Reliance Industries not to withdraw arbitration against govt: Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani Thursday said the company will not withdraw an arbitration it has initiated against the government for disallowing recovery of certain KG-D6 gas field costs - a punishment for gas output targets not being met.
Sep 01, 2016, 18:00 PM IST
Reliance Jio's low data tariff, zero voice rate raises profitability issue
At a time when the Indian telecom sector is in stress, with the upcoming spectrum auction expected to add to the burden, the startling Reliance Jio announcement of zero tariff for domestic voice calls in perpetuity, with sharply lower data rates, has aroused questions about the revenue model and profitability of the new player.
Sep 01, 2016, 17:49 PM IST
Idea, Airtel tank up to 9% on RJio's lower tariff offers
Idea Cellular tanked 9 percent to Rs 85 -- its 52-week low on BSE.
Sep 01, 2016, 13:16 PM IST
Shah panel submits report on compensation from RIL to ONGC
Justice AP Shah Committee Wednesday submitted a 'comprehensive report' on the compensation Reliance Industries should pay to ONGC for producing state-run firm's gas for the past seven years.
Aug 31, 2016, 16:58 PM IST
IMG-Reliance collaborates with Ministry of Textiles
IMG Reliance, which is a joint venture between Reliance Industries Limited (RIL) and IMG Worldwide (IMG), has collaborated with the Minstry of Textiles to empower handloom weavers community in India.
Aug 19, 2016, 16:14 PM IST
Mukesh Ambani keeps salary capped at Rs 15 crore for 8th year
Reliance Industries' Chairman and Managing Director Mukesh Ambani kept his annual salary capped at Rs 15 crore for the eighth year in a row even as the remuneration of all executive directors on firm's board rose.
Aug 04, 2016, 18:21 PM IST
CAG red-flags $1.6 bn excess cost recovery by RIL
Government auditor CAG has red- flagged USD 1.6 billion of excess cost recovered by Reliance Industries in the KG-D6 gas block and took note of state-owned ONGC's gas flowing into the eastern offshore fields of the Mukesh Ambani-led firm.
Aug 02, 2016, 20:11 PM IST
RIL, BP spend Rs 4,500 crore to maintain gas output at KG-D6
RIL-BP are currently producing from Dhirubhai-1 and 3 gas field and MA oil and gas field, three of the over one-and-half dozen discoveries made in the Bay of Bengal Block KG-DWN-98/3 or KG-D6.
Jul 24, 2016, 15:40 PM IST
RIL to pump in Rs 15,000 crore in Jio through rights issue
"We wish to inform you that the Board of Directors of the company at their meeting held on July 14 approved further issue of 1,500 crore equity shares of Rs 10 each aggregating to Rs 15,000 crore to the existing equity shareholders of the company on rights basis," the company said in a regulatory filing.
Jul 19, 2016, 21:55 PM IST
RIL nears starting gas production from CBM blocks in Madhya Pradesh
Reliance Industries is on the verge of starting commercial production of natural gas from its coal-bed methane (CBM) blocks in Madhya Pradesh.
Jul 17, 2016, 11:47 AM IST
RIL Q1 profit up 18% to Rs 7,113 crore on higher margin
Reliance Industries on Friday reported a bigger-than-expected 18 per cent jump in June quarter net profit on account of highest refining margin in eight years and robust petrochemical earnings.
Jul 15, 2016, 17:51 PM IST
Mukesh Ambani to come up with payments bank; RIL signs JV with SBI
Reliance Industries and banking major State Bank of India have signed the shareholder agreement to set up the payments bank joint venture.
Jul 01, 2016, 18:40 PM IST
Top 10 Indian public companies among Forbes' Global 2000 List
Top 10 Indian public companies among Forbes' Global 2000 List
May 26, 2016, 11:29 AM IST
Reliance Defence reports net profit of Rs 102.4 crore in Q4
Turning profitable, Reliance Defence and Engineering today posted a net profit of Rs 102.4 crore for the quarter ended on March 31, 2016, largely on account of increase in deferred tax credit.
May 14, 2016, 20:56 PM IST
Deferring 4G rollout to delay RIL credit metrics improvement: Moody's
Significant delay in commercial launch of 4G telecom services of Reliance Industries will impact expected improvement in the company's credit metrics, Moody's Investors Services said Monday.
Apr 25, 2016, 19:53 PM IST
RIL Q4 profit rises 16% to Rs 7,398 crore
Reliance Industries today reported a 16 jump in the March quarter net profit to a record quarterly earning of Rs 7,398 crore on the back of higher refining and petrochem margins.
Apr 22, 2016, 17:56 PM IST
Govt extends tenure of Shah Committee looking into ONGC-RIL gas dispute
Government on Tuesday extended tenure of Shah Committee looking into ONGC-RIL gas dispute by three months to July 31.
Mar 22, 2016, 12:30 PM IST
Top 6 cos add Rs 37,414 cr in mcap; TCS lead gainer
Market logged its third weekly rise in a row to hit a two-month high, as benchmark Sensex gained 234.75 and the broader Nifty garnered 94.15 points.
Mar 20, 2016, 15:08 PM IST
RIL, Tata Motors, Wipro among top 10 sustainable firms: Survey
Corporate giants like RIL,Vedanta, Mahindra & Mahindra, Tata Motors, and Wipro are among the top 10 companies which have emerged as India's most sustainable firms, according to a survey.
Mar 14, 2016, 21:24 PM IST
RIL arm to invest Rs 1,300 crore in Haryana for electronics hub
Reliance Industries' wholly-owned arm Model Economic Township Ltd will develop an electronics manufacturing hub and footwear park at Jhajjar, Haryana with an investment of Rs 1,300 crore.
Mar 13, 2016, 12:52 PM IST
