Page 3 - Reliance Industries Ltd

RIL's net debt might not rise in 2020-21 despite coronavirus, says report

RIL's share price has dropped 21 per cent year-to-date, but still out-performed the market by 7 percentage points

Reliance Industries' board to meet on April 2 for fundraising through NCDs

The quantum of funds to be raised or the purpose of fund raising has not been disclosed in the intimation.

Eight of top-10 companies witness combined loss of Rs 3.63 trn in m-cap

Valuation of Reliance Industries Ltd (RIL) eroded by Rs 54,961.45 crore to Rs 6,46,732.07 crore and that of HDFC dropped by Rs 54,479.15 crore to Rs 3,03,722.13 crore.

Mukesh Ambani, wife, children marginally raise personal shares in RIL

Mukesh Ambani, who personally held 72.31 lakh shares or 0.11 per cent of RIL, raised his holding to 75 lakh or 0.12 per cent

RIL tumbles nearly 13% to Rs 1,113.15 on weak petroleum demand outlook

Weaker crude indicates oversupply and could be supportive of margins; howeverm if the weakness is demand-related, it could have the opposite effect on margins

Explained: Why did RIL close production in three fields in the KG Basin?

The closure of three fields in the KG Basin by RIL casts nagging doubts about India's success under the 23-year-old New Exploration and Licensing Policy

RIL consolidates media biz: TV18, Hathway and DEN to merge into Network18

RIL's stake in Network18 would reduce to 64 per cent, from 75%, following the merger

RIL's new kirana store-driven delivery model to aid new commerce initiative

The concept was to leverage the network presence of kirana stores for RIL's e-commerce initiative. Under this initiative, RIL started JioMart's pre-registration in December last year.

Reliance Industries, BP shut down D1/D3 gas field in KG-D6 block

The fields were India's first deepwater gas field, which started production in April 2009. The fields were expected to cease production in 2015

Reliance outpaces industry in petrol, diesel sales from its outlets

LPG sales was up 37 per cent with new customers and increasing penetration in new markets

Why CMD role separation remains a work in progress despite deadline nearing

Sebi, in its October 2017 report on corporate governance, said listed firms should have a different person heading the management and another in place as chairman of the board

Why the Govt is trying to stop Reliance from selling assets to Aramco

The Delhi high court ordered RIL and BG Exploration and Production India Ltd, a unit of Shell India, to disclose their assets after the Centre sought to restrain the companies from disposing them

Reliance-BP petrol pumps to dent PSU market share: Morgan Stanley

Reliance and BP last week announced further details of their retail fuel partnership, in which the British firm has taken 49 per cent stake for USD 1 billion

RIL arm acquires 51.78% stake in Asteria Aerospace for Rs 23.12 cr

The investment will further enable the group's initiatives in emerging technology, it added

RIL, Adnoc to co-develop ethylene dichloride facility in Abu Dhabi

The JV will give Adnoc an indirect access to India's growing petrochemical demand, and RIL raw materials for its PVC business in the country

Reports on sale of news biz to Times Group are baseless, false: Reliance

Billionaire Mukesh Ambani's Reliance Industries on Thursday denied reports of selling its news media business to Times Group. Bloomberg early on Thursday reported that Ambani "is in talks to sell his news media assets to India's Times Group, as Asia's richest man plans to unload a business that's been losing money". "Reliance Industries firmly denies (the) story. The story is baseless and false," a company spokesperson said. The report had quoted people familiar with the matter to say that Bennett Coleman & Co, the publisher of the Times of India, is looking to hire advisers for due diligence on the news properties of Ambani's Network18 Media & Investments Ltd. Bennett Coleman's spokesperson couldn't be immediately reached for comments. Reliance had in 2014 bought Network18, which owns and operates 56 local channels spanning news and entertainment, for up to Rs 4,000 crore. Network18 owns TV channels (including CNBCTV18, CNN-IBN, CNN Awaz), websites (firstpost.com, ...

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

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'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