RIL

SEBI can withhold information on probe against RIL: CIC

The Central Information Commission has allowed Securities and Exchange Board of India to withhold the information on its probe into alleged short selling of shares by Reliance Industries Limited in 2007 saying investigation has not concluded yet.

Dec 07, 2014, 13:22 PM IST

Oil Ministry may dip into RIL incremental gas price hike revenue account

Government may dip into Reliance Industries' incremental gas price hike revenue, accruing in a pool account, to recover its dues in the wake of the contractor failing to meet certain KG-D6 output targets.

Dec 07, 2014, 12:28 PM IST

Fitch revises RIL's rating upward to 'stable'

Fitch Ratings Monday revised upwards outlook on Reliance Industries' (RIL) long-term local currency rating at 'BBB stable' from 'positive', citing better than expected show by its US shale gas business which offset the dip in the domestic exploration business.

Dec 01, 2014, 18:40 PM IST

CAG wants $357.16 mn of RIL's KG-D6 cost disallowed

The CAG found irregular payment of USD 427.48 million to contractors, of which it sought disallowance of at least USD 77.36 million cost.

Nov 28, 2014, 16:56 PM IST

New gas price policy inconsistent with PSC, says RIL's partner

The government this month implemented a new gas price of USD 5.61 per unit, a rate nearly 40 per cent lower than the price approved by the previous UPA regime but not implemented.

Nov 27, 2014, 15:55 PM IST

CAG not factoring project delays if decision is not taken: RIL

CAG in its draft report had questioned euro 200 million payment to Allseas Marine Contractors beyond the contracted amount.

Nov 23, 2014, 14:01 PM IST

Reliance Jio attracts 26 global banks for $1.5 bn loan

A total of 26 banks from America to Australia have participated in extending a $1.5 billion loan to the 4G telecom services arm of Reliance Industries that will be used to refinance a similar exposure taken in 2010, the company said.

Nov 18, 2014, 15:05 PM IST

Oil Ministry grapples with payment options for RIL's KG-D6 gas

However, there is still no clarity on how to invoice the fuel from RIL's D1&D3 fields, which is to be sold at the old rate of USD 4.2 per mmBtu.

Nov 13, 2014, 13:21 PM IST

RIL to sell 49.9% stake in US joint venture

RIL, as well as its partner Pioneer Natural Resources Co, are seeking a buyer for their stakes in Eagle Ford Midstream venture as they focus on shale oil production.

Nov 05, 2014, 12:55 PM IST

RIL, partners to get $40 mn this fiscal from gas price hike

Reliance Industries and its partners will get about USD 40 million in additional revenue this fiscal for gas they produce from eastern offshore KG-D6 block after the government raised prices by 33 percent.

Nov 04, 2014, 20:47 PM IST

ONGC topples RIL to become highest ranked Indian energy firm

RIL, India's largest private firm, slipped from 19th rank in 2013 to 22nd in this year's ranking, according to Platts.

Oct 29, 2014, 16:14 PM IST

Gas price to dent RIL, but EPS, ROCE may still double: Barclays

liance Industries will get 33 percent higher gas price of USD 5.61 per mmBtu for output from MA field in the KG-D6 block, but its main D1&D3 fields will continue to get old rate of USD 4.2.

Oct 21, 2014, 18:26 PM IST

Gas price: ACB can prosecute RIL, Moily, Deora, Delhi govt tells HC

The Delhi High Court was Thursday informed by the city government that its Anti-Corruption Branch has the power to probe the case against RIL and former UPA ministers Veerappa Moily and Murli Deora relating to alleged irregularities in raising price of gas from the company's KG6 basin.

Oct 16, 2014, 19:56 PM IST