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RIL net profit falls 11.5%
Reliance Industries (RIL), India's largest company by market capitalization, announced that the company's net profit for the first quarter of the current fiscal, declined 11.5% to Rs 3,636 crore, as...
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RNRL to get gas for $4.20 from RIL
The long standing battle between Mukesh Ambani and Anil Ambani came to an end when the court gave the decision in favor of RIL. The decision came on Friday as per which RIL will be selling gas from its...
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Crude oil price to touch $100/ barrel, says Mukesh Ambani
As the cost of discoveries are touching sky high and refining process is very slow in its approach, Mukesh Ambani, Chairman and Managing Director of oil and petrochemicals giant Reliance Industries...
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RIL, RNRL begin talks on gas supply
In line with a Supreme Court verdict earlier this month on the row between Mukesh and Anil Ambani groups, Reliance Industries and RNRL on Tuesday began informal talks for possible gas supply agreement....
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RIL looks to acquire shale gas assets of US' Pioneer
The shale gas assets owned by Pioneer Natural Resources is most likely to be bought by the Reliance Industries (RIL). read more
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6th discovery made at Cambay basin by RIL
Reliance Industries has found yet another reason to spread cheers, already being the largest private sector company India, it has now discovered more oil in its onland site in the Cambay basin of...
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4 Way expansion approved by RIL
In a board meeting in the early part of last week to discuss strategies for entering high-growth sectors, the RIL management told its board about the 4 industries it has identified for future...
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RIL likely to bid for mega power plant
Two company officials of Reliance Industries. Indias biggest company by market value had been found stating that reliance plans to build one power plant in the country to mark its entry in the...
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RIL to buy 26% stake in Fortis
Reliance industries is reportedly going to by 26% stake in Fortis healthcare as reported by Financial Express. An intraday high of Rs 1065.70 was touched by RIL and also a Rs 1060.20 intraday low. The...
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No Sight Of Anil Dampens Vibrant Mood
It was expected of Mr. Anil Ambani to turn up for the 36th Annual general meeting of RIL on Friday that took place in the Birla Mathusree Hall in South Mumbai. The air around the place was full with...
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RIL set to pay Rs 6,200 cr for US shale field
According to reports received on Tuesday, RIL well pay in the tune of Rs. 6,200 crore ($1.35 billion) to establish itself in the US shale gas industry. This amount is for holding a stake in a field...
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RIL may choose WiMax for broadband instead of LTE
Mukesh Ambani owned Reliance Industries Ltd, which is planning to roll out its broadband services in the country through a firm called Infotel Broadband Services Pvt. Ltd, might choose the WiMax...
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RIL ready to sign pact with Essar Oil
Mukesh Ambani's Reliance Industries (RIL) has said that it is finally going to sign contract with the oil and natural gas company, Essar Oil. The pact is for supplying natural gas and Essar's eastern...
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RIL plans to expand
India's largest petrochemical company, Mukesh Ambani owned Reliance Industries Ltd. has been searching for inorganic ways to grow business in the recent times. The company was in news recently for the...
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Ambani may get Rs 1 crore as compensation from BoA
Mukesh Ambani, Chairman of Reliance Industries Ltd. (RIL) has been appointed as an annual director at the U. S. bank, Bank of America Corp. (BAC) for which he will receive fees of Rs 10 million in cash...
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RIL may launch fast food chain in India
Business tycoon Mukesh Ambani's Reliance Industries Ltd. (RIL) may launch a fast food chain in India within the next six months, a senior company official familiar with the matter informed. On the...
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Top 100 firms pay merely 10% more in advance taxes
Advance taxes collections from Mumbai-headquartered corporate houses increased by a mere 10 per cent, raising concerns that the tax collection target set by the government for the full fiscal year...
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RIL discovers new gas reserve in KG-D6 block
Reliance Industries Ltd (RIL) on Friday announced that it along with its partner BP Plc made a huge natural gas discovery in their flagging Krishna Godavari D6 (KG-D6) block in Andhra Pradesh.The site...
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RIL’s data-focused network will face many challenges
Reliance Industries Ltd (RIL) Chairman Mukesh Ambani is betting big on 4G broadband with a hope that his huge investments in the field would transform the way people use mobile devices for activities...
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RCom agrees to lease out intra-city fibre network to Reliance Jio
Reliance Communication Ltd (RCom) has agreed to lease out its intra-city fibre network to Reliance Jio Infocomm Ltd for the roll out of its 4G services.Anil Ambani-led RCom will earn an estimated...
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