ONGC-RIL gas siphoning row: Expert body will not help, says PSU
ONGC has suffered a loss of over Rs 30,000 crore due to alleged siphoning off of natural gas by Reliance Industries Ltd (RIL) from the PSU's well in Krishna- Godavri (KG) basin and appointment of an experts body on the issue "will not help", the state-run oil firm said Wednesday.
Jan 22, 2015, 00:35 AM IST
RIL hits overseas debt market with a $1 bn issue
Reliance Industries has hit the international debt market with an aim to raise around USD 1 billion by selling bonds to international investors.
Jan 21, 2015, 23:21 PM IST
RIL to see upside upon $16 bn project completion
Reliance Industries, which reported its first decline in quarterly net profit in over two years, is likely to see upside when its USD 16 billion expansion projects are completed and telecom venture is rolled out, analysts said.
Jan 19, 2015, 17:20 PM IST
Gas exploration from KG basin: Respond to CAG report, SC to RIL
The CAG, in its report tabled in the Parliament, found irregular payment of USD 427.48 million to contractors, of which it sought disallowance of at least USD 77.36 million cost.
Jan 16, 2015, 20:44 PM IST
Reliance Industries to invest Rs 1 lakh cr in Gujarat: Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani Sunday announced Rs 100,000 crore investment across businesses in the next 12-18 months and said India was on the path to become the world's fastest growing economy.
Jan 11, 2015, 12:29 PM IST
Reliance Industries will invest Rs 100,000 crore in Gujarat: Mukesh Ambani
Addressing the delegates at the seventh edition of the Vibrant Gujarat Summit in Gandhinagar on Sunday, Ambani urged upon companies from across the globe to invest in India.
Jan 11, 2015, 11:13 AM 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
RIL's telecom, oil projects to push up profits: CLSA
Reliance Industries' much talked about USD 11 billion 4G telecom venture is likely to be launched this year which together with start of key oil projects will help it near double pre-tax profit, says a report.
Jan 06, 2015, 18:39 PM IST
RIL seeks immediate start of KG-D6 cost recovery arbitration
With its KG-D6 cost recovery arbitration stuck for three years, Reliance Industries has sought immediate start of the proceedings for early resolution of the dispute.
Dec 26, 2014, 17:46 PM IST
RIL to give up KG basin gas discovery block
Reliance Industries will relinquish its Krishna Godavari basin gas discovery block, KG-D3, mainly because of operational restrictions placed by the Defence Ministry.
Dec 24, 2014, 16:14 PM IST
SC appointed judge not yet onboard KG-D6 arbitration
Supreme Court appointed former Australian judge Micheal Kerby has so far not accepted becoming the presiding arbitrator in the KG-D6 cost recovery dispute as Oil Ministry hasn't given its no-objection.
Dec 22, 2014, 15:26 PM IST
Oil Ministry says $5.6 bn production loss at PMT fields
Sources said the ministry told PMO that BG and its partners Reliance Industries and ONGC, had initiated arbitration on the issue related to cost recovery limit prescribed in the Production Sharing Contract (PSC).
Dec 21, 2014, 14:46 PM IST
Telecom launch, petchem/ref project to be drivers for RIL
Reliance Industries' much-awaited launch of telecom venture and petrochem and refining expansion plans are likely to be key drivers for the company in 2015, Nomura said in a report.
Dec 18, 2014, 19:23 PM IST
IOC is India's biggest company: Fortune 500 list
Indian Oil Corp (IOC) tops the chart with an annual revenue of Rs 5,00,973 crore, while Mukesh Ambani-led Reliance Industries Ltd's (RIL) full-year revenue is Rs 4,44,021 crore.
Dec 14, 2014, 11:24 AM IST
Sensex, Nifty fall to 6-week lows; RIL, ONGC slip on crude drop
The 50-issue CNX Nifty of the NSE also plunged by 62.75 points, or 0.75 percent, to end below 8,300-mark for the first time after one and half months at 8,292.90.
Dec 11, 2014, 17:12 PM IST
RIL names former UK judge as its arbitrator in gas dispute
RIL gave the name of Rix, who recently retired as Lord Justice of Appeal with 20 years experience in the Commercial Court and the Court of Appeal, earlier this week, sources privy to the development said.
Dec 11, 2014, 16:07 PM IST
RIL says not in overseas market to raise funds via bond sale
The Mukesh Ambani-led company in April this year tied up USD 550 million from Japanese investment agency JICA and another USD 800 million from Korean Exim Bank in September.
Dec 10, 2014, 22:06 PM IST
RIL hits overseas debt market with $1 billion bond sale
Traditionally, much of RIL's investments are being funded through overseas borrowings.
Dec 09, 2014, 20:17 PM IST
RIL forms JV with China's Shandong Ruyi for textile business
To reposition its textile business and expand globally, Reliance Industries Tuesday announced a joint venture with China's USD-three billion Shandong Ruyi Science and Technology Group.
Dec 09, 2014, 20:00 PM IST
RIL, TCS among Barclays' top 133 stock picks for 2015
Reliance Industries, TCS and Bharti Airtel are among the six Indian firms that figure in Barclays' top 133 stock picks from across the world for 2015.
Dec 08, 2014, 17:06 PM IST
