Page 75 - Reliance Industries

RIL defaults on Rs 1,370 cr fine over BKC convention centre: Maha govt

MMRDA had handed over the construction in Bandra Kurla Complex in 2006 and it is still incomplete

RIL to award R-series contracts in September quarter

R-Series contracts to be awarded by end of September quarter or early December quarter

RIL's past bonus issues fail to lift sentiment

After the latest bonus issue, the paid-up equity share of RIL will double from 3,251 mn to 6,503 mn

Reliance Industries inches closer to lifetime high post Q1 results

The stock up 3% to Rs 1,578 on NSE, close to its record high of Rs 1,649 hit on Jan, 15, 2008.

Govt demand for larger share in profit from oil fields premature: RIL

Centre sought $3-bn from the firms after an international tribunal upheld the govt's view

Payback time for Reliance: Market capitalisation touches Rs 5 lakh crore

It is the only company other than TCS to have exceeded Rs 5 lakh cr in m-cap

Reliance Industries hits over 9-year high; stock up 41% in 2017

The stock hit a high of Rs 1,525, its highest level since January 17, 2008, on BSE in intra-day.

Reliance makes its 15th global oil block exit with pullout from Peru

It is left with two oil and gas exploration blocks in Myanmar

RIL seeks shareholders' nod to cap non-promoter holding at 5%

RIL holds 70% interest in the payment bank while SBI has the rest

RIL's $6-bn capex will delay deleveraging; investments credit neutral: S&P

Rating agency S&P has said the Rs 40,000-crore capex that Reliance announced last week in deep water gas fields will delay its deleveraging, but maintained that the investment plan is credit neutral. It expects that investment along with the fledgling telecom venture, into which RIL has pumped in over Rs 1.3 trillion so far, will contribute 50 per cent increase in operating income. "The proposed USD 6 billion investments will slightly delay Reliance's deleveraging as any meaningful improvement in the leverage ratio will depend on stronger cash flows from new projects in refining and petchem and its telecom venture generating meaningful EBITDA in fiscal 2018 and thereafter," S&P said in a weekend note. "We expect the EBITDA from these two businesses (new gas fields and telecom) to grow by about 50 per cent in fiscal 2019 over fiscal 2017. We also expect telecom business to attain material scale for paid subscribers resulting in contribution of about 20 per cent of ...

Reliance Industries up for the fourth straight trading day

In past four trading sessions, the stock rallied 8% as compared to 0.33% rise in Sensex

Reliance Industries: Adding more legs to growth

More than $6-bn investment, growth in near term will come from investments made in past 4 yrs

Mukesh Ambani, BP's Dudley meet Oil Minister Pradhan

Have invited BP & Reliance to invest in fuel retail, said Pradhan

RIL starts commercial production from its Madhya Pradesh CBM field

RIL expects to drill 600-800 wells and develop associated infra over next phases of development

RIL, BP to buy out Niko stake in NEC-25

The Canadian major was trying to get buyers for its shares in Krishna-Godavari basin and NEC-25

RIL commissions ethane facility at Dahej in Gujarat

RIL's ethane project involved securing ethane refrigeration capacity in the US Gulf coast

RIL net up 12.3% to Rs 8,046 cr. Here are all the details

Core refining and petrochemicals buoy performance in March quarter

SAT adjourns RIL plea against Sebi ban to August 8

Sebi direction asking the Mukesh Ambani- led firm to disgorge "unlawful gains"

Reliance Industries moves SAT against Sebi ban, penalty

Reliance Industries Ltd today approached the Securities Appellate Tribunal against a Sebi order, which had banned the Mukesh Ambani-led firm from equity derivative trading for one year and had asked it to disgorge nearly Rs 1,000 crore in an alleged fraudulent trading case. The Tribunal is likely to hear RIL's appeal on May 3 to decide on admission and further hearing, sources said. In a nearly 10-year-old case, capital markets regulator Sebi on March 24 had banned Reliance Industries Ltd (RIL) and 12 others from equity derivatives trading for one year, while accusing the company of making "unlawful gains". Besides, RIL was asked to disgorge Rs 447 crore, along with an annual interest of 12 per cent since November 29, 2007, which itself would be over Rs 500 crore, taking the total disgorgement amount to nearly Rs 1,000 crore. The case relates to alleged fraudulent trading in the F&O space in the securities of RIL's erstwhile listed subsidiary Reliance Petroleum Ltd

Reliance to take more write offs on US shale gas assets

Reliance invested $600 more in shale gas in March quarter