Page 11 - Ril

RIL slips nearly 3% as govt seeks to block $15 bn Saudi Aramco deal

In a counter affidavit, it said it was a 'falsehood' that the arbitration tribunal had passed an award requiring the company and its partners to pay $3.5 billion to the government

Top 10 biz headlines: IT cos contracts' rebid, RIL counters govt, and more

From mall developers to Tata 'legacy hotspots', here are the top business headlines

RIL mounts counter to govt petition seeking to block its $15 bn Aramco deal

RIL maintained that except as quantified by the tribunal, no amount can be said to be payable at this stage

Six of top-10 firms add Rs 65,060 cr in m-cap; RIL, HDFC top gainers

In the broader market, the BSE 30-share Sensex advanced 564.56 points or 1.39% last week

HPCL most vulnerable to falling refining margins; RIL best placed

A higher diesel spread means refiners will see better GRMs as compared to the benchmark

RIL subsidiary picks up majority stake in NowFloats for Rs 142 crore

The stake purchase is aimed at strengthening the group's digital and new commerce initiatives

RIL's post-tax ROCE could rise by 11% in two years: Morgan Stanley

Reliance Jio, the telecom arm of RIL, last week raised tariff by up to 39 per cent following hikes effected by other service providers.

Top 10 business headlines: Airtel seeks FDI nod, Jio offers more free calls

From clinical trials for faster availability of new drugs to India's real GDP growth in FY20, here are the top business headlines of the day.

Reliance Industries highest bidder for Reliance Infra tower & fibre assets

According to a top source, the process could take one to two weeks before a final announcement is made.

RIL stock rallies on Jio tariff hike, gains 2.5% to hit all-time high

Foreign brokerage Credit Suisse believes that Jio's tariff hike could bring an annual cash flow in excess of $1.5 billion

Reliance Petroleum case: SAT to hear RIL plea against Sebi order on Nov 13

The Securities Appellate Tribunal on Wednesday is likely to hear an appeal by Reliance Industries Ltd against a Sebi order that had barred the company and 12 of its promoter group entities from dealing in equity derivatives. The watchdog had barred the company and the entities for alleged unfair trade practices related to the securities market. Through an order on March 24, 2017, Sebi had also directed RIL to disgorge Rs 447 crore along with interest. The total amount of disgorgement, including interest, was around Rs 1,952 crore. SAT would hear RIL's appeal against the Sebi ban on Wednesday, as per the tribunal's cause list. Noted lawyer Harish Salve would be appearing for RIL. The case dates back to March 2007, when Mukesh Ambani-led RIL decided to sell 5 per cent stake in Reliance Petroleum, a listed subsidiary which was later merged with RIL in 2009. Sebi ruling was related to alleged fraudulent trading in the F&O space in the securities of Reliance Petroleum. RIL and the 1

Reliance Industries arm increases stake in US-based SkyTran to over 17%

In October last year, Reliance Industrial Investments and Holdings Ltd, a wholly-owned subsidiary of the company, had acquired 12.7% stake in SkyTran Inc.

On request, Reliance again puts off gas bid to November 15: Report

The sources said potential bidders sought more time to evaluate the terms of the offer and so the bidding deadline was pushed back to November 15

RIL debt reallocation a step towards Reliance Jio monetisation: Emkay

RIL has announced that it's setting up a wholly-owned subsidiary called 'Jio Platforms Limited' for its digital platform initiatives

RIL new digital biz to make platform apps attractive to investors: Analysts

RIL's restructuring of telecom/ digital business raises focus on asset monetisation and debt reduction, says Morgan Stanley

RIL to set up a wholly-owned subsidiary for digital platform initiatives

The subsidiary will also acquire RIL's equity investment of Rs 65,000 crore in Reliance Jio Infocomm Ltd (RJIL)

Best of BS Opinion: A bubble building in bond mkt, RIL-Aramco deal and more

RIL AGMs have become events at which, rather like a prime minister's Independence Day speech, Chairman Mukesh Ambani is expected to make some big bang statements writes Kanika Datta

The fall of Reliance Industries' capital expenditure: Here're the details

The fall in capex is in line with the management's guidance

RIL says on track to produce gas from new field in KG-D6 block by mid-2020

Reliance Industries has so far made 19 gas discoveries in the KG-D6 block

RIL's diesel, petrol volumes grow in double digits despite slowdown

It pegged volume growth for high speed diesel (HSD) at 14-15 per cent and for petrol at 17 per cent YoY