Page 77 - Reliance Industries

The people in the RIL unlawful gains case

Twelve entities, acting on behalf of Reliance Industries (RIL), booked gains of Rs 513 crore by squaring off derivatives' positions in Reliance Petroleum on November 29, 2007. The elaborate scheme they devised to achieve these gains allegedly violated provisions of The Securities and Exchange Board of India (Sebi) Act, The Securities Contract (Regulation) Act (SCRA) and the Sebi Prevention of Unfair Trade Practices Regulations. For 3,379 days, little happened. Three people -- M Damodaran, C B Bhave and U K Sinha -- were at the helm of affairs at Sebi in this period. Damodaran for a little over two months, Bhave for three years between 2008 and 2011, while Sinha had six full years. For the next 23 days, too, not much. But, 3,403 days after the violation, RIL was asked to repay its alleged ill-gotten gains, with interest. Though such an order is usually teamwork, and was drafted by wholetime member G Mahalingam, people in the know say the call of the man at the top is crucial. ...

Reliance Industries trades weak after Sebi bans it from F&O segment

The stock was down 1.2% at Rs 1,270 on BSE as compared to 0.30% decline in Sensex at 09:28 am.

Reliance Industries' unlawful gains case and what the fraud is all about

What was the fraud? Why did Sebi drag its feet on the order? What options does RIL have now?

Sebi's reliance order: Key dates and numbers

Sebi bars Reliance Industries from equity derivatives market allegedly for unfair trading practices

Arbitration on compensation demand in RIL-ONGC row starts

RIL will first file its statement of claim, followed by a statement of defence by the government

10% shares of RIL changed hands in multiple block deals today

Around 389 million shares, representing 2.3% equity stake, changed hands on BSE via block deals

OilMin moves Cabinet to get RIL, ONGC pricing freedom

Of the 33 CBM bearing blocks awarded so far, gas is being produced from only four

Reliance Industries' over 10% shares exchange hands via block deal

Nearly 396 million shares representing 12.58% of total equity capital of RIL changed hands on BSE

Reliance Industries closes in on TCS on market capitalisation

The difference in market capitalisation between the two bluechip companies is just 15%

Reliance Industries extends rally; stock soars 25% in three weeks

The stock was up 4.4% to Rs 1,288 on BSE in intra-day trade, also its highest level since May 2008.

RIL up 4.7% after target price raised

The rally has also propelled the company to cross the Rs 4 lakh cr market capitalisation

Reliance Industries hits over 8-year high; m-cap crosses Rs 4 lakh crore

The stock rallied 6% to Rs 1,255, surged 17% in past four trading sessions.

Reliance has no plans to launch app-based taxi service, tweets official

JioMoney was launched last week to enable users pay for their rides on Uber

Better Jio offers may lure away subscribers from Airtel, Idea, and Vodafone

Competition heats up in telecom space

Reliance Industries hits over 7-year high as Jio promises to end freebies

The stock rallied 8% to Rs 1,172, up 8% on NSE in intra-day trade.

Telecom shares trade weak; Bharti Airtel down 3% on Jio announcement

Bharti Airtel and Idea Cellular had rallied more than 15% each in past one month.

RIL JV plans South Asia's first halogenated butyl rubber unit at Jamnagar

Unit to produce 60,000 tonnes of the product a year; RIL owns 75% in JV with Russian firm SIBUR

RIL's bulk diesel market share climbs to 4.9%

RIL's bulk high-speed diesel sales have seen healthy growth in the past few quarters

RIL expects sharp rise in operating profit from next financial year

MUMBAI (Reuters) - Indian oil-to-telecoms conglomerate Reliance Industries Ltd expects a sharp rise in operating profit from the next financial year as it completes an expansion of its core refining and petrochemicals business, a senior executive said on Monday.

Reliance Industries dips post Q3 results

At 10:19 am; the stock was trading 2.4% lower at Rs 1,050, extending its Monday's 1.2% decline on the BSE.