RIL

RIL to restart petrol pump network by March next year

"Reliance plans to re-commission the entire network of 1,400 outlets by the end of FY 2015-16. As on March 31, 2015, over 300 outlets are operational," the company said in its latest annual report.

May 24, 2015, 11:48 AM IST

RIL, BP give up 2 more blocks; tally down to 4

Since 2012, RIL and BP have been pruning their portfolio, shedding not so viable acreage.

May 21, 2015, 16:15 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

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

Mukesh Ambani pays Rs 1.6 crore registration fees for his new Rs 8 cr BMW

India's biggest industrialist, Mukesh Ambani has paid Rs 1.6 crore as registration fees for his new 7 series BMW car.

May 19, 2015, 15:33 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

RJio raises $750-mn loan to buy gears for 4G rollout

The loan has 12 years of repayment time.

May 13, 2015, 10:13 AM 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

Oil Ministry rejects RIL arbitration notice, terms it 'untenable'

The ministry held that the move is in accordance with the provisions of the contract and there's no dispute that needs to be arbitrated upon.

Apr 26, 2015, 14:05 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