Reliance

RGTIL credit rating unaffected by loan refinancing

The credit rating of Mukesh Ambani-owned RGTIL remains unaffected following the company refinancing its rupee loan, domestic agency Crisil has said.

Jun 21, 2015, 16:25 PM IST

Adani, Reliance to build Bangladesh power plants to ease crisis

Two leading Indian power firms will build several plants in Bangladesh to produce up to 4,600 megawatts of electricity to ease the country`s prolonged power crisis, a senior official said on Saturday.

Jun 06, 2015, 15:20 PM IST

SC rejects telecom companies' pleas for licence extension

The Supreme Court on Thursday dismissed a batch of petitions filed by various telecom companies, including Vodafone and Bharti Airtel, seeking extension of their spectrum licences.

May 14, 2015, 11:40 AM IST

Reliance Infrastructure-Pipavav Defence deal clears CCI test

Anti-trust watchdog CCI has approved Reliance Infrastructure's proposed acquisition of controlling stake in Pipavav Defence and Offshore Engineering in a Rs 2,000-crore deal.

May 07, 2015, 17:39 PM IST

Natural gas price to be cut by 10% to $5.02/unit from April 1

The price of domestically produced natural gas is likely to be slashed by over 10 percent to USD 5.02 per unit from April 1, the first ever reduction in rates of the fuel.

Mar 18, 2015, 10:58 AM IST

Reliance, Axis MFs get nod to raise stake in MCX upto 5%

Commodity market regulator FMC has allowed Reliance and Axis mutual funds to increase their stake in Multi-Commodity Exchange (MCX) to up to 5 percent each.

Feb 26, 2015, 19:24 PM IST

RIL logs 1st profit decline in nine quarters, Q3 Net down 4.5%

RIL Q3 net profit dipped by 4.5 percent to Rs 5,256 crore, its first profit decline in nine quarters, after a steep fall in crude oil prices hurt core refining business and margins.

Jan 16, 2015, 20:27 PM IST

Vibrant Gujarat Summit: Companies sign 21,000 MoUs to invest Rs 25 lakh crore

This is more than double the investment amount committed during the last edition of the Summit in 2013 at Rs 12 lakh crore (with 17,000 MoUs) and is over ten-times the investment committments announced at the recently held West Bengal Global Business Summit.

Jan 12, 2015, 22:18 PM IST

Reliance finalises 2015 diesel and jet fuel term contracts

RIL has agreed to sell 500 ppm sulphur diesel at a premium of about $1.30 a barrel.

Jan 08, 2015, 15:30 PM IST

Reliance Capital shares sprint on talks of Yatra.Com stake sale

Reliance Capital's stock gained 4.34 percent to settle at Rs 538 on the BSE. During the day, it climbed 4.9 percent to Rs 540.90. At the NSE, the scrip closed 4.56 percent higher at Rs 539.

Dec 10, 2014, 18:53 PM IST

Reliance Comm signs seven year managed services deal with Ericsson

This is the first pan-Indian managed services deal for Ericsson, the statement said.

Dec 05, 2014, 19:40 PM IST

Navy lauds RIL's role in locating sunken vessel

A timely help from Reliance Industries in locating wreck of a sunken Navy vessel in Bay of Bengal has come in for praise from the Indian Navy which commended the firm's promptness and thorough professionalism in the task.

Dec 02, 2014, 19:00 PM IST

US retailer hires ex-Reliance Retail executive as CFO

Pruthi is joining as Senior Vice President and Chief Financial Officer, effective December 1, 2014, the company said, while adding that he would report to Michael Scarpa, Chief Operating Officer.

Nov 23, 2014, 13:15 PM IST

Reliance Cap Q2 profit up 20% on MF, general insurance push

The total income rose by 12 percent to Rs 2,084 crore for the quarter ended September 30, the company said in a release.

Nov 14, 2014, 18:00 PM IST

Reliance seeks sale of Eagle Ford stake for up to $4.5 bn: Sources

The sale process for the oil production assets and the oil and gas gathering assets is at an early stage, the people said.

Oct 11, 2014, 08:36 AM IST

RJIL awards 50k-70k sites contract to Samsung: Credit Suisse

Reliance Jio Infocomm Ltd is believed to have awarded another contract for 50,000-70,000 LTE base staions to Samsung, global brokerage firm Credit Suisse said.

Sep 17, 2014, 16:07 PM IST

Reliance plans $13 billion in projects including new refinery

Reliance Industries has sought environment ministry approval for a USD13 billion upgrade to its Jamnagar complex, including a 400,000 barrels per day (bpd) refinery, documents seen by Reuters show.

Aug 29, 2014, 19:41 PM IST

Reliance Jio, BSNL sign tower sharing deal

Reliance Jio Infocomm (RJIL) has signed a deal with state-owned telecom firm BSNL for leasing around 4,000 mobile towers.

Aug 26, 2014, 20:53 PM IST

Reliance Communications Q1 net profit up 22% at Rs 132 cr

Telecom operator Reliance Communications Thursday posted over 22 percent increase in consolidated net profit at Rs 132 crore for the first quarter ended June 30, 2014.

Aug 14, 2014, 19:05 PM IST