aggregating to Rs 15,000 crore to the existing equity shareholders of the company on rights basis," the company said in a regulatory filing.
Jul 19, 2016, 21:55 PM IST
Reliance Industries sells 49.9% stake in US JV for $1.07 bn
RIL and its partner Pioneer Natural Resources Co sold off Eagle Ford (EFS) Midstream venture, that owns a 460 miles pipeline network, to Enterprise Products Partners for USD 2.15 billion.
Jun 01, 2015, 20:36 PM IST
Mukesh Ambani gives retail arm mandate to drive 4G devices
Set to launch its pan-India 4G datacom services under "Jio" brand soon, Mukesh Ambani-led Reliance Industries has assigned its retail arm the mandate to develop the market for compatible devices and drive its growth.
Jan 13, 2015, 09:38 AM IST
