The stock was up 2.2% at Rs 1,089, extending its Thursday's 2% gain on the BSE.
The company was ranked 8th this year, improving from 14 position a year ago
The old guard is still involved in broad corporate decision-making, but quite a few new business heads have started making their mark at the group
RIL chairman says petrochemicals and refining business was poised to grow at 40-50% in earnings and cash flow
The annual general meeting (AGM) of Reliance Industries on Thursday saw a different partnership on display. As Mukesh Ambani showered praise on Nita Ambani for her corporate social responsibility activities and for becoming the first Indian woman member of the International Olympic Committee, his better half played her part by leading the round of applause for every new announcement Mukesh Ambani made. As Mukesh Ambani made his longest-ever AGM speech, his wife was seen ready to be the first to clap. With Jio in focus, Nita Ambani did get enough opportunities to return the gesture.
A report by Justice A P Shah committee today confirmed thatthere was a migration of gas from state-run ONGC's block in Krishna Godawaribasin to the adjacent fields owned by Mukesh Ambani-led Reliance IndustriesLtd. The one-man panel's report stands close to the findings ofthe report submitted by the US-based consultant DeGolyer and MacNaughton(D&M) in November 2015, which stated that about 11.122 billion cubic metersof natural gas worth about Rs 11,000 crore had migrated to the RIL fields fromONGC's idle fields. "Shah panel has submitted its report today. It confirms thatthere was a migration of gas from ONGC's fields to RIL's. We will look into itsrecommendations of the report and will take a call on it by September 30," saidpetroleum minister Dharmendra Pradhan. Headded that the panel also looked into the economic and legal aspects ofmigration. Government may take a call on the compensation to ONGC by RIL after studying the report. The mandate of the panel was to quantify the .
Sees scope for growth in India and rise in fuel consumption for next 10-15 years
RIIH setting up Jio-related infrastructure, new ventures
Production from the D6 block dropped considerably after a peak of 62 mscmd in 2010
On a large scale, as shown by its highest-ever spending on this in FY16 going along with a surge in cash balances, making investors restive
RIL chairman Mukesh Ambani spoke about his retail business plans in the company's latest annual report
The stock was up nearly 3% at Rs 1,039 on the BSE in early morning trade.
Export earnings records 9.4 per cent fall at Rs 33,282 crore
Consolidated net profit grew 18.1 per cent to Rs 7,113 crore
Reliance, which has the highest cash balance, is also one of the highly indebted companies in the country
Mega expansions will provide additional trigger for the stock
The latest has South Delhi residents battling Reliance and the city's development authority to stop a mega mall project
GRM at 8-year high of $11.5 per barrel
Company to invest Rs 800 crore to drill these wells in search of hydrocarbons
The share of Latin American and African oil in Reliance's overall imports declined in the first five months of 2016,