Gas price: Govt joins arbitration initiated by RIL, partners
The government Thursday decided to join the arbitration initiated by Reliance Industries and its partners over delay in revision of natural gas prices, and named former Supreme Court judge G S Singhvi as its arbitrator.
Jul 17, 2014, 19:26 PM ISTOil Ministry to move Cabinet to allow RIL to retain gas finds
RIL has not been able to submit a development plan for D-29, 30 and 31 gas discoveries, which hold an estimated 345 billion cubic feet of reserves.
Jul 16, 2014, 11:03 AM ISTGovt slaps $579 mn additional penalty on RIL
With this, the total penalty on RIL for missing the target in four fiscal years beginning April 1, 2010 now stands at a cumulative USD 2.376 billion.
Jul 14, 2014, 16:09 PM ISTGovernment slaps $579 mn additional penalty on RIL
The total penalty now stands at USD 2.37 billion. The penalty in the form of disallowing costs incurred on the field is for missing the target in 2013-14.
Jul 14, 2014, 15:53 PM ISTRIL completes acquisition of control of Network18 Media, arm
With the completion of this transaction, IMT and RIL have become promoters of NW18 and TV18.
Jul 07, 2014, 17:59 PM ISTRIL, BP slap arbitration notice on Govt for gas price hike
RIL-BP-Niko on June 17 served a formal arbitration notice naming London-based Sir David Steel as its arbitrator.
Jul 06, 2014, 12:17 PM IST'RIL to defer investment in developing new fields'
The consortium is also investing USD 1.529 billion in developing four other satellite fields that can produce 10 mmscmd.
Jun 30, 2014, 19:02 PM ISTSAT throws out RIL plea, blasts SEBI for arbitrariness
The Securities Appellate Tribunal Monday upheld a Sebi decision rejecting Reliance Industries Ltd's application to settle alleged violations of norms to check fraudulent and unfair trade practices in the RIL-Reliance Petroleum merger case through a consent mechanism.
Jun 30, 2014, 16:12 PM ISTThe case before SAT not related to insider trading: RIL
Reliance Industries on Friday said its pending plea before the SAT against SEBI is not related to any insider-trading, but challenges the regulator's arbitrary decision to shut the consent mechanism window on it.
Jun 27, 2014, 23:03 PM ISTUnfair to expect gas price decision by new govt so soon: ONGC
The UPA government-approved formula, if implemented, would have increased power tariffs by Rs 2 per unit and CNG rates by Rs 12 a kg.
Jun 26, 2014, 18:13 PM ISTRIL insider-trading case: SAT ends hearing, verdict on Jun 30
A full bench of the Securities Appellate Tribunal (SAT), headed by presiding officer JP Devdhar, on Thursday concluded the hearing on the nearly four-year- long insider trading case against Reliance Industries and said it will pronounce the order on June 30.
Jun 26, 2014, 18:04 PM ISTSensex falls 251 points dragged down by shares of ONCG, RIL
Sensex constituents RIL and ONGC contributed almost 150 points to the Sensex fall on Thursday.
Jun 26, 2014, 17:04 PM ISTGovt to slap additional penalty of $578 million on RIL
The government plans to impose an additional penalty of USD 578 million on Reliance Industries for producing less-than-targeted natural gas from its eastern offshore KG-D6 block.
Jun 25, 2014, 15:41 PM ISTGCA to be appointed to resolve ONGC-RIL dispute
GCA is a worldwide petroleum consultancy with over 50 years of experience in providing independent technical, commercial and strategic solutions.
Jun 22, 2014, 13:03 PM ISTSensex down 44 pts on rising Iraq unrest, ONGC falls 5.13%
In volatile trading, the benchmark Sensex on Thursday failed to maintain early gains and ended down 44.45 points at 25,201.80, led by losses in ONGC and RIL scrips, as oil continued its upmove on fighting in Iraq.
Jun 19, 2014, 17:25 PM ISTGas price hike: Mukesh Ambani says will win public trust
Facing criticism from certain political quarters over natural gas price hike, Reliance Industries Chairman Mukesh Ambani Wednesday expressed confidence the company will win public trust as it believes in creating wealth and livelihood for millions in a transparent manner.
Jun 18, 2014, 19:24 PM ISTReliance plans Rs 1.8 lakh cr spending; to start 4G next year
Reliance Industries will start offering 4G telecom services next year and unveiled a Rs 1.8 lakh crore investment plan across businesses aimed at catapulting it into the top 50 companies of the world.
Jun 18, 2014, 18:44 PM IST