Gas price formula review panel to meet Monday
A four-member committee of secretaries (CoS) set up by the government to review the gas-pricing formula will hold its first meeting with stakeholders on Monday, a petroleum ministry source said.
Aug 23, 2014, 19:08 PM IST
RIL inks pact for US ethane to feed Jamnagar cracker unit
Reliance Industries Wednesday said it has entered into agreements to long haul US-produced ethane to feed its cracker at the Jamnagar refining and petrochemical complex in Gujarat.
Aug 20, 2014, 21:03 PM IST
OilMin rebukes ONGC for making "frivolous allegations"
ONGC had on May 15 filed a petition in the Delhi High Court alleging that RIL may have drawn natural gas worth thousands of crores of rupees from its fields that sit next to Mukesh Ambani-run firm's KG-D6 block Krishna Godavari basin.
Aug 18, 2014, 19:41 PM IST
Reliance Industries counters, as Sebi slaps fine
RIL countered, saying: "The issue relates to the method of calculation of diluted EPS under the accounting standards. The issue is not of non-disclosure."
Aug 09, 2014, 11:12 AM IST
Sebi fines RIL Rs 13 crore for non-disclosure of earnings ratio
In one of its biggest penalties for non-disclosure of a key earnings ratio, Sebi on Friday imposed a penalty of Rs 13 crore on corporate behemoth Reliance Industries Ltd (RIL) for violation of the Listing Agreement.
Aug 08, 2014, 17:55 PM IST
RIL marked all correspondence with Oil Min, DGH
Reliance Industries had marked all copies of its correspondence with the Supreme Court-appointed Tribunal on KG-D6 cost recovery issue to the Oil Ministry and its technical arm DGH.
Aug 07, 2014, 18:49 PM IST
Oil Ministry wants RIL to sell gas at $4.2; $6-6.5 price for others
The new rates were to apply for gas from currently producing MA field in the same KG-D6 block as the government had accepted geological reasons forwarded by RIL for its output lagging targets.
Aug 03, 2014, 11:31 AM IST
Petroleum ministry mulling lower gas price
The petroleum ministry is considering a new price for domestic gas that would be lower than the USD8.4 per unit reached by the formula suggested by the C. Rangarajan panel constituted by the earlier UPA government.
Aug 02, 2014, 23:04 PM IST
Oil Min proposes gas price of $6-6.5 per unit, RIL may be denied new price
More than a month after it deferred a decision on raising natural gas prices, the Government on Friday said it has not taken a final decision on the issue yet.
Aug 02, 2014, 10:24 AM IST
KG basin dispute: Fresh plea for appointment of arbitrator
A fresh plea was today made in the Supreme Court for appointment of a third arbitrator to resolve the dispute between the Centre and Mukesh Ambani-led Reliance Industries Ltd (RIL) on KG basin in the wake of an Australian judge recusing himself.
Jul 25, 2014, 22:02 PM IST
British energy secy meets Pradhan, discusses key issues
Weeks after Britain's BP and its partner Reliance Industries slapped an arbitration notice for delay in gas price hike, UK's Energy Secretary Edward Davey today met Oil Minister Dharmendra Pradhan to discuss outstanding issues.
Jul 25, 2014, 20:13 PM IST
No gas from RIL's KG-D6 is being supplied to Bangladesh: Govt
The government today asserted that no gas from Reliance Industries' eastern offshore KG-D6 block was being supplied to Bangladesh.
Jul 23, 2014, 17:42 PM IST
KG-D6 case: Oil Min says it challenged McHugh decision to return
Former Australian judge Michael McHugh had to quit as chairman of an arbitral tribunal in the Reliance Industries' KG-D6 cost recovery dispute as Oil Ministry challenged his decision to return after he initially withdrew from the post.
Jul 23, 2014, 17:16 PM IST
RIL's Q1 performance supports credit profile: Moody's
Moody's Investors Service Tuesday said Reliance Industries' largely stable performance metrics for the first quarter of the current fiscal continue to support its credit profile.
Jul 22, 2014, 20:36 PM IST
RIL, BP relinquish yet another gas block
Reliance Industries and its partner BP have surrendered one more oil and gas block, reducing their tally to 5 from 21 exploration acreage they held three years back.
Jul 21, 2014, 18:01 PM IST
Sensex rises 73 points to 2-week high; RIL gains 2%
Sensex on Monday rose for the fifth day and ended 73 points higher at two-week closing peak on continued foreign capital inflows after bluechips, including RIL and HDFC, reported robust quarterly earnings.
Jul 21, 2014, 17:13 PM IST
RIL shares up 2% on positive earnings
Shares of RIL Monday ended 2 percent higher after the company posted a 13.7 percent jump in first quarter profit.
Jul 21, 2014, 13:20 PM IST
FIIs up stake in Reliance Industries to 7-yr high at about 20%
Foreign investors have hiked their stake in corporate behemoth Reliance Industries (RIL) to a seven-year high of about 20 percent, even as holding of small individual investors has slipped below 10 percent.
Jul 20, 2014, 13:54 PM IST
RIL becomes first private company to post $1 billion quarterly profit
Reliance Industries posted a 13.7% jump in its first quarter net profit to almost $1 billion, the highest quarterly profit by a private firm.
Jul 19, 2014, 20:33 PM IST
Reliance Industries Q1 earning up 13.7% at Rs 5,957 crore
Consolidated net profit in April-June quarter at Rs. 5,957 crore was 13.7 per cent higher than Rs. 5,237 crore in the same period a year ago.
Jul 19, 2014, 18:16 PM IST
